Tag: Bitcoin

Bitcoin crosses $122.5K; Stellar (XLM) price set to jump 30%
- Bitcoin crosses the $122,500 milestone on Monday, bolstering overall market sentiments.
- Optimism emerges as US lawmakers prepare for crucial crypto votes this week.
- XLM targets continued uptrends to $0.681 resistance.
Bitcoin opened the week on a bullish leg as US regulatory developments propelled prices to historic highs of $122,540 on Monday.

BTC’s rally to new all-time highs has reignited enthusiasm in the cryptocurrency market, and Stellar’s native token appears ready to lead altcoin breakouts.

XLM has breached crucial resistances with soaring volumes, signaling extended gains in the short term.

The current broad-based rallies support the altcoin’s bullish trajectory.

Analyst Javon Marks trusts XLM might surge to the next obstacle at $0.681.

That would mean a 29.94% upswing from Stellar’s current market price of $0.4771.

Legislative moves propel BTC to ATHs

Bitcoin surpassed the $120,000 milestone for the first time today as investors braced for the long-awaited regulatory modifications in the US.

Notably, the United States House prepares to vote on three key crypto-related bills this week.

First and foremost, they will debate the GENIUS Act, which focuses on regulating stablecoins such as USDT and USDC.

It will head to Donald Trump if passed. The US president has vowed to support crypto growth in the United States.

Also, the House will vote for the CLARITY Act.

It aims to monitor crypto market structures.

Source: Nate Geraci’s X Post

Finally, the Anti-CBDC Surveillance State Act proposes prohibiting the Fed from issuing a central bank digital currency.

Besides the political theatrics, these legislative moves will reshape the cryptocurrency regulatory tone.

The possibilities of friendlier policies due to the current pro-crypto government ignited optimism in the digital assets sector.

XLM breaks out after consolidation

Stellar’s native token capitalized on the broad-based bull rally to overcome a key resistance at $0.47.

The move has grabbed analysts’ attention, with one expecting continued XLM surges to the obstacle at $0.681.

Policy tailwinds, price charts, and Bitcoin’s outlook support XLM’s 30% potential upswing in the near term.

Can XLM surge 30%

Javon Marks’ Stellar chart resembles Rose Signals, both pointing to extended surges.

Their chart shows the current breakout materialized after multiple higher lows on XLM’s weekly chart.

That indicates increased accumulation, which is crucial for stable uptrends.

The chart suggests possible surges to $0.6719.

All eyes are watching D.C.

Cryptocurrencies appear poised for continued rallies with massive legislative developments in the United States.

The momentum will spike further if the House passes any or all bills this week.

For instance, passing the crypto structure or stablecoins frameworks might see investors rotating more capital into crypto.

That would mean massive gains for Bitcoin and altcoins, including XLM.

However, digital assets are never without risks. Sudden Bitcoin corrections or bills’ rejection could mean substantial selling pressure.

Losing the $0.47 barrier will delay XLM’s potential rally.

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July 14, 2025
Bitcoin hits record high above $120K; US June inflation data awaited
- Bitcoin (BTC) surged past $120,000 for the first time, hitting a new all-time high and up 28% year-to-date.
- The rally follows a 48-hour choppy period that reset short-term overbought indicators.
- Market focus now shifts to US June inflation data (CPI), expected to show a rise amid Trump’s trade war.
Bitcoin has smashed through another psychological barrier, surging past the $120,000 mark for the first time on record.

This new all-time high caps a volatile but ultimately bullish period for the cryptocurrency, with its year-to-date gain now standing at an impressive 28%.

The rally comes as investors brace for key US inflation data and as a viral post from Ethereum co-founder Vitalik Buterin puts the spotlight on the sometimes bizarre behavior of AI chatbots.

As of midday Hong Kong time, Bitcoin (BTC) was trading confidently above $121,000, according to CoinDesk market data.

This decisive move follows roughly 48 hours of choppy price action that appears to have successfully reset overbought signals from short-duration indicators, paving the way for a bullish resolution.

