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Jan3 Founder Samson Mow has long been vocal about his $1 million per Bitcoin valuation and, despite all the recent price perturbations of the king crypto, is still standing by his words. Samson Mow says $1 million Bitcoin is coming, and here's when.
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As the U.S. gears up to launch a Strategic Bitcoin Reserve (SBR), spurred by President Trump’s Executive Order, North Korea has slyly vaulted into the top three global holders of bitcoin. This shift comes amid suspicions that a hacking syndicate - suspected to be orchestrated by the North Korean government - has been funneling illicit gains into BTC, turning digital heists into a shadowy national savings account.
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Strategy founder Michael Saylor presents that if America buys 5.5 million Bitcoin it could be worth $106 trillion. Senator Lummis reintroduces BITCOIN Act, proposing 1 million BTC purchase. US Congressman Nick Begich to introduce Strategic Bitcoin Reserve legislation in the House today to buy 1 million BTC. The bill already has six co-sponsors.
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Strategy founder Michael Saylor says the US government should aim to hold a quarter of Bitcoin’s entire supply (5.25 Million BTC) by 2035, when 99% of all BTC will have been issued, which would propel the BTC market cap to $200 trillion sending the bitcoin price action to $10,000,000 per coin.
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Michael Saylor walked into the White House crypto summit on Friday with a document in hand and a number no one in the room could ignore: $60-100 trillion. That’s how much wealth the U.S. could generate over the next decade if Trump fully embraces Bitcoin, purchasing the suggest 25% of the Bitcoin supply (5.25M BTC) according to the billionaire chairman of Strategy.
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More than 20 key industry leaders are heading to the first White House Crypto Summit after US President Donald Trump ordered the establishment of separate Bitcoin and crypto reserves with rumors circulating of Trump announcing 0% Bitcoin Capital Gains Tax.
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According to Crypto Rover, there is a rumor that Trump might announce a 0% capital gains tax on U.S. crypto held over one year at an upcoming crypto summit, which could significantly impact market dynamics. This is not confirmed and should be treated as speculative.
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The International Monetary Fund (IMF) is looking to restrict Bitcoin purchases by El Salvador as part of an extended $1.4 billion funding arrangement with the country. Begs the question; has El Salvador been buying bitcoin or simply moving wallets from hot wallets to the publicly doxxed cold wallet?
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Trump's billionaire crypto czar is heavily invested in a fund whose top 5 holdings are the 5 in the US government Crypto Strategic Reserve. Mere hours before Trump announced it, someone bought $200 million in Ethereum & Bitcoin on 50X LEVERAGE.
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Bitcoin may see a brief correction to the $72,000 support as an imminent market recovery remains limited by a lack of crypto investor sentiment, which has dropped to lows not seen since 2022. Meanwhile Standard Chartered Bank predicts the Bitcoin price could spark 6x to $500,000 per coin.
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Bitcoin strategic reserve legislation at the state level might prompt the US government to adopt a strategic reserve at the federal level with Texas Senate Bill 21 (SB-21), establishing a Bitcoin and crypto strategic reserve, passed the Texas Senate Banking Committee on Feb. 27 in a 9–0 vote and now advances to the Senate floor for further deliberation.
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Bitcoin has two clear targets on the horizon as unfilled CME futures gaps create near-term BTC price magnets. BitMEX co-founder Arthur Hayes says that Bitcoin could potentially fall to $70,000 if large hedge funds unwind their positions in US Bitcoin ETF's.
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