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The main cryptocurrencies to buy while the Saudi Central Bank reveals its exposure to Mstr

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Bitcoin and other cryptoactives have been in a bullish trend in recent sessions after that the Saudi Central Bank (Sama) confirmed A significant exposure to Microstrategy Inc.

According to the last 13F presentation of Sama, it has a total of 25,656 actions of the business intelligence firm that has been successfully transformed into a Bitcoin Proxy in recent years.

This institutional purchase, together with the de -cast of commercial tensions between the US and China, have uploaded the price of BTC almost 40 % in early April.

Why is Sama movement important for the main cryptocurrencies?

MSTR is widely known as an alternative medium to invest in the largest cryptocurrency in the world for market capitalization. The company that quotes at Nasdaq currently has More than half a million BTC In his balance.

The cryptocurrency community is applauding the revelation of the Saudi Central Bank, since it indicates the generalized adoption and the growing institutional interest in the main cryptocurrencies to buy.

Investors are celebrating, since the SAMA movement is widely interpreted as a vote of confidence in the Bitcoin strategy initiated by Michael Saylor, executive president of Microstrategy, in 2020.

https://x.com/saylor/status/1923060408811721081

They hope that the Central Bank’s confidence vote will begin to invest in BTC, which can serve as a significant catalyst not only for Bitcoin, but also for the rest of the cryptocurrency industry.

With global investment banks increasingly interested in obtaining exposure to Bitcoin, investors expect the world in which BTC finally obtain the reserve status can now be in the near future.

What Sama’s movement can mean for memecoins as Bitcoin Pepe

The considerable position of the Saudi Central Bank in Microstrategy could indicate institutional confidence in Bitcoin, which could benefit memecoins as Bitcoin Pepe. Microstrategy is one of Bitcoin’s biggest corporate holders, and its actions are often considered an indicator of Bitcoin exposure.

If an important financial institution such as the Saudi Central Bank is investing in Microstrategy, it suggests a growing recognition of Bitcoin as a class of legitimate assets.

https://x.com/bitcoinnewscom/status/1897289158772641882

This could have an indirect effect on Meemcoins such as Bitcoin Pepe. Institutional adoption tends to increase liquidity and stability in the cryptocurrency market in general, attracting new retail and institutional investors.

Memecoins thrive thanks to the speculation and enthusiasm of the community, and an Alcista institutional position on Bitcoin could lead to greater interest in related assets.

Bitcoin Pepe can be one of the main cryptocurrencies to buy to take advantage of the possible indirect effect of Sama’s investment in Mstr, since the narrative of “the only ICO Memecoin de Bitcoin in the world” is already attracting a strong demand.

In addition, it is a native token that is currently only in presale, indicating that the explosives initial movements by which memecoins are widely known have not yet materialized for Bitcoin Pepe.

His commitment to instant transactions and ultrabaja rates has already helped him to raise more than 8.4 million dollars, and the impulse can continue once he coticates in an exchange cryptocurrency after presale, especially with sama type ads that support the prices of cryptocurrencies in 2025.

Click here if you want more information about Bitcoin Pepe.

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Bitcoin exceeds $ 97,000 while central banks double their liquidity

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  • The Popular Bank of China cuts the rates and cuts the mortgage costs.
  • Commercial conversations are scheduled between the US and China.
  • The markets are waiting for the FOMC guidelines on policy change.

    • Bitcoin exceeded the USD 97,000 on Wednesday before establishing itself above the USD 96,000, since a confluence of global monetary movements stirred the markets before the Federal Reserve Policy announcement.

    The recruitment of the cryptocurrency occurred hours after China injects USD 138 billion in its economy through a wide stimulus package and the US Central Bank. UU. Making consecutive purchases of the Treasury for a total of USD 34.8 billion.

    These events, combined with the resumption of commercial conversations between China and the United States, have increased speculation about a return to quantitative flexibility, changing the feeling of world investors towards risk assets such as cryptocurrencies.

    China injects liquidity and cuts interest rates

    At a press conference organized by the State Council Information Office, the Governor of the Popular Bank of China, PAN GongSheng, announced a cut of 0.5 percentage points in the mandatory reserve coefficient (RRR), releasing 1 billion yuanes (~ 138,000 million dollars) in long -term liquidity.

    This measure was combined with a 10 basic point cut of the official interest rate and a reversal rate reduction to seven days from 1.5% to 1.4%.

    The stimulus package also included a reproach mechanism of 500,000 million yuan destined to support the care of the elderly and domestic consumption.

