Trump's Bold Move: Is a National Bitcoin Reserve America's Financial Game-Changer?

America's Bitcoin Reserve: Is Trump Revolutionizing the Global Financial System?

The Coin Kurier reports that under President Donald Trump's leadership, America could be on the brink of a financial revolution with plans to establish a national Bitcoin reserve. This initiative may have profound effects on global finance and signal a shift in how digital currencies are perceived worldwide. As memecoins lose their appeal among investors, DeFi tokens are gaining traction, indicating potential long-term changes in the crypto landscape.

Swiss Canton Bern Considers Integrating Bitcoin Mining

According to Cointelegraph Deutschland, the Swiss canton of Bern is evaluating incorporating Bitcoin mining into its energy strategy. Despite local government executives opposing it due to international energy consumption concerns, proponents see this as an opportunity for economic growth and renewable energy promotion. The parliamentary report will explore using surplus electricity for mining operations, considering Texas's integration model as inspiration.

Bern Approves Regulation Study for Excess Energy Use in Bitcoin Mining

A legislative proposal led by Samuel Kullmann has been approved in Bern to investigate utilizing excess power production through Bitcoin mining, reports Coin-Update. With 85 votes supporting it versus 46 against, this move aims at stabilizing regional grids and fostering partnerships with miners despite regulatory challenges posed by increased demand from other sectors like data centers and electric vehicles.

Caution Advised Amidst Rising Bitcoin Prices

An analysis featured on Coin-Update highlights recent price surges pushing Bitcoins past $90k but warns traders about heightened selling pressures potentially leading prices downwards again soon after reaching highs near $97k. Defensive strategies such as reducing leverage or setting stop-loss orders are recommended amidst volatile market conditions where liquidations worth millions occurred over short periods previously observed.

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Article Summary

Under President Trump's leadership, America may establish a national Bitcoin reserve, potentially revolutionizing global finance and altering perceptions of digital currencies. Meanwhile, the Swiss canton of Bern is exploring using surplus electricity for Bitcoin mining to promote economic growth and renewable energy despite opposition due to international energy concerns.