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Senators Unveil Draft Crypto Bill Giving CFTC Oversight Power.
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Bitmine Adds $46M+ Worth of Ethereum! 📰 Bitmine has acquired 14,959 $ETH , investing more than $46 million in a single move. This kind of allocation reflects growing institutional conviction in Ethereum as a long-term strategic asset, not just a trading instrument. Smart capital usually builds before the crowd notices! 🫳
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Brazil’s Banking Giant Makes a Bitcoin Move! 📰 Brazil’s largest private bank, Itaú, is now recommending clients allocate up to 3% to Bitcoin. A traditional banking heavyweight is officially treating $BTC as a portfolio asset, not an experiment. Quietly but clearly, Bitcoin is moving from the fringe to the balance sheet! 🫳
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Corporate Bitcoin Treasuries Are Quietly Reshaping Demand! 👀 Since January 2023, Bitcoin held on corporate balance sheets has surged from 197K Bitcoin to 1.08M Bitcoin a staggering ~448% increase. This is not speculative trading. It’s companies treating $BTC as a strategic asset, integrating it directly into treasury management. Corporate treasuries are evolving into a powerful, long-term pillar of Bitcoin demand and this shift is still unfolding! 🫳
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Miners May Spark the Next Wave of Corporate Bitcoin Adoption! 📰 BitcoinTreasuriesNET suggests a shift in momentum, with corporate treasury purchases slowing, miners could become the new catalyst. Their growing financial strength, improved market access, and direct exposure to Bitcoin’s economics position them to influence companies exploring $BTC integration more than ever before. Miners are not just powering the network, they may soon power corporate adoption too! 🫳
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Jordi Visser notes that equities are signaling a potential Bitcoin rally. The Pure Vol (Beta) vs Pure Profitability (Quality) spread, which dropped as $BTC fell from 115 to 80, has now surged back to its highs in 10 of the last 11 days. Since this metric historically tracks PMIs, the rebound suggests momentum building for higher Bitcoin ahead! 🚀
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Latest News
Bitcoin(BTC) Drops Below 89,000 USDT with a 1.71% Decrease in 24 Hours
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BNB Drops Below 890 USDT with a 0.37% Decrease in 24 Hours
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Smart Money Shifts to Bearish Stance with Significant Bitcoin Short
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Bitcoin's Four-Year Cycle Influenced by Political and Economic Factors
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Ethereum(ETH) Drops Below 3,100 USDT with a 0.80% Decrease in 24 Hours
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