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Fear & Chaos Grip Tradfi and Crypto | Bitcoin.com Weekly Update
The crypto world is in chaos, but behind the scenes, some of the biggest moves in digital finance are happening. Michael Saylor is pitching a $81 trillion Bitcoin reserve to the U.S. government, Arthur Hayes sees a BTC bottom at $70K, and Cathie Wood is calling Bitcoin "the new Bretton Woods." Meanwhile, Bybit hackers have already laundered $300M, and Congress just crushed the IRS’s anti-crypto rules in a huge win for digital assets.
Here’s what’s happening this week:
- Michael Saylor’s $81T Bitcoin Reserve: Could the U.S. dominate global finance by acquiring Bitcoin? Saylor thinks so.
- Markets Tank, But a Rebound Ahead? Risk assets collapse, but QCP Capital sees signs of a BTC recovery.
- Arthur Hayes Calls BTC Bottom at $70K: Short-term volatility, but a strong bull market ahead.
- Cathie Wood: Bitcoin = The New Bretton Woods? Her outlook on crypto, AI, and economic growth.
- Congress Crushes IRS Crypto Rules: A massive win for digital asset innovation in the U.S.
- Bybit Hackers Launder $300M: Can crypto security keep up with evolving threats?
- Ether Guild Launches to Save ETH: A new push to re-establish ETH’s value proposition.
Plus, a huge announcement from Bitcoin.com—Zano, the most advanced privacy blockchain, is now supported in the Bitcoin.com Wallet app!
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