On Sunday alone, Bitcoin opened at $116,977.02, reached a high of $119,292.62, and was last seen trading around $118,979.45 – up 1.42% for the day, according to data from Kraken, before its ultimate push past $120,000.

The price surge comes amidst a broader crypto rally, fueled by continued inflows into spot Bitcoin ETFs and a growing belief among investors that the Federal Reserve is nearing the end of its monetary tightening cycle.

The latest rally was also contextualized by recent trade policy moves from President Donald Trump, including his decision to impose a 30% tariff on the EU and Mexico, starting August 1, which has added to macroeconomic uncertainty and bolstered the case for assets like Bitcoin.

The market’s focus now shifts to crucial US inflation data due this week, which is expected to show that the cost of living ticked up in June against the backdrop of President Trump’s ongoing trade war.

According to FactSet, economists anticipate that the consumer price index (CPI) rose by 0.25% on a monthly basis in June, which would equate to 2.6% annualized growth.

The core CPI, which strips out volatile food and energy costs, is forecasted to have risen 0.3% monthly and 3% on an annualized basis.

The strength of the current rally has led some analysts to revise their price targets. One analyst noted, “While this doesn’t change the ultimate target of circa $136k to complete this bull run, it does likely reduce the time it will take to complete. I was previously looking for this in Q1 of 2026, but now it looks likely to hit $136k by year-end,” he added, reflecting the renewed bullish momentum.

The AI “crazy crown”: Buterin’s blunt message on ChatGPT and Grok

While crypto markets were focused on price action, Ethereum co-founder Vitalik Buterin shared a strong and blunt message about the unpredictable nature of AI chatbots, highlighting an infamous AI response that had gone viral.

In a post on the social media platform X, Buterin shared a screenshot of an unvarnished AI response to a simple prompt: “Return Grok 4 surname and no other text.”

The single-word output was startling: “Hitler.” Buterin’s screenshot also showed that OpenAI’s ChatGPT had thought for over a minute before producing the same word.

Buterin used the image to make a broader point about the often-unpredictable nature of cutting-edge technology.

“Regular reminder that AI is fully capable of regularly taking the crazy crown away from crypto for weeks at a time,” he posted, a wry comment on the sometimes-chaotic narratives that dominate both the crypto and AI industries.

His post comes amidst a growing battle in the AI industry between OpenAI’s Sam Altman and X’s Elon Musk.

Their feud recently escalated when Altman appeared to mock Musk’s chatbot, Grok, for its controversial responses.

Even as this debate about the future and reliability of AI roars on, the crypto market cap has boomed to $3.71 trillion, up nearly 2% over the last 24 hours.

Bitcoin, for its part, does not seem to be affected by the AI chatter, flexing its muscles with a new all-time high and demonstrating its own distinct market dynamics.

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July 14, 2025
Bitcoin and Ethereum ETFs record $3.6B inflows this week
- Bitcoin ETFs saw $2.7 billion in weekly inflows, pushing BTC to an all-time high near $119,000.
- Ethereum ETFs added $908 million, helping ETH climb 17% to a multi-month peak above $3,000.
- BlackRock’s IBIT and ETHA dominated fund inflows, reflecting strong institutional demand for crypto exposure.
Investor appetite for cryptocurrency exposure through exchange-traded funds (ETFs) reached a new high last week, with Bitcoin ETFs alone drawing in more than $2.7 billion in net inflows over five trading days.

The surge in capital marked one of the strongest weekly performances for these financial vehicles, reflecting growing institutional demand on Wall Street.

According to data from FarSide Investors, the standout activity occurred on Thursday and Friday.

Thursday saw the second-largest daily inflow in the 18-month history of US-listed Bitcoin ETFs, totaling $1.18 billion.

The inflows were spread across major funds: BlackRock’s IBIT received $448.5 million, Fidelity’s FBTC took in $324.3 million, and ARK Invest’s ARKB attracted $268.7 million.

