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Countries Eye Bitcoin Strategic Reserve, Saylor Buys More

Plus, Galaxy Research predicts Bitcoin to reach 20% of Gold's Value

Author

Justin
December 30, 2024 • Read Time: 6 minutes

As Bitcoin steps into the global spotlight as a potential reserve asset, the world’s financial landscape is holding its breath.

The idea of countries hedging their economic stability with Bitcoin might once have sounded like a scene from a sci-fi novel, but Donald Trump's latest proposal has the international community buzzing.

From Germany to Hong Kong, the conversation has shifted, and while some find the promise intoxicating, others approach it with cautious skepticism.

All that while Saylor adds another 2,138 Bitcoin to Microstrategy’s holdings, bringing the total to 446,400 Bitcoin.

Let's dive in!

  • Several countries consider Bitcoin for national reserves following Trump's proposal, sparking global discussions on its economic viability. — Read More

  • Microstrategy adds 2138 more Bitcoin — Read More

  • ProShares aims to launch ETFs that track the S&P 500, Nasdaq-100, and gold in Bitcoin terms, using Bitcoin futures. — Read More

  • A Polymarket poll predicts only a 27% chance of Trump approving a Strategic Bitcoin Reserve, down from 60% post-election. — Read More

  • Galaxy Research predicts Bitcoin's market cap will reach 20% of gold's value, signifying a notable financial milestone. — Read More

  • South Korea's crypto market sees dramatic growth with 610,000 new investors added in November, and tax implementation delayed to 2027. — Read More

  • Malaysia suspends Bybit for operating without registration, citing investor protection concerns. — Read More

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