CandleFocus US vs. China: Trump's Aide Predicts New Bitcoin Space Race
2024-12-08
Author: Content Editor
The rise of bitcoin as an international reserve asset may lead to a new space race between countries. David Bailey, a cryptocurrency policy aide of President-Elect Trump's campaign, believes that the US, China, and a few other countries will compete for supremacy in controlling the prime cryptocurrency. Currently, the US and China are the two bitcoin superpowers, but Bailey suggests that there is room for two or three more countries in this top tier. He also predicts that a second tier of up to 30 countries will emerge, able to hold lower six figures of bitcoin. Bailey urges the US to establish a strategic bitcoin reserve to avoid being overtaken by other nations in this crypto race.
Related News
Dogecoin Sees Quiet Breakout As Data Signals Rally Continuation Uquid Unlocks the Future of Shopping with HyperPay’s Web5 Wallet National Center for Public Policy Research proposes BTC treasury to Amazon Ethereum On-Chain Data Warns of Brief ETH Decline Amid Falling Network Activity Crypto Analyst Predicts More Upsurge For XRP, Targets $5 in the Initial Phase Amazon shareholders tells company to consider adding Bitcoin to its treasury 3 Policy Measures Crypto Advocates Should Focus On In 2025 Will Donald Trump Fire Fed Chairman Jerome Powell? He Gave His Answer Ginoa.io Partners with Bitgert in a Strategic Collaboration to Advance GameFi This is how Solana (SOL) performed in 2024 so far Chainlink price reaches highest level in years as whale moves $9.6m worth to Aave Altseason’s Turning Point: Why TOTAL2’s ATH Matters More Than Ever. XRP Price Correction Reveals Key Levels for Big Moves Ahead Watch Out: 38 Altcoins Have Massive Token Unlocks in the New Week – Here’s the Day-by-Day, Hour-by-Hour List Top 4 Airdrops That Could Make You Rich This Week in Crypto Games: $250K Pokémon Card Auction, 'Pixels' $4M Competition, 'Nifty Island' Token Date $WIF Coin’s Potential Bullish Outlook Triggers Buzz Among Crypto Enthusiasts Renowned Analyst Warns for the Continuation of the Bitcoin Rally: “For the Bull to Continue…” Key Bitcoin Stakeholders Unload Over $8,500,000,000 Worth of BTC in Just 48 Hours, Says Analytics Firm Santiment Will Floki price rise 40% to ATH as token burn accelerates? Bitcoin Origin Story? Irrelevant Now, Says Anthony Pompliano EIGEN Hits a New All-Time High of $5.02: Why EigenLayer Soar to New Record High Uniswap ‘on steroids’ could propel rally to $45, crypto analyst says JASMY, QNT, MEW: Top cryptocurrencies to watch this week Global Crypto Power Plays: Which Governments Are Hoarding the Most Bitcoin? Argentina Opens Foreign Crypto ETF Investment Opportunities Schiff: ‘Bitcoin Is Now Public Enemy Number One’ How To Stake Ethereum And Earn Rewards Blockchain needs a killer use case, and authentication is cold-blooded Cardano (ADA) Price Surges by its Potentiality Dubai's SEE Institute and Cardano Foundation Collaborate to Advance Blockchain-Powered Sustainability KIMA/USDT Pool Drives Liquidity Growth on PancakeSwap Litecoin Official X Account Posts Bizarre Tweets Decentralized identifier systems are key to tokenized economies | Opinion Bitcoin’s Rollercoaster Ride, BPT Signals Potential for $178,000 Price by 2025 DZ Bank and Westerwald Bank Launch Crypto Wallets and Trading FIL Breaks Major Trendline, Targeting $30 in the Midterm Expert Says Ripple and XRP Could Serve as Strategic Weapons for the US Dogecoin (DOGE) Price Rally Strengthens with 10% Surge Crypto Trader Predicts Incoming Rallies for Ethereum, Says New Dogecoin All-Time High ‘A Formality at This Point’ Ethereum Could Break $5,000 ‘In a Few Days,’ Says Crypto Trader – Here’s His Outlook Bullish Power Surge or Fading Flame? XRP’s $2.60 Resistance in the Spotlight Will Solana Price Reach $420 During the Festive Season? Here’s What Donald Trump’s Cryptocurrency Chief David Sacks Said About Bitcoin Years Ago Coinbase responds to account restriction 'FUD': 'We're not ignoring you' Bitcoin Price Analysis: After Hitting $100K, What’s Next for BTC? Ethereum Activity Soars 300% With $17 Billion on Move XRP Aims for $8.40, Conservative Prediction by Expert US vs. China: Trump's Aide Predicts New Bitcoin Space Race Will Gary Gensler Make His Final Stake in the Cryptocurrency Market Before He Steps Down as SEC Chairman? Here's the Latest Information This is how Ripple (XRP) performed in 2024 so far Ethereum’s Bottom and Pump.Fun’s Fallout Stellar eyes $0.90: 2 bullish patterns set the stage for rally Vitalik Buterin Disagrees With Nick White’s Idea on Blockchain Verifiability XRP Price Prediction for December 8 Ripple Price Analysis: Can XRP Reach $5 in the Following