2025-01-23 10:30:36 by NewsBTC

The market finds itself at a pivotal crossroads as US President Donald Trump has not issued a crypto or strategic Bitcoin reserve (SBR) related executive order yet. Renowned crypto analyst MacroScope (@MacroScope17) has reignited the debate via X, questioning whether such a reserve is already “priced in” by current market valuations. Is Trump’s Bitcoin Reserve Priced In? The concept of an asset being “priced in” refers to the idea that all known information about a potential event is already reflected in its current price. MacroScope draws parallels between the current speculation surrounding an SBR and the period leading up to the introduction of Bitcoin exchange-traded funds (ETFs). “In some ways, the discussion about a US strategic Bitcoin reserve mirrors the ETF debate we saw earlier,” MacroScope shared on X. He emphasized that just as ETFs broadened access and increased participation by institutional investors, a government-backed reserve could exponentially expand the pool of capital entering the market. MacroScope’s analysis is rooted in his observations before the advent of Bitcoin ETFs. During that time, he asserted that ETFs would catalyze a new wave of investment by making Bitcoin more accessible to a broader range of investors. “I posted the below at BTC 44k, a few days before the ETFs started trading,” he recalled. The introduction of ETFs indeed facilitated easier access to Bitcoin, attracting significant institutional and retail interest. MacroScope believes that a similar, albeit more impactful, scenario could unfold with an SBR. Unlike ETFs, which primarily enhance liquidity and accessibility, an SBR would signal a strong governmental endorsement of Bitcoin. According to the analyst, a Bitcoin reserve would expand the “pool of participants, certainly in terms of available capital.” This would have major global implications. [It] would be due to the arms race mentality that would develop. […] The ETFs impacted Bitcoin’s price via easier access. A US strategic reserve will impact price via global psychology and urgency,” he added. MacroScope referenced a post from the previous year to bolster his argument: “It’s impossible for something to be ‘priced in’ if a huge amount of capital literally doesn’t have access yet. Yes, currently eligible speculators and their available capital can buy ahead of an event. But that’s as far as any ‘pricing in’ goes if the pool of participants is about to greatly expand.” Nick Moran, Founder & CEO of Space Race Energy, responded enthusiastically to MacroScope’s assertions. “Macroscope, you’re dead on with this one,” Moran affirmed. She elaborated on the likelihood of a “mass scale SBR” under a potential “Trump 2.0” administration, suggesting that such a move would set a precedent for other nations to follow. Political support, though still in nascent stages, appears promising. Senator Cynthia Lummis, a prominent pro-Bitcoin voice on Capitol Hill and author of the Bitcoin Act, recently stated in a podcast: “Wouldn’t it be fun if the US is buying Bitcoin and it scares China and Russia so they start buying Bitcoin and we have an arms race over Bitcoin instead of over weapons.” Adding to the optimism, David Bailey, CEO of BTC Inc. and a key advisor to Trump’s campaign on crypto assets, shared his expectations on X following President Trump’s pardon of Ross Ulbricht. “I’m still expecting dedicated bitcoin+crypto EOs in coming days,” Bailey stated, hinting at forthcoming executive orders that could formalize the establishment of an SBR. He further projected: “I also fully expect the President to deliver on the SBR in his first 100 days.” At press time, BTC traded at $102,295. Bitcoin price, 4-hour chart | Source: BTCUSDT on Tradingview.comFeatured image created with DALL.E, chart from TradingView.com Jake Simmons Jake Simmons, a dedicated crypto journalist, has been passionate about Bitcoin since 2016 when he first learned about it. Through his extensive work with NewsBTC.com and Bitcoinist.com, Jake has become a trusted voice in the crypto community, guiding newcomers and seasoned enthusiasts alike towards a deeper understanding of this dynamic field. His mission is simple yet profound: to demystify Bitcoin and cryptocurrencies and make them accessible to everyone. With a professional career in the Bitcoin and crypto scene that began right after graduating with a degree in Information Systems in 2017, Jake has immersed himself in the industry. Jake joined the NewsBTC Group in late 2022. His educational background provides him with the technical prowess and analytical skills necessary to dissect complex topics and present them in an understandable format. Whether you are a casual reader curious about Bitcoin or an investor seeking to navigate the latest market trends, Jake’s insights offer valuable perspectives that bridge the gap between complex technology and everyday usage. Jake is not just a reporter on technological trends; he is a firm believer in the transformative potential of Bitcoin over traditional fiat currencies. To him, the current financial system is on the brink of chaos, propelled by unchecked government actions and flawed Keynesian economic policies. Drawing from the principles of the Austrian school of economics, Jake views Bitcoin not merely as a digital asset but as a crucial step towards rectifying a failing monetary system. His libertarian views reinforce his stance that just as the church was separated from the state, so too should money be freed from governmental control. For Jake, Bitcoin represents more than just an investment; it's a peaceful revolution. He envisions a future where Bitcoin fosters a sustainable and responsible financial framework for generations to come. His advocacy is not about opposition but about evolution, about laying the groundwork for a system that prioritizes transparency and equity over secrecy and inequality. As a journalist, Jake’s articles are crafted with the precision of a scholar and the passion of a true believer. He provides not only news but also thoughtful analysis that connects the dots between daily developments and larger economic theories. His work is a beacon for those lost in the technical jargon often associated with crypto discussions, illuminating the practical implications and benefits of these technologies. In summary, Jake Simmons is not just reporting on a revolution; he wants to be part of it, fully committed to enhancing public understanding and adoption of Bitcoin and cryptocurrencies. His work is more than just a collection of articles; it’s a resource, a guide, and a companion for anyone ready to explore the potential of this digital frontier. Whether you are taking your first steps into crypto or are a veteran looking to stay on top of the latest trends, Jake’s insights provide clarity and foresight in an often unpredictable industry. Join him on this journey to reshape the world of finance, one post at a time. You can engage with his latest takes on Twitter: @realJakeSimmons. Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. 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