Strategy and other Bitcoin treasury-focused companies were early adopters betting on hyperbitcoinization — a shift that could push Bitcoin’s market value beyond $200 trillion, according to Blockstream CEO Adam Back. Back argued that investment firms allocating their treasuries to BTC are leading the charge in global adoption, a trend he believes could drive the cryptocurrency’s market capitalization to $200 trillion within the next decade. Back contends that companies are using Bitcoin treasury strategies as a rational and long-term arbitrage Adam Back, also the creator of Hashcash, claimed that organizations and governments worldwide were beginning to acknowledge the special monetary qualities of BTC. Back further shared an X post to illustrate this on April 26, stating that treasury firms like Strategy were taking advantage of the gap between the current fiat world and the future of BTC. He continued after this, elaborating that a scalable and sustainable front-running hyperbitcoinization with a $100–200 trillion trade value had enough scalability for most large listed companies to switch to BTC Treasury. Hyperbitcoinization is the term used to describe the hypothetical scenario in which BTC surpasses fiat money as the most widely used currency in the world due to its inflationary economics and the growing mistrust of the established financial system. According to Back, the primary cause of global hyperbitcoinization was still the price of BTC exceeding the inflation of fiat money. Following this, he claimed that some believed that treasury strategy was a passing trend. In response, he argued that it was a sustainable and rational arbitrage. Additionally, based on his argument, BTC prices have increased over the past four years more quickly than interest and inflation, but this trend is temporary. Interestingly, Back made these remarks almost two months after U.S. President Donald Trump issued an executive order creating a national Bitcoin reserve using BTC that was forfeited in criminal cases involving the government. More international companies may decide to adopt BTC following the current appealing conditions Reports suggest that firms like Strategy — the largest corporate holder of BTC — could inspire others to follow suit if they continue expanding their Bitcoin treasuries. According to Michael Saylor , Strategy’s co-founder, the company’s Bitcoin treasury has made over $5.1 billion in profit since the start of 2025, demonstrating the strategy’s profitability. Likewise, Japanese investment giant Metaplanet — aka “Asia’s MicroStrategy” — has adopted the same strategy after April 24, when it surpassed more than 5,000 BTC in its reserves. Furthermore, according to Metaplanet, this was not the end; by 2026, it plans to acquire 21,000 BTC, making it the largest corporate Bitcoin owner in Asia. Furthermore, another thing that would have made it easier for international companies like Strategy to follow suit was the US Federal Reserve’s decision to remove its 2022 guidance that banks shouldn’t deal with cryptos. With this reversal, U.S. financial institutions might feel more comfortable embracing Bitcoin. In reaction to the withdrawal of the guidance, Saylor stated that banks were now free to start supporting BTC. Moreover, Iliya Kalchev, a Nexo dispatch analyst, revealed that banks would now be subjected to regular supervision, indicating a more liberal regulatory framework for integrating digital assets. Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with DeFi in our upcoming webclass. Save Your Spot
Welcome to Latam Insights, a compilation of the most relevant crypto and economic news from Latin America over the past week. In this week’s edition, the first XRP ETF debuts in Brazil, Argentina keeps winning the dollar battle, and experts warn about an energy collapse in Paraguay due to bitcoin mining. XRP ETF Launches in
