MAROKO133 Update crypto: US May Launch Strategic Bitcoin Reserve This Year, Says Galaxy Ex

📌 MAROKO133 Hot crypto: US May Launch Strategic Bitcoin Reserve This Year, Says Ga

Alex Thorn, head of firmwide research at Galaxy Digital, believes the United States could soon formalize its long-rumored Strategic Bitcoin Reserve (SBR), potentially before the end of 2025.

In a post on X this week, Thorn said the odds are being overlooked by the market, adding that the U.S. government may soon announce it is officially holding Bitcoin as a strategic asset.

“The market seems to be completely underpricing the likelihood of such an announcement,” Thorn noted, highlighting growing momentum around the initiative.

Trump Signs Executive Order to Establish Strategic Bitcoin Reserve

In March, President Trump signed an executive order authorizing the creation of the Strategic Bitcoin Reserve and the US Digital Asset Stockpile.

While a detailed strategy has yet to be released, recent activity suggests movement behind the scenes.

Just this week, lawmakers introduced a bill requesting the US Treasury to evaluate the technical and strategic feasibility of the reserve.

Trump’s crypto policy report, published in July, made only a brief mention of the reserve, but insiders maintain it’s a priority.

The administration’s crypto liaison reportedly confirmed continued interest in building the SBR.

However, not everyone is convinced of a 2025 launch. Dave Weisburger, former chairman at CoinRoutes, believes the rollout is more likely in 2026.

He argues the administration may want to discreetly accumulate Bitcoin before making any public declarations.

Others warn that delays could carry consequences. Jan3 CEO Samson Mow has repeatedly stressed that the US risks being outpaced if it doesn’t act soon.

Global interest in sovereign Bitcoin reserves appears to be growing. Kyrgyzstan advanced legislation this week to establish its own crypto reserve, and Indonesia’s Bitcoin advocacy group recently met with officials to promote a similar strategy.

As rival nations explore national Bitcoin strategies, Thorn’s prediction adds weight to growing speculation that the US may soon enter the race.

Strategy Tops Corporate Bitcoin Holdings with 636,505 BTC

While the US is considering launching a strategic Bitcoin reserve, many corporate companies are adding BTC to their balance sheets.

Michael Saylor’s Strategy now holds 636,505 BTC, making it the largest corporate holder by a wide margin.

Bitcoin mining firm MARA Holdings remains in second with 52,477 BTC, after adding 705 BTC in August.

But new entrants are gaining ground. XXI, founded by Strike CEO Jack Mallers, has amassed 43,514 BTC, while the Bitcoin Standard Treasury Company holds 30,021 BTC.

Other major players include crypto exchange Bullish (24,000 BTC), Metaplanet (20,000 BTC), and publicly listed names like Riot Platforms, Trump Media & Technology Group, CleanSpark, and Coinbase.

This wave of accumulation has fueled speculation around a supply shock. With just 5.2% of Bitcoin’s fixed 21 million supply left to be mined, continued corporate demand could drive prices even higher.

Some firms are aiming much higher. Japan’s Metaplanet and U.S.-based Semler Scientific have set targets of 210,000 BTC and 105,000 BTC by 2027, ten to twenty times their current holdings.

Outside the US, 120 public companies now hold Bitcoin. Canada, the UK, Hong Kong, Mexico, South Africa, and Bahrain are among the countries where corporate BTC ownership is growing.

The post US May Launch Strategic Bitcoin Reserve This Year, Says Galaxy Exec appeared first on Cryptonews.

🔗 Sumber: cryptonews.com

📌 MAROKO133 Update crypto: HIFI Derivatives Hit $6 Billion as Traders Flood Market

Crypto traders are piling into HIFI derivatives as the token’s removal from Binance draws near, sparking one of the steepest surges in activity across the crypto derivatives market this week.

Data from Coinglass showed that contracts tied to HIFI soared to $6.17 billion in 24-hour trading volume on Saturday, marking a more than sixfold increase compared with the previous day. That spike propelled HIFI derivatives into the top 10 most-traded assets, eclipsing established players such as Cardano and Avalanche.

HIFI Traders Push Derivatives Volume to $6.17 Billion as Binance Delisting Nears

At the same time, HIFI open interest—the total value of unsettled contracts—more than doubled to $113 million. Market analysts often treat such jumps as a sign that traders are positioning for dramatic price swings.

A breakdown of the activities showed that Binance dominated the space, recording $2.7 billion in trades, while Bybit and Bitget trailed with $1.09 billion and $756 million, respectively.

Notably, the Richard Teng-led exchange also led in open interest with $33 million in active contracts, outpacing Bybit’s $27 million.

Interestingly, the rush into derivatives has spilled over into spot prices.

HIFI gained more than 200% in a single day, climbing to $0.47 after briefly touching $0.81 earlier in the week. That rally extended a seven-day run that left the token nearly 650% higher than the start of September.

The dramatic move illustrates how speculative positioning can intensify volatility when tokens face structural shifts like exchange delistings. While the decision initially cast doubt on HIFI’s outlook, derivatives traders appear to be treating the exit as a short-term opportunity rather than a terminal blow.

Despite the project’s current fate, the HIFI team acknowledged the community’s frustration but pledged to stay focused on core operations. The team said it would maintain key infrastructure, honor obligations, and support users “with professionalism and politeness.”

HIFI itself functions as a decentralized finance protocol on Ethereum that enables fixed-rate borrowing against both digital and real-world collateral.

As of August, it secured more than $20 million in total value locked, while its DAO treasury controlled just over $5.1 million in liquidity.

The post HIFI Derivatives Hit $6 Billion as Traders Flood Market Ahead of Binance Delisting appeared first on BeInCrypto.

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