🌟 Weekly Highlights Issue #55 🌟 1. Trump vows to make America the Bitcoin Superpower Nation at Bitcoin 2024 conference. 2. Senator Cynthia Lummis proposes strategic bitcoin reserve to fortify U.S. dollar and combat inflation. 3. Michigan State pension fund invests $6.6 million in ARK 21Shares Bitcoin ETF. 4. New fund offers bitcoin holders path to EU citizenship through Portugal's Golden Visa program. 5. SEC approves Grayscale's Bitcoin Mini Trust for NYSE Arca listing. 6. Ferrari expands cryptocurrency payment system to Europe following US success. 📎 Read more in our latest HCM newsletter:

Highlights of the Week- Issue #55

Last week at the Bitcoin 2024 conference, Donald Trump pledged to make the U.S. the crypto capital if elected, stating never sell your bitcoin, Ed...

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Robert Kennedy Jr. stated, “I will sign another executive order directing the US Treasury to purchase 550 Bitcoin daily until the US has built a reserve of at least 4 million Bitcoins.” Our Take: This ambitious plan could revolutionize the U.S. financial strategy by integrating Bitcoin into its national reserves. Such a move would not only boost Bitcoin’s value but also promote its mainstream adoption. However, it’s crucial to consider the potential challenges and impacts of this large-scale government participation in the Bitcoin market. #Bitcoin #FinancialInnovation #HCMCapital #Bitcoin2024

Bitcoin adoption is on a remarkable growth trajectory, reminiscent of the early days of the internet. It is steadily becoming mainstream. Global adoption is on the rise, with companies like MicroStrategy, Metaplanet in Japan, and Meitu in Hong Kong holding significant amounts of Bitcoin. Nationally, El Salvador has made Bitcoin legal tender, and Argentina is exploring its strategy. #Bitcoin #FutureOfFinance #DigitalCurrency #Decentralization #BitcoinCommunity