Bitcoin Reserves | ForkLog

ForkLog 56 30.01.2025

El Salvador Revises Bitcoin Strategy Following IMF’s Directive

El Salvador’s Congress swiftly approved a bill to amend the country’s bitcoin strategy, in line with agreements with the IMF. This was reported by Reuters. According to the news agency, lawmakers ratified the document “within minutes” of receiving it from President Nayib Bukele. The majority in Congress are members of his party, “New Ideas.” In […]

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ForkLog 28 29.01.2025

Czech National Bank Chief Proposes Bitcoin Investment for State Reserves

The board of directors of the Czech National Bank (CNB) is set to consider diversifying the state reserve by investing in Bitcoin. This initiative was proposed by the head of the regulator, Aleš Michl, according to the Financial Times. He suggests allocating up to 5% of the €140 billion reserves into the leading cryptocurrency, acknowledging […]

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ForkLog 11 28.01.2025

Standard Chartered says buy bitcoin on weakness

Analysts expect a shift from a “loss-of-hope” phase to “buying the dip”. The 30 January meeting of the the Fed and Big Tech earnings will be pivotal for market direction. Arizona’s Senate Finance Committee has passed a bill to create a bitcoin reserve. Bitcoin’s slide, driven by the DeepSeek factor, should be viewed as a […]

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ForkLog 32 24.01.2025

White House working group to assess a national crypto reserve

US president Donald Trump signed an executive order establishing a working group on digital-asset markets. The body will be led by the special adviser on AI and cryptocurrencies, David Sacks. ?NEW: Here’s the official #crypto EO text from the @WhiteHouse website. ??https://t.co/59XVrJtsRa https://t.co/ZZkFMPgkTD pic.twitter.com/Z27s8a6Pnr — Eleanor Terrett (@EleanorTerrett) January 23, 2025 Among others, the group […]

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ForkLog 32 22.01.2025

Morgan Creek CEO Discusses Potential XRP Integration into US Banking System

Beyond Bitcoin, the US national reserve might include other cryptocurrencies such as XRP, ADA, and HBAR. This perspective was shared by Morgan Creek CEO Mark Yusko during an appearance on the Good Morning Crypto show. He noted that the founders of these projects aim to “establish contact” with Donald Trump’s circle, particularly his son Eric. […]

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ForkLog 35 22.01.2025

MARA Advocates for Bitcoin Reserve Across the United States

The mining firm MARA is pushing for the implementation of a strategic Bitcoin reserve across all 50 states and by the federal government of the United States, according to the company’s CEO, Fred Thiel. Focusing now on bringing the Strategic Bitcoin Reserve (aka SBR) to all 50 states and the Federal government. https://t.co/7dzxWohFpm — Fred […]

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ForkLog 23 21.01.2025

MicroStrategy Acquires 11,000 BTC for $1.1 Billion

Between January 13 and 20, MicroStrategy acquired an additional 11,000 BTC for approximately $1.1 billion at an average price of around $101,191 per bitcoin. MicroStrategy has acquired 11,000 BTC for ~$1.1 billion at ~$101,191 per bitcoin and has achieved BTC Yield of 1.69% YTD 2025. As of 1/20/2025, we hodl 461,000 $BTC acquired for ~$29.3 […]

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ForkLog 24 17.01.2025

Public bitcoin miners’ reserves approach 100,000 BTC

As of December 2024, publicly listed mining firms held more than 92,000 BTC on their balance sheets, a record high, according to TheMiningMag. Year on year, the figure rose by about 136% from just over 39,000 BTC. The increase was partly driven by MARA, Riot Platforms and Hut 8 shifting to a strategy of buying […]

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ForkLog 63 16.01.2025

Bitwise says a national government is weighing bitcoin ETFs

At least one unnamed country has shown interest in investing in the first cryptocurrency via exchange-traded funds (ETFs), according to Bitwise CEO Hunter Horsley. We just provided some information for a nation state asking about Bitcoin ETFs. Considering moving some exposure from foreign currency govt bonds into BTC. Bitcoin is entering a new chapter — […]

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ForkLog 21 16.01.2025

HashKey Group sees bitcoin at $300,000 in 2025

In 2025, the prices of bitcoin and Ethereum will surpass $300,000 and $8,000, respectively. These projections appear in 10 crypto predictions for the year from HashKey Group. According to the firm’s experts, the market capitalisation of digital assets will rise to $10trn. Among 50,000 community participants of the newly launched L2 called HashKey Chain, this […]

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ForkLog 23 14.01.2025

Bitwise forecasts a surge in corporate bitcoin buying

Adding bitcoin to corporate balance sheets, following MicroStrategy’s lead, is an “overlooked megatrend” that could “lift the entire market”, wrote Bitwise CIO Matt Hougan. He predicts that over the next 12–18 months “hundreds” of enterprises will buy bitcoin for their reserves. He highlighted three reasons why most investors underestimate the trend. The MicroStrategy effect is […]

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ForkLog 43 14.01.2025

Intesa Sanpaolo, Italy’s largest bank, buys 11 BTC

On January 13, Intesa Sanpaolo bought 11 BTC for about €1m. The deal was the Italian lender’s first direct cryptocurrency transaction, reports Wired Italia. News of the purchase by the country’s largest bank emerged from leaked internal staff correspondence. According to journalists’ findings, Intesa Sanpaolo executed the trade at a bitcoin price in the €89,000–91,000 […]

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