#Bitcoin's hashrate recently hit an all-time high.
It has outpaced the combined computing power of AWS, Google Cloud, and Azure, which together contribute less than 1% to its network.
This milestone highlights the unparalleled global coordination of miners and node operators.
Read more ๐ https://t.co/LXkYWAjwKr
President Trump signs #crypto executive order promising:
๐ซ NO CBDCs: Trump slammed a potential Central Bank digital dollar as a โdangerous threat to freedomโ.
๐ Bitcoin Stockpile: The working group has 180 days to explore how this will work. Note that he used the term 'digital asset stockpile' not just 'bitcoin' stockpile.
๐ Stablecoin Regulation: While CBDCs are out, Trump's order gives USD-backed stablecoins the green light. This could increase demand, liquidity, and further cement USD as the global reserve currency.
๐ SAB 121 GONE: Banks can now breathe easy. The SEC's SAB 121, which made holding crypto a headache for financial institutions, is HISTORY. This could lead to a FLOOD of banks jumping into the crypto custody game.
This executive order is a MASSIVE green light for the crypto space.
Follow @altcoindailyio for the latest updates! ๐๐