Ukraine’s Bold Move: Establishing a National Bitcoin Reserve
Ukraine is taking a significant step towards embracing cryptocurrency by planning to create a national strategic Bitcoin reserve. This initiative, supported by Binance, underscores the growing institutional adoption of Bitcoin. With draft legislation nearing completion, this move could further legitimize Bitcoin as a reserve asset globally.
Ukraine Plans National Bitcoin Reserve
Ukraine is advancing plans to create a national strategic Bitcoin reserve, with draft legislation nearing completion. The initiative, first reported by local crypto outlet Incrypted, has gained public support from Binance, one of the world’s largest cryptocurrency exchanges.
Yaroslav Zhelezniak, a Ukrainian MP and deputy chair of the finance committee, confirmed the impending submission of the proposal. The MOVE follows Zhelezniak’s earlier February 2025 announcement regarding cryptocurrency reserve development.
Kirill Khomyakov, Binance’s regional lead for CEE and Africa, endorsed Ukraine’s ambitions, signaling potential institutional validation for bitcoin as a reserve asset. The development marks another step in the growing intersection between nation-states and digital currencies.
Eric Trump Advocates Bitcoin Mining Over Direct Purchases Amid Market Surge
Bitcoin maintains its bullish stance above $100,000 as institutional interest intensifies and mining activity reaches new highs. While companies like MicroStrategy dominate headlines with aggressive accumulation strategies, Eric Trump’s American Bitcoin is charting a divergent path.
At Consensus 2025, TRUMP revealed plans to mine BTC at $37K-$38K per coin—a 66% discount to current prices. This operational efficiency could position American Bitcoin to challenge MicroStrategy’s dominance in BTC holdings. The approach bypasses traditional OTC purchases, favoring vertical integration through mining infrastructure.
Bitcoin Bulls Confront $120M Resistance in Stair-Step Rally
Bitcoin’s bullish momentum faces a critical test as $120 million in sell-side liquidity threatens to stall its stair-step ascent. The cryptocurrency has climbed 38% since April 9, methodically advancing from $75,000 to $104,000 amid easing macroeconomic tensions and institutional capital inflows.
The characteristic pattern reveals disciplined market behavior: each upward leg—$75K to $85K, then $92K to $96K—has been followed by orderly consolidation. Current price action between $101K and $105K suggests traders are digesting gains before the next potential breakout.
Bitcoin Price Prediction As Crypto Fear and Greed Index Hits 69
Bitcoin’s price hovers NEAR $103,922 amid a slight market dip, facing strong resistance between $104K and $105K. Santiment data suggests this fear-driven pullback could precede a rebound, as markets often defy expectations during periods of heightened anxiety.
The crypto Fear and Greed Index registers 69, signaling growing greed among investors. While such sentiment can propel rallies, it also raises concerns about overheating. Market dynamics now balance between bullish momentum and the risk of a speculative bubble.
Bitcoin Holds Firm at $104K Resistance Amid Economic Uncertainty
Bitcoin demonstrates resilience as it rebounds to the $104,000 resistance level, defying a brief bearish pattern earlier in the week. Bulls have established a higher low, signaling renewed upward momentum.
Market Optimism contrasts with mixed signals from the U.S. economy. While Thursday’s cooler-than-expected PPI data extended the disinflation trend, Federal Reserve Chair Jerome Powell struck a hawkish tone. His warning about potential supply shocks from trade policies introduces fresh volatility risks to inflation forecasts.