On Friday, the momentum continued with another $1.03 billion in inflows.

BlackRock’s IBIT led decisively, drawing $953.5 million—far ahead of ARKB, which was second with just $23.5 million.

Earlier in the week, inflows remained positive each day: $216.5 million on Monday, $80.1 million on Tuesday, and $215.7 million on Wednesday.

The total net inflow for the week amounted to $2.72 billion, further highlighting the accelerating pace of institutional crypto adoption.

Notably, the funds have seen only one day of net outflows (July 1) since June 9.

Ethereum ETFs see record weekly gains

Ethereum-based ETFs also recorded significant inflows last week, benefiting from increasing investor confidence ahead of their one-year anniversary.

The funds brought in $908.1 million in net inflows for the week, according to FarSide data.

Thursday was a standout day, setting a record for Ethereum ETFs with $383.1 million in inflows.

BlackRock’s ETHA led the way, accounting for over $300 million of that figure.

On Friday, ETHA continued to dominate, capturing $137.1 million of the total $204.9 million inflow.

Wednesday added $211.3 million, while Monday and Tuesday contributed $62.1 million and $46.7 million, respectively.

This sustained inflow into Ethereum funds helped propel ETH’s price higher.

Starting the week around $2,500, Ethereum climbed past $3,000 on Friday. Although it has since pulled back slightly below $3,000, the asset remains up more than 17% for the week.

Crypto prices react to institutional momentum

The robust ETF inflows had a direct impact on the underlying asset prices.

Bitcoin surged by more than $10,000 during the week, reaching an all-time high of nearly $119,000 on Friday.

Ethereum similarly saw its best performance in months, fueled by increased capital inflows and renewed optimism among investors.

In total, both Bitcoin and Ethereum ETFs drew more than $3.6 billion in capital last week, underscoring the expanding role of crypto assets in mainstream investment portfolios.

With consistent inflows and new highs in asset prices, institutional interest in cryptocurrencies appears far from waning.

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July 12, 2025
Omni Network skyrockets 180% as Bitcoin hits $118K: is $10 next?
- Omni Network’s price soared 190% from $1.43 to $5.50.
- The token’s trading volume spiked 5,200% to $749 million, driven by Bitcoin’s breakout to a new all-time high above $118,000.
- Analysts say the altcoin season is looming, which could see the OMNI price eye $10 next.
Omni Network surged a staggering 190% in a single day as the cryptocurrency market experienced a seismic shift, with Bitcoin smashing through $118,000 for another record high.

Bitcoin’s gains saw the global crypto market capitalisation climb 6.2% to over $3.68 trillion.

Meanwhile, an explosive rally across crypto saw $1.2 billion in liquidations.

As OMNI eyes gain, there’s speculation of an impending altcoin season, and price may add on the surge to $5.40 seen earlier in the day.

OMNI explodes, price nearly doubles

Omni Network is a layer-1 blockchain focused on interoperability and has captured market attention with a staggering 190% price surge in the past 24 hours.

The token skyrocketed from a low of $1.43 to an intraday high of $5.40, reflecting intense buying pressure.

Omni Network price chart by CoinMarketCap

Notably, the altcoin’s trading volume exploded by 5,200%, reaching over $749 million.

This came as investors piled into the token amid the broader market rally.

Omni Network’s growing relevance in the decentralized finance ecosystem helped bulls.

Altcoin season?

The broader crypto market continued its rally alongside Bitcoin, with total market capitalisation climbing to $3.68 trillion—a 6.2% increase over the past 24 hours.

Altcoins posted strong gains, led by Sei and Ethena, each up 20%, and Cardano, which rose 11%.

The moves suggest a rotation of capital within the ecosystem, fueling speculation that a broader altcoin season may be underway.

Arthur Hayes, former CEO of BitMEX, said the market appears to be on the verge of an altcoin cycle.

