What happened in crypto over the past 2 weeks? Bitcoin is returning, the SEC is coming to be quite pleasant to crypto, and Solana is experiencing a resurgence. What else? Read below:
- Bitcoin: Cantor Fitzgerald is pushing deeper into crypto, with a brand-new $ 3 B BTC-focused venture backed by SoftBank and Tether. Japanese hotel operator Metaplanet has boosted its BTC holding to 5000 BTC in a tactical treasury push. Coinbase is introducing a Bitcoin Return fund targeting approximately 8 % yearly returns for organizations. It will certainly be open to non-US investors, too. Grayscale launches ETF focused on BTC treasury-holding and miner business. Approach is climbing another $ 21 B for Bitcoin acquires regardless of posting a $ 4 2 B loss in the very first quarter of 2025 One week earlier, Arthur Hayes (the Bitmex guy) was telling us that this may be the last opportunity to purchase BTC listed below 100 K, and it is resembling he was practically right. Ever since, Bitcoin went from 88 K all the way to 96– 98 K right now. Greater than $ 560 M in short positions were sold off, as BTC went above $ 94 K. Bitcoin had a 12 % recovery while typical markets failed, revealing shocking strength during the US-China tariffs war. As it is, the cryptocurrency is slowly vanishing from the exchanges, with the public business quietly gathering enormous BTC placements after the US presidential …