Bitcoin reserves interest gains momentum across 5 continents
Politicians globally are arguing that a Bitcoin reserve would benefit their country. Source link
Bitcoin exchange reserves near 7-year low as hedge funds buy the dip
Despite a potential supply shock-driven rally, Bitcoin currently lacks trading volume to recapture the $100,000 resistance, analysts told Cointelegraph. Source link
More and more companies choose Bitcoin as the prime asset for corporate reserves
On Dec. 30, 2024, an education tech company, Genius Group Ltd, bought $10 million worth of Bitcoin. The company aims to convert 90% of its funds to BTC. Lately, more and more companies around the world have chosen Bitcoin as the prime asset in the corporate treasury. Genius Group Bitcoin reserve While many countries are […]
US-based Bitcoin reserves flipped foreign holdings, now 65% greater
Bitcoin held by U.S. firms far exceeded reserves boasted by offshore counterparts as spot ETFs and Trump’s win unlocked a wave of capital. According to CryptoQuant analysis, Bitcoin (BTC) reserves domiciled in the U.S. outpace holdings in offshore control by 65%. Data shows the ratio of U.S. entities’ BTC treasuries versus tokens owned by non-U.S. […]
WIF price falls, whale buys the dip, CEX reserves fall, risks remain
Dogwifhat price crashed below the key support at $2 this week, mirroring the performance of Bitcoin and other Solana meme coins. Dogwifhat (WIF), one of the largest meme coins on the Solana network, tumbled to a low of $1.8520, marking a drop of over 61% from its peak in November. The decline in WIF’s price […]
Swiss chancellery registers proposal to add Bitcoin to national reserves
A proposition to add Bitcoin to Switzerland’s national reserves has been set in motion by the Swiss Chancellery. Proposed by a coalition of ten Swiss crypto advocates, including Tether’s Vice President of Energy and Mining Giw Zanganeh and Swiss think tank 2B4CH founder Yves Bennaïm, the initiative needs 100,000 signatures to advance a constitutional amendment […]
Bitcoin targets $120K in January amid record Binance stablecoin reserves
Bitcoin analysts predict a rally to $120,000 during the first month of 2025, with nearly $45 billion worth of stablecoin reserves awaiting deployment on Binance. Source link
Franklin Templeton predicts Bitcoin reserves to expand globally in 2025
Politicians in Germany and Hong Kong have signaled their interest in adopting strategic Bitcoin reserves for their nations. Source link
Hong Kong lawmaker wants to add Bitcoin to national reserves to boost financial security
Hong Kong legislator Wu Jiexhuang suggested the region should start adding Bitcoin to its national reserves as a way to boost financial security. According to the local newspaper Wen Wei Po, Wu said Hong Kong regulators should study the impact of U.S-issued Bitcoin exchange-traded funds on the market as a starting point before they decide […]
Hong Kong legislator proposes adding Bitcoin to national reserves
A Hong Kong legislator has proposed leveraging the “one country, two systems” framework to add Bitcoin to its national reserve for financial stability. Source link
