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Crypto Execs Met With US Lawmakers To Discuss BTC Reserve, Market Structure
Crypto Trends

Crypto Execs Met With US Lawmakers To Discuss BTC Reserve, Market Structure

by admin September 17, 2025



Members of the US Congress met with key figures in the cryptocurrency industry to discuss issues and potential laws related to the establishment of a strategic Bitcoin reserve and a market structure.

On Tuesday, a group of lawmakers that included Alaska Representative Nick Begich and Ohio Senator Bernie Moreno met with Strategy co-founder Michael Saylor and others in a roundtable event regarding the BITCOIN Act, a bill to establish a strategic Bitcoin (BTC) reserve. The discussion was hosted by the advocacy organization Digital Chamber and its affiliates, the Digital Power Network and Bitcoin Treasury Council.

“Legislators and the executives at yesterday’s roundtable agree, there is a need [for] a Strategic Bitcoin Reserve law to ensure its longevity for America’s financial future,” Hailey Miller, director of government affairs and public policy at Digital Power Network, told Cointelegraph. “Most attendees are looking for next steps, which may mean including the SBR within the broader policy frameworks already advancing.“

Source: Digital Power Network

Separately, several Republican lawmakers, including House Speaker Mike Johnson, House Financial Services Committee Chair French Hill and Majority Whip Tom Emmer, met on Tuesday with executives from crypto companies, including Coinbase CEO Brian Armstrong, to discuss issues related to the industry. The talks included the advancement of legislation for market structure, which the House of Representatives passed in July.

On Wednesday, another roundtable discussion with Republican leaders on the Senate Banking Committee, reportedly including Wyoming Senator Cynthia Lummis, was held to consider the advancement of a market structure bill.

Republican senators said their version, tentatively called the Responsible Financial Innovation Act, was built on the CLARITY Act, which was passed by the House in July and expected to hold a committee vote by the end of September.

Related: US SEC crypto task force to tackle financial surveillance and privacy

The three roundtable discussions signaled that Republican lawmakers were continuing to focus on legislation related to the crypto and blockchain industry after ending a month-long recess in September. 

Crypto bills under consideration, awaiting votes

The BITCOIN Act is expected to codify an executive order signed by US President Donald Trump in March, opening a legal avenue for the government to hold up to 1 million BTC in a national reserve.

The market structure bill, though still under discussion in the Senate, is expected to clarify the role US financial agencies would have in overseeing and enforcing regulations related to crypto.

Magazine: Bitcoin mining industry ‘going to be dead in 2 years’: Bit Digital CEO



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September 17, 2025 0 comments
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Crypto Execs To Gather In Washington To Support Bitcoin Reserve Act
GameFi Guides

Crypto Execs to Gather in Washington to Support Bitcoin Reserve Act

by admin September 16, 2025



Top crypto executives and policymakers are set to gather in Washington on Tuesday for a roundtable hosted by Senator Cynthia Lummis and Representative Nick Begich on shaping a national Bitcoin strategy. 

The discussion will see MicroStrategy Co-Founder Michael Saylor, Marathon Digital CEO Fred Thiel, Charles Hoskinson, and other industry voices join lawmakers to weigh in on Bitcoin’s role in the U.S. economy. It will focus on boosting U.S. innovation, technology, and competitiveness, with the BITCOIN Act (Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide) at its core. 

Reintroduced by Senator Cynthia Lummis in March, the bill proposes establishing a national Bitcoin reserve by acquiring one million bitcoins over five years through budget-neutral measures.

If the bill becomes law, Bitcoin would join the U.S. gold reserves as a national strategic asset. The plan builds on a Trump-era order that sought to treat Bitcoin as a permanent national asset. 

Currently, the bill is under review in the House Financial Services Committee and the Senate Banking Committee, though hearings haven’t been scheduled. Lawmakers are pushing this as part of a broader effort to bring clearer rules to the crypto space.