    In addition, mortgage rates were cut and reserve requirements for car financing companies were relieved.

    These measures are intended to counteract the weakening of domestic demand and support the deceleration of the real estate sector.

    The moment of the announcement was critical. It occurred just before the United States confirmed that the Secretary of the Treasury, Scott Besent, would meet with the Vice Prime Chinese Minister, He Ling, in Switzerland on May 10 and 11.

    The next summit marks the first official commercial conversations since President Trump raised tariffs on Chinese imports to 145%.

    Bitcoin and the S&P 500 react to global flexibility signals

    The markets immediately responded to the two stimulus and diplomacy holders.

    According to The Kobeissi Letter, the futures of the S&P 500 rose more than 1%, while Bitcoin jumped over $ 97,000.

    The cryptocurrency profits were moderated later in the day, with BTC quoting USD 96,911 at the time of writing this article, 2.93% more in the last 24 hours.

    Fountain: Coinmarketcap

    Gold also recovered strongly, approaching historical maximums of $ 3,437.60, showing an increase of 28.84% so far this year.

    Precious metal profits suggest that investors are positioning for uncertainty before the Federal Federal Market Committee (FOMC) of the Federal Reserve.

    Fed bond purchases trigger speculation about quantitative flexibility

    In addition to the impulse of the market, the Federal Reserve silently bought 34.8 billion dollars in Treasury values ​​in two days. On May 5, it acquired 20,000 million dollars in 3 -year bonds, followed by a purchase of $ 14.8 billion in 10 years on May 6.

    These movements were made without any formal announcement of a policy change.

    The scale and velocity of purchases have fed speculation that the Fed is tantling the waters for a return to quantitative flexibility.

    This occurs after months of cautious guidance by President Jerome Powell, who had argued that greater hardening or balance reductions were possible based on inflation trends.

    Arthur Hayes, former Bitmex CEO, suggested in a recent column that these actions could boost Bitcoin to USD 250,000 by the end of 2025, if the QE formally resumes.

    However, other analysts remain skeptical, pointing out the absence of systemic financial tensions that would normally justify such action.

    Eyes put in the Fed while markets expect clarity

    Today’s FOMC meeting will be closely followed by signals on the political position of the Fed.

    A moderate turn could help Bitcoin establish a stronger support above USD 97,000, while a more aggressive tone can lead to greater volatility.

    Investors are still cautious but alert, and the coordination of world central banks and the renewed commercial diplomacy suggest deeper macroeconomic changes.

    That Bitcoin maintains his bullish trajectory depends largely on the message that the Fed sends in the next few hours.

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    The Central Bank of Sweden will not consider Bitcoin as currency

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    The Central Bank of Sweden, also known as Sveriges Riksbank, recently deepened in Bitcoin (BTC) to determine if the king cryptocurrency can be classified as currency. He established that he must comply with three criteria to be considered a currency: deposit of value, means of payment and account unit.

    There is no reliable value reserve

    The Central Bank indicated that Bitcoin is not a reliable value reserve due to its volatile nature. Said the following:

    “If an asset acts as a value reserve, you must be sure that you can buy both today for, say, 100 Swedish crowns and tomorrow. The price of Bitcoin has had a high level of volatility, so it is a relatively poor protector. ”

    Riksbank also indicated that despite being accepted as a means of payment in a small number of places, BTC is not as widely accepted as credit cards:

    “If the asset acts as a means of payment, a buyer must be able to use the asset to pay and a seller accepts it as payment. There is no exact figure about how many companies Bitcoin accept as a means of payment, but Coinmap has a maps service of several merchants that accept bitcoin and ATMs where you can buy bitcoins. On May 13, 2022 there were approximately 29,500 merchants and vending machines on the map. In comparison, visa cards are accepted by more than 60 million merchants. ”

    Volatility is blamed

    The Central Bank also declared that Bitcoin cannot be used as a account unit due to constant price changes. Declared the following:

    “If the asset works as a unit of account, it can be used to set the price of goods and services. The two above features come into play because it is more difficult to set the price of something if the value of the asset fluctuates a lot or if it is not used as a means of payment. ”

    Bitcoin does not match 3 criteria to be currency

    Finally, he indicated that because Bitcoin does not meet the three criteria to be considered currency, consider BTC only as an asset, but not as a currency:

    “Bitcoin generally does not fulfill the three functions and therefore is not money, at least not in the sense that it functions as money in the traditional financial system and in society. A reasoning similar to many other cryptocurrencies can be applied. ”

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