A tweet from crypto commentator All Things XRP highlighted a recent interview with Ripple President Monica Long, describing it as a moment where she “lit up CNBC with massive updates.” The tweet, which included direct quotes from the interview, offered a breakdown of Long’s statements on XRP, the XRP Ledger, Ripple’s stablecoin plans, and the growing engagement of traditional financial institutions with blockchain technology. RIPPLE’S MONICA LONG JUST LIT UP CNBC WITH MASSIVE UPDATES. We have extracted every key quote you need to see from her interview — broken down for you: On XRP: “XRP serves a couple different roles… within the blockchain, the XRP Ledger, it’s the native asset, so you… pic.twitter.com/QGkcPHM6fB — All Things XRP (@XRP_investing) April 25, 2025 XRP: A Critical Component of Ripple’s Strategy Monica Long emphasized XRP’s essential role within the XRP Ledger, explaining that it is required for transaction fees and account reserves. She stated, “XRP serves a couple different roles… within the blockchain, the XRP Ledger, it’s the native asset, so you need it for gas fees, you need it for the reserve account minimum, and so as there’s more users and more use cases built on XRP Ledger, that asset will always be needed.” She also discussed XRP’s function in liquidity provisioning on XRPL. “Within that exchange… if a trading pair doesn’t have liquidity between it, it auto-bridges, goes between XRP for efficiency, speed, and cost… so that will be an increasingly important use case as more activity comes to the blockchain.” Long confirmed that Ripple continues to use XRP as part of its payments offering depending on customer needs, adding, “It’s kind of dependent on customer use case.” XRPL: Designed for Functionality and Innovation Long described the XRP Ledger as an early attempt to improve Bitcoin’s limitations. “The original XRP Ledger launched as… Bitcoin 2.0… in their brains, they were thinking of Bitcoin as this ingenious invention, how can we improve upon scalability and tinker with the consensus model so that you could enable things like an exchange within the blockchain itself.” She reinforced the company’s long-term alignment with XRPL development, noting, “The whole company started because three developers created the XRP Ledger… and so we’ve always had a belief in building use cases that would make use of the efficiency within XRP Ledger.” Ripple continues to enhance the ledger, including adding lending protocols and a multi-purpose token amendment. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Ripple USD (RLUSD) and Institutional Stablecoin Demand On the subject of stablecoins, Long explained the rationale behind Ripple’s decision to launch RLUSD, citing its relevance to Ripple’s cross-border payments business. She highlighted RLUSD’s utility and availability. “It’s quick, right, you can get effectively the equivalent of a dollar in digital version… and then 24 by 7 availability… as opposed to using this kind of real-time rail for stablecoins.” Long said the stablecoin market is projected to exceed $3 trillion , adding that Ripple focuses on institutional usage. One area gaining momentum is using stablecoins as collateral: “One that I think is getting more and more attention is using [stablecoins] as an asset for collateral for trading in the more traditional institutional world… this is one that’s definitely spiking for us.” Bridging Traditional Finance and Blockchain Long also addressed Ripple’s relationship with the banking sector. Recalling the early years, she said, “In 2014… we knocked on the doors of banks and we explained… you could do cross-border payments on a blockchain and it would be near instant, almost free… they were like, slam the door in our face.” But today, she said, banks are far more receptive. “They have embraced it a lot more.” She clarified that Ripple’s role is to serve as an intermediary, and acknowledged how regulatory shifts make banks more willing to engage with blockchain services. Long concluded with a critique of legacy financial systems. “When you talk to the banks, the effort to run those products, it’s kind of shocking, a lot of the backend process is still manual or it’s paperwork, it’s just all this stuff that could be automated and just made more efficient with technology.” As All Things XRP noted in his coverage of the interview, Ripple is no longer operating in a limited capacity. Under Long’s leadership, it is positioning itself to help build the infrastructure underpinning the next phase of institutional finance. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Ripple President Lit Up CNBC With Massive Updates On XRP appeared first on Times Tabloid .
