Engage in a thorough discourse about Senator Lummis’s Bitcoin Act and its potential to boost the Federal Reserve’s Bitcoin capacity to over 1 million units. This development could possibly impact Bitcoin’s value and its related coins like the BTC Bull Token. The Bitcoin Act explores crucial elements like the creation of a Bitcoin Reserve and the Bitcoin Purchase Program, most notably the safeguarding of Private Property Rights. This protection would cover the rights of individuals, companies, and organizations to legally hold, transfer, and procure Bitcoin.
The U.S. government, through the Bitcoin Act, is permitted to acquire BTC via lawful means other than direct purchases. This can include donations, seizures from legal or criminal instances, and transfers from governmental agencies.
Senator Cynthia Lummis unveiled the bill on March 11, 2025, at a conference held by the Bitcoin Policy Institute, which was warmly welcomed.
Trump’s Influence on the Crypto Landscape
The Bitcoin Act introduced by Lummis is a significant addition to the pro-crypto measures championed by Donald Trump. His words have made a significant impact, but his actions have been even more influential. The U.S. president recently announced a historic crackdown on Biden’s Operation Chokepoint 2.0, which had previously prevented banking systems from servicing crypto entities.
At the Digital Asset Summit held at the White House on March 7, 2025, Trump’s words echoed through the entire crypto space:
‘Last year, I promised to make America the Bitcoin superpower of the world and the crypto capital of the planet. We are now taking historic action to keep that promise.’
His latest executive order would require the Federal Reserve to accept crypto entities into the system, effectively ending Operation Chokepoint 2.0 and what influential voices like MARA CEO Fred Thiel described as ‘discriminatory banking and financial practices.’
Elon Musk’s Forthcoming Crypto Breakthrough
Elon Musk, the recently appointed head of the Department of Government Efficiency (DOGE), is also a strong supporter of crypto. Despite initially stating that he owned almost no BTC, the Tesla CEO has lately been acquiring more Bitcoin and Dogecoin.
Recent leaks by Alex Finn have fuelled rumours that Musk is planning to launch his own official cryptocurrency, X Money, associated with the X Payments system aimed at creators and influencers. Linda Yaccarino, CEO of X, confirmed this and announced that X Money would be launched ‘later this year,’ with Visa as the first official partner.
The combination of Musk’s X Money launch, Lummis’s revamp of the Bitcoin Act, and Trump’s changes in U.S. reserve policy could potentially trigger significant shifts in the crypto market. Indications of this are already evident, as Bitcoin’s value surged by 7% over the last 24 hours.
In this context, lower-cap projects like BTC Bull Token could be among the first to profit.
Implications of the New Bitcoin Act for Projects like BTC Bull Token
BTC Bull Token ($BTCBULL) is currently one of the most exciting meme coins in the market, owing to its connection to Bitcoin’s performance. The project’s goal is to propel Bitcoin past the $250K threshold.
Currently, the token presale has raised over $3.5M at a token price of $0.002405. The project employs several mechanisms, including token burns and BTC airdrop to stakeholders, to maintain long-term price assessment. Furthermore, there will be a substantial $BTCBULL airdrop (10% of the total supply) when Bitcoin reaches the evaluation of $250K.
Staking provides numerous benefits, including an APY of 122% and the chance to participate in a project with long-term potential from its inception. As a meme project, the community’s enthusiasm and engagement are key to the $BTCBULL token’s success. The social media channels for $BTCBULL are buzzing with activity, boasting 7K followers on X, reflecting this sentiment.
To be eligible for airdrops, it’s essential to hold $BTCBULL tokens in a Best Wallet account. It’s also crucial to conduct your own research before investing in any project and have a solid risk-management strategy in place.
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