ilmscore | Governments Selling Bitcoin!? What Does It Mean For BTC!?

Predictions from this Video

Total: 7
Correct: 0
Incorrect: 0
Pending: 7
Prediction
Topic
Status
A Trump presidency with a crypto-friendly VP could lead to positive crypto regulations in the US.
"the likely next president of the United States has come out in support of the industry and appointed a VP who seems to be even more crypto-friendly if Trump returns to the White House that should in theory pave the way for positive crypto regulations in the world's largest economy"
US Presidential Election Impact on Crypto
Pending
Starting January 1, 2025, central banks will be allowed to hold up to 2% of their reserves in cryptocurrency.
"as of January the 1st 2025 central banks will be permitted to hold up to 2% of their reserves in crypto"
Central Bank Crypto Reserves
Pending
Governments holding seized crypto are likely to sell it, potentially suppressing the market, similar to recent sales by the German government.
"any government holding seized crypto including those not mentioned in today's video is likely to sell at some point depending on the government in question this could suppress the markets in much the same way as we've seen with the recent sales from the German government"
Government Selling Bitcoin
Pending
The US Justice Department will await further regulatory clarity on cryptocurrency before making significant decisions.
"the justice department will wait for more regulatory Clarity on crypto in general before making any major moves"
US Government Regulatory Clarity on Crypto
Pending
There's a possibility that governments might start buying Bitcoin, with central banks potentially printing money to acquire enough to make it a reserve currency.
"there's always the possibility ability that governments could decide to buy more a lot more in fact because their central banks would have the power to print enough money to buy up enough BTC to make it a true Reserve currency"
Potential for Governments to Buy Bitcoin
Pending
Governments are more likely to mine Bitcoin than to purchase it.
"governments would probably opt to mine BTC rather than buy it"
Government Mining Bitcoin
Pending
Governments might attempt to seize more Bitcoin from citizens by making self-custody illegal.
"it's even possible that they would try to seize more BTC from their citizens by making it illegal to self-custody"
Government Seizure of Self-Custodied Crypto
Pending