The People’s Bank of China is taking steps to expand its digital yuan project, starting with its free trade zones. On Friday, June 4, officials at the People’s Bank of China announced the expansion of financial innovations tied to its Shanghai Free Trade Zone. Notably, this includes broader applications of the digital yuan . Ji Min, head of the PBOC’s Research Bureau, stated that the country will expand the “Shanghai model” and “deepen financial openness and innovation” within the zone. Simultaneously, the central bank will apply these policies to other free trade zones across the country. Specifically, China will promote the use of the digital yuan within these zones. Additionally, the country is taking steps to optimize electronic payment systems nationwide. However, the PBOC has yet to announce any official plans for a full national rollout of the digital yuan. The move aligns with broader policy trends. At the recent Lujiazui Forum, regulators also discussed expanding the pilot project to additional regions. You might also like: China, Kazakhstan central banks forge CBDC research partnership Chinese digital yuan to expand Currently, China has 21 free trade zones , primarily located in coastal provinces such as Shanghai, Fujian, and Hunan. These zones offer favorable incentives for foreign investors and simplified procedures for obtaining business permits. They also serve as testing grounds for regulatory innovations, including central bank digital currencies. In many cases, regulations trialed in these zones are later adopted nationwide. By 2024, the digital yuan will have registered over ¥7.3 trillion (approximately $1.02 trillion) in transaction volume across pilot regions. Additionally, over 180 million individual wallets have been created. Early testing began in major cities like Shenzhen and Beijing. You might also like: Is crypto banned in China? Full history of China crypto bans
The post BlackRock IBIT Dominates ETF Market, Is Bitcoin Price Heading to $120K? appeared first on Coinpedia Fintech News The Bitcoin price isn’t just holding its ground, infact it is marching forward with the strength of both new and legendary players backing its magnificent run. As multiple on-chain and institutional signals flash bullish indications, the market narrative around BTC price is evolving again and this time, it’s looking even stronger than ever before. New Whale Activity Signals Aggressive Accumulation In Bitcoin A major reveal in whale behavior is catching the crypto community’s attention very strongly. According to a post by analyst MisterrCrypto, a metric tracked by CryptoQuant has recently showcased that new whales are buying Bitcoin at unprecedented levels in 2025. This advancement in activity is a clear indicative of heightened conviction among fresh institutional and high-net-worth entrants. New whales are buying more Bitcoin than ever before. Extremely bullish signal! pic.twitter.com/saw6a2stlx — Mister Crypto (@misterrcrypto) July 4, 2025 Just hours before this insight, spotonchain shared jaw-dropping on-chain data, where he mentioned a legendary Bitcoin whale. The post revealed that this whale, dormant for over 14 years, has resurfaced and has transferred its stash of 10,000 BTC coins, currently worth over $1.09 billion, to a new wallet. The whale reportedly acquired this stash in 2011 at just $0.78 per BTC, making it as one of the most profitable dormant addresses ever recorded so far in history, with an unrealized return of more than 140,000x is a real big deal. This two-fold signal has injected some serious confidence into an already heated Bitcoin market. Institutional Strength Increased With IBIT Reaching BlackRock’s Top 3 ETF product Meanwhile, the institutional adoption curve is already in acceleration mode, and a Bloomberg ETF analyst’s recent update has pushed the accelerator even harder. Eric Balchunas posted a data table that clearly highlighted the meteoric rise of BlackRock’s IBIT Bitcoin ETF. He mentioned that it has now become the 3rd highest revenue-generating ETF out of BlackRock’s 1,197 funds. $IBIT is now the 3rd highest revenue-generating ETF for BlackRock out of 1,197 funds, and is only $9b away from being #1. Just another insane stat for a 1.5yr old (literally an infant) ETF. Here's Top 10 list for BLK (aside, how about the forgettable $IWF at top spot, who knew?) pic.twitter.com/T4xdIA2Rea — Eric Balchunas (@EricBalchunas) July 3, 2025 Balchunas further praised IBIT’s exceptional growth and finds it insanely mindblowing, knowing that it’s just 1.5 years since its launch. He further added that this young ETF is only a few spots away from reaching the top spot in BlackRock’s top-performing ETF by revenue, despite competing with funds that have decades-long track records. Cathie Wood: BTC Is Acting More Like “Risk-Off” Asset in 2025 Adding to the bullish chorus, Cathie Wood, famously known as CEO of ARK Invest, has recently stated in a clip that Bitcoin has been acting more like a “risk-off” asset in times of macro uncertainty, as people are stashing it in these uncertain times lately. Also, referring to the recent Iran–Israel war and U.S. intervention that shook traditional markets earlier this June. She continued that Bitcoin didn’t act like it would end deep down the well. She pointed out that the Bitcoin price showed mesmerizing strength by holding key supports, even as equities plunged in June. CATHIE WOOD: “WE’RE STILL IN A BITCOIN BULL MARKET” ARK Invest CEO Cathie Wood reaffirmed her bullish stance, stating the current cycle remains a Bitcoin bull market. Her outlook reflects long-term confidence in Bitcoin despite recent volatility. pic.twitter.com/mgNusuYdGn — Crypto Town Hall (@Crypto_TownHall) July 4, 2025 For Cathie Wood’s perspective, the clip clearly points out that she finds this resilience of Bitcoin a clear signal that the Bitcoin bull market still holds value and the bull run is not over yet.
