Bitcoin Is No Longer Retail – It’s Officially Institutional
Bitcoin has lost all semblance of a retail era, with institutional floodgates now open. In a razor-sharp live-stream, veteran trader and crypto strategist 360Trader laid out why the game has forever changed. From billion-dollar state-level adoption to federal accumulation strategies, the message is clear: BTC is being weaponized at a national level.
Arizona goes all-in: Bitcoin reserve backed by billions
One of the most eye-opening developments? The state legislature of Arizona is now passing a bill to allocate 10% of its public funds, which amounts to $3 billion worth of Bitcoin. It only needs the governor’s signature – and it becomes law. And Arizona isn’t alone.
At present, 28 other states across the U.S. are reviewing similar bills.
This marks a paradigm shift in policy as US states are not only using crypto but also ready to hold crypto in their balance sheet.
The Federal Government’s Moonshot: 1 Million BTC in Five Years
The U.S. federal government, at the national level, plans to amass as much as 1 million Bitcoin over the course of 5 years which is around 4% of total supply. This is on top of the estimated 200,000 BTC already held.
What’s jaw-dropping? The government says that this proposal will not cost taxpayers anything, suggesting that it may involve gold swaps or other non-inflationary devices. If the accumulation of Bitcoin continues, its liquidity may scale.
MasterCard Testing Stablecoin Integration at Checkout
While Bitcoin is being bought up behind the scenes, the future of everyday payments is also changing.
In the near future, users will be able to spend stablecoins from their crypto wallets anywhere Mastercard is accepted. Two years ago, 360 predicted a future where fiat is optional – you can live completely on stablecoins. This is now looking more likely.
Digital dollars like USDT, USDC and others are already purchasing U.S. treasuries and embedding deep into the U.S. financial system. Adoption of stablecoin will surge once regulations come in place. We will see a boom in stablecoins after clarity is achieved.
U.S. will soon introduce its new digital asset regulation
The first comprehensive regulatory framework for cryptocurrencies from the US will be released by August with stablecoin law arriving earlier. Stablecoin issuers will have to make full reserve backing, validation protocols and transparency.
And that’s just the start. The treatment of capital gains will also be redesigned in a new tax code. Those who earn under $200,000 will pay little to no capital gains tax under the new tax-and-spend plan, per leaks. This is a massive win for middle-class investors and long-term HODLers.
In conclusion, bid farewell to “cheap Bitcoin”
Following 360, we are witnessing a global economic reconfiguration where Bitcoin is trading place with the new reserve currency, for the state and individual alike.
According to 360, low-cost Bitcoin may no longer be available. The store is no longer responsible for it.
Bitcoin is now an asset for institutional investment according to a report. It’s time to get positioned yourself in either BTC or the next wave of stablecoins.
