Senator Lummis’s Bitcoin Act extends the Federal Reserve’s Bitcoin capacity to over 1M bitcoins. We mull over how this might affect the price of Bitcoin, and related coins like BTC Bull Token.
The act touches upon several critical points, such as the establishment of the Bitcoin Reserve, the Bitcoin Purchase Program, and, more importantly, the Protection of Private Property Rights.
The latter would protect the rights of individuals, companies, and organizations to hold, transfer, and acquire Bitcoin lawfully.
The Bitcoin Act allows the US government to acquire BTC through any lawful means other than the direct purchase. These may include donations, seizures from civil or criminal cases, and transfers from federal agencies.
Senator Cynthia Lummis announced the bill on March 11, 2025, during a conference at the Bitcoin Policy Institute, where it was met with applause.
How Trump Shapes the Crypto Landscape
Lummis’s new bill is just the cherry on top. Trump is already leading the way as the most ardent pro-crypto advocate, and as loud as his words are, his actions speak even louder.
The US president just announced a historic crackdown on Biden’s Operation Chokepoint 2.0, which prevented bank systems from servicing crypto entities.
Trump’s words resonated with the entire crypto space at the White House’s Digital Asset Summit on March 7, 2025:
‘[…] Last year, I promised to make America the Bitcoin superpower of the world and the crypto capital of the planet. And we’re taking historic action to deliver on that promise.’
Trump’s new executive order would force the Federal Reserve to accept crypto entities into the system, ending Operation Chokepoint 2.0 and what influential voices like MARA CEO Fred Thiel described as ‘discriminatory banking and financial practices.’
Elon Musk’s Upcoming Crypto Breakthrough
As the newly-appointed head of the Department of Government Efficiency (DOGE), Elon Musk shares Trump’s pro-crypto stance.
Despite once claiming that he owned next-to-no BTC, nowadays, Tesla’s CEO is hoovering up on Bitcoin and Dogecoin , and his stance on crypto seems pretty unambiguous.
Even more telling are the recent leaks by Alex Finn, adding fuel to the speculation that Elon Musk is ready to launch his official X Money (X’s official cryptocurrency.)
The new X currency would be part of the X Payments system targeted at X creators and influencers primarily.
Finally, X CEO Linda Yaccarino confirmed the news, announcing that X Money would arrive ‘later this year’ and that Visa would be the first official partner.
Musk’s X Money moves, along with Senator Lummis’s revitalization of the Bitcoin Act and Trump’s changes in the US reserve policy, could send visible ripples through the crypto market.
Indeed, Bitcoin recorded a 7% ‘ripple’ over the past 24 hours, as the chart showed signs of life in the depths of the bearish cycle:
In this context, promising low-cap projects like BTC Bull Token could be among the first to reap the benefits.
What the New Bitcoin Act Means to Projects like BTC Bull Token
BTC Bull Token ($BTCBULL) is one of the most promising meme coins right now because of the way it’s tied to Bitcoin’s performance in the market. The new crypto project aims to cheerlead Bitcoin past the $250K mark and beyond.
The presale is ongoing, with over $3.5M raised so far and a token price of $0.002405.
The project relies on several mechanisms to ensure long-term price evaluation:
- Token burn: The developers burn a percentage of the total supply for each $50K increment to Bitcoin’s price ($125K, $175K, $225K)
- BTC airdrops: Stakers receive Bitcoin airdrops at two key Bitcoin price points ($150K and $200K)
- $BTCBULL airdrop: A massive $BTCBULL airdrop (10% of the total supply) is set for when Bitcoin reaches the $250K evaluation.
Stakers enjoy noticeable benefits, including an APY of 122% and the opportunity to be part of a project with long-term potential right from ground zero.
As a meme project, the real power behind BTC Bull Token is community hype and involvement. This is vital to the progress of its token alongside Bitcoin. $BTCBULL’s social media channels are looking alive, with over 7K followers on X.
The whitepaper covers the whole project in detail, including the token distribution chart, which, as expected, dedicates much of the $BTCBULL supply (40%) to the marketing sector.
Important! You need to hold your $BTCBULL tokens in a Best Wallet account to qualify for the airdrops.
Thanks to its meme value and real utility, BTC Bull Token is currently one of the best presales to buy now.
Naturally, this isn’t financial advice. DYOR (Do Your Own Research) before investing in any project and have a reliable risk-management strategy in place.
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