US Senator Cynthia Lummis has reignited speculation that the United States 
could move to materially increase its Bitcoin holdings, after posting a 
Bitcoin-themed image on X with the caption: “₿ig things coming for Franklin!” 
Lummis Revives Strategic Bitcoin Reserve Hype The image is drawn as a 
children’s book cover titled “FRANKLIN BUYS BITCOIN AND FINDS FINANCIAL 
FREEDOM.” At the center sits Franklin, a cartoon turtle in a backwards red cap 
and bandana, seated at a wooden desk. In front of him is a laptop emblazoned 
with the orange Bitcoin logo, clearly signaling that he is using Bitcoin- 
related software or services—most obviously, buying or managing BTC. 
Franklin’s eyes project bright “laser beams” at the screen, echoing the well- 
known “laser eyes” meme in Bitcoin culture. Related Reading: Bitcoin Blasts To 
$92,000, Liquidating $182 Million In Shorts On the desk lie physical coins 
stamped with the Bitcoin symbol, and a glass jar filled with more of these 
Bitcoin coins. The jar seems to function as a visual metaphor for saving and 
stacking sats over time. The subtitle “and finds financial freedom” explicitly 
connects Bitcoin accumulation with the idea of long-term economic sovereignty. 
Bitcoin-focused accounts immediately interpreted the post as a policy signal 
rather than a simple meme. Bitcoin Magazine summarized the moment as: “JUST 
IN: US Senator Cynthia Lummis hints at buying Bitcoin”. Bitcoin Archive went 
further, claiming: “JUST IN: US Senator Cynthia Lummis hints at a potential US 
Bitcoin buy. Senator Lummis has recently submitted legislation to have the US 
government buy 1 million Bitcoin.” Related Reading: Bitcoin And The 2026 Fed 
Shift: Expert Says Markets Aren’t Ready That reading is consistent with 
Lummis’ own public rhetoric. On November 5 she wrote via X: “I truly believe 
the Strategic Bitcoin Reserve is the only solution to offset our national 
debt. I applaud @POTUS and his administration for embracing the SBR, and I 
look forward to getting it done.” Her legislation has pushed for a formal US 
Strategic Bitcoin Reserve and explicitly contemplated the government holding 
up to 1 million BTC over time. The meme also lands after President Trump’s 
executive order from March this year establishing a Strategic Bitcoin Reserve 
framework. While it has become very quiet around the topic, US Treasury 
Secretary Scott Bessent recently attended the opening of the Bitcoin bar 
PubKey in Washington. For many in the market, those developments, combined 
with Lummis’ latest post, suggest that concrete steps toward expanding US 
Bitcoin reserves may be progressing quietly in the background. So far, 
however, there has been no official confirmation of state-level Bitcoin 
purchases. For now, Franklin remains a symbolic turtle with laser eyes at a 
Bitcoin laptop—but in a market hyper-attuned to political signals, Lummis’ 
image is being read as the clearest hint yet that the United States could one 
day be the largest sovereign Bitcoin buyer. At press time, Bitcoin traded at 
$93,381. Featured image created with DALL.E, chart from TradingView.com

US Sen. Lummis Hints At US Bitcoin Buy With ‘Franklin’ Meme

Chorus One and Bitget launch institutional-grade Monad staking for 120m users, 
locking $6m in a week and targeting secure crypto adoption in emerging 
markets. Chorus One has announced a partnership with cryptocurrency exchange 
Bitget to provide institutional-grade staking services for…

Monad staking launches on Bitget via Chorus One, $6m locked in first week

XRP price is edging towards a key support level as short positioning grows and 
on-chain activity rises. XRP traded at $2.13 at press time after slipping 1.3% 
in the past day, extending a week of steady weakness that pushed it…

XRP price slides back towards key support — will rising short interest force a retest of $1.90?

Zcash price has stabilized at a key 0.618 Fib support, with Altcoin Sherpa 
eyeing a relief rally if buyers hold the level and volume confirms demand. 
Zcash price has stabilized following a sharp decline in early December, with 
the cryptocurrency…

Zcash price bounce setup: Altcoin Sherpa eyes relief rally from 0.618 Fib support

Law and Ledger is a news segment focusing on crypto legal news, brought to you 
by Kelman Law – A law firm focused on digital asset commerce. Applying the 
Howey Test Following our Introduction, posted last week, today’s article is 
Part I of our multi-article series: Is Crypto a Security? The opinion 
editorial below was […]

Cryptocurrency price in USD