A Russian provincial governor has claimed that associated gas produced at oil drilling sites could provide a solution to ongoing Bitcoin mining -related concerns. Earlier this month, the BTC mining hotspot of Irkutsk unveiled the nation’s first-ever year-round ban on crypto mining in the southern part of the oblast. This move came just months after Moscow imposed a wintertime ban on crypto mining in 10 Russian and Russian-controlled regions until 2031. Russian Gas Alternative for Irkutsk Bitcoin Miners? Per the Russian news agency Interfax , the Irkutsk Governor Igor Kobzev has urged major players in the mining market to join forces with oil and gas companies. A Gazprom Neft oil refinery. (Source: Neftehim [CC BY-SA 3.0]) He said that the parties should unite to build data centers that use “alternative fuel sources.” Kobzev made the comments during an April 25 address on the state of affairs in the region. He claimed that the Irkutsk government was “not against mining as a phenomenon.” However, he reasserted claims that miners need to overcome electricity shortages. And he said his government had a duty to ensure residents and enterprises in the region enjoyed uninterrupted electricity supplies. Kobzev said: “The regional government is ready to act as a platform to coordinate interaction between mining operators and enterprises working in the oil and gas production sector. There are already successful cases of firms building data centers powered by autonomous generation. These firms use associated gas.” Iran, Russia agree on 55 bcm of gas supplies, nuclear plant funding https://t.co/cP4vZjiySE https://t.co/cP4vZjiySE — Reuters (@Reuters) April 25, 2025 Russian oil firms have been working with crypto miners on associated gas-related pilots since the start of the current decade. Some of the nation’s biggest BTC miners and oil firms, including BitRiver and Gazprom Neft, started working together in 2022. Irkutsk’s Governor Igor Kobzev meeting with Russian President Vladimir Putin in 2019, in a photograph released by the Kremlin’s press service. Russia Starting to Feel Crypto Mining Boom Downside? Russia has seen one of the world’s biggest booms in Bitcoin and altcoin mining in recent years. With many miners forced out of China, Russian miners have claimed that taxing their industry could bring Moscow hundreds of millions of dollars’ worth of revenue. But this growth has taken a toll on many areas’ energy grids. The Ministry of Energy is reportedly mulling issuing three more regional mining bans as networks in some areas begin to suffer. Other parts of the country claim they have surplus power that they can use to power miners’ rigs. But Kobzev appears keen to keep miners in southern Irkutsk away from public grids at all costs. He pledged to support associated gas-powered crypto mining initiatives “in every possible way.” He also said that such a partnership could help improve the Irkutsk environment by reducing flaring. Could BTC Miners Switch to Russian Gas Power? When drilling for crude oil, producers often release pockets of natural (associated) gas. If drillers do not have any infrastructure that lets them capture this gas, they must instead burn it using flare stacks. Many industries are hesitant about using associated gas, as it tends to produce intense but irregular bursts of energy, rather than uninterrupted flows. Russia said it arrested a man suspected in the murder of a senior military official near Moscow and claimed that a car bomb had been activated remotely from Ukraine. https://t.co/Gut35SJH0z — Bloomberg (@business) April 26, 2025 Some Russian miners, however, say that they are happy to use this model of energy flow, provided they can pay discounted rates. Kobzev was optimistic about the said that a failure to stamp out crypto mining-related energy problems could see the capacity deficit in southeastern Siberia hit just shy of 3GW by 2030. But critics say that efforts to ban crypto mining in southern Irkutsk have instead resulted in a rise in illegal and quasi-legal operations. Some claim that rising Bitcoin prices have also played a role, with miners now increasingly reluctant to turn off their rigs. The post Russian Governor Says Gas Solution May Solve Region’s Bitcoin Mining Woes appeared first on Cryptonews .
