Bitcoin's Next Big Catalyst Might Come From Washington

This story was originally published on HackerNoon at: https://hackernoon.com/bitcoins-next-big-catalyst-might-come-from-washington. The U.S. holds 328,372 BTC. Here’s how the Strategic Bitcoin Reserve, Bitcoin’s fixed supply and new legislation could shape its long-term market role. Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #bitcoin-adoption, #us-bitcoin-policy, #bitcoin-strategic-reserve, #bitcoin-investment-outlook, #government-bitcoin-holdings, #bitcoin-regulation, #digital-asset-reserves, #hackernoon-top-story, and more. This story was written by: @cryptomonk. Learn more about this writer by checking @cryptomonk's about page, and for more stories, please visit hackernoon.com. The U.S. government holds an estimated 328,372 BTC, largely accumulated through major federal seizure cases. The Strategic Bitcoin Reserve could keep qualifying government-held Bitcoin out of the market, making supply dynamics increasingly important. New legislation such as ARMA could determine how the U.S. manages, reports and retains its Bitcoin holdings over the long term.