This summer, the U.S. legislature passed the first law specifically for stablecoins and is now working on broader regulations for the entire crypto industry. Hailey Miller, Director of Government Relations at the Digital Power Network (DPN), has highlighted the importance of prioritizing the strategic bitcoin reserve.

Advancing the BITCOIN Act amid state momentum

The roundtable will discuss how to move the BITCOIN Act forward and find ways to get support from both Republicans and Democrats, since only Republicans currently back the bill. Republican lawmakers and crypto leaders, including Bitdeer’s Haris Basit, Riot’s Brian Morgenstern, and Cleanspark’s Matt Schultz, will also attend the event. 

DPN will share a one-page brief at the event, presenting the BITCOIN Act as a chance for both parties to boost U.S. innovation and economic growth. The move comes after the U.S. passed a stablecoin law earlier this summer.

This initiative highlights the growing interest in regulating cryptocurrencies. Further, the discussion will focus on uniting key players to advance the bill and explore its impact on the nation’s financial strategy. 

On May 8, 2025, Arizona became the second U.S. State to pass the Bitcoin Reserve Bill. Further, on August 15, 2025, the U.S. Treasury Secretary Bessent stated that America might expand its Bitcoin reserve, and on May 22, 2025, the Texas House approved the Strategic Bitcoin Reserve Bill. 

Also Read: Philippine House Bill 421 Proposes a Strategic Bitcoin Reserve



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September 16, 2025 0 comments
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Sentiment signals could spark the next rally
Crypto Trends

Will the Federal Reserve interest rate cut boost Bitcoin?

by admin September 15, 2025



Bitcoin rallied and moved above $115,000 last week as expectations of Federal Reserve interest rate cuts rose and as exchange-traded inflows jumped by over $2.3 billion. 

At last check on Sunday, Sept. 14, the top cryptocurrency was down 0.5% for the day. See below.

Source: CoinGecko

Summary

  • Bitcoin price has rallied ahead of the Federal Reserve interest rate decision.
  • Economists expect the bank to cut interest rates by 0.25%.
  • While BTC price may jump, the rising wedge pattern points to a dive.

Federal Reserve to cut interest rates

The most significant macro tailwind this week will be the Federal Open Market Committee (FOMC) interest rate decision on Wednesday. 

Kalshi and Polymarket odds of a 25 basis point cut stand at almost 100%. Similarly, the CME FedWatch Tool confirms this view.

In theory, the start of the Federal Reserve interest rate cuts should be bullish for Bitcoin (BTC) and the crypto market. Historically, these assets have thrived in the era of easy money policies but struggle when the Fed tightens. 

For example, Bitcoin price jumped to a record high during the pandemic as the Fed slashed rates and then crashed to below $16,000 as the bank hiked in 2022. 

Fueling the bullish case is that the rate cut is coming towards the fourth quarter, which is usually its best-performing ones. CoinGlass data shows that the average Bitcoin return in Q4 since 2013 is over 84%.

However, there is a risk that the Fed cut will not boost Bitcoin for two main reasons. First, the rate cut has already been priced in, which would make it a sell-the-news opportunity. This risk will be elevated if the Fed delivers a hawkish cut.

Bitcoin price has formed a risky pattern

BTC price chart | Source: crypto.news

The other main risk is that the Bitcoin price has formed a nearly-perfect rising wedge pattern on the weekly chart. This pattern consists of two ascending and converging trendlines. With this convergence happening, there is a risk that a breakdown will happen soon. 

The other technical risk is that oscillators like the Relative Strength Index and the MACD have formed a bearish divergence pattern. This pattern occurs when the asset price has a downward trajectory despite being rising. 

As such, while the Fed cut is highly bullish for Bitcoin and the crypto market, there is also a risk of a potential pullback when it happens.



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September 15, 2025 0 comments
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Alex Thorn says US Strategic Bitcoin Reserve comes in 2025 Bitcoin Hyper gains
Crypto Trends

Galaxy Digital Head Believes US’s Strategic Bitcoin Reserve Comes in 2025, Fueling Bitcoin Hyper

by admin September 13, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The US’s Strategic Bitcoin Reserve may be coming this year, says Galaxy head of firmwide research, Alex Thorn.

