Donald Trump and Bitcoin:
Reports suggest that former U.S. President Donald Trump aimed to push Bitcoin prices to $150,000 during the early days of his presidency. This highlights a potential shift in his stance toward cryptocurrencies, despite his public skepticism at the time.
MicroStrategy’s Bitcoin Holdings:
MicroStrategy announced the acquisition of an additional 21,550 Bitcoins, bringing its total holdings to a staggering 423,650 BTC. This cements the company’s position as one of the largest institutional Bitcoin holders globally.
Eric Trump’s Bold Prediction:
Eric Trump, son of Donald Trump, predicted that Bitcoin could reach a valuation of $1 million. He referred to the cryptocurrency as a key player in a new financial paradigm, further sparking interest in the future of digital assets.
Argentina Embraces Bitcoin:
Argentina's president unveiled plans to allow Bitcoin for transactions nationwide by 2025. This move could transform the country's financial system, especially given Argentina’s history of inflation and currency devaluation.
Vancouver Becomes Bitcoin-Friendly:
The Vancouver City Council approved a motion to position the city as a Bitcoin-friendly hub. This includes initiatives to integrate Bitcoin into local businesses and infrastructure, signaling growing municipal adoption of crypto.
Crypto-Friendly Banking in Czech Republic:
The Czech Republic passed a groundbreaking bill enabling cryptocurrency companies to freely open bank accounts. This regulatory shift could make the country a hotspot for blockchain startups.
Bhutan’s Bitcoin Transfer:
The Kingdom of Bhutan transferred 406.074 Bitcoins, valued at $40 million, to Singapore-based QCP Capital. This reflects Bhutan’s continued involvement in the crypto space as part of its sovereign wealth strategy.
Microsoft Rejects Bitcoin Investment Proposal:
Microsoft shareholders voted against a proposal to invest in Bitcoin, with only 0.55% in favor. The decision underscores the tech giant’s cautious stance toward direct crypto investments despite blockchain’s growing influence.
Ray Dalio’s Investment Advice:
Renowned investor Ray Dalio advocated for investing in gold and Bitcoin as hedges against rising global debt risks. His statement highlights the increasing appeal of alternative assets during economic uncertainty.
CZ on Bitcoin Reserves for Nations:
Binance CEO Changpeng Zhao (CZ) emphasized that establishing Bitcoin strategic reserves is inevitable for smaller nations. He argued that holding Bitcoin could strengthen economic resilience and sovereignty.
Crypto Fund Ads on Alipay:
Alipay, China’s leading digital payment platform, featured cryptocurrency fund advertisements on its homepage. However, a daily purchase limit of ¥1,000 (approximately $140) was set, reflecting regulatory caution in China’s crypto market.