Matt Hougan, Chief Investment Officer (CIO) at Bitwise, has issued a bold prediction: hundreds of companies will buy Bitcoin as a treasury asset over the next 12 to 18 months. The shift, which Hougan describes as an “overlooked megatrend,” has the potential to significantly influence Bitcoin’s market trajectory.

MicroStrategy: The Torchbearer of Corporate Bitcoin Adoption

MicroStrategy, led by Michael Saylor, has become synonymous with corporate Bitcoin adoption. Though ranked only 220th globally by market capitalization, the company’s influence on the Bitcoin market is disproportionate. In 2024 alone, MicroStrategy acquired 257,000 BTC—exceeding the total Bitcoin mined that year…

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Listening to Sébastien Gouspillou share stories from the past eight years of his international life as a Bitcoin miner, it’s difficult to believe he’s telling the truth.

Each of his tales come across as works of fiction in which he, often compelled by little more than blind faith and a desire to utilize cheap energy for Bitcoin mining, comes out on top after struggling through soul-shaking trials and tribulations.

And what’s perhaps most mystifying is that he tells many of these stories while smiling from ear to ear, beaming with a certain radiance that comes from having an indefatigable spirit (except for when he tells parts of the stories where others are hurt, wronged or killed; at…

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Follow Aaron on Nostr or X.

In his Take from yesterday, Frank invited bitcoiners to join Nostr: “The world’s biggest bitcoin circular economy.” I fully endorse this invitation; Nostr aligns much better with Bitcoin’s original values than — specifically — Elon Musk’s X.

In much the same way that the money in your bank account isn’t really yours, your posts on X aren’t either — in contrast, your Nostr posts are connected to your own public…

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Prime Minister Anwar Ibrahim of Malaysia announced plans to advance national policies on cryptocurrency and blockchain technology following productive discussions with Binance co-founder CZ and leaders from Abu Dhabi. The New Straits Times reports that upon returning from a three-day trip to Abu Dhabi, Ibrahim is keen on developing these technologies to ensure Malaysia remains competitive on the global stage.

The prime minister expressed his intent to introduce a policy proposal to the cabinet urgently, emphasizing the need for regulation to protect the public and prevent financial leakages. He highlighted that embracing these innovations, similar to artificial intelligence, could revolutionize the financial sector and that Malaysia must not lag behind international trends.

Ibrahim also noted that collaborations with the United Arab Emirates could enhance Malaysia’s approach to digital asset regulations. He stressed the importance of updating traditional business models and embracing digital finance to maintain pace with other Southeast Asian nations and the proactive stance of the upcoming U.S. administration under President-elect Trump.

Report

On January 15, 2025, the U.S. Bitcoin ETFs experienced a net outflow of 1,013 BTC, contrasting sharply with the 450 new bitcoins mined daily during this period. This scenario indicates that the market activity for these ETFs surpassed the additional supply generated from mining, suggesting strong sell-offs or redistributions among investors.

Breaking down the ETF performances, Grayscale’s GBTC had the most significant net outflow, shedding 960 BTC. This substantial decline could reflect shifts in investor sentiment or portfolio rebalancing within the fund. In contrast, BlackRock’s ARKB ETF showed some resilience with a net inflow of 30 BTC, signaling continued investor interest in specific ETF products.

Bitwise’s Bitcoin ETF (Ticker: BITB) experienced a net decrease of 93 BTC, and Invesco Galaxy’s Bitcoin ETF (Ticker: BTCO) saw a minor net inflow of 14 BTC, while Franklin Templeton’s Bitcoin ETF (Ticker: EZBC) had a small loss of 4 BTC. Notably, other major ETFs like BlackRock’s IBIT, Fidelity’s FBTC, and VanEck’s HODL reported no changes in their holdings.

This day’s data illustrates the dynamic interplay between mining output and ETF movements, highlighting the impact of external market conditions and investor behaviors on Bitcoin ETFs relative to the creation of new coins. The overall outflow exceeding the mined amount indicates a possibly bearish sentiment or strategic adjustments in investor holdings.

Disclaimer: Market capitalizations and data can vary in real-time. The information provided here is intended purely for educational purposes and should not, under any circumstances, be construed as financial advice.

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Thailand’s financial regulators are set to enhance cryptocurrency accessibility by potentially allowing bitcoin exchange-traded funds (ETFs) to list on local exchanges. Secretary-General of the Securities and Exchange Commission, Pornanong Budsaratragoon, revealed plans to enable both individual and institutional investors to engage with local bitcoin ETFs, offering direct bitcoin exposure.

Earlier actions by Thailand’s SEC included approving asset management firms to invest in U.S. spot bitcoin ETFs for institutional investors in March 2024, followed by the launch of a fund-of-funds by One Asset Management in June, targeting professional and institutional investors for overseas bitcoin ETF exposure. Budsaratragoon emphasized the necessity for Thailand to align with global cryptocurrency adoption trends, ensuring investor protections while diversifying investment options in crypto assets.

This progressive stance follows Binance’s partnership with Gulf Innova in January 2024, introducing Gulf Binance to offer cryptocurrency exchange services in Thailand, underscoring the nation’s commitment to becoming a hub for crypto innovation and investment.

Bloomberg

Follow Nikolaus On 𝕏 Here For Daily Posts

Everyone has their own unique sense of style, but if you are wearing Bitcoin merch like the shirt in the X post below out in public — you should probably stop doing so.

This Bitcoin shirt is cringe as fuck.Have fun getting 7 dollar wrench attacked. pic.twitter.com/zRlT2CFrIg

— Breadman (@BTCBreadMan) January 11, 2025

I agree with this post in that this shirt is cringe as fuck and will only bring unwanted…

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