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

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

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