Countries Follow US Lead Creating Bitcoin Reserves, Binance CEO Says

Changpeng Zhao, the CEO of Binance, has revealed that multiple countries are creating Bitcoin reserves, following the lead of the United States. This move is seen as a significant endorsement of Bitcoin's long-term potential and could attract more institutional investors to the market. Zhao noted that the U.S. reportedly holds around 200,000 BTC, and other governments are now seeking advice on how to start their own crypto reserves. Binance is actively helping countries set up these reserves, guiding them through key decisions like wallet infrastructure and custody.

Zhao emphasized the importance of multi-layer security and institutional-grade custody, especially in the early phases of setting up these reserves. He recommended that smaller holders use multi-signature professional custodial solutions where no single person can access funds. Once the reserves grow large enough, countries can then transition to self-managed cold storage systems. Binance advises nations on both basic and advanced setup processes, ranging from selecting wallet types to determining whether they have the internal expertise to manage secure key storage.

Meanwhile, a fresh breakout pattern on Bitcoin’s chart signals that a strong upward move may be underway. The structure mirrors a previous breakout from late 2023, which triggered a sustained rally after the FTX collapse. The chart highlights how historical fear, uncertainty, and doubt (FUD) events—including tariffs, war fears, and currency market instability—have repeatedly marked local bottoms. In both the weekly and daily views, Bitcoin first formed a horizontal accumulation range, then broke above a descending resistance line. This breakout structure previously led to significant rallies.

The upper panel shows Bitcoin’s 2023 recovery after the FTX crash. A long consolidation followed by a breakout above a descending trendline came just after the “Yen Carry Trade” dislocation. Bitcoin then rallied to new highs. The lower chart displays a similar structure in 2025. Price action compressed under macro fear events, including war headlines and tariff pressure. Once again, Bitcoin broke above the resistance trendline. With the breakout confirmed, the setup now resembles past bullish reversals. In both cases, accumulation under fear-driven conditions gave way to trendline breakouts and sharp price moves. The structure suggests Bitcoin may now be preparing for another leg higher, targeting the next resistance zone as macro uncertainty continues driving investor demand for decentralized assets.