Bitcoin’s Rising Dominance: 80% of Americans Advocate for BTC Over Gold in National Reserves

A groundbreaking survey reveals that 80% of Americans now support converting portions of US Gold reserves into Bitcoin, marking a significant shift in public sentiment. This preference underscores growing distrust in traditional inflation hedges like gold, as Bitcoin's finite supply and decentralized nature gain traction amid concerns over fiat currency devaluation. The findings highlight Bitcoin's evolving role as a mainstream store of value and its potential to reshape national reserve strategies.

80% of Americans Favor Bitcoin Over Gold in National Reserves

A seismic shift in public sentiment is underway as 80% of Americans now prefer converting portions of US gold reserves to Bitcoin, according to a recent survey. The data signals growing distrust in traditional hedges like gold amid currency devaluation concerns.

Bitcoin's appeal as an inflation hedge continues gaining mainstream traction. The cryptocurrency's finite supply and decentralized nature contrast sharply with fiat currencies vulnerable to monetary policy decisions. This preference shift mirrors institutional adoption trends seen across Wall Street and corporate treasuries.

The survey results, shared by The Nakamoto Project on social media platform X, highlight Bitcoin's evolving role from speculative asset to legitimate reserve consideration. Market analysts note this mirrors the commodity's 2020-2024 performance, where Bitcoin significantly outpaced gold during periods of dollar weakness.

Texas Bitcoin Reserve Bill Advances to Second Reading in State House

Texas moves closer to establishing a sovereign Bitcoin reserve as Senate Bill 2334 clears its first legislative hurdle. The proposal, which would create a state-held cryptocurrency treasury, now enters second reading in the House after passing committee review.

This development signals growing institutional acceptance of bitcoin as a reserve asset among US state governments. The legislation follows similar moves by Wyoming and Florida in creating crypto-friendly regulatory frameworks.

India's Supreme Court Urges Government to Regulate Cryptocurrency Amid Tax Enforcement

India's Supreme Court has challenged the government's contradictory stance on cryptocurrency—imposing taxes while failing to establish clear regulations. Justice Surya Kant highlighted the risks of an unregulated parallel economy fueled by Bitcoin and other digital assets during a hearing tied to a BTC transaction investigation.

The court's rebuke underscores a glaring policy gap: "If you can tax it at 30%, also please regulate it as you have recognised it by taxing it," Kant asserted. This judicial intervention spotlights the tension between India's de facto recognition of crypto through taxation and its reluctance to provide legal frameworks.

Bitcoin Nears All-Time High Amid Strong Accumulation Signals

Bitcoin's price surge to within 2% of its January all-time high has reignited bullish sentiment across crypto markets. The rebound from last month's sub-$75,000 lows comes as on-chain data reveals aggressive accumulation by whales, with over $250 million in BTC purchased recently.

Market structure now favors upside continuation, with large buyers demonstrating conviction even at elevated price levels. The absence of significant resistance above current prices suggests potential for new historic highs in the NEAR term.

Strategy Expands Bitcoin Holdings with $764 Million Purchase

Strategy has acquired an additional 7,390 Bitcoin for approximately $764 million, marking its third major purchase this month. The firm now holds 576,230 BTC, solidifying its position as one of the largest institutional holders of the cryptocurrency.

The latest purchase was executed at an average price of $103,498 per Bitcoin, significantly higher than the company's first May acquisition of $180 million but below its $1.34 billion secondary buy. Strategy's total Bitcoin investment now stands at $40.18 billion, reflecting aggressive accumulation despite volatile market conditions.

Michael Saylor, Strategy's chairman, continues to champion Bitcoin as a corporate treasury asset, with the company's growing hoard serving as a bellwether for institutional adoption. The MOVE comes amid heightened competition for Bitcoin supply following the approval of spot ETFs earlier this year.

Kiyosaki Slams US Bonds as 'Big Lie', Backs Gold, Silver, Bitcoin

Robert Kiyosaki, author of 'Rich Dad Poor Dad,' has sharply criticized US bonds, labeling them a 'big lie' in a recent tweet. The financial commentator doubled down on his advocacy for hard assets, explicitly endorsing gold, silver, and Bitcoin as superior stores of value.

Kiyosaki's remarks come amid growing institutional interest in cryptocurrency markets. His public rejection of traditional debt instruments aligns with a broader narrative of capital rotation into alternative assets during monetary uncertainty.