His statement comes in spite of the public sentiment and the fact that, while Trump signed the executive order establishing the Strategic Bitcoin Reserve in March, the administration didn’t confirm a formalized implementation plan yet.

Despite that, Thorn believes that the ‘market seems to be completely underpricing the likelihood of such an announcement’, alluding to the high probability that the Reserve may enter its implementation phase by the end of the year.

Not all agree, though. CoinRoute’s former chair, Dave Weisburger believes it’s more likely to happen in 2026 because ‘this administration is too smart to announce ANYTHING until AFTER they accumulate to their initial target.’

Whether it will happen or not, Thorn’s assessment comes just as Bitcoin pushed above $116K, which could set it up for a sustained rally into October. If that happens, Bitcoin’s Layer 2, Bitcoin Hyper ($HYPER), could see a massive investor surge.

Why Bitcoin is Becoming the Foundation of the Next Global Economy

Bitcoin is on track of becoming the foundation of the new global economy and it all begins in the US, with Trump’s Bitcoin Treasury on track to begin its implementation phase.

However, that’s not the main drive, but rather a consequence of the increased investor trust in Bitcoin as a valuable asset to use against the depreciating fiat.

It all comes from Bitcoin’s decentralized nature, which causes its value to depend on people’s trust in its performance.

This system lies at the heart of the growing institutional adoption, with names like Strategy building their entire brand around Bitcoin.

Strategy currently holds 638,460 $BTC valued at over $71B, making it one of the largest Bitcoin entities in the world. But it’s not the only one. According to Bitcoin Treasuries data, there are 325 entities holding over 3.71M $BTC, including governments like the US, Canada, and the UK.

Furthermore, adoption rates keep increasing at a global level, with APAC leading in the charts, followed by Latin America and Sub-Saharan Africa.

This paints Bitcoin as a foundational asset that could transform the modern global economy, especially as Bitcoin Hyper ($HYPER) brings a much-needed performance boost into the ecosystem.

Bitcoin Hyper ($HYPER) Enables Faster and Cheaper Bitcoin Transactions

Bitcoin Hyper ($HYPER) is the Layer 2 upgrade that promises to give us faster and cheaper Bitcoin transactions by eliminating Bitcoin’s most pressing problem: its capped performance.

The Bitcoin network is currently running at a maximum of 7 transactions per second (TPS), which is far below required industry standards. By comparison, Solana packs nearly 1,000 TPS with a 65,000 theoretical value, smoking Bitcoin in terms of performance.

Hyper aims to change that with the help of tools like the Canonical Bridge and the Solana Virtual Machine (SVM), the latter which enables the ultra-fast execution of smart contracts and DeFi apps.

The Canonical Bridge instead handles incoming transactions, confirming them nearly instantly with the Bitcoin Relay Program.

Once the transactions go through, the Bridge then mints the tokens into the Hyper layer, making them available to users almost immediately. Investors can then use the wrapped Bitcoin within the Hyper ecosystem or withdraw them to Bitcoin’s native layer whenever necessary.

Together with SVM, the Canonical Bridge turns the Hyper ecosystem into a fast-performing layer that promises to bring Bitcoin’s performance to Solana-grade numbers.

Once implemented correctly, Hyper would also make Bitcoin more feasible for institutional investors thanks to the near-instant finality, low network fees, and the elimination of the fee-based priority, which keeps Bitcoin lagging behind other networks.

The presale is now at over $15.5M, with $HYPER valued at $0.012905. We expect the token to make it big post-launch thanks to Hyper’s utility within Bitcoin’s ecosystem and the community hype behind it.

Our price prediction for $HYPER places the token at $0.32 by the end of the year. By 2030, we could have a $1.50 $HYPER for an ROI of 11,523% based on today’s price.

