Odaily Planet Daily reports that according to market sources: some Republican lawmakers are urging the U.S. Treasury Department to buy Bitcoin. It is reported that Senator Cynthia Lummis has suggested to Treasury Secretary Yellen to use the U.S. gold reserves to purchase Bitcoin. She previously proposed this idea to Yellen last year and stated she would support taking action within the scope of existing administrative authority.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Citi Downgrades Certain Crypto Trading Platform to Sell, Target Price Cut from $13 to $5.5
Gate News reported that on March 18 and March 19, Citibank downgraded a certain crypto trading platform's rating from neutral to sell, lowering the target price from $13 to $5.5, stating that the platform will need several more years to achieve profitability. Additionally, Citibank announced on the same day that it lowered BTC's target price for the next 1 year to $112,000, and ETH's target price to $3,175.
GateNews33m ago
