Welcome to CoinFeedPro
Latest crypto news from key platforms. All
in one place.
Bitcoin Will Soak Up Trillions From China And Russia, Billionaire Predicts
Pantera Capital founder Dan Morehead believes a geopolitical shift in reserve management will push adversaries of the United States into Bitcoin at massive scale, calling it âinevitableâ that China and Russia eventually hold âtrillions of dollarsâ worth of the asset. Speaking on Blockworksâ Empire podcast released this week, the billionaire framed the prediction as part of a longer-term rotation in global reserve assets and a response to sanction risk embedded in dollar-denominated holdings. âI think itâll take a decade or two,â Morehead said, adding that the first movers will likely include US-aligned Gulf states before âthe big oneâ arrives with countries âantagonistic to the United States, like China or Russia.â Why Russia And China Will Adopt Bitcoin Morehead anchored his argument in the historical cadence of reserve transitions and the vulnerability of holding claims on a rivalâs financial system. âYou gotta remember, the reserve currencyâs changed every 80 or 100 years⊠no oneâs ever really lasted for more than, letâs call it 100, 110 years,â he said. While calling it âinconceivable that the dollar will be supplantedâ overnight, he warned that countries with large US Treasury positions face concentrated political risk. Citing Chinaâs portfolio, he argued: âItâs really pretty crazy to have your entire countryâs life savings in an asset that your potential adversary could literally just cancel.â In his view, that calculus makes it âinevitableâ that such countries âwill have started to save in Bitcoin and other cryptocurrenciesâ within the next decade. Related Reading: Bitcoin Dip-Buy Calls Spike: Why This Could Actually Be Bearish The provocation lands amid measurable changes in how major economies hold US debt. Official Treasury data for July 2025 show Chinaâs reported Treasury holdings at $730.7 billion, the lowest since 2008 and down markedly over the past decade, a decline often read as gradual diversification of reserves rather than abrupt abandonment. JUST IN: BILLIONAIRE DAN MOREHEAD JUST SAID ITâS âINEVITABLEâ CHINA AND RUSSIA WILL HOLD TRILLIONS OF DOLLARS IN #BITCOIN NATION STATE GAME THEORY. ITâS HERE đ pic.twitter.com/tOQO9tHYNi â The Bitcoin Historian (@pete_rizzo_) September 23, 2025 Japan remains the largest holder at roughly $1.15 trillion, with the United Kingdom near $900 billion. The broader pool of foreign-held Treasuries nonetheless hit a record in July. These figures illustrate that while the dollar system remains deep and liquid, Chinaâs share is slipping at the marginâthe exact dynamic Morehead argues could accelerate alternative reserve strategies over time. Moreheadâs timeline also intersects with a flurry of policy proposals that, if enacted, would normalize sovereign Bitcoin exposure. In March, US President Donald Trump signed an executive order establishing a Strategic Bitcoin Reserve and a national digital asset stockpile. Wyoming legislators separately advanced a bill to permit limited Bitcoin investmentsâcapped at 3%âwithin certain state funds, an incremental step toward institutional reserve management in digital assets at the state level. Related Reading: Bitcoin Falls Below $113,000, But This Indicator Says Itâs Time To Buy Outside the US, Gulf governments are already experimenting at the edges of sovereign crypto exposureâanother plank in Moreheadâs thesis. The United Arab Emiratesâ has launched state-backed mining initiatives and disclosures suggesting several thousand BTC accumulated on the balance sheet via those operations. Skeptics will note that moving âtrillionsâ of dollars into Bitcoin would require not only policy shifts but also market structure capable of absorbing sustained sovereign demand without disorderly volatility. Liquidity depth has improved with US spot ETF adoption and growing derivatives markets, yet Bitcoinâs free float, custody frameworks, and cross-border payment rails still face periodic stress. Morehead, however, situates the thesis in a long arc rather than a short-term trade. âI donât think itâs gonna happen overnight,â he said, emphasizing a horizon of âa decade or twoâ and a phased path in which US-aligned adopters pave the way for politically non-aligned states that prize censorship resistance and sanction insulation. For China and Russia specifically, the impetus would be as much strategic as financial. Chinaâs willingness to chip away at Treasuries aligns with its broader push to diversify reserves into gold and other assets, while Russiaâs post-2014 and 2022 sanctions experience has already driven a dramatic reconfiguration of its reserve composition. At press time, Bitcoin traded at $112,639. Featured image created with DALL.E, chart from TradingView.com
