News Block: Could Bitcoin Reserve Slash National Debt? Fed Rate Cuts, Institutional Adoption Accelerates, Major Pension Fund Buys Bitcoin

Aug 1, 2024

In this week's episode of the Coin Stories News Block powered by Bitdeer (NASDAQ: BTDR), we cover these major headlines related to Bitcoin and global finance:

• Senator Lummis Unveils Bitcoin Strategic Reserve Bill
• Powell Signals Rate Cuts are Coming
• Bitcoin’s Institutional Adoption is Accelerating
• Tether Announces Massive $5.2 Billion Profits in 2024

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The News Block is powered exclusively by Bitdeer Technologies Group (NASDAQ: BTDR), a publicly-traded leader in Bitcoin mining that stands alone as the only vertically-integrated, technology-focused Bitcoin mining company. Learn more at www.bitdeer.com. 

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References mentioned in the episode: 

• Major Highlights from President Trump’s Speech
• Senator Lummis Announces Strategic Bitcoin Reserve 
• Details of Lummis’s Bitcoin Treasury Reserve Strategy Bill 
• Fed Says Rate Cut Could Happen in September
• Lyn Alden’s Research on Interest Rate Cuts 
• State of Michigan Retirement Pension Fund Has Bitcoin Exposure
• OneMedNet Adopts Bitcoin as Treasury Reserve Asset
• Jan van Eck Owns at Least 30% of Net Worth in Bitcoin 
• Cantor Fitzgerald Announces $2 Billion Bitcoin Lending Facility

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This podcast is for educational purposes and should not be construed as official investment advice.

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