If you want to ride the Hyper train, read our guide on how to buy $HYPER and get your tokens on the official presale page.

Just remember that this isn’t investment advice. Do your own research (DYOR) and manage risks wisely.

Authored by Bogdan Patru, Bitcoinist – https://bitcoinist.com/us-strategic-bitcoin-reserve-comes-in-2025-bitcoin-hyper-gains

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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September 13, 2025 0 comments
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Nintendo Direct Switch 2 Preorders At Amazon - All New Games & Amiibo You Can Reserve Now
Game Updates

Nintendo Direct Switch 2 Preorders At Amazon – All New Games & Amiibo You Can Reserve Now

by admin September 13, 2025



This week’s hour-long Nintendo Direct was filled with exciting announcements, including brand-new reveals like Super Mario Galaxy + Super Mario Galaxy 2 and long-awaited release date confirmations such as Metroid Prime 4: Beyond. We now know that Nintendo has six big game launches in a two-month span starting with the Mario Galaxy collection on October 2 and ending with Metroid Prime 4 December 4. In between, we’re getting Pokemon Legends: Z-A, Hyrule Warriors: Age of Imprisonment, and Kirby Air Riders–plus a wide assortment of third-party titles like timed-exclusive Hades II, which is published by Nintendo.

Nintendo Direct Preorders:

Nintendo also revealed seven new Amiibo figures: three for Metroid Prime 4, two for Kirby Air Riders, and two for Super Mario Galaxy. Metroid and Mario also have upcoming books releasing this fall: Metroid Prime 1-3: A Visual Retrospective and Rosalina’s Storybook.

We’ve rounded up all of the upcoming Nintendo Switch 2 (and original Switch) games and accessories from the Nintendo Direct that you can preorder now at Amazon. This roundup also includes Nintendo-published games and first-party accessories for Switch 2 that are already available. If you don’t own Nintendo’s new console, Amazon opened preorders for the Switch 2 Pokemon Legends: Z-A Bundle on September 12. It’s the first time you can simply buy the console from Amazon without an extra step. To purchase the Mario Kart World Bundle and standalone console from Amazon, you need to request an invite.

Upcoming Nintendo Switch 2 and Switch exclusives

Mario Kart World’s $80 price led many Nintendo fans to believe this would be a common price point for Switch 2 exclusives. It turns out that’s not the case–at least not yet. Metroid Prime 4, Hyrule Warriors, Kirby Air Riders, and all of the other Switch 2 games in Nintendo’s popular franchises are $70. Original Switch editions of Pokemon Legends: Z-A and Metroid Prime 4: Beyond are $60. The outlier here is Super Mario Galaxy + Super Mario Galaxy 2. The lone physical edition is an original Switch game that’s priced at $70. The collection has a free upgrade pack for Switch 2.

Note: A couple of the games in the list below aren’t exclusive to Switch 1/2–Dragon Quest VII Reimagined and Final Fantasy 7 Remake Intergrade–but they were part of the September Nintendo Direct. Hades II is a timed console exclusive published by Nintendo, but it will also be available on PC at launch.

Nintendo Direct (September 2025) – Switch 1/2 Game Preorders

Nintendo Switch 2 Exclusives Available Now

Nintendo Switch 2 Amiibo preorders

Metroid Prime 4’s trio of Amiibo figures have two release dates and price points. The large Samus & Vi-O-La motorcycle figure is $40 and launches alongside the new $30 Samus Aran Amiibo on November 6. An Amiibo version of Sylux hits store shelves the same day as Metroid Prime 4: Beyond. The two Kirby Air Riders Amiibo are $50 each, which makes them the priciest Amiibo figures yet. It’s not very surprising, though, as the Warp Star and and Winged Star Machines shown above are separate figures, so these are more like double packs. Super Mario Galaxy fans will have to wait until April 2026 to add the new Mario and Rosalina Amiibo figures to their collections. Each figure is $40, though the character stands are more elaborate than we typically see with Amiibo.