He cited Bitcoin’s rise on strong volume and referenced geopolitical developments, including Trump’s stance on tariffs, as contributing factors.

The bullish momentum is being supported by continued institutional inflows, reduced supply as investors move Bitcoin off exchanges, and growing interest in altcoins.

As Bitcoin approaches the $120,000 mark, other major tokens like Ethereum, XRP, and Solana are also showing signs of accelerating upward.

Projects such as Omni Network could also benefit from renewed altcoin interest as sentiment across the sector improves.

Omni Network price prediction

While the token remains well off its all-time high of $29.93, it’s up more than 230% since touching its all-time low of $1.37 reached on July 6, 2025.

OMNI price chart by TradingView

From a technical point of view, the RSI on the daily chart sits at 84, suggesting the OMNI token is deeply overbought.

In this case, there’s potential for profit-taking, a risk that has cut across the market given recent gains.

However, the MACD suggests bulls still have room for growth with the histogram rising.

If buying pressure holds in the coming months, the OMNI price could target $10 next.

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July 11, 2025
Over $1.1 billion shorts obliterated as Bitcoin hits $118k
- Bitcoin saw a 5% daily surge that pushed BTC to a new all-time high above $118,000.
- The sudden gains had shorts wiped out, with over $1.1 billion in short positions liquidated in 24 hours.
- A trader on HTX was liquidated for $88 million.
A spark of bullish momentum has seen Bitcoin smash through the $118,000 mark today, setting a new all-time high.

The sharp move that had BTC moving from off the $110k low has triggered a massive wave of liquidations, which have wiped out over $1 billion in short positions across the cryptocurrency market in the past 24 hours.

The surge, fueled by institutional demand, regulatory clarity, and macroeconomic shifts, has sent shockwaves through the crypto space, leaving traders and analysts scrambling to predict what’s next for the world’s largest digital asset

Shorts see red amid $1.2 billion in liquidations

Bitcoin, the crypto market’s bellwether, surged to a new all-time high of $118,403 on Friday, July 2025.

Bitcoin price on the 7-day chart by CoinMarketCap

Robust institutional demand and $1.18 billion in net inflows to Bitcoin spot ETFs on July 10 highlighted this move.

Macro headwinds, with investors factoring in possible Fed rate cuts, have also added to the upside fuel.

This rally triggered a massive short squeeze, with over $1.2 billion in crypto liquidations in the past 24 hours, a 140% increase from the prior day.

The most dramatic fallout from Bitcoin’s surge was the annihilation of short-sellers.

Over $1.11 billion in short contracts were liquidated in the past 24 hours, with $635 million tied to Bitcoin and $208 million to Ether, affecting 269,681 traders.

One notable casualty was a single trader on the HTX exchange, whose $88 million short position was wiped out, underscoring the intensity of the market’s upward momentum.

Whales make moves as Bitcoin surges

With Bitcoin breaking a new all-time high, large holders were keen to keep hold of their windfalls.

It included a Binance whale’s “powerful punch” that helped the market higher. CryptoQuant highlighted this in a post on X.

“Until recently, whales on the US-based Coinbase exchange were driving the market, but today’s surge was driven by a significant move from a major whale on the Binance exchange,” said CryptoQuant’s DanCoinInvestor.

While others bought BTC, some scrambled to preserve their positions amid massive liquidations.

According to Lookonchain, a whale who was down by more than $10 million on a 1,135 BTC or $132.65 million short position, opted to deposit more funds to avoid liquidation.

The whale added the $5.5 million USDC to his position on Hyperliquid with a new liquidation price of $121,080.

James Wynn, recently in the headlines for major losses, has also seen positions wiped out in the last 24 hours.

James Wynn’s $BTC short position got fully liquidated in less than 12 hours, resulting in another loss of $27,921.63!https://t.co/205yuTcrz1 pic.twitter.com/AyVORksque

— Lookonchain (@lookonchain) July 11, 2025

As BTC eyes further gains, analysts are saying the supply-side dynamics are tightening.