Norges Bank’s $40 billion loss in Q1 raises questions about its Bitcoin strategy amidst a global market downturn. The fund’s indirect exposure to Bitcoin could amplify risk during ongoing economic
Key takeaways: Norges Bank lost $40 billion in Q1 2025 as US tech stocks fell, exposing the risk of concentrated positions. The bank’s indirect Bitcoin exposure via stocks reached $356 million, raising sell pressure risk amid a global trade war and recession concerns. Abu Dhabi’s $437 million spot Bitcoin ETF stake shows sovereign wealth funds see Bitcoin as a hedge. Norges Bank, Norway’s $1.7 trillion sovereign wealth fund, reported a $40 billion loss in the first quarter of 2025, with most of the decline caused by a drop in the value of US-listed technology companies. Norges Bank also indirectly owned 3,821 BTC through its stock market investments by the end of 2024, presenting a potential sell pressure risk to Bitcoin, especially when considering the socio-political uncertainty and the risk of an economic recession caused by the global trade war. In such times, could Norges Bank increase its investments in Bitcoin-related companies or even buy spot Bitcoin exchange-traded funds (ETFs) as a way to hedge risk? For now, it seems unlikely that Norway’s investment fund would consider buying a Bitcoin ETF, especially since the fund does not hold any gold. Besides stocks and bonds, Norges Bank invests in real estate, including retail, industrial, renewable energy, and logistics properties worldwide. Norway sold all of the central bank’s gold by early 2004, when gold was trading below $400. Since then, gold has outperformed the S&P 500 by 280%. Equities now make up 71.4% of the fund’s total investments, so if the global trade war continues, significant losses could occur. Gold/USD (orange) vs. S&P 500. Source: TradingView / Cointelegraph Norges Bank investments generated $222 billion in profits in 2024, and its stock market portfolio dropped by only 1.6% in the first quarter of 2025. Norway’s sovereign wealth fund is “mainly index-driven,” according to CEO Nicolai Tangen, specifically following the FTSE Global All Cap Index. Although this index includes over 7,100 stocks from both developed and emerging markets, it is based on market capitalization, which means 65% of the exposure is to North American companies. But, according to Norges Bank Deputy CEO Trond Grande, there is some flexibility for active investment, and their exposure to US-listed tech stocks has been below the benchmark for the past 18 months. Some of these holdings, such as Strategy, Mara Holdings, Coinbase, and Riot Platforms, hold large amounts of Bitcoin ( BTC ) on their balance sheets. As a result, even if not intentional, the sovereign wealth fund had a $356 million indirect exposure to Bitcoin at the end of 2024. FTSE Global All Cap (purple) vs. FTSE + 10% Bitcoin (green). Source: TradingView / Cointelegraph Data shows a 5% hypothetical allocation in Bitcoin back in 2018 would have boosted the fund’s equities benchmark performance by 56%. Buying Bitcoin ETFs seems unlikely, but indirect exposure remains possible Technically, it seems unlikely that Norges Bank could buy into the spot Bitcoin ETF without changing the fund’s mandate. However, increasing exposure to companies with significant Bitcoin holdings appears possible. Still, there is no sign of such a move, although Nicolai Tangen stated on April 24 that the fund will increase investments in US stocks. Related: China may shift from US Treasurys toward gold, crypto — BlackRock exec The fact that Mubadala Investments, one of Abu Dhabi’s sovereign wealth funds, held a $437 million stake in BlackRock’s iShares Bitcoin ETF (IBIT) helps build a case for such investment. Similarly, the State of Wisconsin Investment Board held $321 million in spot Bitcoin ETFs, showing the growing use of cryptocurrency as a hedge. This article is for general information purposes and is not intended to be and should not be taken as legal or investment advice. The views, thoughts, and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.
President Donald Trump’s memecoin dinner for top holders of Official Trump (TRUMP) has sparked political backlash. Amid wild market movements for TRUMP, a Georgia senator has labeled the invitation an impeachable offense. Meanwhile, a shift in sentiment sees investors turn to PepeX , a project looking to revolutionize the memecoin space. Georgia senator slams Trump’s memecoin dinner It’s an impeachable offense, US Senator Jon Ossoff from Georgia said. Ossoff said this as he publicly criticized President Donald Trump’s reported gala dinner for top 220 investors of his $TRUMP memecoin. The lawmaker criticized the move as “selling access,” noting that the event set for May 22 could be grounds for impeachment proceedings against the president. This is the latest controversy around the TRUMP token, which launched in January 2025 amid market euphoria on Trump’s election win and inauguration. Critics point to TRUMP soaring amid the dinner news as a scenario that will only enrich these few whales and insiders. The criticism, which has come from other congressional lawmakers and the crypto circle as well, see the president’s involvement as a