U.S. spot Bitcoin ETFs have grown to about $180 billion in assets by 2026, with holdings peaking near 1.38 million BTC and stabilizing around 1.2 million BTC despite Bitcoin trading between $115,000 and $125,000. These ETFs have enabled Wall Street institutions like banks, pension funds, and asset managers to gain Bitcoin exposure without the challenges of direct ownership, fueling sustained inflows and broadening Bitcoin's investor base. This shift marks a fundamental change in Bitcoin's market structure, supported by regulated financial infrastructure and growing global interest, with Japan poised to follow a similar institutional adoption pattern. The trend suggests long-term confidence and potential for continued institutional demand in Bitcoin markets.
PayPal's board has reportedly rejected an offer valuing the company at $60.50 per share, considering it inadequate. This comes as PayPal's stock currently trades at around $56 per share. The board's stance suggests they believe the company's value is...
Morgan Stanley's Bitcoin Trust surpassed $400 million in inflows, signaling strong institutional interest amid $51.83 billion cumulative inflows in U.S. Spot Bitcoin ETFs. However, daily ETF outflows of about $240 million and Bitcoin trading below $6...
Shiba Inu lead ambassador Shytoshi Kusama has been silent on social media platform X for 74 days, a pattern seen before during which he focuses on development projects like an independent AI initiative. His silence has left the SHIB community to rely...
Coinbase is proactively upgrading its security systems to protect Bitcoin and other cryptocurrencies from future quantum computing risks. The company is enhancing its proprietary key management system, PQ-CoreKMS, which currently secures 99.9% of its...
Zcash (ZEC) surged 37% after deploying the Ironwood upgrade to testnet on July 2, briefly surpassing the $500 resistance level. However, the rally lost momentum, and ZEC has since fallen 13.6% over the past week, dropping back below $500. Technical i...