The U.S. Congress is set to evaluate three pivotal encryption bills amid the ongoing “Crypto Week,” signaling a potential overhaul in the regulatory landscape for digital assets. These legislative measures
Crypto exchange Bitrue has announced support for tokenized stock trading issued by Backed Finance via xStocks . This allows users in non-restricted jurisdictions to invest in some of the largest global tech brands, earning from their success, the exchange says. According to the press release, Bitrue will initially support six tokenized stocks . These include AAPLX ( Apple ), CRCLX ( Circle Internet Group ), MSTRX ( MicroStrategy ), NVDAX ( NVIDIA ), SPYX ( SPDR S&P 500 ETF Trust ), and TSLAX ( Tesla ). #Bitrue Alpha will now support trading for tokenized stocks! In partnership with @xStocksFi , users can now trade blue-chip stocks like $NVIDIA , $TSLA and more directly via #Bitrue Alpha! 24/7 access to US markets Trade directly with $USDT Tokens are fully backed… pic.twitter.com/CdqZS8cn2c — Bitrue (@BitrueOfficial) July 4, 2025 Moreover, these tokenized stocks are available via Bitrue Alpha , the exchange’s recently launched feature. It enables a fast-track for popular tokens to be listed for trading so users can “capitalize on early momentum,” the team claims. Coins that are “successful” on this feature could be listed on the spot exchange. Users in specific territories can access this first group of tokenized stock via the Bitrue app, while the exchange plans to add tokenized stocks “at regular intervals,” it says. However, the announcement stresses that these tokens “do not grant ownership, dividends, or shareholder rights. They are not registered securities and are not available to residents of the US, UK, EU, or other restricted jurisdictions.” You may also like: xStocks Volume Soars 540% in Three Days. Why RWA is Surging Key Takeaways:Total xStocks trading volume reached $16.5 million in the three days to July 2, according to Dune Analytics.Analysts say that timing and the growing adoption of RWA played a key role in the volume spike.They also say that the increase reflects a broader structural shift driven by institutional interest and macroeconomics.Trading volume in xStocks soared 539% in three days, as demand for blockchain-based versions of traditional U.S. equities and tokenized... ‘Future of Digital Stock Trading is Already Here’ xStock is a platform from Backed Finance, which introduces tokenized versions of popular US stocks and exchange-traded funds ( ETFs ). These xStocks are blockchain-based tokens that represent the value of a portfolio of traditional equities. Backed Finance announced xStocks in late May this year. The team said the product is designed for integration into DeFi protocols. Therefore, users can utilize xStocks as collateral in lending platforms, for borrowing, or in other crypto apps. #Bitrue is introducing xStocks, a new platform for digital stock trading that offers tokenized versions of U.S. stocks and ETFs, providing 24/7 global access, fractional ownership, and near-instant settlement via blockchain technology. Read more: https://t.co/mzcJEBDgd1 pic.twitter.com/OJhXG8qaQn — Bitrue (@BitrueOfficial) July 4, 2025 Moreover, operating on blockchain gives these tokenized stocks several advantages over traditional stock trading, the teams say. They are available 24/7 to users outside of the US. “The ability to hold real-world assets on-chain, trade them 24/7, and integrate with DeFi protocols marks a significant leap,” the announcement says , adding that the future of digital stock trading is “already here.” These users can buy and sell them directly using USDT . Trades happen within seconds. There is no secondary broker account or “excess” broker fees. Finally, tokenized