Canada leads in Bitcoin adoption
Canada is leading globally in Bitcoin adoption, with 10.1% of residents holding cryptocurrency, higher than Australia (9.6%), Norway (8.7%), and Germany (8.3%).
Oklahoma Bitcoin bill passed
The Strategic Bitcoin Reserve Bill in Oklahoma, USA, passed through the House committee and is heading to a floor vote. The bill allows the state government to invest up to 10% of public funds in Bitcoin or digital assets.
Money supply and Bitcoin rise
The growth of global M2 money supply may drive a significant increase in Bitcoin, but analysts warn against over-reliance on this signal. Pav Hundal, chief analyst at crypto platform Swyftx, expects the market to remain strong from March onwards. Bravo Research points out that the U.S. money supply has doubled in ten years, with a surge in liquidity potentially boosting Bitcoin.
Wealth managers' interest in crypto assets
Ryan Rasmussen, head of research at Bitwise, stated that 53% of wealth managers plan to allocate crypto assets in client accounts, with 33% expecting to execute within the next six months.
U.S. bond yields fall amid economic risks
Joe Maher, an economist at Capital Economics, states that Trump's tariff policy makes it difficult for the Federal Reserve to cut interest rates by 2025. The yield on 10-year U.S. bonds fell below 4.30% due to economic survey downturns. If the FOMC takes a tougher stance, U.S. bond yields could rise to 4.75% by the end of 2025.
The U.S. economy faces downside risks
CICC research report indicates that U.S. real estate, consumer confidence, and service sector activity are weakening, with private sector optimism dissipating due to tariff uncertainties, government spending cuts, and high interest rates. Economic growth faces downside risks and should be viewed cautiously.
Decentralized AI report released
Binance Research released a report analyzing the centralized risks of AI development by large tech companies, proposing the concept of decentralized artificial intelligence (DeAI) to leverage blockchain technology for AI democratization, showcasing its role in data storage, computation, and model distribution.
SEC cryptocurrency regulation may adjust
U.S. regulatory expert Amy Lynch predicts that the SEC may redefine cryptocurrency attributes, with most tokens potentially classified as commodities, falling outside SEC jurisdiction. The Ripple Labs lawsuit serves as a key barometer, with whether the SEC will continue to appeal being the focal point.
