U.S. Vice President: Bitcoin is mainstream — 100 million holders coming

- Soon 100 million Americans will hold Bitcoin prediction - Warning of $3 trillion loss due to cryptocurrency industry outflow [Unblock Media] U.S. Vice President JD Vance recently stated at a digital asset conference in Washington DC, "Soon 100 million Americans will hold Bitcoin," emphasizing the need for more progressive policies for the U.S. to maintain its leadership in the global cryptocurrency industry. In his speech, Vice President Vance warned, "We are effectively handing over a $3 trillion industry overseas. Losing technological primacy could also endanger America's financial hegemony." These remarks come as the Trump-Vance administration's stance on digital assets is gradually becoming more transparent. President Trump also indirectly acknowledged the value of decentralized crypto assets earlier this year by stating in a speech, "Central Bank Digital Currencies (CBDCs) could infringe the freedoms of Americans." Bitcoin (BTC) is currently trading at around $83,200 as of the end of May. However, CNBC recently warned in a research note that "There is a high likelihood of a correction down to $74,000 due to the technical overbought zone entry and the slowing inflow into ETFs (Exchange-Traded Funds)." Digital asset investment firm XBTO recently disclosed in a report that they are enhancing their portfolio defense through an "active management strategy combining spot BTC purchases with put options." On the policy front, the Senate recently passed the GENIUS Act (Guiding Emerging Networks and Innovation with Uniform Standards Act), marking the first step towards consistent legal definitions and tax regulations for crypto assets. However, the passage in the House is expected to face difficulties due to some opposition within the Democratic Party. Meanwhile, the White House announced that the Trump-Vance administration's Digital Asset Working Group plans to draft regulatory guidelines within the year. The working group will collaborate with regulatory agencies such as the SEC (Securities and Exchange Commission), CFTC (Commodity Futures Trading Commission), Treasury Department, and OCC (Office of the Comptroller of the Currency) to design regulations for DeFi (decentralized finance), stablecoins, and asset tokenization. JD Vance's remarks are interpreted not just as political rhetoric but as signals of a possible policy shift in the U.S. The "100 million holders" he mentioned is not merely a symbolic number but also a political declaration that Bitcoin is no longer a peripheral asset.