ChainCatcher news, according to thecryptobasic, after Trump's victory in the election, at least three states—Pennsylvania, Texas, and Ohio—are considering adopting a unique framework to establish their own Bitcoin reserves. Centrifuge's General Counsel Eli Cohen asserted in a recent interview that this development is very beneficial for the crypto market.As experts continue to debate the feasibility of implementing this at the federal level and its potential market impact, some states may be seeking to join in. It is reported that Trump made bold claims about establishing a federal strategic Bitcoin reserve during his campaign, and with the inauguration of the incoming president approaching, several states are already considering testing the waters.

ChainCatcher news, according to Coinpost, the Japanese government has officially responded to the inquiry by Senator Akira Hamada regarding "the promotion of Bitcoin reserves by the United States and other countries." Hamada previously stated on December 11 that "Japan should follow the example of the United States and other countries and consider converting part of its foreign exchange reserves into Bitcoin and other crypto assets."In response, the Japanese government stated that it has not yet fully grasped the relevant movements of the United States and other countries, believing that discussions in other countries about introducing Bitcoin reserves are still ongoing, and "the government finds it difficult to take a position on specific situations." According to the legal framework of special accounting operations, "crypto assets do not fall under foreign exchange," and the current foreign exchange reserves aim to maintain the stability of foreign currency assets and foreign currency bond markets.The defense document repeatedly emphasizes that special accounting operations will prioritize ensuring the safety and liquidity of foreign exchange reserves, implying that the volatility of crypto assets like Bitcoin does not align with the current system.

ChainCatcher news, according to Coinpost, the Japanese government has made an official response to Senator Akira Hamada's inquiry regarding "the promotion of Bitcoin reserves by the United States and other countries." Akira Hamada previously suggested on December 11 that "Japan should follow the example of the United States and other countries and consider converting part of its foreign exchange reserves into Bitcoin and other crypto assets."In response, the Japanese government stated that it has not yet fully grasped the relevant movements of the United States and other countries, believing that discussions in other countries about introducing Bitcoin reserves are still ongoing, and "the government finds it difficult to take a position on specific situations." According to the legal framework governing special accounting operations, "crypto assets do not fall under foreign exchange," and the current foreign exchange reserves aim to maintain the stability of foreign currency assets and foreign currency bond markets.The response document repeatedly emphasizes that ensuring the safety and liquidity of foreign exchange reserves is the top priority of special accounting operations, implying that the volatility of Bitcoin and other crypto assets is not compatible with the current system.

ChainCatcher news, according to Cointelegraph, Binance's Bitcoin reserves have fallen below 570,000, hitting a new low since January of this year. Data shows that after a similar reserve level in January, Bitcoin's price rose by 90% in March.CryptoQuant analyst Darkfost pointed out that a decline in exchange reserves usually indicates that investors are moving Bitcoin to cold wallets, optimistic about its long-term development. "When there is a large-scale withdrawal, it usually means the market is accumulating positive momentum," Darkfost said.

ChainCatcher news, Trump publicly supports the Bitcoin reserve plan, pushing the U.S. government to accumulate Bitcoin as a strategic asset. The plan has received support from political figures including Porter and Lummis, and has sparked bipartisan interest. Trump's endorsement gives political momentum to this previously marginalized concept, marking a watershed moment in the cryptocurrency market.California Democratic Congressman and Wyoming Republican Senator propose to include Bitcoin in the U.S. reserve assets, partially relying on America's gold reserves. However, critics argue that this could reinforce the U.S. financial dominance and pose a challenge to the decentralized nature of Bitcoin. Nevertheless, supporters believe this initiative helps address the debt crisis and promotes global financial innovation.

ChainCatcher news, Robinhood CEO Vladimir Tenev stated during his guest appearance on Anthony Pompliano's podcast that the company has discussed the issue of holding Bitcoin internally, but there are no plans to maintain BTC reserves.He said, "We wouldn't rule that possibility out. So far, we haven't done that, and we're not in the business of being investment managers." The CEO continued to state that although Robinhood has not followed in the footsteps of companies like MicroStrategy and Tesla by adding Bitcoin to its balance sheet, the stock price of his company "has been highly correlated with Bitcoin even though we haven't added Bitcoin to our inventory." Robinhood's stock (ticker: HOOD) has risen 202% this year, while Bitcoin's return so far this year is 110%.