Metroid Prime 4: Beyond Amiibo Preorders

Kirby Air Riders Amiibo Preorders

Super Mario Galaxy Amiibo Preorders

The seven new Amiibo join an existing lineup of eight Zelda, Street Fighter, and Donkey Kong Switch 2 Amiibo figures. Amazon and other major retailers are offering discounts on most of the Amiibo figures that launched alongside the Switch 2.

The Legend of Zelda Switch 2 Amiibo Deals

Street Fighter 6 Switch 2 Amiibo Deals

Nintendo Switch 2 first-party accessories

Nintendo raised the prices of select first-party accessories at the beginning of August. Not all of the official Switch 2 accessories were impacted, but the Pro Controller and Joy-Con 2 each increased by five bucks. The list below also includes a couple of the most popular officially licensed third-party accessories like Samsung’s 256GB microSD Express Card and Hori’s Piranha Plant Camera, which looks cool but isn’t a good piece of tech.



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September 13, 2025 0 comments
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'Strong Chance' Of US Forming Strategic Bitcoin Reserve In 2025
Crypto Trends

‘Strong Chance’ Of US Forming Strategic Bitcoin Reserve In 2025

by admin September 13, 2025



There is a high likelihood that the United States government will form the highly anticipated Strategic Bitcoin Reserve by the end of this year, says Galaxy Digital’s head of firmwide research, Alex Thorn.

However, other industry executives are less confident.

“I still think there’s a strong chance the US government will announce this year that it has formed the strategic Bitcoin reserve (SBR) and is formally holding BTC as a strategic asset,” Thorn said in an X post on Thursday.

“Market seems to be completely underpricing the likelihood of such an announcement,” Thorn added.

Several developments hint that the plan is moving forward

While US President Trump signed the executive order officially establishing the Strategic Bitcoin (BTC) Reserve and US Digital Asset Stockpile in March, a formalized strategic plan has not been confirmed yet. 

Source: Alex Thorn

However, several recent developments suggest that the plan is still progressing. On Tuesday, US lawmakers introduced a bill directing the US Treasury to examine and produce a report on the feasibility and technical considerations of the Strategic Bitcoin Reserve.

Meanwhile, on July 31, Cointelegraph reported that Trump’s crypto liaison confirmed that the administration is still keen on a strategic Bitcoin reserve, despite only briefly mentioning it in its recently published crypto policy report.

Not all crypto market participants agree it will happen so soon, however. CoinRoutes’ former chairman, Dave Weisburger, said it is more likely to happen in 2026.

Some Bitcoiners fear that the US stalling could push them behind

Weisburger added that he has “made the point many times that this administration is too smart to announce ANYTHING until AFTER they accumulate to their initial target.”

Some prominent Bitcoin advocates worry that the US could fall behind if they delay accumulating Bitcoin any further.

Related: Bitcoin reserve, stablecoin regulations big 2025 market catalysts, says VC

Jan3 founder Samson Mow told Magazine in June that the US “has to start” acquiring Bitcoin this year, or risk other countries beating them to it. “The risk is that the US is front-run by Pakistan,” he said.

On Wednesday, Kyrgyzstan, a key emerging player in Central Asia’s crypto market, advanced a bill to establish a state cryptocurrency reserve.

Meanwhile, on Aug. 6, Indonesian Bitcoin advocate group, Bitcoin Indonesia, said they recently met with Indonesian officials to discuss how the strategy could drive economic growth in the country.

Magazine: Meet the Ethereum and Polkadot co-founder who wasn’t in Time Magazine



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September 13, 2025 0 comments
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Binance’s CZ Reveals Best Way to Improve Economy, Hinting At Crypto Reserve
GameFi Guides

Binance’s CZ Reveals Best Way to Improve Economy, Hinting At Crypto Reserve

by admin September 11, 2025


Changpeng Zhao, the founder and former chief executive officer of the world’s largest exchange, Binance, has taken to his official X account to comment on the news of the Indian rupee crashing against the US dollar.

