Bitcoin reserve: Only Bitcoins get in-none are sold. (Photo: Freepik, Cobrastock)
It is official: America builds up a “strategic Bitcoin reserve”. The United States thus become a Bitcoin holder. What does this mean for the Bitcoin course, what development analysts calculate? Our overview.
Bitcoin reserve: lots of light, but also a little shade
The message strikes like a bomb-at least for investors, not necessarily at the Bitcoin course: “A few minutes ago, President Trump signed a implementation regulations for the establishment of a strategic Bitcoin reserve”, announces “crypto-tsar” David Sacks to X. But it turns differently than expected, as the government advisor for cryptocurrencies adds: The United States will initially do not buy a Bitcoin for the reserve- but will fill it with BTC, which they already own and “have been collected in the context of criminal or civilian undergone procedures”. That is currently an estimated 200,000 BTC.
Sacks unequivocally: “This means that (the Bitcoin reserve) will not cost the taxpayer.” Or, formulated differently: Contrary to the hopes of many investors, the states do not become a high-capital Bitcoin investor. At least not yet. The once planned acquisition of 1 million BTC over the next 5 years? Uncertain.
After all, according to the official announcement, Finance and Ministry of Commerce should now develop “cost-neutral ways” in order to still buy or acquire Bitcoin. In this regard in the conversation: Washington could exchange gold, government bonds or other raw materials for Bitcoin. President Donald Trump’s executive order explicitly opened this possibility, as reported forbes. In this case, the government could negotiate with private industry participants (including Bitcoin mining companies, crypto funds or institutional investors) to exchange gold or other assets for Bitcoin. The consequences would not be felt directly, but comparable to the direct purchase in the long term. The demand would increase, Bitcoin would become scarcer.
In addition, the administration could create tax incentives to encourage owners of large quantities of Bitcoin (such as US software company Microstrategy) to donate BTC to the reserve. In addition, similar to Fort Knox, the Bitcoin reserve should be a permanent value memory. In other words, only bitcoins get in – none are sold. This is so fixed in the executive order.
Bitcoin reserve forecast: increase by 102.25 percent by December
Bitcoin, explains the document, is “often referred to as” digital gold “due to its scarcity and security (…). It is therefore a “strategic advantage to belong to the first nations that create a strategic Bitcoin reserve”. Positive development also: The Executive Order explicitly differentiates between Bitcoin (BTC) and old coins. Bitcoin gets the Bitcoin reserve-selected old coins, on the other hand, are to find its way into the “United States Digital Asset Stockpile”. These include cryptocurrencies such as Ethereum (Eth), Cardano (ADA), XRP from Ripple (XRP) and Solana (Sol).
What will last for a long time will finally be good? This remains to be seen – analysts expect numerous positive effects through the reserve. “Bitwise Investments” Cio Matt Hougan, for example Commented in a forecast: The probability is now “drastically increased” that other countries also create a Bitcoin reserve. This could also happen very quickly, as there is only “a short -term time window” to advance potential additional purchases by the United States.
“Everything is possible,” says the popular pseudonymous crypto analyst “Altcoin Sherpa” His more than 244,000 followers on X. His forecast for next week: “We can increase again to $ 100,000 and fall to $ 75,000” – the markets remained volatile. To be taken into account here: Investors are available in this way – the upward trend is undamaged. “The Bitcoin chart can cope with this type of nonsense,” confirms the renowned technical analyst “Dave the Wave”- And sticks to his bullish forecast. Bitcoin sees it to around $ 180,000 by the end of the year. From currently around $ 89,000 to $ 180k – this corresponds to an increase of 102.25 percent.
Disclaimer:
The author and/or connected persons or companies have cryptocoins, including bitcoins. This article represents an expression of opinion and no investment advice.