At the Bitcoin 2025 conference in Las Vegas, key industry figures and policymakers discussed the evolving role of Bitcoin and the broader cryptocurrency market. Paolo Ardoino, CTO of Tether, projected that Tether will become the world's largest Bitcoin miner. Peter Schiff, a noted Bitcoin critic, claimed he has convinced more people to buy Bitcoin than anyone else at the conference, despite previously calling Bitcoin a "memecoin." U.S. Senator JD Vance emphasized Bitcoin's strategic importance for the United States and called for clearer regulations and full adoption. Meanwhile, Michael Saylor expressed strong confidence in Bitcoin's future, stating there is a 90% chance of Bitcoin's success over five years and predicting it will appreciate faster than gold. The conference also highlighted institutional interest, with Bitcoin prices holding above $106,000 amid growing government support and economic shifts. On the international front, a Chinese state-backed think tank, the International Monetary Institution (IMI), identified Bitcoin as transitioning from a speculative asset to a strategic reserve asset and a potential hedge against the U.S. dollar. Other developments include Pakistan announcing a Bitcoin Strategic Reserve, Russia allowing crypto offerings for investors, and Sony's online bank launching a new crypto unit. Additionally, Telegram secured $1.7 billion in bond financing, and BlackRock plans to acquire 10% of Circle's IPO. Market dynamics showed some volatility, with Bitcoin prices dipping below $107,000 and Ethereum and Dogecoin experiencing declines. Trade talks between the U.S. and China have stalled, and the U.S. Securities and Exchange Commission is moving to drop its case against Binance. Overall, the conference and recent events underscore Bitcoin's growing institutional adoption and its increasing recognition as a strategic asset globally.