Episode 473
📍 A US crypto task force plans to focus on creating a national Bitcoin reserve, which could spark a global rush among nations to buy the cryptocurrency.
📍 The Federal Reserve may issue debt or sell some of its gold reserves to fund Bitcoin purchases, with potential legislative approval required for the move.
📍 Despite a stagnant Bitcoin market, traders are positioning for price gains through options, with the $110,000 call option being the most preferred play this month, attracting over $6 million in net premiums.
📍 Bitcoin's price remains confined to a narrow range below $100,000 due to macroeconomic headwinds and boom-bust cycles of memecoins, tempering the impact of positive news.
