Bitcoin: Something big is coming for Bitcoin (BTC), and it’s not another price spike or tech upgrade, it’s political, as per a report.

Major Political News Expected to Impact Bitcoin This Week

That’s according to Dennis Porter, CEO and co-founder of theSatoshi Action Fund, who has spent the weekend building anticipation across social media for what he calls a game-changing moment for Bitcoin’s future in the United States, as per a report.

Dennis Porter Signals a Historic Moment for Bitcoin in the US

“MASSIVE POLITICAL NEWS COMING FOR BITCOIN TUESDAY THAT WILL RESHAPE THE TRAJECTORY OF BITCOIN POLITICS. THIS WILL BE A DEFINING MOMENT,” Porter wrote on September 21 in a post that went viral on X (formerly Twitter), drawing close to a million views.
Porter followed up just hours later with even more hype: “Less than 48 hours until AMAZING news that could change the history of crypto and Bitcoin. See you this Tuesday,” as quoted in The Street report.ALSO READ:$1.5 billion liquidated in Crypto market’s biggest selloff since March, Ether and Bitcoin fall

He hasn’t revealed exactly what’s coming, but he’s made it clear he believes this is a moment the crypto world won’t forget.

“They really do not understand how big this is,” he wrote on Sunday, doubling down on the scale of what’s ahead, as per The Street report.

Crypto analyst Wendy O echoed the sentiment, warning followers not to fixate on short-term price moves, saying, “They don’t and it’s so funny because everyone thinks it’s about price and they’re not thinking long-term about the foundation that’s being built. Price is irrelevant,” as quoted in the report.

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Speculation Grows Around Potential Bitcoin Legislation

With no details confirmed, the crypto community has been left to speculate. Some believe Porter may be teasing the introduction of theBitcoin Strategic Reserve Act, a potential federal bill that would allow the US to hold Bitcoin as a national asset, similar to gold, as per The Street report.

Others are pointing to the CLARITY Act, a bipartisan bill designed to limit SEC overreach and bring clearer rules for Bitcoin custody and ETFs, as per the report.

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Whatever the announcement is, Porter believes it marks a turning point in Bitcoin’s relationship with Washington, moving from the sidelines of political conversation to the heart of federal decision-making.

The Satoshi Action Fund, which Porter co-founded, has already helped pass nine pro-Bitcoin bills in state legislatures, and he has also previously teased “huge news coming this month for the protection of Bitcoin developers,” as quoted by The Street.

FAQs

What’s the big news coming on Tuesday for Bitcoin?
No one knows for sure yet, but it’s expected to be major political news for Bitcoin.

Could the U.S. really hold Bitcoin like gold?
That’s the idea behind the Bitcoin Strategic Reserve Act.