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- Big news this week - Bitcoin adoption moving faster than ever.
Big news this week - Bitcoin adoption moving faster than ever.
Knowledge is power :)
Morning to you :)
Bitcoin Adoption is Moving Faster Than Ever
This week, Bitcoin has been at the centre of some major macro shifts. Nation-states are buying. Pension funds are increasing their exposure. The biggest banks in the world are getting ready to hold Bitcoin for their clients.
Meanwhile, the sentiment online still feels like we are in a bear market.
This is what winning feels like. The momentum is relentless, and the institutions who ignored Bitcoin for over a decade are now racing to get their hands on it.
Let’s get into it.
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Macroeconomic Events Impacting Bitcoin
Bitcoin remains strong despite macroeconomic uncertainty. Inflation continues to pressure central banks, and the market is adjusting to the likelihood of prolonged high interest rates. But that has not slowed Bitcoin’s upward momentum.
A few key players are making big moves:
Abu Dhabi’s Sovereign Wealth Fund Buys Bitcoin
One of the largest and most powerful sovereign wealth funds in the world has disclosed it owns $436 million worth of BlackRock’s Bitcoin ETF. This is a game-changer.For years, critics dismissed Bitcoin adoption by nation-states like El Salvador and Bhutan, calling them “too small” to matter. But Abu Dhabi? That is an entirely different level. The floodgates are open.
Wisconsin’s Pension Fund Doubles Down on Bitcoin
The Wisconsin pension investment board just doubled its Bitcoin holdings, increasing from 2.9 million shares in IBIT to 6 million. That is $321 million of Bitcoin exposure, close to 1% of the fund’s assets.The first pension fund to ever invest in Bitcoin had to fight tooth and nail to get it done. But now, they are not just holding—they are buying more. That tells you everything you need to know about where this is going.
Major Wall Street Banks Preparing to Custody Bitcoin
BNY Mellon, Citi, and State Street- some of the largest financial institutions in the world, are rolling out Bitcoin custody solutions. These banks are not just dipping their toes in crypto. They are making major plays, testing tokenised assets, and expanding their infrastructure to support Bitcoin’s rise.When the biggest banks in the world start holding Bitcoin for their clients, what does that tell you? The demand is there. The business opportunity is there. And the old guard of finance is finally accepting that they need Bitcoin more than Bitcoin needs them.
Bitcoin-Friendly Regulators Are Taking Over
The new administration is shifting the regulatory landscape. President Trump just nominated Jonathan Gould—former Chief Legal Officer at Bitfury—as the next head of the Office of the Comptroller of the Currency (OCC).The regulators who fought Bitcoin for over a decade are being replaced by those who understand where the future is heading.
This is happening. Are you paying attention?
B. Xx