Bitcoin price hovers near $107,000 as legacy wallets quietly sell into institutional demand, keeping prices range-bound despite rising activity. Summary Bitcoin trades sideways, hovering near $107K after a volatile week. Long-term holders continue selling into institutional inflows, limiting upside. Technicals stay neutral-to-bearish with resistance at $115K and support near $107K. At press time, Bitcoin was…
UK’s approval of Bitcoin ETPs for retail users is just the first step in institutional adoption, says Sygnum Bank CIO. Summary Sygnum Bank CIO states UK is falling in line with US and Europe on crypto regulation Traditional finance like BlackRock and crypto native firms are converging on Bitcoin In the U.S., there are signs…
Jiuzi is transforming its billion-dollar treasury from a passive crypto holding into a revenue-generating engine by plugging directly into BitFi’s network of staking and arbitrage strategies. Summary Jiuzi Holdings partnered with BitFi to access a $2.75 billion Bitcoin asset pool and launch yield-generating strategies. The deal marks Jiuzi’s shift from passive crypto holdings to active…
The crypto investment landscape in the UK just took a significant step forward as British investors get access to Bitcoin through regulated markets. Summary BlackRock has launched its iShares Bitcoin ETP on the London Stock Exchange under the ticker IB1T. The FCA recently lifted its ban on crypto ETNs and sped up licensing for digital-asset…
Despite a turbulent week that saw record outflows from U.S. Bitcoin ETFs and the recent $19 billion liquidation event, shrinking exchange supply suggests the market may be poised for a rebound. Summary U.S. spot Bitcoin ETFs lost $1.23 billion last week, with Friday alone seeing $366.6 million in outflows. Over 45,000 BTC have been withdrawn…
Strategy founder Michael Saylor seems to be hinting that the Bitcoin treasury’s next purchase may be coming soon, despite the drop in net asset values. Summary Michael Saylor hinted at Strategy’s next Bitcoin purchase, sharing a chart marking past buys as Bitcoin rebounded above $111,000. The firm now holds 640,250 BTC worth over $71 billion….
A crypto whale has opened $255 million in Bitcoin and Ethereum long positions as markets react to signs of easing U.S.-China tensions. Summary Insider whale opened $255M in BTC and ETH longs after Trump confirmed a meeting with Xi Jinping. Market up 3% as traders price in easing U.S.-China tensions. Fed rate cut and ETF…
Bitcoin price has bounced back above the $110,000 mark after dipping to last week’s low of $103,660. Some analysts now believe the bottom might be in, with a fresh leg higher potentially in play. Summary Bitcoin price has reclaimed $110k as macro pressures cooled over the weekend. Some analysts believe BTC price has bottomed out…
Japan is keen on establishing a framework to allow banks to buy and sell cryptocurrencies, including Bitcoin. Summary Japan’s FSA may let banks buy and hold Bitcoin and other cryptocurrencies. New framework would impose strict risk rules on bank crypto holdings. Banks could register as exchanges, expanding retail investor access. The country’s Financial Services Agency…
Trump family crypto profits top $1b, UK targets 65k investors, OpenSea sets token launch | Weekly Recap
