Bitcoin’s market cap reached a new all-time high in late May, touching $2.22 trillion before retreating to $2.13 trillion at the end of June.
But while the headline price wavered, a closer look at Bitcoin’s full valuation stack reveals a much deeper and more resilient layer of capital inflows. Realized, delta, and thermo cap expanded throughout the first half of 2025, pointing to persistent...
Arizona Governor Katie Hobbs has vetoed a proposed law establishing a state-run Bitcoin and digital assets reserve fund.
On July 1, Governor Hobbs informed House Speaker Steve Montenegro in a letter that she opposed House Bill 2324, which sought to establish a “Digital Assets Reserve Fund” funded by criminal asset forfeiture.
In her veto letter, Governor Hobbs explained that the bill could...
A long-time Bitcoin holder has finally cracked open one of the rarest physical Bitcoin collectibles in existence—a Casascius bar loaded with 100 BTC.
The collector, who goes by the name John Galt on the Bitcoin Talk forum, originally bought the bar in 2012 for just $500. 13 years later, he redeemed it when the top crypto crossed the $100,000 mark, unlocking a fortune now worth over $10 million....
Ethereum developer Zak Cole is spearheading a new initiative called the Ethereum Community Foundation (ECF), which will primarily work to enhance the digital asset’s economic value.
The initiative was announced during the Ethereum Community Conference in Cannes, France.
Founded by Cole and a group of ecosystem supporters, the ECF has reportedly already raised “millions” and intends to allocate...
Figma’s initial public offering (IPO) prospectus reveals that the design software company holds approximately $69.5 million of the Bitwise Bitcoin ETF (BITB).
According to a July 1 filing, a table lists the ETF under level-1 marketable securities at $69.533 million.
The document also stated that the board authorized a $55 million purchase on March 3, 2024, implying that the position has...
Bitcoin (BTC) investors have kept their coins off exchanges in recent weeks, even as market-wide profitability climbed to levels that typically trigger distribution, according to a July 1 report from Glassnode.
Bitcoin fell from $106,000 to $99,000 during last week’s Israel-Iran flare-up, but buyers defended the short-term holder cost basis at $98,300 and pushed the market back to $107,000 after...
The crypto market saw significant declines on July 1 despite Bitcoin’s record monthly close the day prior amid continued institutional and corporate accumulation.
Bitcoin (BTC) managed to maintain its footing above the $105,000, but altcoins experienced drastic declines, with some posting double-digit percentage losses for the day.
Bitcoin fell nearly 2% to a low of $105,182, while its daily...
Public companies bought 245,510 Bitcoin (BTC) in the first half of the year, more than 2x higher than the 118,424 BTC absorbed by exchange-traded funds (ETFs) during the same period.
The year-to-date figure marks a 375% jump from the 51,653 BTC corporations acquired in the first half of 2024. ETFs, by contrast, purchased 56% less BTC than they did a year earlier, when funds added 267,878 BTC...
The Securities and Exchange Commission (SEC) is working with US exchanges on a generic listing framework for token-based exchange-traded funds (ETFs) that could eliminate the need for issuers to file individual rule-change requests, Fox News’ Eleanor Terret reported on July 1.
According to the report, the initiative would enable an ETF sponsor to bypass the customary Form 19b-4 process when the...
European banking behemoth UniCredit is entering the crypto arena with a structured product tied to BlackRock’s spot Bitcoin exchange-traded fund (ETF), Bloomberg News reported on July 1, citing an internal memo.
Under the plan, UniCredit will offer professional clients a five-year, U.S. dollar-denominated investment certificate linked to BlackRock’s iShares Bitcoin Trust (IBIT). The product will...