During the Paris Blockchain Week, executives from Messari and Sygnum expressed optimism about institutional Bitcoin adoption, forecasting a significant shift by late 2025. Despite current Market challenges due to U.S. trade tariffs, Messari’s CEO Eric Turner and Sygnum’s co-founder Thomas Eichenberger believe that as regulations evolve, banks will increasingly engage with cryptocurrencies. They noted that ...
According to Bitwise analyst Jeff Park, President Donald Trump’s trade policies are likely to trigger global economic turmoil and short-term financial crises. This turmoil might lead to increased demand for Bitcoin as a safe investment, as people seek alternative stores of value amidst weakening currencies. Park predicts that this rise in demand could significantly boost ...
A surge in corporate interest is predicted to bring Bitcoin onto the balance sheets of over 100 S&P 500 companies by 2030. Elliot Chun, a partner at Architect Partners, believes that treasury managers will feel compelled to engage with Bitcoin to stay competitive. Currently, only Tesla and Block hold Bitcoin, but many companies are eyeing ...
By 2030, about a quarter of companies in the S&P 500 may invest in Bitcoin, according to Elliot Chun from Architect Partners. He highlights that treasury managers are feeling pressure to consider Bitcoin investments to avoid job risks if their firms miss out on potential gains. While currently only Tesla and Block hold Bitcoin among ...
Institutional interest in Bitcoin within the European Union is lagging behind that of the United States, which is moving ahead with new cryptocurrency regulations. Although President Trump’s recent executive order aims to establish a federal Bitcoin reserve, European companies have been quiet about adopting Bitcoin. Experts suggest this reluctance is due to Europe’s complicated regulatory ...
Swiss National Bank President Martin Schlegel has expressed reluctance to adopt Bitcoin as a reserve asset for Switzerland. He cites concerns about Bitcoin’s volatility, liquidity issues, and security risks associated with its software reliance. Schlegel’s stance contrasts with a proposal from the Swiss nonprofit group 2B4CH, aiming to constitutionally require the bank to hold Bitcoin. ...
Senator Cynthia Lummis recently stated that U.S. states may adopt Bitcoin reserves before the federal government does. Speaking at the Bitcoin Investor Week conference, she expressed optimism that a state would establish a strategic Bitcoin reserve before any federal initiative. In July 2024, Lummis proposed the BITCOIN Act, which aims for the U.S. Treasury to ...
The Wyoming Highway Patrol Association is considering adding Bitcoin to its financial assets. They are partnering with the Proof of Workforce’s “Get Off Zero” program, which aims to educate groups about digital assets. If this plan goes ahead, it could be the first time a law enforcement association in the U.S. includes Bitcoin in its ...
The Texas Senate plans to hold a public hearing on February 18 to discuss creating a Bitcoin reserve, a move that analysts say may not have a significant impact unless there’s a clear investment plan announced. While this hearing is seen as a step towards Bitcoin’s recognition in institutional finance, experts warn it could be ...
El Salvador has recently bought 12 Bitcoin in just two days, increasing its total holdings to 6,044 BTC, worth around 610 million USD. This comes after an agreement with the International Monetary Fund (IMF) to cut back on its cryptocurrency policies, including making Bitcoin acceptance by businesses voluntary. Despite this, President Nayib Bukele’s government is ...
