BREAKING
336d 15h ago

David Bailey Advocates for Bitcoin Integration at Trump Crypto Summit to Boost U.S. Crypto Reserves

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

On March 10th, during the exclusive Trump Crypto Summit, BTC Inc. CEO David Bailey made headlines by proposing a significant integration of cryptocurrency within U.S. policies. He highlighted that numerous elites from emerging markets express a strong interest in relocating to the United States, yet face challenges in transferring large sums, exemplified by the $5 million threshold. According to Bailey, Bitcoin could serve as an effective mechanism to facilitate this transfer, offering a streamlined, secure, and discreet alternative.

Bailey further suggested that the Trump administration’s proposed “Gold Card” initiative might accept payments in Bitcoin, positioning it as a viable option for prospective investors. Should the government embrace this strategy, it would send a powerful message to global markets: the U.S. is committed to adopting cryptocurrency in its economic framework. Such a move could potentially enhance the country’s crypto reserves and bolster its stance in the rapidly evolving digital economy.

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