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 cutSen. Lummis introduces Bitcoin Strategic Reserve bill in SenateTether reports record-breaking $5.2B profit in first half of 2024Bitwise exec says, ‘We’re not bullish enough,’ amid political sway to crypto’Whales are preparing for the next altcoin rally’ — CryptoQuant founderSo, grab yourself a coffee, and let’s get into it!Rise’n’Crypto is brought to you by Cointelegraph and is hosted and produced by Robert Baggs. You can follow Robert on Twitter and LinkedIn. Cointelegraph’s Twitter: @CointelegraphCointelegraph’s website: cointelegraph.comThe views, thoughts and opinions expressed in this podcast are its participants’ alone and do not necessarily reflect or represent the views and opinions of Cointelegraph. This podcast (and any related content) is for entertainment purposes only and does not constitute financial advice, nor should it be taken as such. Everyone must do their own research and make their own decisions. The podcast’s participants may or may not own any of the assets mentioned.