Everyone is staring at Venezuela’s oil reserves.
Sure, $17 trillion in crude is a big deal .But the real story — the one nobody is talking about — is their Bitcoin.
AI Generated ImageOfficially, Venezuela admits to holding 240 Bitcoin. That’s about $22 million.
Unofficially? It’s likely massive.
For years, the Maduro regime has been bypassing sanctions by selling oil for Tether (USDT), then swapping that into Bitcoin. They’ve been doing this since 2018 to survive hyperinflation that hit 1.5% per hour .
Now that the US has effectively “taken over” (we know who controls the oil now), the big question is: Who has the keys to the crypto?
Speaking of the Strategic Reserve, we had a weird moment yesterday.
Trump signed an executive order to keep all US-held Bitcoin. Then, the Southern District of New York immediately authorized the sale of $6 million worth of forfeited BTC.
It’s a direct violation of the order.
But let’s be real — they sold 64 Bitcoin. That is a drop in the ocean compared to what Venezuela is likely sitting on.
While the government figures out its communication issues, the smart money is moving.
BlackRock just pulled in $287 million in inflows in a single day — their biggest day in three months.
Tom Lee is back on the horse, predicting $250,000 for Bitcoin in 2026 . His firm is walking the walk, too — holding over 4 million Ethereum (despite sitting on a massive unrealized loss right now)
Gold is rallying. Historically, gold leads, and Bitcoin follows.
We have:
The four-year cycle might break, but the tailwinds for 2026 are undeniable
The Real Reason Crypto Went Silent
Venezuela’s Oil Is Worth $17 Trillion was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story.