conflict of interest and a dangerous precedent. Notably, the token’s creators hold 80% of supply. Memecoin investors buy PepeX While analysts suggest TRUMP memecoin could be worth watching, investors keen on other opportunities are flocking to PepeX. The AI-powered memecoin launchpad, which seeks to challenge Pump.fun and others in the market, has raised over $1.6 million in its presale. PepeX, targeted for multi chain use, eyes a user-friendly platform for memecoins creation. Its main selling point is it’s focus on community rather than token creators and a few top whales. The platform’s AI-powered technology provides a fair token distribution. It caps creators at 5% of supply while allocating 95% to the public. PepeX also includes anti-sniping tech and real-time transparency tools like bubble maps. This means the platform removes the potential for manipulation and rugs, which have dominated Pump.fun launches. Moreover, only 0.04% of Pump.fun participants profitable. PepeX @PepeX_fun · Follow Bitcoin’s moving like gold while the rest of the market panics, and guess what? PepeX is here to let YOU tokenize your way through the chaos. 🚀Forget tech stocks, PepeX is where AI-powered tokens and degen plays meet. No devs, no limits, just straight-up meme coin madness. 11:26 pm · 26 Apr 2025 14 Reply Copy link Read 9 replies When does PepeX launch? According to the PepeX whitepaper , the planned public launch is in Q3 2025. The roadmap includes key milestones such as decentralized AI launchpad, DEX partnerships and staking. Its presale, with tokens priced at $0.0243, offered early birds up to 332% in presale returns. This has many looking to buy early before the 90-day ICO ends. Overall crypto-friendly environment under President Donald Trump Despite the controversy around TRUMP, the broader crypto landscape is experiencing a notable shift under President Trump’s administration. Since his campaign for election in 2024, Trump has increasingly taken a pro-crypto stance. The industry supported him and other leaders amid the push for clarity in the regulation of digital assets, with the signing executive orders to promote cryptocurrencies among key developments in 2025. On April 25, 2025, new SEC chair Paul Atkins said the agency was ready to work with Trump’s administration and Congress to support efforts for regulatory clarity. This outlook buoys crypto and Bitcoin looks poised to return to $100k and beyond, a bullish environment for projects like PepeX. Learn more about the new project here . The post PepeX gains as US senator slams Trump’s memecoin “dinner” appeared first on Invezz
Hunter Horsley, Bitwise CEO, has dropped a bold prediction concerning Bitcoin (BTC). Horsley says Bitcoin can hit a $50 trillion valuation if it assumes the role of a digital alternative to the U.S fiat. Bitcoin Positioned Beyond Gold as a Global Value Store In an update shared on X, Horsley maintained that BTC’s worth is much more than that of gold, a traditional store of value. He notes that BTC is more like U.S. Treasuries and the U.S. dollar, which, when aggregated, are valued at approximately $50 trillion. Bitcoin is an apolitical, digital monetary asset. The right comparison may be not just Gold (~$23T) — But also Treasuries and USD (~$50T). When people want to digitally store value, the latter is often the way. — Hunter Horsley (@HHorsley) April 26, 2025 The estimated value of gold is about $23 trillion globally, but Horsley highlights that Bitcoin has more advantages as it exists online. He insists that the coin remains the preferred way investors store “value” in today’s financial world. According to the Bitwise CEO, some features that make Bitcoin appealing are that it is “an apolitical digital monetary asset.” That is, it is not tied to anyone, country, or government. The decentralized feature sets Bitcoin out as an asset. The message behind Horsley’s update is to highlight the possibility of Bitcoin if countries worldwide progressively adopt digital value storage. Bitwise’s Growing BTC Bet Reflects Horsley’s Conviction Horsley has always been bullish about BTC. His stance aligns with the principle of Bitwise. The asset management company under Horsley’s leadership has increased Bitwise’s BTC exchange-traded fund (ETF), BITB, to over 39,000 BTC. Bitwise’s Bitcoin holding has been estimated at approximately $3.67 billion. Hence, Horsley’s stance on the potential of Bitcoin is based on a position of knowledge. Clearly, Bitcoin has grown from competing with gold or chasing technology stocks to positioning itself as a notable force in the financial world . How Bitwise’s CEO’s prediction materializes remains an event to look forward to in the financial world. Bitcoin’s Rising Institutional Adoption Fuels Optimism As of this writing, the coin was trading at $94,118.85 with a market capitalization of $1.86 trillion. This positions it as the leading digital asset in the cryptocurrency industry. Bitcoin’s appeal has led to growing institutional adoption from firms like Metaplanet, Semler Scientific , and Strategy. Perhaps, BTC might witness more mainstream adoption shortly. The post $50 Trillion Bitcoin Boom? Bitwise CEO Drops Jaw-Dropping New Prediction appeared first on TheCoinrise.com .