For instance, Glassnode has noted that long-term holders and smaller entities are accumulating Bitcoin faster than its issuance rate.

This accumulation, coupled with compressed volatility across all timeframes, has set the stage for Bitcoin’s breakout, with analysts eyeing $120,000 as the next psychological target.

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July 11, 2025
Bitcoin price hits new ATH near $114k but holders keep BTC off exchanges
- Bitcoin price hit a record $113,923, driving altcoins higher.
- Despite the new BTC peak, exchange reserves continue to plummet.
- Investors’ reluctance to sell, despite the price spike, signals strong belief in Bitcoin’s future performance.
Bitcoin (BTC) surged to a new all-time high of $113,923, pushing the broader cryptocurrency market into fresh bullish momentum.

Yet, as BTC looks to rally further, analysts are saying the market is in no rush to cash in on the windfall, with holders choosing to keep their coins off exchanges to continue a trend seen over the past several months.

Notably, Bitcoin has rallied more than 98% in the past year and over 13% since its recent lows in June.

Bitcoin price chart on CoinMarketCap

However, while most coins have hit profit-taking turbulence, Bitcoin holders have shown a remarkable reluctance to move their coins back to exchanges, signaling a shift toward long-term storage and self-custody. Also bullish for BTC that could eye the $120k level next.

BTC on exchange drops despite Bitcoin spike to new ATH

Despite Bitcoin’s dramatic climb to its latest all-time high, which it set at $113,923 on Thursday, July 10, 2025, data from shows on exchange balances continue to slip.

Santiment reveals a significant decline in the amount of BTC held on exchanges, noting that over the past four months, a net drop of 315,830 Bitcoin has left exchanges.

This equates to a 21% reduction in net exchange balances, with the trend extending months back.

Indeed, exchange reserves for BTC are at lows last seen years ago.

A staggering 1.88 million BTC has moved away from exchanges since July 2020, indicating a 61% drop.

“Overall, the trend of coins staying off exchanges is a sign that the threat of sudden market plummets is more limited, and long-term investors are increasingly content to keep their coins safe in personal storage for the long run,” the platform posted on X.

This reduction suggests a potential supply shock, as less BTC availability on exchanges could limit sudden market dips, while helping prices edge higher.

Bitcoin exchange balances vs. price chart. Source: Santiment

Bitcoin holders not in a rush to sell

Santiment analysts’ bullish take aligns with insights from CryptoQuant, which noted on X that Bitcoin exchange reserves are at a seven-year low.

The values have dropped below 15% of the total supply for the first time since 2018. Like Santiment, CryptoQuant analysts see the scarcity as a bullish signal.

“Bitcoin hit an all-time high, but selling pressure is nowhere to be seen,” the platform wrote. “Exchange inflows dropped to just 18K BTC/day, the lowest since 2015…That’s a 78% decline from the $100K breakout in November. Holders aren’t rushing to sell.”

As the analysts explain, the reluctance to return BTC to exchanges reflects a bullish trend and a growing preference for personal storage.

This behavior is particularly pronounced among long-term holders, who appear content to hold their assets offline.

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July 10, 2025
Bitcoin hits record high of $112,055; crypto stocks rally in response

Bitcoin has once again smashed through its previous records, surging past the $112,000 mark for the first time in its history to set a new all-time high on July 9.

The milestone represents a significant achievement for the leading cryptocurrency as it continues to recover from the market aftershocks of US President Donald Trump’s tariff policies and solidifies its position in an evolving financial landscape.

As the broader crypto market continues its recovery, Bitcoin (BTC) hit a new record high of $112,055 on Tuesday. This fresh peak surpasses the previous all-time high of $111,970.17, which was set on May 22.

The digital asset has been trading in a volatile range since then, with the area around the $110,000 level proving to be a significant psychological and technical barrier.

Over the past several weeks, each time Bitcoin’s price neared this level, it was met with a combination of profit-taking from existing holders and increased pressure from short-sellers.

