Bitmine, a prominent crypto mining company, has crossed the 5 million Ethereum (ETH) tokens threshold, after purchasing 101,901 ETH worth approximately $236 million. This marks a significant milestone, making Bitmine the first company to hold more than 5 million ETH and the world's largest corporate Ethereum treasury.

【$VELVET Signal】Long position, buy on pullback, 4H bullish trend support Deep buy orders above 1.30, actively receiving bids below. The 4H Bollinger middle band at 0.1036 and EMA20 at 0.1069 form a support zone. The 1H MACD histogram turns negative, but the 4H MACD remains above zero, indicating the bullish foundation is intact. Current volatility is converging, awaiting confirmation of funds after a deep pullback. 🎯Direction: Long (buy on pullback) ⚡Entry/Order: 0.10711 🛑Stop Loss: 0.09741 🚀Target 1: 0.12652 🚀Target 2: 0.13622 🛡️Trade Management: - Execute strategy: after reaching Target 1, reduce position by 50%, and move stop loss to breakeven. If price falls back into the entry zone, exit automatically to protect capital. (Pullbacks within the 4H bullish trend often accompany shakeouts. 0.10711 is close to EMA20 and the Bollinger middle band, with a risk-reward ratio of about 2:1, making it a worthwhile gamble. ) View real-time market 👇 $VELVET --- Follow me: Get more real-time analysis and insights on the crypto market! #WCTC交易王PK #比特币突破7.9万美元 $BTC $ETH $SOL

U.S. House Representatives Push Bitcoin Strategic Reserve Bill Again, Is the "National Buyer" of 1 Million BTC Coming? Republican Congressman Begich plans to reintroduce the Bitcoin Strategic Reserve Bill (renamed ARMA) within weeks, with core objectives: · Establish Bitcoin as a strategic reserve asset for the United States · Enshrine President Trump's previous executive order to "permanently hold Bitcoin" into law · The previous version included: purchasing 1 million BTC in a "budget-neutral" manner within 5 years Although the specific provisions of the new version have not been disclosed, the direction is already clear: the U.S. government is shifting from "confiscating BTC" to "accumulating BTC." What does this mean for the market? 1. A major change on the demand side: if 1 million BTC (about $78 billion) is bought over 5 years, it would absorb roughly $15 billion in selling pressure annually, comparable to another MicroStrategy. 2. Sentiment signal > actual purchase: whether the bill passes or not is uncertain, but once it enters formal discussion, it will reinforce the narrative of "great powers starting to grab BTC," suppressing bearish sentiment. 3. Contrasts with the dilemma faced by big whales: on one side, retail and large investors are being targeted for forced liquidation; on the other, the U.S. government is preparing to build positions at low prices—who is bottom-fishing, the retail traders or the national team? Short-term implementation may not be immediate, but the narrative direction has shifted: BTC is moving from a "speculative asset" to a "national-level reserve asset." $BTC ‌$ETH ‌