A team of seasoned crypto executives is aiming to raise $200 million through a special purpose acquisition company (SPAC), adding to the surge of blockchain-related firms seeking public market exposure. Key Takeaways: Bitcoin Infrastructure Acquisition Corp. plans to raise $200 million via a Nasdaq-listed crypto SPAC under the ticker “BIXIU.” The SPAC will target firms in Web3, DeFi, and blockchain infrastructure, including wallets and tokenized finance tools. The launch adds to a surge in crypto SPAC activity, with $575 million raised in just two days. The newly formed Bitcoin Infrastructure Acquisition Corp. Ltd., based in the Cayman Islands, filed with the US Securities and Exchange Commission on Wednesday to offer 20 million shares at $10 each. The firm plans to list on Nasdaq under the ticker “BIXIU.” Crypto SPAC Targets Web3, DeFi, and Blockchain Finance Sectors The blank-check company has not yet selected a merger target but said it would focus on firms operating in digital assets, Web3, financial infrastructure, and blockchain-powered sectors such as payments, decentralized finance (DeFi), and cross-border finance. The company emphasized its intent to back core infrastructure ventures like wallets, custody platforms, exchanges, lending protocols, and tokenized financial tools. Leading the SPAC is CEO Ryan Gentry, previously head of business development at Lightning Labs, the firm behind Bitcoin’s layer-2 Lightning Network. Before that, Gentry was an analyst at Multicoin Capital, a venture fund known for its bets on crypto-native firms and rumored to be working on a $1 billion Solana-focused takeover bid with Galaxy Digital and Jump Crypto. Jim DeAngelis will serve as chief financial officer. He most recently led finance at Kroll, a risk advisory firm involved in numerous crypto bankruptcy cases, including FTX, BlockFi, and Genesis. S-1 filed for Bitcoin Infrastructure Acquisition Corp Ltd. CEO is x-Lightning Labs and Multicoin Capital. $BIXIU pic.twitter.com/jGcScQ9gnR — UnHedgedChatter (@UnHedgedChatter) August 28, 2025 Kroll is currently facing legal action over a data breach that affected creditor data tied to those bankruptcies. Also joining the leadership team is Vikas Mittal, chief investment officer at Meteora Capital, which is sponsoring the IPO. Mittal also chairs CSLM Digital Asset Acquisition Corp III, another crypto-focused SPAC that raised $230 million in its IPO this week. The board of Bitcoin Infrastructure features several notable names from the crypto industry. Parker White, a former Kraken engineering director and current COO at DeFi Development Corporation, will chair the board. Other members include Matt Lohstroh, co-founder of Bitcoin miner Giga Energy, and Tyler Evans, who co-founded Bitcoin Magazine publisher BTC Inc and currently heads UTXO Management. The launch comes amid a flurry of crypto-linked SPAC activity. In addition to CSLM’s $230 million raise, M3-Brigade Acquisition VI Corp closed a $345 million IPO this week, bringing the two-day SPAC fundraising total to $575 million. Investor Appetite Surges After Circle’s Blockbuster Debut The new wave of crypto-focused SPACs comes amid heightened investor interest in digital asset listings. Circle’s June debut saw shares surge nearly 10x from the $31 offering price before settling at $149, underscoring strong market appetite for regulated crypto firms. This month, institutional exchange Bullish more than tripled from its $37 IPO price on its first trading day, closing near $70 on Friday. Several other crypto firms, including OKX, Grayscale, and Kraken, have either hinted at or initiated plans to go public. Meanwhile, listed industry leaders like Coinbase and MicroStrategy have recently hit multi-year highs. The post Crypto Execs Launch $200M SPAC Bid with Nasdaq Listing Under ‘BIXIU’ appeared first on Cryptonews .
