{
}
A Bitwise survey reveals that 56% of US financial advisers are more inclined to invest in crypto following Donald Trump's election victory, anticipating a more crypto-friendly environment. While 99% of current crypto investors plan to maintain or increase their exposure, access remains a significant barrier, with only 35% able to buy crypto for client accounts. Additionally, Bitcoin reserves held by US entities have reached an all-time high, surpassing those held offshore by 65%.
Strike CEO Jack Mallers is bullish on Bitcoin, predicting it could soar to $1 million, representing an 871% increase from its current price of $106,994. He attributes this potential surge to the U.S. purchasing four million Bitcoin and the prevailing fiscal challenges, suggesting that further currency debasement and asset inflation will favor Bitcoin as a scarce asset.
Jack Mallers, CEO of Strike, advocates for a US strategic Bitcoin reserve, arguing it would benefit Americans by addressing fiscal issues and supporting retail investors, corporations, and institutions. He emphasizes that this initiative is pro-business and aims to secure the value of the US dollar amid rising national debt. Senator Cynthia Lummis plans to introduce legislation for the government to acquire one million BTC within five years.
Strike Company,Limited
Companies
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
financial advisers more inclined to invest in crypto after trump victory
03:45 10.01.2025
Strike CEO predicts Bitcoin could soar to one million dollars
22:00 17.12.2024
strike ceo advocates for us strategic bitcoin reserve to boost economy
09:04 11.12.2024
Trending
Subcategory
Industry Trends
Corporate News
Global Trade Developments
Startups & Entrepreneurship
Government Economic Policies
Supply Chain Management
Retail and Consumer Goods
Industry Mergers & Acquisitions
Stock Market Updates
Venture Capital Investments
Finance Mergers & Acquisitions
Energy Sector Developments
Global Financial Events
Emerging Startups
Funding Rounds & Investments
Central Bank Actions
Fintech Startups
Cryptocurrency & Blockchain Regulations
Financial Scams and Security
Market Analysis and Predictions
Countries:
Companies:
Apple Inc.
NVIDIA Corporation
Learning Resources Inc.
MGA Entertainment Inc.
Toyota Motor Corp
State Street Global Advisors Luxembourg SICAV - SSGA EMU ESG Screened Equity Fund
European Union Bonds
Dell Technologies Inc.
Taiwan Semiconductor Manufacturing Company Limited
Google Inc.
SLB 4,6% 01JUN25
Equinor Ventures AS
Quanta Services, Inc.
Gold Circuit Electronics Ltd.
Unimicron Technology Corp.
Yatra Online, Inc.
Daiwa Institute OF Research Ltd.
Pegatron Corporation
KODEX India Tata Group
Wistron Corporation
Currencies:
United States Dollar
Chinese Yuan
Indian Rupee
Euro
United Arab Emirates Dirham
Japanese Yen
Australian Dollar
New Taiwan Dollar
British Pound Sterling
Vietnamese Đồng
New Zealand Dollar
South Korean Won
Thai Baht
Saudi Riyal
Indonesian Rupiah
South African Rand
Malaysian Ringgit
Singapore Dollar
Egyptian Pound
People: