Lookonchain APP

App Store
Feeds Articles

Brazil's "Sovereign Strategic Bitcoin Reserve" bill passes first committee review

5 hours ago

On June 17th, according to Bitcoin News, the Brazilian Bitcoin Reserve Bill "PL 4501/2023 or PL 4501/2024" has successfully passed its first committee review. This bill proposes the establishment of a "Sovereign Strategic Bitcoin Reserve," with the allocation of up to 5% of foreign exchange reserves to Bitcoin. Once this bill is implemented, Brazil will become the second Latin American country, following El Salvador, to establish a legal BTC reserve. In March, Pedro Giocondo Guará, the Chief of Staff to Brazil's Vice President, stated that the "Sovereign Strategic Bitcoin Reserve" is of great significance to national prosperity and is a matter of public interest. He referred to Bitcoin as "the gold of the internet."
Add to Favorites Download image Share x Copy link
Relevant content

Bitcoin rebounds above $104,000 as U.S. lawmakers propose the "Iran War Powers Resolution" to block U.S. involvement

On June 18th, according to market information, U.S. Congressman Massie has put forward the "Iran War Powers Resolution," with the intention of preventing the U.S. from getting involved in an Israel-Iran war. Based on HTX market data, Bitcoin has rebounded from a low of $103,370 to $104,250 within the past 20 minutes.

45 minutes ago

The probability of "U.S. military action against Iran before July" on Polymarket has risen to 66.7%.

On June 18th, as per the official website, the likelihood of "The US military launching a military action against Iran prior to July" on Polymarket has gone up to 66.7%. The trading volume for this prediction market has attained $7.86 million.

45 minutes ago

The SEC Delays Approval of Franklin's XRP and Solana Spot ETF

On June 18th, as per market reports, the U.S. Securities and Exchange Commission (SEC) has postponed the approval of the Franklin XRP Spot ETF and the Solana Spot ETF.

45 minutes ago

The total market capitalization of cryptocurrencies has dropped by 6.2% in the past 24 hours, with altcoins facing even larger losses.

June 18 — Based on HTX market data, the market has exhibited signs of risk-off sentiment due to worries that the US might interfere in the Iran-Israel conflict. The total cryptocurrency market capitalization has decreased by 6.2% over the past 24 hours and currently stands at $3.341 trillion. The losses in altcoins have intensified, as follows: RESOLV is currently at $0.2229, with a 24-hour decline of 17.86%; VIRTUAL is currently at $1.67, with a 24-hour decline of 14.7%; NEIRO is currently at $0.00035, with a 24-hour decline of 15.09%; WIF is currently at $0.756, with a 24-hour decline of 14.5%; IMX is currently at $0.41, with a 24-hour decline of 14.94%.

45 minutes ago

Trump is about to decide the US policy on the Iran-Israel war, Bitcoin accelerates to drop below $104,000.

On June 18th, as per Axios, Trump is slated to convene with the national security team in the White House Situation Room within 2 minutes (1:00 AM Beijing time) in order to determine the U.S. policy concerning the Israel-Iran war. U.S. officials declared that Trump is earnestly contemplating joining the war and launching strikes against Iran's nuclear facilities, specifically the underground uranium enrichment facility in Fordow. The cryptocurrency market witnessed further declines likely due to this news, with Bitcoin dropping below $104,000.

45 minutes ago

Bitcoin drops below $104,000, 24-hour decline widens to 2.6%

On June 18th, based on HTX market data, Bitcoin has dropped below $104,000, and the 24-hour decline has expanded to 2.6%.

45 minutes ago

Hot feeds

A trader profits $448K by monitoring #Binance's new listings!

2024.12.13 17:37:29

A smart #AI coin trader made $17.6M on $GOAT, $ai16z, $Fartcoin,$arc.

2025.01.05 16:05:18

A $PEPE whale that had been dormant for 600 days transferred all 2.1T $PEPE($52M) to a new address.

2024.12.14 10:35:27

A sniper earned 2,277 $ETH ($8.3M) trading $SHIRO within 18 hours!

2024.12.03 23:09:08

Last week, funds have flowed into #Bitcoin, #Ethereum, and #Hyperliquid.

2024.12.16 14:48:36

A whale exchanged WIF and Bonk positions for Fartcoin!

2024.12.25 11:01:14

 More

Hot Articles

Follow us

X

Follow

Telegram

Join