Seo Yoo-seok, president of the South Korea Financial Investment Association (KOFIA), is asking lawmakers to launch spot-traded ETFs. The funds will track the two leading crypto coins, Bitcoin and Ethereum.
The bank expects institutional inflows into spot bitcoin ETFs to grow as volatility drops, leading to significant price appreciation in the long term.
Holding bitcoin on corporate balance sheets represents more than a trend — it's a transformation in how companies can create and preserve shareholder value, says Next Layer Capital's Brandon Turp.
It may well be that the US is indeed contemplating adding crypto to its monetary strategy. In a press conference Wednesday, the country's newly appointed AI and Crypto Czar, David Sacks, said his team is looking into the feasibility of having a Strategic Bitcoin Reserve.
TL;DR The integration of BitcoinOS with Arbitrum allows for direct connection between BTC and ETH, without centralized intermediaries. BOS Grail facilitates trustless BTC transfers to Arbitrum, without third-party intervention, unlike WBTC. Arbitrum offers up to 40,000 transactions per second and nearly instant withdrawals.
A strategic Bitcoin (CRYPTO: BTC) reserve remains a topic of discussion after ‘Crypto Czar' David Sacks on Tuesday announced it would be one of the digital assets committee's first priorities. What Happened: Despite the announcement the odds of a reserve being implemented in 2025 have dropped from a peak of 68.5% in January to 58% on prediction market site Kalshi.
In a latest development, Standard Chartered, a British multinational bank, has issued a bold prediction that Bitcoin (BTC) could reach $500,000 before Donald Trump's presidency ends. The bank expects this price surge due to a more favorable regulatory environment and increased access to Bitcoin.
"Although the near-term remains choppy for Bitcoin, the long-term is becoming clearer by the day," Standard Chartered said.
Crypto analyst CryptoCon has provided valuable insights into the Bitcoin price action in this cycle. Based on his analysis, the next thirty days could be a game-changer, with BTC set to witness a significant move to the upside.
According to blockchain analytics firm Glassnode, Bitcoin's latest market cycle is exhibiting “atypical” characteristics. The firm highlights that Bitcoin (BTC) has matured into a global asset with deep liquidity, allowing investors to trade at all hours, even when traditional markets are closed.
The medical tech company's Bitcoin treasury has "generated BTC Yield of 152% since July 1, 2024" the company's chairman noted.
El Salvador purchased 12 BTC, raising its total reserve to 6,068 BTC. Bitcoin acquisitions have continued following a $1.4 billion agreement with the IMF.
Bitcoin currently trades at $97,821 to $98,313 over the last hour, boasting a $1.96 trillion market valuation and $54.21 billion in daily activity, oscillating between $96,147 and $100,760 today. It lingers 9.2% shy of its historic peak, a threshold tantalizingly close yet just out of immediate reach.
Bitcoin crypto market cap dominance has historically reached 71% before altseason begins, notes Rekt Capital.
The US is advancing crypto regulation, with a Bitcoin Reserve, new stablecoin legislation, and the SEC's Crypto Task Force website, signaling a move toward clearer policies, what to expect for Bitcoin?
TL;DR Bitcoin has reached a record $850 billion in realized capitalization, indicating strong value accumulation within its network. Capital inflows into Bitcoin have significantly increased since the 2022 bear market bottom, with nearly $500 billion more in investment.
Blockstream finally launched an office in Tokyo, Japan, amid a push for global expansion.
The cryptocurrency market has experienced a significant downturn, with the total market cap plunging by $125 billion in the last 24 hours, now standing at $3.16 trillion. This drop has been primarily driven by ongoing macroeconomic challenges, which have kept market sentiment subdued.
Trump's recent invocation of the IEEPA to impose tariffs could undermine the U.S. dollar's global dominance, analysts say.
British multinational bank Standard Chartered has predicted that the Bitcoin price is going to reach $500,000 in the long term.
El Salvador has bought an additional 12 Bitcoins for its national reserve amid a pullback in the crypto market. The tiny Latin American nation has increased its hoard of the alpha cryptocurrency to 6,068 BTC.
Hong Kong legislator Johnny Ng recently stressed the need to speed up their own strategic Bitcoin reserve plan amid the recent push by America's newly appointed crypto czar David Sacks. The legislator noted that the nation has already introduced similar measures to the US, in the race to become Asia's crypto hub.
The crypto market is full of unpredictability and has been going through a roller coaster ride in the first month of 2025. The digital assets faced heavy turbulence due to various macroeconomic events like Donald Trump's tariff introduction and the launch of China's DeepSeek model.