BitcoinWorld BTC Perpetual Futures: Unveiling Crucial Long/Short Ratio Insights Are you keeping an eye on the pulse of the cryptocurrency market? For many traders, understanding market sentiment is as crucial as analyzing price charts. One powerful indicator that reveals the collective mood of participants in the derivatives market is the BTC perpetual futures long/short ratio. This metric offers a unique glimpse into whether traders are predominantly betting on Bitcoin’s price to rise (long) or fall (short) on major exchanges. Understanding the BTC Perpetual Futures Long/Short Ratio The BTC perpetual futures long/short ratio essentially compares the number of long positions to short positions held by traders. Perpetual futures contracts are a popular derivative product in crypto, allowing traders to speculate on an asset’s price without an expiry date, much like traditional spot trading but with leverage. A higher long ratio suggests bullish sentiment, while a higher short ratio indicates bearish sentiment. Why is this important? Because it reflects the aggregated view of thousands of traders. By tracking this ratio, especially across top exchanges, we gain valuable insights into potential market shifts and prevailing expectations. It’s a real-time snapshot of where the smart money, or at least the collective money, is leaning. Current Market Sentiment: A Snapshot of BTC Perpetual Futures Let’s dive into the most recent 24-hour long/short position ratios for BTC perpetual futures across the world’s top three cryptocurrency futures exchanges by open interest. The overall picture provides a fascinating insight into the current market sentiment: Overall: 41.19% long / 50.81% short This overall ratio suggests a slight bearish bias in the market. More traders are currently holding short positions than long positions, indicating a general expectation that Bitcoin’s price might experience a downward movement in the near term. However, this is just the aggregated view. Let’s explore the individual exchanges to see if there are any significant divergences. How Do Top Exchanges Differ in BTC Perpetual Futures Sentiment? Examining the data from individual platforms can reveal nuances in trading behavior. Each exchange attracts a slightly different user base, which can influence their respective long/short ratios. Here’s a breakdown of the BTC perpetual futures ratios: Binance: 47.8% long / 52.2% short Bybit: 49.63% long / 50.37% short Gate.io: 50.12% long / 49.88% short As you can see, while all three exchanges show a slightly higher percentage of short positions, the intensity varies. Binance, a giant in the space, has a more pronounced short bias compared to Bybit. Interestingly, Gate.io stands out with a very slight lean towards long positions, almost perfectly balanced, suggesting a more divided or less convinced directional bias among its users compared to the other two. What Actionable Insights Can Traders Gain from These Ratios? Understanding these BTC perpetual futures ratios offers several actionable insights for traders. First, a high short ratio, as seen overall, can sometimes be a contrarian indicator. If too many traders are short, a sudden upward price movement could trigger a “short squeeze,” where short sellers are forced to buy back to cover their positions, further fueling the rally. Conversely, a heavily long-biased market could be vulnerable to a “long squeeze” if prices fall. Moreover, comparing ratios across exchanges can highlight potential arbitrage opportunities or unique sentiment pockets. For instance, if one exchange is overwhelmingly long while another is overwhelmingly short, it might signal different market expectations among their respective user bases, which could be exploited by sophisticated traders. Navigating the Challenges of Using Long/Short Ratios for BTC Perpetual Futures While invaluable, relying solely on BTC perpetual futures long/short ratios can be challenging. These ratios are snapshots in time and can change rapidly. They do not predict the future with certainty. Other factors like macroeconomic news, regulatory developments, and on-chain metrics also play significant roles in Bitcoin’s price action. It is crucial to use this data in conjunction with other technical and fundamental analysis tools. Furthermore, the “top three exchanges” are determined by open interest, which is a dynamic metric itself. Always consider the broader market context and your own risk tolerance when making trading decisions based on these indicators. Summary: Decoding Market Sentiment Through BTC Perpetual Futures The BTC perpetual futures long/short ratio provides a powerful lens through which to view immediate market sentiment. Currently, the overall sentiment leans slightly bearish, with a higher percentage of short positions across the top exchanges. While Binance and Bybit reflect this bearish tilt, Gate.io shows a more balanced, almost neutral, stance among its traders. For traders, these ratios are not crystal balls but rather crucial