Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
#数字资产行情上升 【Breaking News! Is the US Treasury Hoarding Bitcoin? Treasury Secretary Breaks Silence with Public Statement】
The news has sparked a frenzy across the internet. Recently, the US Treasury Secretary publicly confirmed that the government is establishing a Bitcoin strategic reserve—not through active purchasing, but by locking all Bitcoin seized through law enforcement into the national treasury, planning to hold it long-term.
This may not sound like much, but upon closer inspection, it signals a strong message. Over the years, how much BTC has US law enforcement confiscated through drug busts, anti-money laundering, cybercrime cases, and more? Although the official total hasn't been disclosed, several high-profile cases are public—such as the Silk Road case, the Bitfinex hack, etc.—these alone amount to over 200,000 Bitcoins, worth more than $13 billion at current market prices.
Most importantly, the Treasury Secretary's words: they will not sell. What does this mean? These Bitcoins will be completely removed from market circulation and permanently frozen. With reduced supply and backing from national-level authority, the collision of these two factors could lead to unpredictable market dynamics.
Community reactions vary widely. Optimists are excited: "The national team is optimistic about long-term value. What could happen next in the market?" Skeptics ask: "Is this just a reserve, or is there a deeper strategic intent? Is it a financial defense tool, or paving the way for a digital dollar?" Others are wildly imaginative: "If all countries do this, the global financial landscape could be rewritten."
Is this a recognition of the value of crypto assets, or is there another deeper meaning? This topic is worth pondering.