Community Articles

via The Block · By The Block Editorial

New strategic bitcoin reserve bill drops 1 million BTC purchase target, adds 20-year lockup period

BTC

BTC/USDT

$79,989.56

+0.37%

$79,989.56

+0.37%

(24s)

24h Volume

$7,032,644,161.58

24h H/L

$80,200.00 / $79,545.96

Change: $654.04 (0.82%)

Long/Short

53.2%

Long: 53.2%Short: 46.8%

Funding Rate

+0.0021%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$79,967.99

▲ 0.17%

Volume (24h): -

Resistance Levels

Resistance 3$88,315.23

Resistance 2$82,260.41

Resistance 1$80,157.58

Price$79,967.99

Support 1$79,635.96

Support 2$77,509.46

Support 3$73,033.65

Pivot (PP):$79,824.58

Trend:Sideways

RSI (14):67.1

The Block Editorial

(07:45 PM UTC)

1 min read

Reviewed byDavid Kim

0 comments

New bipartisan legislation introduced in the House on Thursday would lock U.S. government bitcoin holdings into a strategic reserve for at least twenty years.

It is the latest congressional push to codify President Donald Trump's 2025 executive order to establish a national bitcoin stockpile.

The bill's author, Rep. Nick Begich, R-Alaska, alongside co-lead Rep. Jared Golden, D-Maine…

Add COINOTAG as a Preferred Source

Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.

Add on Google

Source

The Block Editorial · The Block

Read original →

Live BTC price →More BTC news →

Comments