indicators for gauging market conviction. They can help identify potential short squeezes, long squeezes, and even differentiate sentiment across various trading platforms. Always remember to integrate this information with a comprehensive trading strategy to make informed decisions in the volatile crypto market. Stay informed, stay strategic! Frequently Asked Questions (FAQs) Q1: What is the BTC perpetual futures long/short ratio? A: It’s a metric that compares the total number of long (buy) positions to short (sell) positions for Bitcoin perpetual futures contracts on an exchange, indicating overall market sentiment. Q2: Why is the long/short ratio important for traders? A: This ratio provides insights into the collective market sentiment, helping traders gauge whether the majority expects Bitcoin’s price to rise or fall. It can also hint at potential short or long squeezes. Q3: What does a high short ratio indicate? A: A high short ratio suggests that more traders are betting on a price decrease. While often seen as bearish, it can sometimes be a contrarian indicator, potentially leading to a short squeeze if prices unexpectedly rise. Q4: How should I use this information in my trading strategy? A: Use the long/short ratio as one piece of your overall analysis. Combine it with technical indicators, fundamental news, and on-chain data to form a more comprehensive trading strategy. It’s a sentiment indicator, not a definitive prediction. Q5: Are these ratios definitive predictions of price movements? A: No, these ratios are not definitive predictions. They are snapshots of current market sentiment and can change rapidly. They should be used as a guide alongside other analytical tools. Did you find these insights into the BTC perpetual futures long/short ratio helpful? Share this article with your fellow crypto enthusiasts and traders on social media to spread the knowledge and foster informed discussions! To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin price action. This post BTC Perpetual Futures: Unveiling Crucial Long/Short Ratio Insights first appeared on BitcoinWorld and is written by Editorial Team
Cryptocurrency investment firm Bitwise predicts that Bitcoin will be the strongest-performing institutional asset in financial markets over the next 10 years. According to the company's report, the price of Bitcoin could reach $1.3 million by 2035. Bitwise bases this prediction on three key factors: Increased institutional demand: It is stated that Bitcoin will increasingly become an institutional investment vehicle, resulting in continuous net inflows. The need for protection against inflation: It is argued that the demand for “hard assets”, especially from institutional investors, will bring Bitcoin to the forefront. Limited supply: The fact that Bitcoin's new supply is extremely limited and inelastic is seen as the most important factor supporting the price in the long term. Related News: Ethereum Founder Vitalik Buterin Gives Date for Potential Deadly Threat Facing Cryptocurrencies Bitwise notes that Bitcoin's compound annual return over the next decade could reach 28.3%, but that significant volatility will likely follow. However, the company predicts that these fluctuations will remain below historical averages. The report states that Bitcoin will maintain its low correlation with stocks, bonds, and other major asset classes, making the “four-year cycle” approach obsolete. However, potential regulatory and legislative risks, political uncertainty, and Bitcoin's relatively new nature are cited as the biggest threats. Bitwise states that technological risks (e.g., those arising from quantum computing) are less likely, but should not be ignored. The company describes Bitcoin's transformation from “zero to a $2.4 trillion asset” in 16 years as the most critical threshold and describes the upcoming period as “the transition process from 1 to 100,” in the words of Peter Thiel. *This is not investment advice. Continue Reading: Giant Investment Firm Bitwise Announces $1.3 Million Prediction for Bitcoin, Shares the Date
Data shows social media sentiment around Solana has hit a 11-week high following the latest recovery surge in the cryptocurrency’s price. Solana Is Now Observing 5.8 Bullish Comments For Every Bearish Post In a new post on X, analytics firm Santiment has discussed about the latest trend in the Positive/Negative Sentiment for Solana. This indicator tells us about how the bullish and bearish comments related to SOL currently compare on the major social media platforms. The metric uses a machine-learning model to judge whether a given post/thread/message is positive or negative. Once it has separated the texts into the two categories, it counts them up and finds their ratio. Related Reading: Bitcoin Rally Over? CryptoQuant’s Bull Score Index Turns Bearish Now, here is the chart shared by the analytics firm that shows the trend in the Solana Positive/Negative Sentiment over the last couple of months: As displayed in the above