In recent years, Bitcoin was often labeled a “safe-haven” asset, but that perception is changing. Traditionally, safe-haven assets like gold or government bonds hold value during economic turmoil. However, Bitcoin has faced declines alongside falling equity markets, contradicting its supposed safe-haven status. Experts argue that Bitcoin’s high volatility makes it more of a speculative asset, ...
Bitcoin’s price may see a significant shift as the U.S. debt suspension period ends on Friday, which could bring new liquidity into the markets. The U.S. Treasury reached its $36 trillion debt limit shortly after President Trump’s inauguration, leading to a pause in debt issuance that lasted for two months. During this time, Bitcoin’s value ...
Michael Saylor, the executive chairman of Strategy, recently suggested that the U.S. government might purchase 1 million Bitcoin to create a strategic reserve. This idea aligns with a proposal from Senator Cynthia Lummis and involves a gradual acquisition strategy over four years. During a Fox Business interview, Saylor highlighted the value of existing U.S. Bitcoin ...
On January 23, 2025, President Donald Trump signed an executive order to create a Strategic Bitcoin Reserve, fundamentally changing U.S. digital asset policy. This reserve will be funded by bitcoin seized from criminal cases, ensuring no cost to taxpayers. The U.S. government reportedly controls around 200,000 bitcoins, and the order aims to account for these ...
On March 6, 2025, the Texas Senate passed Senate Bill 21 with a strong 25-5 vote, allowing the state to establish a Bitcoin strategic reserve. Senator Charles Schwertner introduced the bill to enhance Texas’s financial stability through investments in Bitcoin, leveraging its decentralized nature and limited supply as a potential hedge against inflation. The proposed ...
MicroCloud Hologram, known by its stock ticker HOLO, has announced a significant investment of up to $200 million in Bitcoin and related cryptocurrency derivatives. As of February 28, the company has accumulated $8.13 million in dividends from its investments and currently holds $303 million in cash reserves. This strategic initiative aims to strengthen HOLO’s financial ...
The Swiss National Bank (SNB) firmly rejects the idea of including Bitcoin in its national reserves, citing issues such as high volatility and limited liquidity. This decision comes amidst rising advocacy for cryptocurrency, especially from cities like Zug and Lugano, which embrace digital currency innovations. SNB President Thomas Schlegel emphasizes the risks of accepting Bitcoin, ...
Swiss National Bank President Martin Schlegel has expressed strong opposition to the idea of making Bitcoin a reserve asset for Switzerland. He cites concerns over Bitcoin’s volatility, liquidity, and security risks, arguing that these factors make it unsuitable for maintaining the stability of the bank’s investments. This stance contrasts with proposals from the Swiss nonprofit ...
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 U.S. federal debt is on track to exceed its World War II levels, raising concerns about a potential debt crisis. Economists predict that while risks are present, a major crisis is unlikely as long as the U.S. maintains its strong institutions. Several scenarios pose risks, such as a major sell-off of treasury bonds or ...
