3 reasons altseason is near, Bitcoin Strategic Reserve bill introduced in US Senate

Bitcoin’s price may have had a wobble, but the crypto news of the past 24 hours is wall-to-wall bullish as Senator Cynthia Lummis introduced an official Bitcoin Strategic Reserve bill in the US Senate, Tether reports record-breaking profits in the first half of 2024, and the Bitwise chief investment officer lays out why we all need to be more bullish about crypto. Elsewhere, there are three reasons why altseason is approaching, according to analysts and traders. You won’t want to miss this one.

Further reading:

• Bitcoin slips below $65K as Fed holds rates, hints at September cut
• Sen. Lummis introduces Bitcoin Strategic Reserve bill in Senate
• Tether reports record-breaking $5.2B profit in first half of 2024
• Bitwise exec says, ‘We’re not bullish enough,’ amid political sway to crypto
• ’Whales are preparing for the next altcoin rally’ — CryptoQuant founder

So, grab yourself a coffee, and let’s get into it!

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