• News
    • Bitcoin
    • Altcoins
    • Blockchain
    • DeFi
    • Regulation
    • Scams
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Market Cap
  • Shop
What's Hot

What Is Fully Diluted Valuation (FDV) in Crypto?

2025-06-12

What Does FUD Mean in Crypto? The Fear, Uncertainty, and Doubt Effect

2025-06-09

What Is Crypto Staking? How to Earn Crypto by Holding It

2025-06-05
Facebook Twitter Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Financial Disclosure
Twitter Instagram YouTube
Crypto Semantic
  • News
    • Bitcoin
    • Altcoins
    • Blockchain
    • DeFi
    • Regulation
    • Scams
  • NFT

    All Eyes on Art: Upcoming Collections to Watch the Week of January 28

    2025-02-03

    Op-Ed: The Artist and the Artificial Sublime

    2025-01-20

    Zora launches onchain NFT secondary markets with Uniswap

    2024-08-12

    NFT sales surge led by DMarket on Ethereum

    2024-08-12

    Top NFT Collections by Sales This Week: DMarket Surges Ahead

    2024-08-11
  • Metaverse

    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    2024-12-13

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    2024-10-28

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    2024-09-05
  • Analysis

    Analyst Says Momentum Is Going To Switch to Ethereum, Predicts Capital Rotation to Altcoins

    2024-02-20

    Bitcoin Price Rally In Jeopardy? Decoding Key Hurdles To More Upsides

    2024-02-19

    Arweave’s AR token hits 18-month high amid rapid growth and innovation

    2024-02-19

    Largest Bitcoin Whales Gobble Up Nearly $13,000,000,000 Worth of BTC in 2024 Alone: Santiment

    2024-02-19

    NEAR Skyrockets 30% – Investors Intrigued By These Metrics

    2024-02-19
  • Learn

    What Is Fully Diluted Valuation (FDV) in Crypto?

    2025-06-12

    What Does FUD Mean in Crypto? The Fear, Uncertainty, and Doubt Effect

    2025-06-09

    What Is Crypto Staking? How to Earn Crypto by Holding It

    2025-06-05

    What Are Liquidity Pools? A Guide to DeFi Explained Simply

    2025-06-05

    What Is Yield Farming in Crypto? A Beginner’s Guide to DeFi Income

    2025-06-02
  • Market Cap
  • Shop
Crypto Semantic
Home»Regulation»US Senators Receive 2,200 Letters in Under 48 Hours in Support of Senator Lummis’ Pro-Bitcoin Bill
US Senators Receive 2,200 Letters in Under 48 Hours in Support of Senator Lummis’ Pro-Bitcoin Bill
Regulation

US Senators Receive 2,200 Letters in Under 48 Hours in Support of Senator Lummis’ Pro-Bitcoin Bill

2024-08-05No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

A crypto-focused nonprofit says that US senators have up to now acquired over 2,200 letters urging them to co-sponsor and assist a invoice to make Bitcoin (BTC) a strategic reserve asset.

Bitcoin mining advocacy group Satoshi Motion Fund launched an initiative encouraging the general public to ask their senators to assist the BITCOIN Act of 2024 proposed by Senator Cynthia Lummis (R-WY).

The group says the approval of the invoice will defend the US in opposition to monetary crises, improve nationwide safety, place the nation because the chief within the world digital financial system and assist the US counter world financial threats.

“The second to safe our monetary future and bolster America’s management in know-how is right here. Now we have a vital alternative to assist the Senator Lummis ‘Boosting Innovation, Expertise, and Competitiveness by way of Optimized Funding Nationwide Act of 2024,’ also called the ‘BITCOIN Act of 2024.’”

In a publish on social media platform X, Satoshi Motion Fund CEO and co-founder Dennis Porter reveals that over 60% of the letters had been despatched to Democrat senators.

“In simply 48 hours over 2,200 letters have been despatched to U.S. Senators requesting them to co-sponsor and assist the ‘Strategic Bitcoin Reserve’ invoice. 

