# The Bitcoin Act

*Author: Bankless*
*Published: Sep 2, 2024*
*Source: https://www.bankless.com/fr/the-bitcoin-act*

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[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/08/Group-647-1-1.png)](https://www.bankless.com/sponsor/kraken-1682978636?ref=bases-best-token-launcher&email=true)

  

The Bitcoin Act
    
  

  
  Published on Sept 2, 2024

[
  
  View in Browser

](https://bankless.com/read/briefs)
 

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.  .  .

 
  
    
      
      NEED TO KNOW
    
    
  
  
    
Binance Exec's Unjust Detainment
  

  

 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/09/Group-14--100-.png)](https://www.bankless.com/dashboard)- 🇳🇬 **Jailed Binance Exec's Trial Continues. **Tigran Gambaryan has been held in Nigeria for 6 months amid money laundering charges against Binance. "The U.S. Government must do more to help Tigran," his wife said in a statement to [The Block](https://www.theblock.co/post/314210/binance-exec-tigran-gambaryan-enters-nigeria-court-on-crutches-as-trial-resumes).
- 💸** SEC Warns FTX over Stablecoin Repayments. **The firm has filed a motion noting that it 'reserves its right to challenge' repayments to debtors using crypto assets.
- 🦗 **Pump's Memecoin Party Slowing. **Pump.fun's memecoin explosion is quickly slowing down, with the number of tokens launched and fees earned [falling](https://dune.com/hashed_official/pumpdotfun) to their lowest levels of the summer this weekend.
[](https://www.bankless.com/uniswap-extension-browser)

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    MARKET VIBES

  
  

  September Resurgence?
  
   
     
   
     
    
 

**📸 Daily Market Snapshot: **September has been a historically bearish month for crypto prices, but after a brutal August, many are hoping for a little respite. The chances of that could be promising, especially with the Fed expected to finally begin cutting interest rates this month, an expectation which has already led to renewed bullishness on Wall Street.

Prices as of 5pm ET
24hr
7d

 

       ![](https://banklesspublic.b-cdn.net/cmc.png)
    

  **Crypto**
   
          $2.06T
       

 
    
    ↗ 0.3%
    
    
  

  
    
    ↘6.8%
    
  

       ![](https://banklesspublic.b-cdn.net/btc.png)
    

  **BTC**
   
          $59,134
       

  
    
    ↗ 1.3%
  

   
    
    ↘6.7%
    
  

       ![](https://banklesspublic.b-cdn.net/eth.png)
    

  **ETH**
   
          $2,551
       

  
    
    ↗ 2.2%
    
  

   
    
    ↘5.0%
    
  

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    LATEST POD
    
    
  
  

The BITCOIN Act
  
  
 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/09/Group-18--8-.png)](https://www.bankless.com/u-s-strategic-btc-reserve-the-bitcoin-act-senator-cynthia-lummis)We sit down with U.S. Senator Cynthia Lummis, one of the most vocal advocates for Bitcoin in Washington. 

Senator Lummis discusses her groundbreaking proposal, "The BITCOIN Act," which aims to establish a strategic Bitcoin reserve for the United States. We dig into the details of the bill, including how it could address America's $35 trillion debt, the mechanics of converting gold certificates to Bitcoin, and the broader implications for the U.S. economy.

*Hear all of the analysis*!* *👇

[Watch the Episode](https://www.bankless.com/u-s-strategic-btc-reserve-the-bitcoin-act-senator-cynthia-lummis)[🔒 Listen to David & Ryan's Debrief](https://www.bankless.com/debrief-the-cynthia-lummis-interview)

.  .  .

 
  
    

TACTIC

  
  
    
   
Base's Best Token Launcher?
  
  
   
     
     Bankless Author: 
     
       [
       
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[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/09/image---2024-09-02T163611.423.png)](https://www.bankless.com/bases-best-token-launcher)Party makes it easy to create NFTs, launch a token, or squad up in an onchain collective. The platform supports multiple chains, but it’s becoming increasingly popular on Base as a **streamlined DIY hub for people looking to create and manage crypto projects from the ground up**. 

It’s a ripe time to take a closer look as Party just released not one but two excellent Base-centric upgrades: [Sets V2](https://x.com/prtyDAO/status/1828880094208897409) and [Tokens V2](https://x.com/prtyDAO/status/1826348616539144671).  

*Below, let’s go over how these newly updated features work and how you can get started using them on Base! *👇

[Read More on Bankless.com](https://www.bankless.com/bases-best-token-launcher)
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