Bitcoin Takes Center Stage in Chile’s 2025 Presidential Election

Bitcoin has evolved from a niche digital asset to a pivotal issue in Chile's upcoming 2025 presidential race. Political strategists now regard Bitcoin and its mining infrastructure as a strategic advantage rather than a liability. Daniel Batten, a New Zealand-based ClimateTech VC, emphasizes that opposing Bitcoin in the current climate would be 'political suicide,' comparable to rejecting the internet during its early days. This shift underscores Bitcoin's growing influence in global politics and its potential to shape economic policies. As the election approaches, candidates are likely to leverage Bitcoin's popularity to garner support, reflecting its mainstream acceptance and transformative potential in the financial sector.

Bitcoin Emerges as Pivotal Election Issue in Chile's 2025 Presidential Race

Bitcoin has transcended its niche status to become a central issue in Chile's 2025 presidential election. Political advisers across the spectrum now view the cryptocurrency—and its mining infrastructure—as a strategic asset rather than a liability. Daniel Batten, a ClimateTech VC based in New Zealand, notes that opposing bitcoin would be 'political suicide,' akin to rejecting the internet during its rise.

The shift follows a two-year lobbying campaign by Chilean software entrepreneurs and Bitcoin advocates. Candidates recognize the asset's dual appeal: its potential to attract tech-savvy voters and its macroeconomic implications for Chile's financial future. Environmental concerns, once a stumbling block, are being reframed through innovations in renewable energy mining.

Bitcoin Spot Market Outpaces Derivatives in Recent Rally

Bitcoin's recent price surge has been marked by decisive moves and structured consolidation, but the standout feature has been the dominance of spot market activity. Aggressive buying in spot markets contrasts sharply with derivatives traders who were caught unprepared, according to Bitfinex's latest Alpha report.

Spot Cumulative Volume Delta (CVD) data reveals net buying exceeding $45 million daily across major exchanges since mid-April. This divergence underscores a shift in market dynamics, with spot traders driving momentum while derivatives participants lag behind.

Robert Kiyosaki Advocates Bitcoin Over Traditional Banks Amid Economic Warnings

Financial writer Robert Kiyosaki has intensified his call for investors to pivot toward Bitcoin, gold, and silver, framing them as critical hedges against systemic financial risks. His latest warning cites historical crises—the 1998 LTCM collapse and 2008 Wall Street crash—as precursors to unresolved vulnerabilities in the global economy.

Kiyosaki traces current instability to the 1971 abandonment of the Gold standard, arguing that central bank interventions have merely delayed a reckoning. "The cracks are still there," he asserts, positioning Bitcoin as a modern safeguard against potential unraveling.

Standard Chartered Predicts Bitcoin Could Reach $500,000 Amid Bond Market Shifts

Standard Chartered's Geoffrey Kendrick has reaffirmed a bold $500,000 price target for Bitcoin by 2029, citing dwindling confidence in government bonds as a hedge against risk assets. The forecast aligns with growing institutional exposure through Bitcoin-linked investment vehicles.

Bitcoin briefly surpassed $107,000 following Kendrick's remarks, which coincided with a KKR & Co. report highlighting the declining effectiveness of government bonds during market turbulence. Rising yields in US and Japanese debt markets appear to be accelerating this trend.

The bank's projection suggests Bitcoin could achieve this milestone during a potential second Trump presidency, framing the cryptocurrency as an emerging alternative to traditional safe-haven assets.

Bitcoin to $135k: Why BTC May Be Headed For a Major Surge

Bitcoin is showing signs of a potential record-setting surge, with analysts projecting a rise to $135,000. The cryptocurrency has regained momentum, breaking through $104,000 and marking a 24% increase over the past month. This upward trajectory follows a volatile start to 2024, where few assets met expectations.

JPMorgan's recent announcement to allow client Bitcoin purchases signals growing institutional adoption. The move could further fuel BTC's bullish momentum, aligning with broader market Optimism for 2025.

DigiAsia Stock Surges 90% After Announcing $100M Bitcoin Treasury Plan

DigiAsia Corp's stock nearly tripled in value following its announcement of a $100 million Bitcoin treasury initiative. The Nasdaq-listed firm, which specializes in digital financial services across Asia, saw its shares jump from $0.20 to $0.60 on May 19—a 90% single-day gain.

The company plans to raise capital to fund its Bitcoin reserve strategy, committing 50% of future net profits to further BTC acquisitions. "Bitcoin represents a compelling long-term investment and a foundational LAYER for modern treasury diversification," said Prashant Gokam, DigiAsia's Co-CEO. This move aligns with a growing corporate trend of Bitcoin treasury adoption, which some analysts believe could propel BTC to $500,000 by 2029.