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- #Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
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The Greek government is planning to introduce a tax framework for Cryptocurrency and digital asset, but it has not yet been recognized by the Greek government. A special committee will submit the investigation results on Cryptocurrency and digital asset to the Ministry of National Economy and Finance. It is expected that by January 2025, Cryptocurrency will be included in the taxation scope. It is reported that the profits from Cryptocurrency and digital asset transactions will be taxed at a 15% rate as capital gains from securities sales. (Cointelegraph)
He stated in a social media post that Trump's support for Cryptocurrency is a Favourable Information message, but it did not really affect the price of Cryptocurrency. The driving force behind the rise in BTC price is the lower tax rates and tariffs, and if history is any guide, the fundamental reason is still inflation. Coupled with the global uncertainty of the US geopolitical role and its impact on the US dollar as a reserve currency. Regarding the question of how high BTC can rise, Mark Cuban believes that the price of BTC will be much higher than imagined. Because the BTC market is global, the ultimate limitation on supply is 21 million coins, but it can be infinitely fragmented. With the intensification of geopolitical uncertainty and the decrease in the scale of the US dollar as a reserve currency, BTC will become a global haven, which means that BTC may be something that all countries and all of us want to buy as a means of protecting our savings. This is not crazy for a country that is already facing severe inflation. If things really go further than imagined, then BTC will become a global currency.
According to CryptoSlate, former US President Trump will make a milestone statement at the upcoming BTC 2024 conference in Nashville. According to industry insiders, Trump may plan to use BTC (BTC) as a strategic reserve asset for the United States
Dennis Porter, co-founder of the Satoshi Action Fund, who is also a conference participant, posted on social media that the most likely direction for BTC to become a strategic reserve asset for the United States is to become the forex stabilization fund (ESF) of the US Treasury