ChainCatcher news, Forbes senior contributor Leeor Shimron has released the seven major trend predictions for the cryptocurrency industry in 2025. The report indicates that following the approval of the Bitcoin ETF in 2024 and the milestone of surpassing $100,000, the cryptocurrency industry will usher in a new round of development opportunities in 2025.Specific predictions include:The G7 or BRICS countries will establish strategic Bitcoin reserves;The market capitalization of stablecoins will double to $400 billion;The Bitcoin DeFi ecosystem will achieve rapid growth through L2 networks (such as Stacks, BOB, Babylon), with the locked value expected to exceed the current $24 billion in cross-chain wrapped Bitcoin;Cryptocurrency ETF products will expand to include Ethereum staking and Solana among other sectors;Tech giants like Apple and Microsoft may follow Tesla's lead in increasing their Bitcoin holdings;The total market capitalization of the cryptocurrency market will surpass $8 trillion;An improved regulatory environment in the United States will drive a resurgence in cryptocurrency entrepreneurship.The report believes that with the new SEC Chairman Paul Atkins taking office and the end of Operation Chokepoint 2.0, the United States will once again become the global center of cryptocurrency innovation. This new round of development will be driven by institutional capital entering the market, DeFi innovations, and clearer regulations.

ChainCatcher news, according to Beincrypto, asset management company VanEck predicts that by adopting a strategic Bitcoin reserve, the U.S. could reduce its national debt by 36% by 2050. This view echoes Senator Cynthia Lummis's Bitcoin bill, which proposes that the U.S. accumulate 1 million Bitcoins within five years to alleviate the debt burden.VanEck's analysis indicates that if the debt increases at an annual growth rate of 5%, while Bitcoin appreciates at 25% annually, by 2049, Bitcoin investments could reduce U.S. debt by approximately $42 trillion, with Bitcoin's value reaching $42 million, making it an important asset in global finance. Additionally, VanEck expects that by 2049, Bitcoin will account for 18% of global financial assets.VanEck's research director Mathew Sigel believes that Bitcoin has the potential to reshape the global financial landscape, becoming a currency for global trade settlements and providing an alternative to the dollar, especially in countries under U.S. sanctions. VanEck suggests that the Trump administration adjust its policies to utilize the Foreign Exchange Stabilization Fund to purchase Bitcoin.

ChainCatcher news, Hut 8, a Nasdaq-listed Bitcoin mining company, CEO Asher Genoot explained on the X platform why the company chose to establish a strategic Bitcoin reserve. He stated: "Fundamentals-first operating strategy + proactive capital management = exceptional value creation potential."According to a screenshot shared by Asher Genoot, Hut 8's strategic Bitcoin reserve supports a flywheel effect, combining capital and operational strategies to accelerate value creation across the business. Its capital strategy includes: allocating capital to projects with high ROIC, capturing BTC price increases and strengthening the balance sheet, increasing strategic BTC reserves through low-cost production and strategic market purchases, and focusing on delivering exceptional long-term returns to shareholders; its operational strategy includes: scaling up and expanding geographic reach, developing a digital infrastructure platform, increasing BTC mining scale, and reducing BTC mining costs.

ChainCatcher news, according to CNBC, MicroStrategy co-founder and executive chairman Michael Saylor stated: "I believe Trump is serious about establishing a National Bitcoin Reserve."Yesterday's news, Michael Saylor released a digital asset framework that includes a strategic Bitcoin reserve, highlighting the opportunity to position the United States as a global leader in the 21st-century digital economy.In the proposal, he stated: "By establishing a clear taxonomy, a legitimate rights framework, and practical compliance obligations, the United States can lead the global digital economy. A capital market revival driven by digital assets will unlock trillions of dollars in wealth, empower millions of businesses, and solidify the dollar's position as the foundation of the 21st-century digital financial system."

ChainCatcher news, according to a post by Cointelegraph on X platform, Senator Cynthia Lummis recently stated that the purpose of a strategic Bitcoin reserve is "to clearly and strategically pay down the government debt hanging over every American."

ChainCatcher news, according to Cointelegraph, U.S. Senator Cynthia Lummis stated that the purpose of a strategic Bitcoin reserve is to "clearly and strategically pay off the government debt hanging over every American."

ChainCatcher news, MicroStrategy founder Michael Saylor has released a digital asset framework that includes a strategic Bitcoin reserve. A strategic digital asset policy can strengthen the dollar, eliminate national debt, and position the United States as a global leader in the 21st-century digital economy.