Bitcoin Nears $111K Peak as Crypto Market Rally Intensifies
Bitcoin surged toward its all-time high of $111,000 while Ethereum gained 6%, driving renewed institutional interest and boosting demand for automated cryptocurrency mining services.
Bitcoin surged toward its all-time high of $111,000 while Ethereum gained 6%, driving renewed institutional interest and boosting demand for automated cryptocurrency mining services.
Remixpoint CEO Takashi Tashiro will receive his entire salary in Bitcoin as part of the Tokyo-based energy company’s shift toward crypto-focused treasury management. The move aligns leadership compensation with the company’s digital asset strategy, which already includes over $116 million in cryptocurrency holdings.
Mercado Bitcoin is tokenizing $200 million in real-world assets on the XRP Ledger, joining a growing trend of financial institutions embracing blockchain-based asset tokenization. The move comes as the industry projects the tokenized RWA market could reach $19 trillion by 2033, despite ongoing regulatory uncertainties.
KBC Bank is set to become Belgium’s first major bank offering Bitcoin and Ether trading to retail clients through its Bolero platform by end-2025. The move reflects growing European bank adoption of cryptocurrency services under MiCA regulation.
The SEC has approved Grayscale’s Digital Large Cap Fund conversion to an ETF, giving investors access to Bitcoin, Ethereum, XRP, Solana, and Cardano through a single regulated investment vehicle. The approval signals potential for more multi-crypto ETFs in 2025’s second half.
Corporations are aggressively building Bitcoin treasuries worth billions while yield-bearing stablecoins emerge as the next major crypto adoption driver across multiple jurisdictions. Global regulatory frameworks for stablecoins are rapidly taking shape as traditional finance embraces digital asset integration.
SoFi Technologies has relaunched cryptocurrency trading services after exiting in 2023 due to regulatory concerns, now offering Bitcoin and Ethereum trading plus blockchain-based global remittances amid improved regulatory clarity.
Bitcoin’s 4% surge past $105,000 has triggered a widespread crypto market rally, with altcoins and memecoins posting double-digit gains as investor sentiment improves dramatically.
Former Binance CEO Changpeng Zhao (CZ) discloses he rarely trades and keeps most of his wealth in crypto, primarily BNB, Bitcoin, and stablecoins. Despite his heavy BNB holdings, he advises followers to diversify investments.
Bitcoin and crypto markets face sharp declines following geopolitical tensions from an Iran attack, triggering risk-off sentiment among investors. Analysts assess whether this is a short-term correction or start of deeper pullback.