Apparently, Bitcoin Indonesia has been meeting with Indonesian government officials. In order to examine the possibility of using Bitcoin as a reserve asset, which might boost the country’s economy. On Monday, Bitcoin Indonesia announced via an X post that they had been invited to the office of the Vice President.
As Bitcoin fell over the weekend and then rose somewhat on Monday, BlackRock’s US-listed Bitcoin fund had its largest outflow since May. Monday was the biggest outflow of $292.5 million for BlackRock’s iShares Bitcoin Trust (IBIT) in two months. On Friday, there was a little outflow as well, ending a
The latest Bitcoin acquisition was disclosed by the Japanese corporation Metaplanet. This purchase is timed to coincide with the beginning of a recovery in the cryptocurrency market as a whole from its recent lows. Regardless of market volatility, this demonstrates institutional confidence. With a total investment of around $53.7 million,
The net outflow of $812.25 million from spot Bitcoin exchange-traded funds (ETFs) on Friday was the second-biggest loss in a single day for these products. Cumulative net inflows dropped to $54.18 billion as the downturn reversed a week of consistent increases. According to SoSoValue, the total assets under management fell
The Metaplanet, a Japanese investment company, has announced a grand plan to issue perpetual preferred shares worth $3.7 billion. The financing program is expected to propel the aggressive Bitcoin buy-up program of the firm to a greater extent. This proposal will be voted on by shareholders in an Extraordinary General
MARA Holdings has reported a remarkable 64% year-over-year increase in Q2 2025 revenue, reaching $238 million, fueled by the surge in Bitcoin’s value and expansion of its mining operations. This surpasses Q1’s $214 million and the previous year’s Q2 total of $145 million. Strategic Growth and BTC Holdings Drive Profit
As crypto markets regain their footing, smart investors are scanning for the top crypto gainers that could lead the next leg of the rally. With volatility on the rise and sentiment turning bullish again, this week’s outperformers are showing strong on-chain fundamentals, fresh institutional interest, and clear roadmaps. These aren’t
Cryptocurrency education activists say that the ambitious Bitcoin reserves approach in El Salvador has not brought tangible gains to the common people. The Central American nation’s IMF loan agreement has further put Bitcoin out of reach of the people, raising doubt over the future of digital currency in the country.
Institutional interest in Ethereum increased this week, leading US investors to pump more money into spot Ether (ETH) exchange-traded funds than Bitcoin funds during the past six trading days. BlackRock’s ETHA and Fidelity’s FETH Lead the Way The latest influx was most beneficial to BlackRock’s iShares Ethereum ETF (ETHA), which
A total of $731.93 million was liquidated on the cryptocurrency market in the last 24 hours. Traders liquidated their holdings totaling 213,729 throughout the period, which caught many by surprise given the recent strong trend in the market. The market lost a total of $731.93 million due to both long
