ChainCatcher news, according to The Block, Katalin Tischhauser, head of investment research at Swiss crypto bank Sygnum, has released a new research report predicting that for every $1 billion invested in the U.S. strategic Bitcoin reserve, the market capitalization of Bitcoin will increase by approximately $20 billion through a multiplier effect. This 20-fold multiplier effect prediction is based on observational data during the funding inflow period in 2024.The report points out that due to the limited supply of Bitcoin liquidity, new demand will trigger significant upward price shocks, with $19 billion of the increase coming from demand shocks and limited supply squeeze effects.Tischhauser stated that the first and second rounds of $1 billion inflows will mainly absorb existing demand, while the third and fourth rounds of inflows will face a more constrained supply environment, thereby accelerating price increases. Additionally, net demand from various sources, including state governments seeking reserve assets, large institutional investor allocations, and corporate treasury activities, could drive this market effect.It is worth noting that Trump established the Digital Asset Market Presidential Working Group in his first week in office, one of its tasks being to assess the feasibility of the U.S. strategic Bitcoin reserve.

ChainCatcher news, according to Polymarket data, the probability of the United States establishing a Bitcoin reserve in 2025 has risen to 47%.Previously, the head of cryptocurrency affairs in the U.S., David Sacks, stated at a press conference that evaluating Bitcoin reserves is one of the top priorities for the government's internal working group.

ChainCatcher news, according to The Block, during a Washington press conference held on Tuesday with leaders of key congressional committees, President Donald Trump's newly appointed "Head of Cryptocurrency Affairs" David Sacks outlined the new administration's broad pro-cryptocurrency agenda. When asked about the role of cryptocurrency in the recently proposed U.S. sovereign wealth fund, Sacks revealed that evaluating the potential for Bitcoin reserves is a top priority for the internal working group.In response to a reporter's question, Sacks stated, "We are still waiting for some cabinet members in the working group to be confirmed, but once confirmations are in place, one of our top priorities will be to assess the feasibility of Bitcoin reserves." He added that the sovereign wealth fund is a different concept, and Trump-nominated Secretary of Commerce Howard Lutnick will be responsible for this matter.

ChainCatcher news, according to Cointelegraph, Trump's cryptocurrency advisor David Sacks was asked during a Fox News television interview when the United States would announce a strategic Bitcoin reserve. David Sacks stated, "Trump has asked us to look into this issue, and it is one of the matters we are currently examining."

ChainCatcher news, U.S. Senator Cynthia Lummis stated in a post on X that one of her top priorities will be to hold a public hearing on strategic Bitcoin reserves.

ChainCatcher news, according to Cointelegraph, Texas Lieutenant Governor Dan Patrick announced the state's legislative priorities for 2025, which include a proposal to establish a Texas Bitcoin reserve.Texas joins at least five other states in the U.S. that are pushing to establish Bitcoin (BTC) or cryptocurrency reserves, including Arizona and Utah, where strategic reserve bills have passed in committee.

ChainCatcher news, according to compliance prediction market Kalshi data, the probability that "Trump will create a national Bitcoin reserve this year" is currently reported at 53%. It previously rose to 69% on January 18.It is reported that Trump's eldest son, Donald Trump Jr., announced on October 13 that he would serve as a strategic advisor for the prediction market Kalshi.

ChainCatcher news, U.S. Senator Cynthia Lummis stated, "Digital assets are the future. If the United States wants to maintain its global leadership in financial innovation, Congress urgently needs to pass bipartisan legislation to establish a comprehensive legal framework for digital assets and strengthen the dollar through strategic Bitcoin reserves. I am honored that many colleagues will place their trust in me as the chair of the U.S. Senate Banking Committee's Digital Assets Subcommittee. I look forward to advancing bipartisan legislation to be submitted to President Trump’s desk this year to ensure our financial future."

ChainCatcher message, Zhao Changpeng forwarded Lummis's tweet about being appointed as the chair of the U.S. Senate Banking Committee on Digital Assets, stating: "The U.S. strategic Bitcoin reserve is almost confirmed. Cryptocurrency is moving forward at crypto speed again."