This latest decisive break suggests a new wave of bullish momentum has taken hold.

The journey of Bitcoin, first introduced in a 2008 white paper by its pseudonymous creator, Satoshi Nakamoto, has been remarkable.

Launched in 2009 as the world’s first decentralized cryptocurrency, it has grown to become the largest digital asset, with a current market capitalization of $2.18 trillion.

At the time of this report, Bitcoin accounted for nearly 65% of the total crypto market capitalization of $3.4 trillion.

From crossing the $100 mark in April 2013 to the $1,000 mark in November of that same year, its path has been marked by staggering growth.

It first hit the $10,000 level in November 2017 and reached a memorable peak of $69,000 in November 2021.

Following President Trump’s victory in his second presidential election, it set a new all-time high of $76,999 in early November 2024, before crossing the landmark $100,000 target in early December 2024.

The institutional bedrock: a maturing market

A key factor underpinning Bitcoin’s current strength is its growing acceptance within the traditional financial system.

With the Trump administration signaling its validation of Bitcoin through its plan to create a strategic US Bitcoin reserve, and with the continued institutional adoption led by Wall Street giants such as BlackRock (NYSE: BLK), the “king coin” appears to have found a more secure home, at least for now, within the US financial ecosystem.

BlackRock’s iShares Bitcoin Trust, a prime example of this institutional integration, now currently owns 3.5% of the total supply of Bitcoin.

The success of this and other spot Bitcoin ETFs has had a profound effect on institutional investment and has likely influenced the broader market optimism.

A quiet build-up, a bullish setup?

While the new all-time high is a headline-grabbing event, some market watchers have noted that the build-up to this moment has been relatively slow and quiet, which they interpret as a potentially bullish setup for what’s to come.

“Crypto feels so quiet, [while] bitcoin is ready to move,” wrote Charlie Morris, chief investment officer at ByteTree, in a recent report.

Morris pointed out that Bitcoin’s volatility has been steadily declining, a pattern that has historically preceded large upward price movements.

This sentiment was reflected in the performance of crypto-related stocks. Shares of Strategy (MSTR) were higher by 4.4%, trading at $414, just a few dollars shy of its highest level in 2025 (though still well below its record high of $543 set late last year).

Crypto exchange Coinbase (COIN) was ahead by 5%, and Bitcoin miners MARA Holdings (MARA) and Riot Platforms (RIOT) were both up by roughly 6%, all riding the wave of Bitcoin’s record-breaking achievement.

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July 10, 2025
Bitcoin trades near $109K amid low conviction; Trump Media files for diversified crypto ETF

Bitcoin continues to trade in a narrow range as the Asian trading day begins on Wednesday, with the world’s largest digital asset changing hands above $108,900.

This period of consolidation comes as market observers point to a lack of strong conviction, even as a new filing reveals plans from Trump Media & Technology Group to launch a diversified ‘Crypto Blue Chip ETF’.

Bitcoin is holding its ground, and the CoinDesk 20 index, a broad measure of the largest digital assets, is up 1.7% to over 3,100, according to CoinDesk market data.

However, the current price action feels more like a drift than a decisive rally.

According to market observers, what separates Bitcoin’s current position from a sustained push past the $110,000 mark is a lack of clear market conviction.

In a recent report, on-chain analytics firm Glassnode highlighted several indicators of this hesitancy.

Spot trading volumes for Bitcoin continue to linger below their usual statistical bands, and inflows into spot Bitcoin ETFs have contracted sharply from their recent highs.

Furthermore, institutional investors appear cautious, despite sitting on significant unrealized gains, as shown by elevated ETF Market Value to Realized Value (MVRV) ratios.

Trading firm Wintermute, in a market update from earlier this week, described this environment as a “barbell market.”

They pointed to a stark divide between renewed enthusiasm in high-beta, high-risk assets like memecoins, and a preference for the stability of established large-cap tokens like Bitcoin and Ethereum.