graph, the Solana Positive/Negative Sentiment has witnessed a sharp increase recently, indicating that positive comments related to the cryptocurrency have ramped up. Currently, there are 5.8 positive posts appearing for every negative post. This is the highest that the ratio’s value has been since June 11th, more than two months ago. The rise in bullish sentiment is a result of the 16% price surge that SOL has enjoyed over the past week. While some excitement after rallies is normal, an excess of it can be something to watch out for. This is because digital assets have historically tended to move in a way that goes contrary to the expectations of the majority. This means that a large amount of hype among social media users can lead to tops. Similarly, widespread fear can facilitate the formation of a bottom. With the Positive/Negative Sentiment sitting on an 11-week high, it now remains to be seen whether trader FOMO would become an obstacle in the Solana rally. In some other news, Santiment has shared an update on how projects on the SOL blockchain currently rank up against each other in terms of the Development Activity. The “Development Activity” refers to a metric that measures, as its name suggests, the total amount of work that the developers of a given cryptocurrency project are putting in on its public GitHub repositories. Related Reading: Bitcoin & Ethereum Whale Populations Quietly Growing, On-Chain Data Reveals Below is a table that shows the 30-day value of the metric for the top projects in the SOL ecosystem. It would appear that the king of the SOL ecosystem is none other than Solana itself, with a Development Activity value of 138.37. Wormhole (W) and Drift (DRIFT) are the next best projects with metric values of 41.47 and 31.9, respectively. SOL Price At the time of writing, Solana is trading around $212, up 1.6% over the past day. Featured image from Dall-E, Santiment.net, chart from TradingView.com
Tether has announced USDT is set to see a launch on Bitcoin’s RGB protocol, allowing users to hold BTC and the stablecoin in the same wallet. Bitcoin Users Will Have Native Access To USDT Via RGB Protocol As revealed by Tether in a website announcement , its stablecoin USDT will be coming to the RGB protocol. RGB allows users to create, send, and manage smart contracts directly on the BTC blockchain. The protocol launched on the BTC mainnet in July with its 0.11.1 release. Thanks to this release, stablecoins, non-fungible tokens (NFTs), and community tokens are all now possible natively on the BTC network, just like on Ethereum and other newer blockchains. Something to note is that RGB isn’t a network layer on top of Bitcoin. Rather, it makes use of only client-side validation to confirm transactions. “RGB operates with no trusted third parties, no federations, no validators, and no coordinators,” said RGB Hub in the 0.11.1 launch announcement. USDT is the largest stablecoin in the cryptocurrency sector, circulating on a slew of networks, and with Tether’s latest move, the token would finally become accessible to users of the original digital asset, Bitcoin. Tether noted in the press release: This announcement underscores Tether’s leadership in expanding the reach of stablecoins and its commitment to ensuring Bitcoin remains not only the original cryptocurrency but also the bedrock for global, everyday money. So far, the stablecoin issuer hasn’t confirmed any date, but once launched, users will be able to hold and transfer both BTC and USDT directly from the same wallet. Paolo Ardoino, Tether CEO, said: Bitcoin deserves a stablecoin that feels truly native, lightweight, private, and scalable. With RGB, USD₮ gains a powerful new pathway on Bitcoin, reinforcing our belief in Bitcoin as the foundation of a freer financial future. In some other news, the Bitcoin spot exchange-traded funds (ETFs) have seen their largest drawdown from the all-time high (ATH) since April, as CryptoQuant community analyst Maartunn has pointed out in an X post . As displayed in the above chart, the spot ETFs currently have their holdings around $813.9 million down since the peak. These latest outflows have occurred alongside BTC’s price decline. Another thing that has come with the drawdown in the cryptocurrency is a surge in long liquidations. As quant Frank has noted in an X post , long liquidations recently hit their highest level of dominance in four years. The last time that long liquidations were this dominant was in May 2021. Back then, bulls were flushed by a massive crash in the Bitcoin price that put the bull run on pause for a few months. BTC Price Bitcoin has slowly been climbing up since its low earlier in the week as its price has now reached the $112,400 mark.
US spot Bitcoin ETFs now generate $5–$10 billion in daily trading on active days, accounting for a material share of Bitcoin spot liquidity and sometimes matching exchange volumes. This shift
US Bitcoin ETFs reached $10 billion in daily volumes, closing in on daily spot volumes on major exchanges.
