Major cryptocurrencies gained strongly over the past week, with Bitcoin up 3%, Ethereum 4%, XRP 8% and Solana surging 14% amid growing institutional adoption. US Bitcoin ETFs attracted US$1.3 billion in net inflows this week after previous outflows, with BlackRock’s fund now holding 3.59% of all Bitcoin supply. The FederalContinue Reading
Pav Hundal, the Lead Market Analyst at Aussie crypto exchange Swyftx, has labeled a prediction from Bitwise that Bitcoin could crack AU$2 million by 2035 as “pretty conservative”. The prediction from Bitwise would require Bitcoin to have an average annual compound growth rate of 28.3% over the next 10 years;Continue Reading
US Representative David P. Joyce has introduced a bill requiring the Treasury Department to study the feasibility of a federal Strategic Bitcoin Reserve and a broader digital asset stockpile. The legislation, which must be approved by the full House and Senate, directs the Treasury to report on how it wouldContinue Reading
Tom Lee from Fundstrat Global Advisors told CNBC that Bitcoin could reach US$200,000 by the end of 2025, representing nearly a doubling from current levels. The prediction hinges on Federal Reserve interest rate cuts, as Lee explains that “Bitcoin and cryptocurrencies like Ethereum are super sensitive to monetary policy.” MarketsContinue Reading
A solo Bitcoin miner struck it rich on September 7, successfully mining block #913,593 and earning a reward of 3.13 BTC, worth US$347,980. The miner, operating with a hash rate of 200 TH/s on the CKPool platform, had a chance of success of about 1 in 36,000 per day, orContinue Reading
Michael Saylor’s Strategy purchased 1,955 Bitcoin for US$217.4 million at an average price of US$111,196 per coin, maintaining their aggressive accumulation strategy. Metaplanet’s CEO Simon Gerovich announced the acquisition of another 136 Bitcoin worth US$15.2 million, bringing their total holdings to 20,136 BTC. Hong Kong crypto exchange Hashkey launched “Asia’sContinue Reading
President Kassym-Jomart Tokayev announced Kazakhstan’s Strategic Bitcoin Reserve initiative, creating a state fund for digital assets managed by the National Bank’s investment arm. The country is simultaneously rolling out the digital tenge CBDC, already piloted for VAT refunds and infrastructure payments, with full scale-up planned by year-end. A US$1 billionContinue Reading
Bitcoin has reclaimed the US$110k mark after last week’s dip below US$108k, trading in a narrow range since hitting an all-time high of US$124,457 on 14 August. Markets are fully pricing in a Federal Reserve rate cut on September 17, with most expecting a 25-basis-point reduction despite concerns that muchContinue Reading
Asian crypto fund Sora Ventures is establishing a US$1 billion Bitcoin treasury fund with the goal of accumulating the full amount within six months. The fund has already secured US$200 million in anchor commitments from regional institutions and is designed to support existing firms with Bitcoin treasuries and to seedContinue Reading
Crypto assets held in Australian Self-Managed Super Funds (SMSFs) decreased by 4% to $3.02 billion in the year leading up to June 2025, despite a broad crypto market rally and Bitcoin’s new all-time high. This decline occurred even as major exchanges like Coinbase and OKX are actively targeting Australia’s superannuationContinue Reading