Bitcoin Will Soak Up Trillions From China And Russia, Billionaire Predicts
Pantera Capital founder Dan Morehead believes a geopolitical shift in reserve management will push adversaries of the United States into Bitcoin at massive scale, calling it âinevitableâ that China and Russia eventually hold âtrillions of dollarsâ worth of the asset. Speaking on Blockworksâ Empire podcast released this week, the billionaire framed the prediction as part of a longer-term rotation in global reserve assets and a response to sanction risk embedded in dollar-denominated holdings. âI think itâll take a decade or two,â Morehead said, adding that the first movers will likely include US-aligned Gulf states before âthe big oneâ arrives with countries âantagonistic to the United States, like China or Russia.â Why Russia And China Will Adopt Bitcoin Morehead anchored his argument in the historical cadence of reserve transitions and the vulnerability of holding claims on a rivalâs financial system. âYou gotta remember, the reserve currencyâs changed every 80 or 100 years⊠no oneâs ever really lasted for more than, letâs call it 100, 110 years,â he said. While calling it âinconceivable that the dollar will be supplantedâ overnight, he warned that countries with large US Treasury positions face concentrated political risk. Citing Chinaâs portfolio, he argued: âItâs really pretty crazy to have your entire countryâs life savings in an asset that your potential adversary could literally just cancel.â In his view, that calculus makes it âinevitableâ that such countries âwill have started to save in Bitcoin and other cryptocurrenciesâ within the next decade. Related Reading: Bitcoin Dip-Buy Calls Spike: Why This Could Actually Be Bearish The provocation lands amid measurable changes in how major economies hold US debt. Official Treasury data for July 2025 show Chinaâs reported Treasury holdings at $730.7 billion, the lowest since 2008 and down markedly over the past decade, a decline often read as gradual diversification of reserves rather than abrupt abandonment. JUST IN: BILLIONAIRE DAN MOREHEAD JUST SAID ITâS âINEVITABLEâ CHINA AND RUSSIA WILL HOLD TRILLIONS OF DOLLARS IN #BITCOIN NATION STATE GAME THEORY. ITâS HERE đ pic.twitter.com/tOQO9tHYNi â The Bitcoin Historian (@pete_rizzo_) September 23, 2025 Japan remains the largest holder at roughly $1.15 trillion, with the United Kingdom near $900 billion. The broader pool of foreign-held Treasuries nonetheless hit a record in July. These figures illustrate that while the dollar system remains deep and liquid, Chinaâs share is slipping at the marginâthe exact dynamic Morehead argues could accelerate alternative reserve strategies over time. Moreheadâs timeline also intersects with a flurry of policy proposals that, if enacted, would normalize sovereign Bitcoin exposure. In March, US President Donald Trump signed an executive order establishing a Strategic Bitcoin Reserve and a national digital asset stockpile. Wyoming legislators separately advanced a bill to permit limited Bitcoin investmentsâcapped at 3%âwithin certain state funds, an incremental step toward institutional reserve management in digital assets at the state level. Related Reading: Bitcoin Falls Below $113,000, But This Indicator Says Itâs Time To Buy Outside the US, Gulf governments are already experimenting at the edges of sovereign crypto exposureâanother plank in Moreheadâs thesis. The United Arab Emiratesâ has launched state-backed mining initiatives and disclosures suggesting several thousand BTC accumulated on the balance sheet via those operations. Skeptics will note that moving âtrillionsâ of dollars into Bitcoin would require not only policy shifts but also market structure capable of absorbing sustained sovereign demand without disorderly volatility. Liquidity depth has improved with US spot ETF adoption and growing derivatives markets, yet Bitcoinâs free float, custody frameworks, and cross-border payment rails still face periodic stress. Morehead, however, situates the thesis in a long arc rather than a short-term trade. âI donât think itâs gonna happen overnight,â he said, emphasizing a horizon of âa decade or twoâ and a phased path in which US-aligned adopters pave the way for politically non-aligned states that prize censorship resistance and sanction insulation. For China and Russia specifically, the impetus would be as much strategic as financial. Chinaâs willingness to chip away at Treasuries aligns with its broader push to diversify reserves into gold and other assets, while Russiaâs post-2014 and 2022 sanctions experience has already driven a dramatic reconfiguration of its reserve composition. At press time, Bitcoin traded at $112,639. Featured image created with DALL.E, chart from TradingView.com