cryptoblssd

Patrick Witt, executive director of the President's Advisory Council on Digital Assets, made it clear in early May: the announcement about the Strategic Bitcoin Reserve is coming 'in the next few weeks.'
Today, while $BTC is trading at $77,877 and the market starts to bounce back, that announcement remains the most significant pending news in the global crypto ecosystem.
What exactly is the Strategic Bitcoin Reserve?
The U.S. government already holds 328,372 Bitcoin, accumulated over time through seizures in criminal cases. They are worth approximately $25 billion and represent 1.6% of all Bitcoin in existence.

The market is in the red today. Bitcoin dipped to $78,263, Ethereum is sitting at $2,182, and BNB is at $657. All three are showing losses over the last 24 hours.
And in the midst of that backdrop, news dropped that isn’t directly tied to the price of any cryptocurrency, but is super crucial for understanding where the investment world is headed.
SpaceX, Elon Musk's aerospace company, has confirmed it's aiming for June 12 for its Nasdaq debut. The ticker will be SPCX. And the numbers surrounding this IPO are unprecedented in modern financial history.