Bitcoin Surges to $840K with Wall Street
Bitcoin could see $1.3T-$5.3T in inflows if portfolio allocations increase, potentially driving prices to $250K-$840K within 3-5 years, per @River’s model. #Update #Crypto $BTC
Bitcoin could see $1.3T-$5.3T in inflows if portfolio allocations increase, potentially driving prices to $250K-$840K within 3-5 years, per @River’s model. #Update #Crypto $BTC
SEC hosts roundtable on 24/7 trading for U.S. stocks with 27 TradFi firms, including 18 crypto-linked companies like @BlackRock and @Nasdaq. #Update #Finance
@JPMorgan, @Citigroup, @BankofAmerica, and @WellsFargo are launching a tokenized deposit network by early 2027 to counter stablecoin competition, enabling 24/7 blockchain transactions under existing regulations. #Update #Crypto $USDC
Hyperliquid has become Wall Street’s preferred weekend venue for perpetual futures, dominating over 70% of the market. ICE Chair Jeffrey Sprecher calls it a “wake-up call.” #Update #Crypto
Bank of America appoints Adam Dixon as global head of digital asset transformation to consolidate crypto initiatives, signaling readiness for operational strategy amid evolving regulations. #Update #Crypto
Citi projects tokenized securities to grow from $17B to $5.5T by 2030, driven by Treasury bills, stocks, and stablecoins on Wall Street’s blockchain networks. #Update #Finance
Bitcoin hits $76K as tech stocks drive Wall Street to new records. #Update #Crypto $BTC
X Finance Bull highlights $XRP’s global adoption, noting Asia-Pacific leads with 35%-40% of holders. Institutional demand rises in North America post-ETF launch. Current price: $1.32. #Update #Crypto $XRP
Ripple is central to NYSE’s tokenization plans, collaborating with Securitize to integrate blockchain in traditional finance, potentially boosting $XRP’s role in global asset transfers. #Update #Finance $XRP
Wall Street is advancing towards tokenized equities with 24/7 trading, but institutional investors express concerns about instant settlement’s impact on liquidity and costs. #Update #Crypto $BTC
Institutional investors added $619 million to Bitcoin and crypto assets this week, with $521 million in inflows to $BTC, while $30.3 million flowed out of XRP amid market volatility. #Update #Crypto $BTC (+6) ↗
@Citigroup plans to launch institutional bitcoin custody later this year, integrating it into traditional banking systems amid strong client demand for familiar crypto exposure. #Update #Crypto $BTC
Bitcoin surges past $69,000 as Wall Street stabilizes and ETF investments flow back into the market. #Update #Crypto $BTC
Major tech firms are investing $700B in AI infrastructure, likened to oil; new financial instruments like GPU-backed securities may emerge, facing challenges from rapid obsolescence and regional data center disparities. #Update #Crypto $BTC