Standard Chartered has made a bold prediction, forecasting that Bitcoin could skyrocket to $500,000 by 2028.
Bitcoin and other altcoins remained under pressure on Wednesday after ADP released a stronger-than-expected private payrolls report. Bitcoin (BTC) continued trading below $100,000, while major cryptocurrencies like Ethereum (ETH), Solana (SOL), and Binance Coin (BNB) were in a tight range.
Ethereum (CRYPTO: ETH) has exhibited a curious pattern of weakness over recent weeks, with Hyperliquid (CRYPTO: HYPE) being a notable beneficiary of this trend. What Happened: Lookonchain and pseudonymous crypto trader kirbyongeo highlighted the divergence in the performance of Ethereum and Hyperliquid relative to Bitcoin's (CRYPTO: BTC) repeated moves to $100,000.
"Although the near-term remains choppy for Bitcoin the long-term is becoming clearer by the day," Kendrick said in an email to The Block.
Michael Saylor, a co-founder and executive chairman of MicroStrategy Bitcoin-focused behemoth, has taken to his account on the X social media platform (widely known as Twitter in the past) to deliver an enigmatic BTC-themed message to the millions of his followers.
The Rainforest Foundation US “Treasury for the Trees” initiative aims to raise 100 BTC for a strategic Bitcoin reserve. RFUS executive director Suzanne Pelletier explains why.
TL;DR According to Mempool Research, Bitcoin's average block size is expected to reach 4 MB due to the widespread adoption of inscriptions. This expansion could push Bitcoin's total blockchain size past 1 TB by 2026, presenting new challenges for node storage capacity.
Hong Kong politician Johnny Ng Kit-chong is calling for lawmakers in the special administrative jurisdiction to follow the footsteps of the US in researching the feasibility of a federal Bitcoin reserve, with the help of Mainland China.
Bitcoin holders are finally gaining access to the decentralized apps and ecosystem “they've spent 15 years starving for," said the CEO of BTC OS.
Bitcoin (BTC) has recently experienced a significant price drop that has sent shockwaves through the cryptocurrency market. The dramatic sell-off triggered one of the largest liquidation events of long positions seen in months, causing massive losses for traders.
Geoffrey Kendrick, Head of Digital Assets Research at Standard Chartered on Wednesday predicted that Bitcoin (CRYPTO: BTC) could reach $500,000 before the end of Donald Trump's term. What Happened: Kendrick attributes this forecast to two key factors: improved investor access to Bitcoin under the current administration and a gradual decline in volatility due to maturing market infrastructure.
Bitcoin mining firm Bitdeer has announced the acquisition of a power project in Alberta, Canada, for $21.7 million.
Metaplanet's move to a Bitcoin standard in April 2024 has propelled its stock into Japan's top 50 by trading volume, CEO Simon Gerovich says.
Ohio Senator Sandra O'Brien proposes a bill to establish a state Bitcoin reserve. The bill requires Bitcoin investments to be held for at least five years.
Standard Chartered predicts Donald Trump's administration will push Bitcoin to $500,000—closing in on gold's market cap in the process.
Over 2.6 million bitcoin in supply are currently at a loss, one of the highest levels this year.
Recently, President Donald Trump ordered the creation of a US sovereign wealth fund within a year. The Treasury and Commerce Departments must present a plan in 90 days, detailing how to fund and manage it. Since the US runs on a deficit, Congress would need to approve the fund before it becomes a reality.
Bitcoin (BTC), the world's leading digital currency, recently experienced challenges with block production. Neil Hartner, a software engineer familiar with the ecosystem, highlighted the glitch in an X post.
Bitcoin (BTC) declined marginally to fall from $99,000 to its current level of $98,100. The flagship cryptocurrency is down over 2% in the past 24 hours as it struggles to build momentum.
This proposal comes as part of an internal working group. The group is focused on exploring ways to integrate Bitcoin into the country's economic framework.
David Sacks, appointed as the crypto and AI advisor under the Trump administration, recently praised Bitcoin as a "reliable store of value" during an interview with CNBC.
Bitcoin's (BTC) price remains stuck in a tight range, struggling to gain momentum despite recent attempts to break above resistance. President Trump's Crypto Czar, David Sacks, recently called Bitcoin an “excellent store of value,” yet the statement has had little visible impact on price action.
Traders have been loading the yellow metal on U.S.-bound planes. Investment banking giant JPMorgan plans to deliver $4 billion of gold to New York this month.