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CZ reports that multiple countries are creating Bitcoin Reserves after the U.S. led this move.
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Binance advises nations about wallet security and custody strategy for sovereign crypto holdings.
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Bitcoin’s breakout above resistance mimics previous setups that have triggered strong rallies following macro fear events.
Crypto influencer Crypto Rover stated on July 5, “Many countries are purchasing #Bitcoin to use as reserves,” quoting Binance’s founder Changpeng Zhao.
CZ said that governments are now creating their own national Bitcoin reserves after the United States. He explained that after the U.S., one of the largest economies in the world, began holding Bitcoins, other countries felt pressured to follow suit.
The later you buy your crypto, the more expensive it will be.
CZ said in a closed door discussion.
U.S. Bitcoin Holdings Drive Countries to Act
Zhao stated that the U.S. is believed to hold around 200,000 BTC. Other governments are now seeking advice on where to begin. Binance, CZ reports, actively helps countries set up crypto-reserves, guiding them on key decisions such as wallet infrastructure and custody.
“The starting amount for most countries is not as large as in the U.S.,” said he.
He suggested that smaller holders use professional custodial services with multi-signature solutions, where no one person can access the funds. Once the reserves are large enough, countries will be able to transition to self-managed systems of cold storage.
Binance provides advice to nations on basic and advanced setups, from selecting wallet types to determining if they have the internal expertise required to manage secure key storage. Zhao stressed the importance of multilayer security and institutional grade custody, particularly in early phases.
Bitcoin Breakout Signals Return of Bullish Momentum
A new breakout pattern on Bitcoin’s graph indicates that a strong uptrend may be underway. The structure is similar to a previous breakout that occurred in late 2023. This triggered a sustained rally following the FTX crash.
The chart, provided by analyst Crypto Rover, shows how FUD events in the past, such as tariffs, war fear, and currency market volatility, have repeatedly marked local bottoms. In both the daily and weekly views, Bitcoin formed a horizontal accumulation band, then broke over a descending support line. This breakout structure led to significant rallies in the past.
The upper panel shows Bitcoin’s recovery in 2023 after the FTX crash. After the “Yen Carry Trade”, a long consolidation was followed by a breakout over a descending tendencyline. Bitcoin then rose to new highs.
The lower chart shows a similar structure for 2025. Price action was compressed by macro-fear events, such as war headlines and pressure from tariffs. Bitcoin has once again broken above the resistance trendline.
The setup resembles previous bullish reversals. In both cases, fear-driven accumulation gave way to breakouts of trendlines and sharp price movements.
The structure suggests that Bitcoin is now preparing to go higher, aiming for the next resistance zone. Investor demand for decentralized assets continues to be driven by macro-uncertainty.
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