Hot Topic Ranking

Hot Score

## Large Outflows from US Spot BTC ETFs

172

The liquor company will hold Bitcoin.

125

El Salvador sees a 22% surge in tourism.

109

CFTC Enforcement Director Resigns

The US government's 6.5 billion Bitcoin sale process is strict.

User loses $60,000 due to copying the wrong address.

Encryption cycle risk has reached its peak.

## Cryptocurrency Fraud Case Verdict

Bitcoin could hit a new all-time high in 2025.

## Coin Mixer Operator Arrested

MicroStrategy Holds Over Half of Bitcoin's Market Cap

DeXe Protocol Treasury Expansion

Hong Kong Securities and Futures Commission names iSCAT

Institutional giants are buying Bitcoin in droves.

Related Currencies

#The US Bitcoin Bill Will Have a Profound Impact#

Posts

Hot Topic Details

Hot Topic Overview

Ace Hot Topic Analysis

Public Sentiment · Discussion Word Cloud

Classic Views

Hot Topic Details

Hot Topic Overview

Overview

The enactment of the US "Bitcoin Act" will have a profound impact on the Bitcoin market. The bill proposes that the US Treasury purchase 1 million Bitcoins over five years, establishing a "strategic Bitcoin reserve." CoinShares believes this move will accelerate Bitcoin adoption, even surpassing the impact of the launch of exchange-traded funds (ETFs) in 2024. Institutional investor confidence in Bitcoin remains a major obstacle to its widespread adoption, and the US government's endorsement will bring greater credibility to Bitcoin, driving its price up. Some industry executives even predict that Bitcoin's price could eventually break through $1 million per coin.

Ace Hot Topic Analysis

Analysis

Currently, analyses of the US "Bitcoin Act" primarily focus on its profound impact on Bitcoin adoption. CoinShares believes that the passage of this act will have a more significant impact on Bitcoin than the launch of exchange-traded funds (ETFs), potentially driving Bitcoin prices above $1 million per coin. They argue that the establishment of a Bitcoin Reserve Bank in the US would accelerate Bitcoin adoption by enhancing its credibility as an asset class and overcoming institutional investor concerns. The act proposes that the US Treasury purchase 1 million Bitcoins over five years, establishing a "strategic Bitcoin reserve." While this plan has yet to become law, its potential impact has garnered widespread attention and is considered to have a significant influence on the Bitcoin market.

Related Currencies

Public Sentiment · Discussion Word Cloud

Public Sentiment

100%

Discussion Word Cloud

Classic Views

The US Bitcoin bill will accelerate Bitcoin adoption, even faster than the launch of exchange-traded funds (ETFs) in 2024.

The US Bitcoin bill will have a more profound long-term impact on Bitcoin than the launch of ETFs.

The US Bitcoin bill will enhance Bitcoin's credibility as an asset class, driving institutional adoption.

The US Bitcoin bill could push Bitcoin's price above $1 million per coin.