CZ shared his hot take on what is happening with the global economies at the moment, hinting that crypto may serve as a good tool and help countries prosper.

You Might Also Like

“The best way to improve economy” from CZ

CZ commented on the recent drop of the Indian rupee as it has reached a new low against the US dollar. In his tweet, Zhao spoke about protectionism and how it can damage the economy.

The USD increased by almost 0.5% against the rupee today, which aligns with the 25% trade tariff on the import of Indian goods implemented by the US government recently. CZ hinted that this protectionism is always harmful for the economy, since people suffer: “Protectionism is always at the expense of the people, ie, the economy.”

The best way to improve the economy, according to CZ, is “to adopt innovation.”

Known as an advocate of blockchain and crypto, CZ could be hinting that India should start creating a national crypto reserve. After he visited Kazakhstan earlier this year, the country recently announced its plans to start building a Bitcoin reserve. CZ was invited as a member of the national crypto council in both Kazakhstan and Pakistan this year.



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September 11, 2025 0 comments
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Bitcoin news
NFT Gaming

New Bitcoin Reserve Bill Pressures Treasury On Custody Rules

by admin September 9, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The US House Appropriations Committee has advanced H.R. 5166 — the Financial Services and General Government (FSGG) spending bill for FY2026 — with language that would formally direct the Treasury Department to spell out how the federal government will custody Bitcoin and other digital assets it acquires, explicitly including holdings earmarked for the newly created Strategic Bitcoin Reserve. The bill was reported on September 5, 2025, as House Report 119-236 and placed on the Union Calendar.

Congress Demands Public Information On Bitcoin Reserve

At the statutory level, Section 138 of the reported bill requires the Treasury, within 90 days of enactment, to deliver a public plan for the “secure and efficient custody” of federal digital assets, “including assets held under the Strategic Bitcoin Reserve and the US Digital Asset Stockpile.” The plan must delineate custody architecture, legal authorities, cybersecurity controls, and interagency workflows for transfers and safekeeping.

Section 137 adds a second mandate: a report on the practicability of establishing the reserve and the related stockpile, addressing potential barriers, the expected impact on the Treasury Forfeiture Fund, how Bitcoin and other digital assets would be presented on the federal balance sheet, and any third-party contractors used for custody. Read together, the two sections would force the Treasury to clarify both whether and how the federal government will maintain long-term Bitcoin holdings — and what that means for government accounting and forfeiture-fund mechanics.

The committee report accompanying the bill underlines Congress’s intent to track the flow of seized assets into the program. It directs the Treasury to provide monthly tables of the Forfeiture Fund’s activity, including any “diversions from the Forfeiture Fund to the Bitcoin Strategic Reserve and/or the digital asset stockpile.” That same report section labels the custody directive “Custody of Digital Assets,” emphasizing strong safeguards to prevent loss, unauthorized access, or liquidation.

The push comes six months after the White House issued Executive Order 14233, which created both the Strategic Bitcoin Reserve and the US Digital Asset Stockpile by consolidating government-owned crypto seized in criminal and civil cases. The order states that government BTC placed into the reserve “shall not be sold,” positioning Bitcoin as a strategic asset held for national objectives subject to law. It also instructs Treasury and Commerce to develop ways to acquire additional government BTC on a budget-neutral basis.

H.R. 5166 would also bring the national-security community into the loop. Section 139 directs the Treasury Secretary and the Director of the National Security Agency to provide a classified report on inter-agency coordination within 90 days of enactment — a signal that lawmakers see digital-asset custody (and key management) as an operational risk surface as well as a balance-sheet question.

The legislative pressure is occurring alongside separate efforts to codify the reserve. In March, Rep. Byron Donalds introduced H.R. 2112 to give the executive order “the force and effect of law,” while other measures, such as H.R. 2032, have proposed building out a decentralized, cold-storage reserve network for government BTC. None of those standalone bills has been enacted, but the appropriations route, if passed, would time-box the Treasury to deliver concrete answers shortly after the spending bill becomes law.

