Today in crypto, Binance co-founder Changpeng Zhao (CZ) urged Elon Musk to ban automated bots on X, expressing a desire for more authentic interactions on the platform. He noted that these bots are used to amplify messages and can spread misinformation, leading to scams in the crypto space. Additionally, regulatory experts indicated that the recent establishment of the US Strategic Bitcoin Reserve, which involves utilizing Bitcoin seized from criminal cases, reflects unrealistic expectations within the industry. The announcement of this reserve has led to significant market fluctuations, with Bitcoin prices dropping sharply. Michael Saylor advocated for a government approach to acquire up to 25% of Bitcoin’s total supply over the next decade, proposing a ‘Never sell your Bitcoin’ policy, which he believes could yield over $10 trillion annually by 2045. This strategy aims to promote Bitcoin as a perpetual source of prosperity for Americans.

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