Bit Digital, a Nasdaq-listed company, plans to raise $1 billion to expand its Ethereum holdings, signaling a strategic shift from Bitcoin mining to Ethereum staking and treasury management. With 120,306 ETH valued at $450 million, Bit Digital aims to capitalize on Ethereum's growth potential, leveraging its programmability and staking yield. This move reflects growing institutional adoption of Ethereum #EthereumInvestment #BitDigital #ETH
#BlackRock quietly acquired 784.48โฏBTC worth approximately $92 million# on July 26, 2025โone of its more significant spot buys in recent weeks.
This adds to their ongoing accumulation trend, reinforcing their confidence in Bitcoin as a strategic asset class amid volatile markets. The firmโs ability to absorb such volume without disrupting price action signals robust institutional demand and deep liquidity. Even a nearโ\$100M purchase like this moves the needle yet causes minimal rippleโunderscoring market resilience.
For the broader market, BlackRockโs continued buying suggests growing institutional conviction and validation of Bitcoinโs long-term role in diversified portfolios. Expect increased focus on BTCโs macro momentum and possible price support around key levels. #BTC
Galaxy Digital has successfully sold $9.6 billion worth of #Bitcoin โ one of the biggest BTC liquidations ever recorded. ๐จ
Whatโs surprising? The market barely flinched. โ No sharp dips โ No panic sell-off
This massive sale was absorbed smoothly, highlighting the deep liquidity and resilient demand in the crypto space. ๐ช๐
Itโs a powerful signal: institutional confidence is high, and the market's strength is undeniable. The ability to handle such volume without volatility proves how mature and robust Bitcoin trading has become.
๐ฅ Truly #BullishMomentum for #BTC and the broader #CryptoMarket.
$ETH More than 6.2 million ETHโover 5% of Ethereum's total supplyโhas effectively been destroyed. ๐ฅ
๐น Around 913,111 ETH (worth approx. $3.43B) is considered permanently lost due to user errors such as sending to burn addresses or lost private keys, according to Coinbaseโs Conor Grogan.
๐น Additionally, 5.3 million ETH ($23.4B) has been burned through Ethereumโs EIP-1559 upgrade, which removes a portion of transaction fees from circulation.
Together, this destruction surpasses 6.2 million ETH, significantly reducing Ethereumโs circulating supply and increasing scarcity.
๐ The actual figure could be even higher, factoring in untracked losses and inaccessible wallets.
This deflationary pressure may play a key role in Ethereumโs long-term value proposition.
๐ฎ "Doge is projected to rise from $0.237 to $0.82 within six months โ imagine riding that moonโshot ๐, from cute meme to serious momentum!" ๐๐
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