Around 103,000 Bitcoin options contracts will expire on Friday, August 29, and they have a notional value of roughly $11.7 billion. This expiry event is much larger than previous weeks due to it being the end of the month, so there may be some volatility in spot markets . Eyes are also on today’s US July Core PCE report, which is one of the Federal Reserve’s preferred inflation gauges. Bitcoin Options Expiry This week’s batch of Bitcoin options contracts has a put/call ratio of 0.79, meaning that there are more long contracts expiring than shorts, as bullish momentum returns. There is a max pain point of $116,000 where most losses will be made on expiry. Open interest (OI), or the value or number of BTC options contracts yet to expire, is highest at $140,000, which has surged to over $2.8 billion at this strike price on Deribit . There is also around $1.9 billion OI at $120,000 and $130,000 strike prices as the bull speculators load up on contracts, but $110,000 and $95,000 are still popular strike prices for short sellers. Additionally, total Bitcoin futures OI currently stands at $81 billion, which has fallen from recent record highs, according to CoinGlass. Options Expiry Alert At 08:00 UTC tomorrow, ~$15B in crypto options are set to expire on Deribit. $BTC : $11.7B notional | Put/Call 0.79 | Max Pain $116K $ETH : $3.2B notional | Put/Call 0.76 | Max Pain $3.8K BTC OI clusters around $110K–115K, ETH shows balanced flows with… pic.twitter.com/iY3AkbIs5F — Deribit (@DeribitOfficial) August 28, 2025 Crypto derivatives provider Greeks Live said in a note on Thursday that the group “shows mixed sentiment with traders closely watching key levels around BTC $112,000 resistance and discussing Nvidia earnings impact on crypto volatility.” “Some traders expressed relief that 112P positions were saved, while others noted ETH showing weakness, with ongoing debate about whether BTC correlates with traditional markets.” In addition to today’s tranche of Bitcoin options, there are around 697,000 Ethereum contracts that are also expiring, with a notional value of $3.2 billion, a max pain of $3,800, and a put/call ratio of 0.76. This brings Friday’s combined crypto options expiry notional value to around $15 billion. Crypto Market Outlook Total market capitalization has dipped a little this Friday morning, falling to $3.95 trillion. Bitcoin topped $113,000 in a high on Thursday but has since weakened, falling back to $111,300 at the time of writing. The asset remains down 10% from its all-time high but has found support at current levels. Ether prices were also down 1% on the day, falling from Thursday’s high of just over $4,600 to $4,475 during the Friday morning Asian trading session. The altcoins were a mixed bunch, with gains for Solana , Chainlink, and Avalanche, while Hyperliquid and Cronos saw red. The post Massive $15B Crypto Options Expiry Looms Today: How Will Markets React? appeared first on CryptoPotato .
BitcoinWorld Bitcoin Infrastructure SPAC: Ambitious $200M Nasdaq IPO Bid Unveiled The world of cryptocurrency is constantly evolving, and a significant development has just emerged that could shape its future. A new player, a Bitcoin Infrastructure SPAC , is making waves with its ambitious plan to go public on the Nasdaq. This move signals a growing mainstream interest in the foundational technologies powering the digital asset revolution. What is This Ambitious Bitcoin Infrastructure SPAC All About? Bitcoin Infrastructure Acquisition Corp., a Special Purpose Acquisition Company (SPAC), is at the forefront of this exciting news. This entity aims to raise a substantial $200 million through an Initial Public Offering (IPO) on the Nasdaq. A SPAC, often called a “blank check company,” raises capital through an IPO to acquire an existing private company, effectively taking it public. Leading this charge is CEO Ryan Gentry, a name familiar to many in the crypto space. Gentry previously held a prominent position at Lightning Labs, a company renowned for its work on the Lightning Network, which aims to make Bitcoin transactions faster and cheaper. His leadership brings a wealth of experience and credibility to this new venture, particularly in the realm of Bitcoin infrastructure development. Why is a Bitcoin Infrastructure SPAC Significant? This pursuit of a Nasdaq IPO by a Bitcoin Infrastructure SPAC is more than just a financial transaction; it represents a powerful trend. It underscores the increasing institutional appetite for exposure to the crypto ecosystem, not just through direct asset ownership, but through the underlying technology that supports it. Benefits of this development include: Mainstream Validation: Listing on a major exchange like Nasdaq provides legitimacy and accessibility to a broader range of traditional investors. Funding Innovation: The $200 million capital raise can fuel significant advancements in Bitcoin’s foundational layers, improving scalability, security, and user experience. Enhanced Transparency: Publicly traded companies face stringent reporting requirements, offering greater transparency to investors. This initiative could pave the way for more traditional finance entities to engage with and invest in the burgeoning digital asset space. What Challenges Might This Bitcoin Infrastructure SPAC Face? While the prospects are exciting, any venture into the public markets, especially one tied to the dynamic crypto sector, comes with its own set of hurdles. The journey for Bitcoin Infrastructure Acquisition Corp. will likely involve navigating various complexities. Potential challenges include: Regulatory Scrutiny: The regulatory landscape for cryptocurrencies and related infrastructure remains fluid. The SPAC will need to ensure strict compliance with evolving financial regulations. Market Volatility: The crypto market is known for its price swings. Investor sentiment can be heavily influenced by broader market conditions, which might impact the SPAC’s ability to complete a successful acquisition or maintain share value. Competition: The sector is competitive, with many private companies already building robust Bitcoin infrastructure. The SPAC will need to identify and acquire a target company that offers a unique value proposition and strong growth potential. Successfully overcoming these challenges will be crucial for the Bitcoin Infrastructure SPAC to achieve its long-term goals and deliver value to shareholders. Unlocking Future Growth: The Potential of Bitcoin Infrastructure The very existence of a SPAC dedicated to Bitcoin infrastructure highlights the immense potential seen in the underlying technology of the world’s first cryptocurrency. It’s not just about Bitcoin’s price; it’s about the networks, tools, and services that enable its utility and adoption. For investors and enthusiasts, this development offers actionable insights. It suggests a maturing ecosystem where fundamental technology is becoming an attractive investment. As the digital economy expands, robust infrastructure will be paramount. Keep an eye on companies focused on: Layer 2 solutions like the Lightning Network. Secure custody and wallet technologies. Data analytics and security for blockchain. These areas are ripe for innovation and could be prime targets for a SPAC like Bitcoin Infrastructure Acquisition Corp. In conclusion, the ambitious move by a former Lightning Labs executive to launch a Bitcoin Infrastructure SPAC and pursue a $200 million Nasdaq IPO is a monumental step. It signifies a convergence of traditional finance with cutting-edge crypto technology, promising new avenues for investment and accelerated development within the Bitcoin ecosystem. This is a story of growth, innovation, and the relentless march towards a more decentralized financial future. Frequently Asked Questions (FAQs) 1. What exactly is a SPAC? A Special Purpose Acquisition Company (SPAC) is a company with no commercial operations that is formed strictly to raise capital through an initial public offering (IPO) for the purpose of acquiring an existing company. 2. Who is Ryan Gentry, and why is his involvement significant? Ryan Gentry is the CEO of Bitcoin Infrastructure Acquisition Corp. He is notably a former executive from Lightning Labs, a prominent company working on the Lightning Network to enhance Bitcoin’s transaction speed and cost-efficiency. His background brings expert knowledge and credibility to the venture. 3. Why is a Nasdaq IPO important for a crypto-related company? Listing on the Nasdaq provides significant legitimacy, increased visibility, and access to a broader pool of traditional institutional and retail investors. It signals a maturation of the crypto industry and its underlying technologies within mainstream finance. 4. What kind of Bitcoin infrastructure might this SPAC target for acquisition? This SPAC will likely target companies building foundational technologies for Bitcoin, such as those developing Layer 2 scaling solutions (e.g., Lightning Network), secure custody services, mining operations, or other essential tools that enhance Bitcoin’s utility and adoption. 5. How does this development impact the broader crypto market? This move signifies growing institutional interest and validation for the crypto sector’s infrastructure. It could attract more traditional capital into the space, accelerate technological development, and potentially foster greater mainstream adoption of Bitcoin and its related technologies. Found this deep dive into the Bitcoin Infrastructure SPAC exciting? Share this article with your network and spark a conversation about the future of crypto investments! Your insights help spread awareness about these pivotal market developments. To learn more about the latest Bitcoin infrastructure trends, explore our article on key developments shaping Bitcoin institutional adoption. This post Bitcoin Infrastructure SPAC: Ambitious $200M Nasdaq IPO Bid Unveiled first appeared on BitcoinWorld and is written by Editorial Team