What Changes If H.R. 5166 Becomes Law?

First, the Treasury would owe the public a detailed custody blueprint, not just internal memoranda or ad-hoc practices developed for asset seizures. Second, Congress would receive an analytical roadmap for how a Strategic Bitcoin Reserve and stockpile would interact with forfeiture processes and the federal balance sheet — key inputs for any future decision to scale the program beyond seized assets.

Third, the classified NSA-Treasury report would institutionalize security coordination around wallet infrastructure and interagency transfers. Together, those steps would shift the federal government’s handling of Bitcoin from case-by-case liquidation towards a defined reserve posture aligned with the March 6 policy that reserve BTC is not to be sold.

However, the measure does not itself appropriate BTC, purchase Bitcoin on the open market, or authorize immediate diversions into the reserve; it sets reporting and planning obligations contingent on enactment of the underlying appropriations bill. The House-reported text must still clear the full House, the Senate, and reconciliation before reaching the President’s desk. Until then, the timelines — “within 90 days of enactment” — are prospective.

At press time, BTC traded at $112,700.

BTC faces the EMA50, 1-day chart | Source: BTCUSDT on TradingView.com

Featured image created with DALL.E, chart from TradingView.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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September 9, 2025 0 comments
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OpenSea Debuts NFT Reserve with CryptoPunk Purchase
NFT Gaming

OpenSea Debuts NFT Reserve with CryptoPunk Purchase

by admin September 8, 2025



NFT marketplace turned trading platform OpenSea on Monday said it launched a $1 million reserve dedicated to buying “culturally relevant” non-fungible tokens (NFTs).

OpenSea kicked off its NFT reserve by buying a piece of digital art from the CryptoPunk collection — widely considered Ethereum’s first NFT profile picture (PFP) collection.

“To us, culturally relevant NFTs are works that have made an impact: creatively, socially, or technologically,” OpenSea Chief Marketing Officer Adam Hollander told Cointelegraph. “They might represent a defining moment in NFT history, introduce a new artistic style, or come from voices that haven’t been fully recognized yet.”

OpenSea bought CryptoPunk #5273, and plans additional acquisitions. Hollander said buying decisions will be guided by a cross-functional team of employees and external advisers from the digital art world.

Onchain data shows that CryptoPunk #5273 was purchased on Aug. 25 for 65 Ether (ETH), valued at around $283,000, before being transferred to another wallet address on Monday.

CryptoPunk #5273 with attributes. Source: CryptoPunks

Created in June 2017 by Larva Labs, the CryptoPunks collection has a market cap of $2.1 billion, according to NFTPriceFloor.

While strategic reserves featuring fungible tokens like Bitcoin (BTC), Ether (ETH), and Solana (SOL) have become more popular in 2025, NFT reserves have been rare if nonexistent. They also carry additional risks to investors: NFTs are less liquid than fungible tokens and could be harder to sell during a market downturn.

Upcoming purchases will “happen over the coming months”, Hollander said. “It’s not a limited campaign, it’s a living collection that will continue to grow as the space evolves.”

Related: What is an NFT, and how does it work?

NFT momentum slows first week of September

The NFT sector showed signs of a comeback in recent weeks, according to data from CryptoSlam, with sales between July and August ranging from $115.4 million to $170.5 million. That momentum cooled in September, with weekly sales slipping to $92 million.

NFT sales, unique buyers and unique sellers data. Source: CryptoSlam

Various crypto exchanges, including Bybit and Kraken, and more mainstream companies like GameStop, have shuttered their NFT marketplaces amid falling trading volume.

In May, OpenSea announced it was rolling out a token trading platform in an effort to diversify its businesses. In April, NFT marketplace Magic Eden acquired crypto trading app Slingshot to undergo a similar pivot.

Magazine: NFT Creator: Moonbirds floor price surges: Can Spencer pull a Luca Netz?



