🪙 Sats Per Share - 01/28/2025

🏛️ States Rush to Build Bitcoin War Chests as Trump Signals Support

The race to establish state-level Bitcoin reserves is heating up, with at least 16 states planning legislation. Ohio has become the latest to propose allocating up to 10% of state funds for crypto reserves, joining Pennsylvania in this bold move. The requirement? Bitcoin needs to maintain its $750B market cap threshold.

📊 Bitcoin Price Dips on Tech Stock Correlation, Not AI Drama

Despite speculation, Monday's Bitcoin price decline had nothing to do with DeepSeek's AI news. Instead, the dip reflects Bitcoin's strong correlation with tech stocks, particularly the Nasdaq, as investors de-risk their portfolios. While Trump's reserve plans offer promise, markets want more than just talk.

🌟 The Battle for Reserve Status: Bitcoin vs. US-Based Coins

A fascinating debate is unfolding about which cryptocurrencies should be included in the national strategic reserve. While some push for US-based coins like XRP and USDC, Ripple CEO Brad Garlinghouse has voiced opposition to a Bitcoin-only approach, advocating for a multi-token reserve that better represents the industry.

🌍 BRICS Factor: Global Politics Meets Crypto Strategy

In a thought-provoking analysis, former US officer Jason Lowery argues that Bitcoin's decentralized nature makes it more appealing to BRICS nations than US-jurisdiction cryptocurrencies. This geopolitical angle adds a crucial dimension to the reserve currency debate.

🎯 Trump's Crypto Vision Takes Shape

A new executive order reveals the administration's comprehensive approach to crypto, including a Presidential Working Group on Digital Asset Markets and exploration of a national digital asset stockpile, while notably prohibiting CBDC development.

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