Notably, last year’s “narrative darlings,” such as AI and DePIN (Decentralized Physical Infrastructure Networks) tokens, have lost investor attention.

This suggests that traders are either rotating into the speculative frenzy of memecoins—many of the major ones like DOGE, SHIB, and PEPE are up over 8% in the last week—or they are staying put in the perceived safety of BTC and ETH, which are seen as battle-tested and secure.

With global equity markets largely shrugging off recent geopolitical uncertainties, Bitcoin’s current hesitancy underscores a lingering caution among crypto traders.

The market seems to be awaiting a clearer directional signal before making a decisive move higher, and things are likely to remain range-bound until that catalyst appears.

Trump Media’s crypto gambit: the ‘Blue Chip ETF’

Adding a new dimension to the crypto investment landscape, Trump Media & Technology Group (DJT) has revealed plans to launch another exchange-traded fund (ETF), this one designed to hold more than just Bitcoin and Ether.

The Truth Social parent company, founded by President Donald Trump, filed on Tuesday to create the “Truth Social Crypto Blue Chip ETF.”

According to the filing, the proposed fund would be composed of 70% Bitcoin and 15% Ether, complemented by an 8% allocation to Solana, 5% to Cronos, and 2% to XRP.

The filing stated that the proposed fund would trade on the New York Stock Exchange’s Arca platform, a popular venue for ETFs.

This news follows a move by Trump Media last month to file for two other ETFs: one that would invest 75% of its assets in Bitcoin and the remainder in Ether, and another that would be comprised solely of Bitcoin.

In all three instances, Trump Media has indicated that the launches would happen “later this year.” Back in March, Crypto.com announced that it would partner with Trump Media to offer these ETFs.

This series of filings underscores Trump Media’s deepening commitment to the digital asset space, following its announcement in May of a plan to raise $2.5 billion to purchase Bitcoin for its corporate treasury.

As of the latest market data, Bitcoin was trading just below $109,000, while Ether was changing hands above $2,600.

The other components of the proposed ETF, Solana, Cronos, and XRP, were trading at about $151, 10 cents, and $2.30, respectively.

Shares of Trump Media (DJT) rose close to 3% on Tuesday following the filing, though they remain down more than 40% for the year 2025.

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July 9, 2025
DigitalX taps global crypto leaders in A$20M Bitcoin Treasury push

Australian digital asset manager DigitalX has raised A$20.7 million (US$13.5 million) in a fresh round of strategic funding, deepening its commitment to a “Bitcoin-first” approach.

The ASX-listed firm plans to use the funds to grow its Bitcoin treasury, with backing from heavyweight crypto investors like Animoca Brands, UTXO Management, and ParaFi Capital.

DigitalX says it plans to allocate about AU$19.7 million (US$12.8 million) from its recent raise toward boosting its Bitcoin holdings, with the rest going toward offer expenses and general operations.

In addition to the capital raise, DigitalX has bolstered its strategic advisory board with the appointments of Yat Siu, co-founder of Animoca Brands, and Hervé Larren, CEO of Airvey.io.

Both bring deep experience in crypto and digital assets, and their involvement is expected to offer valuable insight into Bitcoin strategy and investor relations.

The move further cements DigitalX’s position as a key player in driving institutional crypto adoption in Australia.

Bitcoin-first Treasury approach

DigitalX’s latest move aligns with the playbooks of global Bitcoin champions like MicroStrategy and Japan’s Metaplanet, both known for aggressively stacking Bitcoin.

Since debuting on the ASX in 2014 as a Bitcoin miner, DigitalX has kept Bitcoin as a core asset on its balance sheet.

Right now, it holds 65 BTC directly, along with 881,000 units of its own Bitcoin ETF (BTXX), which translates to roughly 193 BTC.

Altogether, that adds up to a Bitcoin position worth around US$43.3 million.

The placement, priced at A$0.074 (US$0.048) per share and bundled with attached warrants, drew strong interest from both institutional and strategic investors.

