Senator Cynthia Lummis lays out draft bill for U.S. strategic bitcoin reserve: CNBC Crypto World
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, Zach Pandl, head of research at Grayscale Investments, discusses the asset manager’s new spot bitcoin ETF with a lower fee than GBTC and Sen. Cynthia Lummis explains her draft bill that would create a strategic bitcoin reserve.
Chapters:
00:00 – CNBC Crypto World, July 31, 2024
0:25 – Bitcoin stabilizes
1:26 – Grayscale’s Zach Pandl
9:41 – Sen. Cynthia Lummis
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Senator Cynthia Lummis lays out draft bill for U.S. strategic bitcoin reserve: CNBC Crypto World
35 Comments
Greyscale should stop selling their btc and eth and just lower their fees on the main ETFs
I know nothing about trading/ Investing and I'm keen on getting started . What are some strategies to get started with ?
Did the interviewer say "bitcoinS"?
!!!I recently sold some of my long-term position and currently sitting on about 250k, do you think Nvidia is a good buy right now or I have I missed out on a crucial buy period, any good stock recommendation on great performing stocks will be appreciated.
Is there one million available
I don't think so
Thanks for the continuous update! I am super excited about how my stock investment is going so far, making over 18k weekly is an amazing gain 🥰❤️
liar btc is at 62K! cnbc is liars!
Is this the move to make Bitcoin the permanent currency?
The senator seems to like "Hard Assets" a lot.
THIS IS THE SINISTER WAY FOR AMERICA TO HIDE DEBT AND REDUCE ITS BOOKS.
THE REASON THE GOLD STANDARD WENT AWAY IS BECAUSE GOLD IS NOT FINITE DESPITE ITS RARITY. THIS NEW ASSET CLASS WILL CREATE TRILLIONAIRES.
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Michelle Stewart.
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The potential of Unimantic's platform is intriguing, definitely worth considering for investment.
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All of the redundant moronic questions about volatility over and over again.
Why?
From $37K to $45K that's the minimum range of profit return every week I thinks it's not a bad one for me, now I have enough to pay bills and take care of my family.
BTC can disregard techincals when in a bull, did that in 2020 when it crossed previous ATH… stayed there a few weeks and continued pumping like crazy to 60k. Also, there is one constant… when around 90 on monthly RSI, the end is near. And don't expect crazy price targets of 500k… expect around 100k at most and be happy if there's more after that. If you believe big boys and CEOs of big investment firms are saying targets like 1M this cycle.. you deserve to be their exit liquidity. It's not about guessing the market's next move; it's about playing it smart and steady during trading…managed to grow a nest egg of around 2.3B'tc to a decent 21 B'tc in the space of a few months…I'm especially grateful to Lia Lorenzo whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape
Can't wait to dive into Unimantic and try out their MEV bots, sounds like a game-changer.
Bitcoin is a scam
An extremely volatile & vaporous scheme as "strategic reserve"? It's hard to believe this story is real.
I first heard about Bitcoin in 2014, thought it was some game money or
casino token. 2019 Became a Libertarian. 2023 bought my first sats. That
first step took 4 years at the minimum
I've been considering new investment opportunities, Unimantic might be the perfect fit.
Bitcoin or Barbarism 💪💪💪
Your explanations are clear and straightforward. It's always an honour to have you here as a mentor, I appreciate you for the time being spent to educate and update us financially. Regardless of how bad it gets the economy, I still make over $28K every single week. I truly value Lia Lorenzo and her helpful guides.
Let's go Bitcoin!!!🚀
Bitcon was created by the new world order. One world one currency all being tracked by the ledger! Those who don’t comply will be locked out of the new world order financial system. Bo vaccine passport no traveling, bitcon enslaving the world with blockchain one chain connecting to another chain tracking all bitcon. Bitcon is not backed musical chairs. Bitcon etfs are created using a Trust no liability no risk for the trust untouchable (Trust) for no government can touch a trust and a trust. Bitcon
I'm favoured financially, Thank you Jesus.$32,000 weekly profit regardless of how bad it gets on the economy.
This is revolutionary
Let me trust the government when it comes to Bitcoin… cmon now we went to Bitcoin to avoid this very thing now the US wants to eat it up as its own to control it. Not to mention what happens if Bitcoin nose dives 80% will the US have paper hands and sell during the panic?
Your video serves as a calming beacon, particularly when financial markets are in tumult. Your analysis offers a prudent course of action, fitting seamlessly with the current stage of the economic cycle. Nonetheless, one cannot overlook the expanding mainstream adoption of cryptocurrencies since 2019, as well as the fervent discourse surrounding prospective Bitcoin and Ethereum ETFs. Might these elements sustain the market in this particular cycle? Speculation abounds that we are on the verge of a significant market upswing, making this a moment of great import for any discerning investor. My own portfolio, enriched by 38 bitcoins in a mere seven-week interval, serves as a compelling testament to Bradford Jackson's financial wisdom.
GAMESTOP CANTSTOP 🚀🚀🚀
Watch the next episode of CNBC's Crypto World: https://youtu.be/5OXHsT3zP3U
There are strategies that could be put in place for solid gains regardless of economy situation,but such execution is usually carried out by an investment specialist.