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September 8, 2025 0 comments
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Solana
Crypto Trends

Strategic Solana Reserve Piling Up – Here’s How Much SOL Have Been Accumulated

by admin September 8, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

In the ongoing bull market cycle, Solana’s price has showcased a remarkable performance, reaching a new all-time high earlier this year. However, one of the most recent developments around the leading altcoin that is gaining significant interest and attention in the current market cycle is a strategic SOL reserve.

Institutional Demand For Solana Continues To Grow

As cryptocurrency assets gain notable traction in the dynamic financial sector, the strategic Solana reserve is piling up at a rapid rate. In a post on the X platform, Crypto Patel, a market expert, has outlined the growth of the SOL strategic reserves among institutional entities, as they continuously add the asset to their treasury.

With steady acquisitions fueling its treasury, the reserve has become a cornerstone of confidence. Specifically, the rapid growth in the initiative signals growing institutional conviction in SOL’s long-term potential as a leading asset and blockchain ecosystem. 

Since the first move to owning a strategic SOL reserves, the initiative has reached a whopping 8.9 million SOL, which is valued at over $1.5 billion at current market prices. This pattern of stockpiling highlights the growing need for SOL as a strategic asset and fortifies the groundwork for future growth.

Overall SOL treasury holdings | Source: Chart from Crypto Patel on X

After institutions have acquired more than 8.9 million SOL, these entities now control about 1.55% of Solana’s total supply in circulation. Data shared by the expert shows that 13 major institutional entities currently hold this massive supply of SOL. 

Crypto Patel has underlined three key reasons why this robust interest from large businesses is a pivotal development for Solana. Addressing the significance of the sharp growth in the initiative, Crypto Patel highlighted that it often indicates a robust trust on the institutional level. 

Even though only 13 entities own a SOL treasury, concentration among a small number of organizations can still affect governance and liquidity. Lastly, he also noted that this kind of large-scale accumulation frequently precedes long-term ecosystem expansion. 

As SOL slowly gains upward momentum, the large-scale accumulation may imply that the big players are prepping up for the next SOL bull cycle.  In the meantime, this remarkable growth in strategic Solana reserve positions the altcoin as one of the most closely watched treasuries in the digital sector.

SOL’s Strong Transaction Activity

Solana’s on-chain activity has been steadily rising, particularly its transaction count. According to data shared by Rand, SOL recorded a staggering 2.9 billion in total transaction count in August alone, which reaffirms its status as one of the most scalable and efficient blockchains in the industry.

This massive wave of transactions represents a 46% growth in year-over-year transactions, highlighting the network’s technical strength and rising adoption. It also reflects a more than 4x growth over the combined transaction count of all the other networks. Such a development reinforces SOL’s dominance in the broader blockchain landscape.

SOL trading at $208 on the 1D chart | Source: SOLUSDT on Tradingview.com

Featured image from Adobe Stock, chart from Tradingview.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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September 8, 2025 0 comments
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    October 10, 2025
  • Blue Protocol: Star Resonance is finally out in the west and off to a strong start on Steam, but was the MMORPG worth the wait?

    October 10, 2025
  • How to Unblock OpenAI’s Sora 2 If You’re Outside the US and Canada

    October 10, 2025
  • Final Fantasy 7 Remake and Rebirth finally available as physical double pack on PS5

    October 10, 2025
  • The 10 Most Valuable Cards

    October 10, 2025

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Welcome to Laughinghyena.io, your ultimate destination for the latest in blockchain gaming and gaming products. We’re passionate about the future of gaming, where decentralized technology empowers players to own, trade, and thrive in virtual worlds.

Recent Posts

  • This 5-Star Dell Laptop Bundle (64GB RAM, 2TB SSD) Sees 72% Cut, From Above MacBook Pricing to Practically a Steal

    October 10, 2025
  • Blue Protocol: Star Resonance is finally out in the west and off to a strong start on Steam, but was the MMORPG worth the wait?

    October 10, 2025

Newsletter

Subscribe my Newsletter for new blog posts, tips & new photos. Let's stay updated!

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