Bitcoin News Update: After 17 Years, Bitcoin Emerges as a Geopolitical Safeguard for Institutions
- Bitcoin's 17-year anniversary highlights growing institutional adoption, with firms like Hyperscale Data, Metaplanet, and MicroStrategy accumulating $68.8M-$2.8B in BTC holdings. - Geopolitical stability from Trump-Xi talks boosted BTC to $111,390, reinforcing Bitcoin's role as a macroeconomic hedge amid trade tension de-escalation hopes. - Technical analysis shows BTC/USD trading above $113,407, with institutional buying (e.g., Coinbase's 14,548 BTC) signaling long-term confidence despite $115,137 resis
On October 31, 2025, Bitcoin—the pioneering cryptocurrency—celebrated 17 years since its whitepaper was published in 2008. Since its creation, Bitcoin has been characterized by dramatic price swings, technological progress, and increasing acceptance by major institutions. Recent events highlight Bitcoin’s shifting influence in corporate finance, global politics, and speculative trading.
 
 
    Shares of Hyperscale Data, Inc. (NYSE American: GPUS) jumped 26% on October 28 after the company revealed its
Bitcoin’s value increased by 1.6% to $111,390 after news broke of a meeting between Trump and Xi Jinping in South Korea, raising optimism for easing U.S.-China trade disputes, as reported by
Bitcoin’s recent price movements have caught the eye of both traders and investors. On October 28, BTC/USD remained above $114,000, supported by the 50-day EMA at $113,407, according to
Industry figures remain bullish. Michael Saylor of MicroStrategy forecasted Bitcoin reaching $150,000 by year’s end and $1 million within ten years, while Robert Kiyosaki anticipated a $200,000 price before Christmas, according to
President Donald Trump’s commitment to making the U.S. a leader in cryptocurrency has improved regulatory transparency, prompting more companies to add Bitcoin to their treasuries. Initiatives like Metaplanet’s stock buyback and MicroStrategy’s capital deployment reflect a broader move toward Bitcoin-focused strategies. Meanwhile, Coinbase’s $299 million Bitcoin purchase in Q3 signals the asset’s evolution from a speculative play to a strategic reserve.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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