{ }
Institutional investors now hold 31% of all known Bitcoin, a significant rise from 14% in 2023, driven by spot Bitcoin ETFs, government acquisitions, and MicroStrategy's extensive purchases, which total over 440,000 BTC. The U.S. government leads with 198,109 BTC, while China and Bhutan also maintain substantial holdings. Collectively, institutions and governments control about 2.45% of Bitcoin's circulating supply, valued at approximately $49.36 billion.
Bitcoin has surged to a record high of $106,533, with large wallet holders increasing by 9.9% since October 10, reflecting growing confidence among institutional investors. The total cryptocurrency market cap has reached $3.8 trillion, with Bitcoin gaining 65% in Q4. Speculation around a U.S. Bitcoin reserve and comments from global leaders highlight Bitcoin's rising significance, despite concerns over market stability.
El Salvador is set to revise its Bitcoin law, making its use voluntary, as it approaches a $1.3 billion IMF loan deal amid economic pressures. The country has partnered with Argentina to enhance crypto regulation in Latin America, aiming to share expertise and promote innovation in the sector. Despite the shift, El Salvador remains a significant Bitcoin holder, with 5,942 BTC valued at $600 million.
Gracy Chen, CEO of Bitget, highlights Bitcoin's growing appeal as a hedge against inflation and its increasing institutional acceptance, evidenced by significant ETF inflows and purchases by firms like MicroStrategy. She emphasizes the potential of projects like the TON blockchain and discusses Bitcoin's evolving role alongside gold, suggesting they may complement rather than replace each other. Chen also notes the surge in retail and institutional participation in crypto, driven by innovative platforms and the potential geopolitical implications of a U.S. national Bitcoin reserve proposal.
Bitwise predicts significant price surges for Bitcoin, Ethereum, and Solana by 2025, forecasting Bitcoin to reach $200,000, Ethereum $7,000, and Solana $750. The asset manager anticipates increased inflows from Bitcoin ETFs and a doubling of countries holding Bitcoin, alongside a wave of crypto IPOs in a favorable regulatory climate.
On his final day as the Reserve Bank of India governor, Shaktikanta Das emphasized the transformative potential of a home-grown central bank digital currency (CBDC), the digital rupee. He highlighted India's pioneering role in CBDC development, contrasting it with the slow progress of other central banks globally. Das advised a cautious approach to implementing a system-wide CBDC, advocating for gradual introduction based on user data from pilot projects, while expressing confidence in its future role in domestic and cross-border payment systems.
The Royal Government of Bhutan has transferred 502 Bitcoin, valued at approximately $49 million, to Binance and QCP Capital as part of a strategic sell-off aimed at maximizing earnings amid market fluctuations. Since October, Bhutan has sold 1,696 BTC for $139 million, while still holding 11,688 BTC worth over $1.15 billion, positioning itself among the top five countries in crypto ownership. This calculated approach highlights the potential for governments to leverage digital assets within their economic strategies, especially during favorable market conditions.
Google's quantum chip, Willow, has achieved 105 qubits but still falls short of the 1 million qubits needed to crack Bitcoin's encryption. Despite advancements in quantum computing, experts assert that Bitcoin remains secure for now, though discussions on post-quantum cryptography are becoming increasingly relevant. Countries like the U.S., Bhutan, and El Salvador are exploring Bitcoin as a strategic reserve, with the U.S. holding over 198,000 BTC.
A sharp crypto market correction resulted in $1.7 billion in liquidations within 24 hours, with Bitcoin dropping to $94,100 and Ethereum falling 8% below $3,800. Speculation surrounds the impact of Google's new quantum chip, 'Willow,' on crypto security, although experts assert that current threats remain minimal. Meanwhile, Bhutan transferred 406 Bitcoin to QCP Capital, raising concerns about its market influence.
The Canton of Bern has passed a bill to study the impact of Bitcoin mining on the local power grid, receiving 85 votes in favor. The initiative, led by MP Samuel Kullmann, aims to explore how mining can utilize surplus electricity and stabilize energy supply, despite concerns from the Executive Council about competition for resources and regulatory challenges. This move positions Switzerland as a crypto-friendly nation, reflecting a growing interest in innovative energy solutions.

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Address

Newsletter

© 2025 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings

Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.