Democrats acquired – 1,333 letters

Republicans acquired – 850 letters

Independents acquired – 41 letters.”

Image
Supply: Dennis Porter/X

Porter says will probably be as much as the workplaces of the senators to answer the individuals who despatched the letters. 

“Letters are despatched from constituents, not us. Typically, an excellent chunk of the workplaces will reply to their constituents.”

See also  Donald Trump Promises To Protect the Future of Bitcoin and Crypto in the United States, Says He Supports Right to Self-Custody

Do not Miss a Beat – Subscribe to get e mail alerts delivered on to your inbox

Test Value Motion

Observe us on X, Fb and Telegram

Surf The Day by day Hodl Combine

Generated Picture: Midjourney



Source link

Bill Hours Letters Lummis ProBitcoin Receive Senator senators Support
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

10 Years of Steadfast Support and Compliance

2025-05-15

DeFi Saver Integrates Sky Protocol to Support $USDS and $SKY, Starting September 18

2024-09-13

Tonstakers Unveils Liquidity Rewards in tsTON with Support from TON Foundation

2024-09-09

Americans Under 40 Forcing Both Political Parties To ‘Collapse’ Into Bitcoin: Pantera Capital CEO Dan Morehead

2024-08-18
Add A Comment

Leave A Reply Cancel Reply

Top Posts
Bitcoin

Bitcoin Hits $138,000 On Binance US, What Happened?

2023-06-21

The Bitcoin value has been experiencing a pointy rally since final Thursday, when BlackRock filed…

DeFi

Sui price triples in 3 months, signals changing of the guard in DeFi

2024-02-13

Challenger blockchains Sui, Sei and Ronin are having a second. Their native cryptocurrencies have tripled…

NFT

Selin Çınar on Nostalgia, Innovation, and Fantastical Creatures

2023-08-19

Selin Çınar, famend below her moniker “Axstone,” is a standout Turkish illustrator who masterfully melds…

Subscribe to Updates

Get the latest news and Update from Crypto Semantic about Crypto, Metaverse and NFT.

About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, NFT, Metaverse and more.

We're social. Connect with us:

Twitter Instagram
Popular Post

Ransomware Makes Comeback With Over $1,000,000,000 Extorted in 2023, According to Chainalysis

2024-02-07

Artist behind Putin NFT will burn Picasso, Rembrandt paintings if Assange dies

2024-02-13

Unveiling the seamless future of blockchain applications

2024-01-30

Get the latest news and Update from Crypto Semantic about Crypto, Metaverse and NFT.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Financial Disclosure
© 2025 cryptosemantic.com. Designed by ProdigitalX.

Type above and press Enter to search. Press Esc to cancel.

  • Kinza Babylon Staked BTCKinza Babylon Staked BTC(KBTC)$83,270.000.00%
  • Vested XORVested XOR(VXOR)$3,404.231,000.00%
  • ICPanda DAOICPanda DAO(PANDA)$0.003106-39.39%
  • bitcoinBitcoin(BTC)$104,718.00-2.75%
  • ethereumEthereum(ETH)$2,532.17-8.21%
  • tetherTether(USDT)$1.000.03%
  • rippleXRP(XRP)$2.12-5.35%
  • binancecoinBNB(BNB)$652.87-2.21%
  • solanaSolana(SOL)$144.88-8.96%
  • usd-coinUSDC(USDC)$1.00-0.01%
bitcoin
Bitcoin (BTC) $ 104,387.97
ethereum
Ethereum (ETH) $ 2,516.48
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.11
bnb
BNB (BNB) $ 649.70
solana
Solana (SOL) $ 144.34
usd-coin
USDC (USDC) $ 0.99997
tron
TRON (TRX) $ 0.273313
dogecoin
Dogecoin (DOGE) $ 0.173465
staked-ether
Lido Staked Ether (STETH) $ 2,522.96