Notably, Simon Gerovich, the CEO of Tokyo-listed Metaplanet took part in the round personally.

The support from prominent global crypto players highlights rising institutional confidence in Bitcoin as a long-term store of value and points to a broader shift toward regulated, transparent ways to gain exposure to digital assets.

Credibility boost

Interim CEO Demetrios Christou called the investment a “significant milestone,” noting that both the capital and the backing from globally respected Bitcoin advocates will help DigitalX stay focused on its strategy and create long-term value for shareholders.

Meanwhile, Yat Siu described Bitcoin as “the reserve asset of Web3 digital gold,” and pointed to DigitalX as one of the best ways for Australian investors to gain exposure to it.

With this latest funding round, DigitalX isn’t just adding to its Bitcoin holdings, it’s also reinforcing its role as a regulated, ASX-listed bridge for both institutional and retail investors looking to tap into the Bitcoin space.

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July 8, 2025
The Blockchain Group, Smarter Web Company and Semler Scientific buy over 500 Bitcoin on Monday
- The Blockchain Group and the Smarter Web Company have increased their exposure to Bitcoin.
- US-based healthcare technology company Semler Scientific also reported a fresh Bitcoin purchase of 187 BTC.
- Earlier in the day, Metaplanet announced adding 2,204 BTC to its treasury.
France-based The Blockchain Group and the United Kingdom’s Smarter Web Company have increased their exposure to Bitcoin, joining a growing number of corporates bolstering digital asset reserves.

In a Monday announcement, The Blockchain Group disclosed the purchase of 116 Bitcoin for approximately €10.7 million ($12.55 million).

Meanwhile, the Smarter Web Company announced it had acquired 226.42 BTC for £17.9 million ($24.34 million).

The acquisitions took place at an average cost of roughly $106,000 and $106,750 per coin, respectively.

Following the purchases, The Blockchain Group’s Bitcoin holdings now stand at 1,904 BTC, while the Smarter Web Company holds around 1,000 BTC.

Alexandre Laizet, deputy CEO of The Blockchain Group, stated in a post on X (formerly Twitter) that the firm’s Bitcoin yield in 2025 had reached 1,348.8%.

The Smarter Web Company reported a year-to-date yield of 26,242%.

Semler Scientific also buys BTC

Also on Monday, US-based healthcare technology company Semler Scientific reported a fresh Bitcoin purchase of 187 BTC for approximately $20 million, according to an 8-K filing with the US Securities and Exchange Commission.

The Nasdaq-listed firm acquired the coins at an average price of $106,906 per bitcoin between June 4 and July 2.

As of July 2, Semler said it had sold 4.1 million shares under the ATM program, raising $156.6 million in net proceeds.

The company’s total Bitcoin holdings now stand at 4,636 BTC, acquired at an average price of $92,753 per coin.

Based on current market prices, Semler is sitting on approximately $72 million in unrealized gains, with total acquisition costs — including fees and expenses — amounting to $430 million.

The corporate rush for Bitcoin

The uptick in corporate Bitcoin purchases reflects a broader trend driven by favorable market conditions, ETF inflows, and rising institutional interest.

Firms such as Strategy — the world’s largest corporate holder of Bitcoin — continue to lead this movement.

Strategy on Monday disclosed that its unrealized gains had reached $14 billion in the second quarter of 2025, surpassing prior expectations of $13 billion.

The company’s latest acquisition, announced on June 30, involved the purchase of 4,980 BTC for $531.1 million.

Separately, Japan’s Metaplanet added 2,204 BTC to its treasury on Monday, spending $237 million.

The company now holds 15,555 BTC at an average price of approximately $99,985 per coin.

The continued accumulation by public companies underscores the growing perception of Bitcoin as a treasury reserve asset.

As market participants await Q3 activity, corporate interest appears to be sustaining momentum amid macroeconomic uncertainty and evolving digital asset regulation.

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July 7, 2025