The U.S. Treasury Secretary stated that the "merger of Main Street and Wall Street" will change the game, and the Bitcoin market is welcoming new opportunities.

BTC1,1%

According to ChainCatcher, Forbes reports that U.S. Treasury Secretary Scott Bentsen recently claimed to be promoting “the largest merger in history”—integrating Main Street with Wall Street. Against the backdrop of a 6% fall in Bitcoin prices in 2025, the “Beautiful Act” launched by the Trump administration provides newborns with a $1,000 “Trump account” aimed at fostering investment awareness among the public. At the same time, Wall Street financial giants like BlackRock have accumulated nearly $70 billion in Bitcoin ETFs, and crypto assets are accelerating their integration into the mainstream financial system. Bentsen predicts that tax cuts will bring about a “huge tax refund year” in the first quarter of 2026, while the Trump administration plans to introduce a market structure bill in early 2026 to further regulate the stablecoin market.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

CFTC Approves Bitcoin as Margin Collateral for Futures Trading

Gate News bot message, the U.S. Commodity Futures Trading Commission (CFTC) announced that Futures Commission Merchants (FCMs) are now permitted to accept $BTC as collateral for futures trading. This marks a regulatory development allowing Bitcoin to be used as margin collateral in the futures marke

GateNews9m ago

Twenty One Capital Transfers $27.67M in Bitcoin to Centralized Exchange

Gate News bot message, Twenty One Capital transferred 392.19 BTC (valued at $27.67 million) to a centralized exchange following two months of wallet inactivity. This marks the firm's first on-chain movement in the past 60 days.

GateNews20m ago

BitFuFu Cuts Back Self-Mined Bitcoin, Bets on Cloud Mining in 2025

BitFuFu, a Singapore-based Bitcoin mining operator, reported a pronounced shift in its 2025 business mix, with cloud mining eclipsing self-mining as the primary revenue driver. The unaudited full-year results show revenue of $475.8 million, up 2.7% from 2024, while the company’s self-mining output c

CryptoBreaking33m ago

BTC down 0.65% in 15 minutes: Large spot selling orders dominate short-term pullback, panic sentiment intensifies volatility amplification

2026-03-20 13:45 to 2026-03-20 14:00 (UTC), BTC declined 0.65% within 15 minutes, with price range fluctuating between 69795.3 to 70399.4 USDT, reaching an amplitude of 0.86%. Market volatility intensified in the short term, trading activity increased, and investor attention rose. The main driver of this price movement was concentrated large-scale active selling in the spot market. During this period, major trading platforms saw multiple large sell orders exceeding 100 BTC each, with sell orders accounting for 52% of volume, directly driving prices downward.

GateNews1h ago

BTC falls below 70000 USDT, intraday decline of 0.09%

Gate News, on March 20th, according to market data, Bitcoin broke below the 70,000 USDT level, currently trading at 69,991.06 USDT, with a daily decline of 0.09%.

GateNews1h ago
Comment
0/400
No comments