Bitcoin’s Political Setback: Poilievre’s Defeat and Carney’s Liberal Victory in 2025

The 2025 Canadian federal election has delivered a surprising blow to Bitcoin advocates, with pro-crypto Conservative leader Pierre Poilievre losing his parliamentary seat to Liberal challenger Brunce Fanjoy. Meanwhile, Mark Carney’s Liberal Party secured enough seats to form a minority government, falling short of projected majority expectations. This political shift raises questions about Bitcoin’s regulatory future in Canada.

Bitcoin-Friendly Poilievre Loses Seat as Carney’s Liberals Win 2025 Election

Pierre Poilievre, the Conservative leader known for his pro-Bitcoin stance, has lost his parliamentary seat in Ottawa to Liberal challenger Brunce Fanjoy. The defeat comes as Mark Carney’s Liberal Party secured at least 162 seats—enough to form a minority government, though short of poll projections that anticipated a majority.

The election, triggered by Prime Minister Carney last month, unfolded amid geopolitical tensions fueled by U.S. President Donald Trump’s threats to Canadian sovereignty. market watchers had eyed Poilievre’s advocacy for crypto as a potential tailwind for Bitcoin adoption in Canada. His exit from Parliament raises questions about regulatory momentum for digital assets under the new Liberal administration.

Arizona Establishes Strategic Bitcoin Reserve in Historic Legislative Move

Arizona has become the first U.S. state to pass legislation creating a Strategic Bitcoin Reserve, marking a watershed moment for cryptocurrency adoption at the government level. The state legislature approved Senate Bill 1025 on April 28, authorizing the treasury to allocate up to 10% of public funds to Bitcoin (BTC) holdings.

The Republican-sponsored bill passed the House 31-25 amid partisan divides, reflecting growing institutional interest in digital assets as treasury-grade instruments. A companion bill (SB1373) also cleared the legislature, expanding the framework to include seized digital assets in criminal proceedings under state management.

These measures position Arizona as a testing ground for blockchain-based public finance strategies. The move comes as multiple states explore cryptocurrency integration, with Texas and Wyoming previously making regulatory advances. Market observers note such institutional validation could accelerate mainstream BTC adoption.

Strategy’s $1.42B Bitcoin Purchase Marks Institutional Boldness Amid Record Highs

Michael Saylor’s Strategy has executed a landmark acquisition of 15,355 BTC for $1.42 billion as Bitcoin surpasses $90,000, underscoring institutional confidence in the cryptocurrency’s upward trajectory. The firm now holds 553,555 BTC—valued at over $50 billion—reinforcing its aggressive accumulation strategy.

This move coincides with Bitcoin’s sustained bullish momentum, highlighting how major players are reshaping market dynamics despite persistent volatility. Institutional adoption continues to accelerate, with Strategy’s latest purchase setting a new benchmark for corporate Bitcoin holdings.

Bitcoin All-Time-High in Q2 or $100k Again This Week?

Bitcoin reclaims center stage as Standard Chartered forecasts a potential new all-time high near $120,000 by Q2. The cryptocurrency currently trades in the mid-$90,000 range, buoyed by institutional Optimism and resilient market performance.

Macroeconomic catalysts loom large, with the Federal Reserve’s May meeting and inflation dynamics poised to influence price action. Analysts note improving risk sentiment, suggesting the correction phase may have run its course.

Bitcoin Price Hits Critical $94K Level As Holders Eye Bull Confirmation

Bitcoin surged to $94,000, testing a pivotal threshold that market participants view as a litmus test for bullish momentum. Analysts had flagged this range between $93,000 and $95,000 as the decisive battleground for directional conviction.

EmperorBTC noted the Q2 open as a critical technical level, now reclaimed after brief weakness. The zone is expected to trigger profit-taking, with traders awaiting confirmation of either rejection or continuation. On-chain metrics and chart patterns suggest upside potential remains intact.