Months? US OFAC Officials Report Millions of Dollars in Money Laundering Through a Cryptocurrency – Funds Frozen Major XRP Outflows in Korea Hint at Bigger Play Unfolding Hacked Cardano Foundation X account posts fake token, false SEC lawsuit notice Solana (SOL) Weekly Chart Targets $300 Breakout Following Bullish Setup 3 Token Unlocks to Watch Next Week Bitcoin (BTC) to $200,000? Here's Why It's Target Trump, Bitcoin, and the race for tokenized capital markets Here’s how much your $1,200 stimulus check would be worth in Bitcoin today Cardano (ADA) Price Prediction for December 8 Dogecoin (DOGE) Address Activated After 11 Years ? Microsoft shareholders to make Bitcoin investment decision on December 10 'Absurd': Top Trader Thinks XRP Prepares for Round 2 SHIB Price Prediction for December 8 $100K Bitcoin price: From cypherpunk dream to financial mainstream XRP Forms First Major Bearish Signal ? Meme Coin Madness: PEPE Market Cap Smashes $10B Mark in Epic Weekend Surge Indian man loses over $25,000 worth of BTC in investment scam Shiba Inu Skyrockets to $0.000033 — Bigger Moves Ahead? MicroStrategy's Saylor Urges US to Ditch Gold and Buy Bitcoin Fed decides to go ahead with December rate cut – but it’s not actually good news 'No Longer Ethereum': Vitalik Buterin Makes Surprising Statement XRP Potential in 2025: Factors That Will Lead to a Bullish Rally for Ripple’s XRP, From $6 to $40 XRP Price US Treasury Department Publishes New Report on Bitcoin! “Digital Gold…” PLEXUS Joins Forces with Owlto Finance to Offer Seamless Cross-Chain Token Swaps Avalanche Is In A Range As Traders Are Uncertain About The Next Move Researcher Explains How High-Priced XRP Could Bring Significant Benefits to Ripple and the Broader Ecosystem Dogecoin Tapped New 3.5-Year Peak, Bitcoin Price Slips Below $100K (Weekend Watch) Veteran Analyst Talks About Ethereum and XRP: Will the Bull Continue? What Are the Whales Doing? Bitcoin Setting Up for Potential Pre-Christmas Explosion, According to Trader That Called 2021 Market Collapse Analyst Identifies Timeline for Dogecoin to Begin Its Next Leg, Targets $3.8 to $4 Bitcoin (BTC) Reclaims $100K as Bulls Take Charge Investor Chris Burniske Warns of Crypto Shakedown Event, Says Market Entering Period of Increasing Frenzy PEPE Price Soars Over 16% – How High Can PEPE Coin Reach Soon? Wei Zhou: The interview with the CEO of Coins.ph The willingness to integrate cryptocurrencies into payments is increasing. 3 XRP Alternatives to Accumulate Now Before They Go Parabolic Crypto price predictions: Pepe, Floki, and Dogwifhat "Most Powerful" XRP Chart Shared by Legendary Trader Brandt CoinMarketCap Highlights RWA Resurgence, Market Cap Hits $47.8 Billion Meet Bitcoin’s Biggest Players: The Top 10 Holders Commanding Nearly 15% of the Circulating Supply ‘Financially Illiterate’? Social Media Erupts as Paul Krugman Leaves New York Times Avalanche: Here’s what can push AVAX to $65 soon GXChain Global Partners with XRADERS to Enhance DeFi, GameFi, and Crypto Trading Experiences JasmyCoin Hits New Milestone: What’s Fueling JASMY’s Ascent? Shiba Inu Price Prediction Today Bitcoin and Gold Rally Amid Slight Unemployment Rise Altcoin season 'leg down will be ugly,' says venture capitalist Top Analyst Reveals New XRP Profit Levels at $6.15 and $26.6 After Hitting 4 Targets CoinMarketCap Highlights RWA Resurgence, Market Cap Hits $47.8 Billion Dedollarization Is Not Our Objective: India Clarifies Currency Goals Uniswap Consolidates At $17: A Calm Before The Bullish Storm? XRP Price Prediction For December 8 PEPE Price Predication for December 2024 Bitcoin Price Prediction: BTC Dominance Drops, Altcoin Season Begins These Signs Suggest That the Altcoin Season Is Upon Us BTC & ETH Lead the Pack as Liquidations Hit $892M in a Day BTC hits $100K, Trump taps Paul Atkins for SEC chair, and more: Hodler’s Digest, Dec. 1 – 7 Filecoin (FIL) Price Prediction: On Track for $25 Soon? Bitcoin and Gold Rally Amid Slight Unemployment Rise Altcoin season 'leg down will be ugly,' says venture capitalist Dogecoin (DOGE) Breaks Key Pattern on 4H Chart: $0.55 Resistance in Sight Bitcoin Price Prediction: Analyst Releases Bullish End Of Year Forecast Despite Failure At $100,000 Ethereum Bull Run Kicks Off: ETH Eyes $4,500 as First Target Bitcoin Miners Move 85,503 BTC, Price Unaffected – Here’s Why All Eyes on $2.75: XRP's Chart Patterns Suggest Major Move on the Horizon US Treasury Highlights "Digital Gold" Bitcoin's Rapid Growth In Latest Report Two Under-the-Radar Altcoins Skyrocket in Price Following Friday Binance Listings Ethereum Price Breakout: Charting The Uncertain Part Of ETH To $18,000 Analyst Reveals Critical Targets As Cardano Price Eyes $2