The comparison isn’t perfect—one measures coins in circulation, the other shares outstanding—but the headline is hard to ignore.
Critics point out that setting up a government wallet is far more complex than signing a memo. Still, the president’s backing has fueled optimism among traders and some policy experts.
Zach Shapiro of the Bitcoin Policy Institute said a US government purchase of 1 million coins would trigger a “global seismic shock” in price. He predicted such a move could lift Bitcoin to around $1 million per token.
Fellow BPI director Matthew Hines added that other countries are watching the US playbook before shaping their own crypto rules.
Based on filings from the UK’s Competition and Markets Authority, Alphabet faces an antitrust probe into its search and ad businesses under the Digital Markets, Competition and Consumers Act 2024.
The CMA is weighing rules on choice screens, ranking fairness and data portability. In the EU, regulators are scrutinizing AI-generated overviews that may cut into publisher revenue, with one study linking such summaries to a drop in organic views.
Featured image from Fingerlakes1, chart from TradingView