ChainCatcher message, according to Polymarket data, the probability of "Will Trump create a Bitcoin reserve in his first week in office" on the platform has dropped to 3%, while this figure reached 23% on Trump's inauguration day.

ChainCatcher news, BitMex co-founder and former CEO Arthur Hayes stated: "I don't think Trump will move to establish a Bitcoin reserve. After all, I don't see the point of borrowing money to buy Bitcoin on any of Trump's platforms."He said: "Before destroying the bond market, you have so much borrowing power. Would you borrow money to buy Bitcoin? Would you borrow money to provide healthcare for the elderly who vote for you, or to make more bombs so that the defense lobby likes you? You can borrow money to buy many different things. I just don't think he would spend money on Bitcoin. While Bitcoin supporters believe Bitcoin is important, there are many other stakeholders who want borrowed money to end up in their pockets."Regarding the implementation of a Bitcoin reserve, Hayes said, "I hope I'm wrong." But he pointed out that there is limited time before the midterm elections, which may restrict the ability to implement significant policy changes, and there are many other things that need time and budget allocation.

ChainCatcher news, according to Bitcoin News, Italian MP Marcello Coppo stated that if the United States establishes a Bitcoin strategic reserve, it is not far-fetched for other countries to follow suit.However, he believes that Italy does not have the conditions to establish such reserves in the coming months.

ChainCatcher news, according to Bitcoin News, MicroStrategy founder Michael Saylor met with French representative Sarah Knafo from the European Parliament to discuss the future of Bitcoin in France.ChainCatcher previously reported that Sarah Knafo, a Member of the European Parliament (MEP) from France, delivered a speech urging the EU to adopt a "strategic Bitcoin reserve" as part of broader measures to promote financial autonomy and combat inflationary pressures. Knafo is a local judge in France and a member of the Court of Auditors, with a background in public service and political consulting.

ChainCatcher news, according to compliance prediction market kalshi data, the probability that "Trump will create a national Bitcoin reserve this year" has risen to 68.8%. Previously, on January 10, when the crypto market hit bottom, the probability was only 40%.

ChainCatcher news, according to CoinDesk, Wintermute predicts that by 2025, cryptocurrency will become more deeply integrated into traditional finance (TradFi) through exchange-traded funds (ETFs) and corporate holdings.The UAE and Europe may follow the US in establishing BTC strategic reserves, a publicly listed company will sell debt or equity to purchase ETH mimicking MicroStrategy's (MSTR) Bitcoin acquisition policy, and a systemically important bank will offer customers spot cryptocurrency trading.

ChainCatcher news, the prediction market Polymarket data shows that the probability of the United States establishing a national Bitcoin reserve by 2025 is currently 48%. The trading volume for this prediction contract is $121,145, and it will expire at the end of 2025.

ChainCatcher news, according to Globenewswire, the artificial intelligence company Genius Group (NYSE American: GNS) announced that its board of directors has approved a plan to continue a $33 million equity offering, with 100% of the net proceeds from the offering to be used to purchase Bitcoin for the company's Bitcoin treasury.In addition, the company also plans to seek one or more additional loan financings, with a total amount of up to $20 million. If the company successfully raises the maximum amount in the equity offering and additional loans, its Bitcoin reserves will increase from approximately $35 million in Bitcoin to $86 million in Bitcoin.The company will hold a live webcast and investor conference call on January 15, 2025, to discuss the equity offering.

ChainCatcher news, according to Cointelegraph, due to continuous buying by institutions, Bitcoin reserves on cryptocurrency exchanges have fallen to a nearly 7-year low, and investors are paying attention to potential supply shocks.According to CryptoQuant data, as of January 13, Bitcoin reserves on cryptocurrency exchanges have dropped to 2.35 million BTC, the lowest level since June 2018, when Bitcoin was trading above $7,000.Bitwise Research Director André Dragosch stated that the decline in Bitcoin supply may be attributed to the ongoing discounted purchases by institutional participants.