The annual Bitcoin conference is back!
The Bitcoin 2025 conference will be held from May 27 to 29 in Las Vegas. This event, gathering tech giants, financial leaders, policymakers, and crypto pioneers, will not only redefine the future role of Bitcoin but may also become a barometer for cryptocurrency regulation in the United States and worldwide.
The lineup of guests includes Vice President Vance of the United States, White House AI and cryptocurrency czar David Sacks, Donald Trump Jr., Eric Trump, and $Strategy (MSTR.US)$ founder Michael Saylor, $Robinhood (HOOD.US)$ CEO Vlad Tenev, $MARA Holdings (MARA.US)$ CEO Fred Thiel, $Metaplanet (3350.JP)$ CEO Simon Gerovich, etc.
Among them, the most anticipated event is the speech on May 28 in Las Vegas, which will be the most shocking in the history of Digital Currency — US Vice President JD Vance will deliver a speech on "Innovation, Financial Sovereignty, and the Future of Bitcoin," becoming the first sitting Vice President to publicly support Bitcoin.
It is worth noting that Vance is known for his stance supporting Digital Currency, primarily due to his active engagement on Social Media and his voting record in favor of Digital Currency.
According to related information, in the mandatory annual report submitted in October 2023 for the 2022 calendar year, it was disclosed that as of 2022, he held Bitcoin worth between $0.1 million and $0.25 million.
In addition, Futu News previously published an article"Trump's Vice President Vance's Holdings Revealed! He has a significant position in US stock Index ETF, betting on Bitcoin and Gold"It was also mentioned that Vance holds Bitcoin ETF.$Fidelity Wise Origin Bitcoin Fund (FBTC.US)$The holding proportion is approximately 6%.
The market points out that this deep binding interest relationship with digital assets makes his support not just a policy statement, but also a manifestation of personal belief.
David Bailey, CEO of BTC Inc., stated: "This is not only a headline moment but also an important signal. Bitcoin has become the most transformative financial innovation in the world, reshaping policy discussions on a national level."
In addition, the attendance of Strategy founder Michael Saylor has also attracted widespread attention. Saylor made a bold suggestion to President Trump at a closed-door meeting held at the White House on May 8: the U.S. government should acquire up to 25% of the Bitcoin network's share (approximately 5.25 million Bitcoins) to establish a "U.S. Bitcoin Strategic Reserve," similar to the existing strategic reserves of oil and Gold.
Can Bitcoin reach a new high again?
Recently, Bitcoin has restarted its upward trend, with a cumulative increase of over 37% since April 9, currently reported at $0.105 million, approaching historical highs.
In addition to the Bitcoin conference, recent events have brought a significant bullish news for 'crypto circle' individuals: America's largest bank, JPMorgan, has finally allowed customers to purchase Bitcoin.
Despite JPMorgan CEO Jamie Dimon's ongoing skepticism about Bitcoin, he stated during JPMorgan's annual investor day on Monday: "We will allow you to purchase it... but we will not hold it for you. We will only list it on the customer's account statement."
This decision marks a significant step for JPMorgan and is the latest indication of Bitcoin's entry into mainstream investment—especially considering Dimon's longstanding criticism of Digital Currency and the crypto market.
JPMorgan's earlier research reports also suggested that Bitcoin's performance in the second half of this year will outperform Gold, mainly benefiting from several unique positive factors related to Cryptos:
1. Corporate Shareholding Trend
Companies like MicroStrategy and Metaplanet are actively increasing their holdings in Bitcoin. MicroStrategy announced plans to raise another $42 billion by 2027 (a total of $84 billion) for Bitcoin purchases, with its initial $42 billion '21/21' plan already 60% complete.
2. State government investment entering the market
New Hampshire has become the first state in the U.S. to pass a bill allowing state finances to invest in the cryptocurrency market, authorizing up to 5% of state assets to be invested in Bitcoin and Gold. Arizona has also taken a budget-neutral approach to establish a reserve fund for Bitcoin and other Digital Assets. With more U.S. states likely considering adding Bitcoin to their strategic reserves, this could become a continuous bullish factor for Bitcoin.
3. Maturation of the derivatives market.
American cryptocurrency exchanges are acquiring crypto derivative platforms, such as Coinbase acquiring Deribit, which accounts for 85% of the global crypto Options Trading market, Kraken acquiring the US Futures platform Ninja Trader, and Gemini obtaining a MiFID II license to offer derivatives in the Eurozone. This indicates that the crypto derivative market is maturing, and by incorporating US or EU regulations, it could enhance the confidence and participation of traditional Institutional investors.
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