SBI Holdings is set to launch two exchange-traded funds (ETFs) focused on cryptocurrency and digital assets, according to the company’s Q2 2025 financial report released on July 31. One of the ETFs will feature a direct allocation to XRP and Bitcoin, while the other will combine Bitcoin exposure with gold, marking a significant expansion of…
Bitcoin’s recent price momentum has significantly weakened, with spot market demand plummeting from -$107.1M to -$220.0M. This dramatic shift resulted from mounting sell-side pressure and has sparked widespread concern among market participants about whether the crypto bull run is dead. The deteriorating liquidity conditions have also impacted the ETF market, which experienced a substantial 25%…
Bitcoin’s current downward trend has extended into another day, amplifying investor anxiety and bolstering broader market uncertainty. Since the pullback in late reply, BTC’s price has been falling steadily, with its price now retesting the $113,000 threshold. While bearish pressure intensifies, several crucial reasons have been observed to be driving the ongoing price decline. Why…
Bitcoin is trading in a vulnerable position, hovering below the critical $115K level and flirting with a potential breakdown towards $110K. After weeks of bullish momentum that propelled BTC to new highs, the market has entered a phase of caution and fear. The enthusiasm that once drove relentless buying has faded, replaced by increased selling…
The State of Michigan Retirement System has sharply increased its exposure to Bitcoin, tripling its holdings in the ARK 21Shares Bitcoin ETF to 300,000 shares, valued at $11.4 million in Q2. Key Takeaways: Michigan tripled its Bitcoin ETF holdings in Q2, now holding $11.4 million. The pension fund also maintains a $13.6 million Ethereum position….
Crypto analyst Mark Cullen has laid out the game plan for the Bitcoin price amid the flagship crypto’s choppy price action. Based on his analysis, BTC could either crash to $100,000 or rally to $122,000, close to its current all-time high (ATH) of $123,000. The Game Plan For The Bitcoin Price In an X post,…
BitBridge Capital Strategies has completed its merger with Green Mountain Merger Inc. and is set to begin trading under the ticker symbol BTTL on the OTC markets by the end of Q3. Key Takeaways: BitBridge will trade as BTTL by Q3 and plans to uplist to Nasdaq. The firm is launching a Bitcoin-backed lending product…
The Enforcement Directorate of India (ED) has raided 11 locations across multiple cities, including Delhi, in connection with a global crypto fraud case. The agency conducted the searches on Wednesday, following First Information Reports (FIRs) registered by the Central Bureau of Investigation (CBI) and the Delhi Police. Per investigations, fraudsters impersonated as police or investigating…
The Indonesian government is reportedly weighing the use of Bitcoin as a reserve asset, according to Bitcoin Indonesia, which met with officials from the Vice President’s office to pitch the idea as part of a broader national economic strategy. Key Takeaways: Indonesian officials are exploring Bitcoin as a potential national reserve asset. Discussions included using…
Bitcoin is currently undergoing a period of downward movement after briefly setting a new all-time high earlier last month. Over the past week, the world’s largest cryptocurrency has declined by nearly 4%, trading at $113,993 at the time of writing. This represents a drop of approximately 7.2% from the peak price of above $123,000 reached…