Today in crypto, Trump says federal income taxes will be greatly reduced or eliminated, Adam back said Strategy and other Bitcoin treasury firms are some of the earliest bettors on Hyperbitcoinization, which may see Bitcoin’s market cap soar to above $200 trillion, and US Securities and Exchange Commission (SEC) crypto task force head Hester Peirce said crypto in the US is like a game of “the floor is lava.” Trump says federal income taxes will be “substantially reduced” or eliminated United States President Trump recently said federal income taxes would be "substantially reduced" or eliminated altogether once the proposed trade tariffs take full effect. The US President said that the accompanying tax reduction will focus on those earning less than $200,000 per year. "It will be a bonanza for America. The External Revenue Service is happening," Trump wrote in an April 27 Truth Social post . Source: Donald Trump President Trump previously floated the idea of eliminating the federal income tax collected by the Internal Revenue Service (IRS) and replacing revenues from income taxes with tariffs collected on imported goods. The US President's April 27 Truth Social post revealed the first concrete details of the proposed plan since Trump and members of his cabinet began touting comprehensive tax reform in October 2024. Bitcoin treasury firms driving $200 trillion hyperbitcoinization — Adam Back Investment firms with Bitcoin-focused treasuries are front-running global Bitcoin adoption , which may see the world’s first cryptocurrency soar to a $200 trillion market capitalization in the coming decade. Institutions and governments worldwide are starting to recognize the unique monetary properties of Bitcoin ( BTC ), according to Adam Back, co-founder and CEO of Blockstream and the inventor of Hashcash. “$MSTR and other treasury companies are an arbitrage of the dislocation between the bitcoin future and todays fiat world,” Back wrote in an April 26 X post. “A sustainable and scalable $100-$200 trillion trade front-running hyperbitcoinization. scalable enough for most big listed companies to move to btc treasury,” he added. Hyperbitcoinization refers to the theoretical future where Bitcoin soars to become the largest global currency, replacing fiat money due to its inflationary economics and growing distrust in the legacy financial system. Source: Adam Back Bitcoin’s price outpacing fiat money inflation remains the main driver of global hyperbitcoinization, Back said, adding: “Some people think treasury strategy is a temporary glitch. i’m saying no it's a logical and sustainable arbitrage. but not for ever, the driver is bitcoin price going up over 4 year periods faster than interest and inflation.” US crypto rules like “floor is lava” game without lights — Hester Peirce SEC Commissioner and head of the crypto task force , Hester Peirce, says US financial firms are navigating crypto in a way that’s similar to playing the children’s game “the floor is lava,” but in the dark. “It is time that we find a way to end this game. We need to turn on the lights and build some walkways over the lava pit,” Peirce said at the SEC “Know Your Custodian” roundtable event on April 25. Peirce explained that SEC registrants are forced to approach crypto-related activities like “the floor is lava,” where the aim is to jump from one piece of furniture to the next without touching the ground, except here, touching crypto directly is the lava. “A D.C. version of this game is our regulatory approach to crypto assets, and crypto asset custody in particular,” she said. Peirce said that, much like in the game, firms wanting to engage with crypto must avoid directly holding it due to unclear regulatory rules. “To engage in crypto-related activities, SEC-registrants have had to hop from one poorly illuminated regulatory space to the next, all while ensuring that they never touch any crypto asset,” Peirce said.
Bitcoin’s impressive rebound this week signals potential growth for altcoins like SUI, AVAX, TRUMP, and TAO, as market sentiment tilts bullish. With BTC’s performance suggesting a broader revival in cryptocurrency