Stocks-Prognosis.com
Search on StockPrognosis.com
To search on the site stockprognosis.com enter the name of the ticker, company name, or search phrase
Sections of the site



Senator Cynthia Lummis Announces Strategic Bitcoin Reserve Act Reintroduction with Presidential Support

March 18, 2025
Today, Senator Cynthia Lummis unveiled her strategic Bitcoin Reserve Act, which has received strong presidential support. This new legislation aims to bolster the United States' reserve with more than 1 million Bitcoin.

Senator Lummis believes that Bitcoin represents a secure and decentralized digital asset with immense potential. With the backing of the President, this act could have a significant impact on the future of the US economy.

The Senator's plan is to use existing government funds to acquire and hold Bitcoin, which would diversify the country's reserve and decrease reliance on traditional fiat currencies. By integrating Bitcoin into the nation's financial system, the US government aims to position itself as a pioneer in digital assets.

The reintroduction of the Bitcoin Reserve Act follows increasing interest from other countries, such as El Salvador, which recently declared Bitcoin as legal tender. This move has sparked a global discussion about the role of cryptocurrencies in the future of finance.

While some critics argue that Bitcoin's volatility makes it an unsuitable asset for government reserves, Senator Lummis believes in the long-term stability and potential growth of the cryptocurrency. She also emphasizes the need for the US to lead in this new era of digital finance.

Investors and enthusiasts can confidently explore the potential of Bitcoin Cash USD (BCH-USD) in light of Senator Lummis' announcement. To gain further insights and professional forecasts about the movement of BCH-USD stocks, it is recommended to consult experts from Stocks Prognosis.

Disclaimer: This news article does not serve as financial advice or an endorsement of any specific investment. Any actions taken are solely the responsibility of the reader.
If you want to leave a comment, then you need Login or Register





Other data for BCH-USD

Related data

BCH-USDJuly 11, 2025BITCOIN CASH USD Forecast Success with 32.58% Profit Achieved: QuantWave's Analytics Prove Valuable  ~2 min.

The stock of BITCOIN CASH USD recently hit a significant milestone, as it successfully reached the price target forecasted by QuantWave with a profitable outcome of 32.58% for investors....

BCH-USDJuly 11, 2025QuantWave Hits the Mark with Bitcoin Cash USD Forecast, Delivering 31.7% Profit  ~2 min.

As QuantWave continues to impress with its accurate price target forecasts, the recent success story involves Bitcoin Cash USD. The forecast signal was issued on June 1, 2025, at a price of 403.7 $....

BCH-USDJuly 11, 2025BITCOIN CASH USD Hits QuantWave Forecast Target with 31.63% Profit – A Comprehensive Analysis  ~1 min.

On June 2, 2025, QuantWave's automated forecasting platform issued a long signal for BITCOIN CASH USD with a price of $403.92....

BCH-USDJuly 11, 2025BITCOIN CASH USD Forecast Success: QuantWave Achieves 34.22% Profit Target  ~1 min.

QuantWave, a leading automated forecasting platform, has successfully achieved a price target forecast for the stock BITCOIN CASH USD, resulting in a profit of 34.22%....

BCH-USDJuly 11, 2025BITCOIN CASH USD Forecast Achieved with 37.88% Profit: QuantWave Success  ~1 min.

QuantWave, the automated forecasting platform, recently celebrated the successful achievement of a price target forecast for BITCOIN CASH USD, yielding a remarkable profit of 37.88%....

BCH-USDJuly 11, 2025BITCOIN CASH USD Hits Price Target Forecast with 26.02% Profit, Confirms QuantWave's Accuracy  ~1 min.

On May 24, 2025, QuantWave, the automated forecasting platform, issued a long signal for BITCOIN CASH USD with a price target forecast of $531.66....

BCH-USDJuly 11, 2025Bitcoin Cash USD Hits QuantWave Price Target Forecast with 32.61% Profit  ~1 min.

Bitcoin Cash USD has successfully hit the price target forecast set by QuantWave, resulting in a profit of 32.61%. The forecast signal was initiated on June 3, 2025, when the price stood at $400....

BCH-USDJune 19, 2025BITCOIN CASH USD Hits Price Target Forecast with 36.14% Profit, Boosting Confidence in QuantWave Analytics  ~1 min.

On April 30th, 2025, QuantWave, an automated forecasting platform, issued a long signal for the stock BITCOIN CASH USD when it was trading at 366.23 $....

BCH-USDJune 19, 2025BITCOIN CASH USD Reaches Price Target Forecast with Profit of 37.11%  ~2 min.

QuantWave, the automated forecasting platform, recently achieved a significant milestone with its price target forecast for BITCOIN CASH USD....

BCH-USDJune 19, 2025BITCOIN CASH USD Hits Profit Target of 36.89% as Forecasted by QuantWave  ~1 min.

On April 28, 2025, QuantWave, the automated forecasting platform, issued a signal for BITCOIN CASH USD with a price target forecast predicting a long position....

LTC-USDMarch 15, 2025Trump Excludes Binance Coin and Litecoin from US Crypto Reserves, Citing Privacy Concerns  ~2 min.

A recent decision by former President Donald Trump has excluded Binance Coin (BNB) and Litecoin (LTC) from the US crypto reserves....

BCH-USDFebruary 11, 2025Bitcoin Cash BCH: A Promising Investment Opportunity  ~2 min.

Investing in Bitcoin Cash (BCH) can be a lucrative venture for both experienced and new investors....

BCH-USDJanuary 25, 2025Altcoin Enthusiast Earns 10500USD Daily with BCH Miner  ~2 min.

Bitcoin Cash USD (BCH-USD) has been gaining attention as an alternative cryptocurrency to Bitcoin (BTC)....

XMR-USDJanuary 24, 2025Monero Price Shown 14 Dip: Rebound Amid XMRs Low Risk  ~2 min.

Monero (XMR), one of the leading cryptocurrencies in privacy and security, has recently experienced a temporary dip of 14% in its price....

RTXJanuary 26, 2025News: RTX Corporation Announces Presidential Executive Orders  ~1 min.

RTX Corporation, a leading technology company, has recently announced its response to the Presidential Executive Orders....