stocks are backed by real-world assets ( RWAs ), while blockchain ensures full ownership and transparency. Per Adam O’Neill, Chief Marketing Officer at Bitrue, “we’re working to break down the barriers of traditional finance that often exclude smaller investors, and now our users have a new avenue to expand their portfolio in a manner that can deliver real returns for them.” You may also like: RWAs Boom as Layer-1 Blockchains Ignite $18.9T Tokenization Surge The market for tokenized real-world assets (RWAs) is estimated to reach $18.9 trillion by 2033. Industry experts believe that this forecast may even be conservative, as stablecoin adoption indicates a much larger market expansion.The rapid growth of tokenized RWAs is also boosting blockchain adoption metrics, as 60% of RWA tokenization value is being driven by Ethereum.Stellar Focuses on Billions in Tokenized RWAsBut Ethereum isn’t the only Layer-1 (L1) blockchain contributing... The post Bitrue Launches Tokenized Stock Trading for US Equities via xStocks appeared first on Cryptonews .
Bitcoin ( BTC ) has seen a remarkable year so far, climbing from $93,425 on January 1 to $108,938 on July 4, a gain of over 16.6% in the first half of 2025. In particular, the rally has been bolstered by a number of high-profile developments, including a surge in institutional holdings. BlackRock, for instance, increased its Bitcoin exposure by more than $23 billion in H1 2025 alone, underscoring Wall Street’s deepening embrace of digital assets. !function(e,n,i,s){var d="InfogramEmbeds";var o=e.getElementsByTagName(n)[0];if(window[d]&&window[d].initialized)window[d].process&&window[d].process();else if(!e.getElementById(i)){var r=e.createElement(n);r.async=1,r.id=i,r.src=s,o.parentNode.insertBefore(r,o)}}(document,"script","infogram-async","https://e.infogram.com/js/dist/embed-loader-min.js"); One of the most notable blockchain events this year occurred just this week: a dormant Satoshi-era wallet containing 10,000 BTC moved for the first time in over 14 years. Valued at roughly $1.09 billion, the movement of such an old and massive holding has reignited conversations about the maturing life cycle of Bitcoin holders and the long-term redistribution of early wealth. Alongside that, BTC’s rise has helped mint more than 26,000 new Bitcoin millionaires , according to the latest findings from Finbold’s H1 2025 Cryptocurrency Market Report . !function(e,n,i,s){var d="InfogramEmbeds";var o=e.getElementsByTagName(n)[0];if(window[d]&&window[d].initialized)window[d].process&&window[d].process();else if(!e.getElementById(i)){var r=e.createElement(n);r.async=1,r.id=i,r.src=s,o.parentNode.insertBefore(r,o)}}(document,"script","infogram-async","https://e.infogram.com/js/dist/embed-loader-min.js"); Bitcoin price analysis Looking at the market structure, Bitcoin appears to be consolidating just below $109,000 after briefly testing highs around $109,600. The price currently trades at $108,906, with the intraday range showing a tightening pattern. On the 1-day chart, there’s evidence of firm support in the $108,300 to $108,400 zone, where multiple dips were absorbed by buyers. Meanwhile, resistance remains at the $109,600 mark, which capped previous attempts to break higher. Bitcoin 1-day price chart. Source: TradingView/Finbold Momentum indicators paint a picture of neutral sentiment. The Relative Strength Index (RSI) has oscillated between 38 and 42 during the trading session, indicating that the market is neither oversold nor overbought, suggesting a period of healthy consolidation, with bulls and bears in balance ahead of the next catalyst. Beyond the charts, Bitcoin’s broader outlook is supported by a strong macro backdrop. The market capitalization stands at $2.16 trillion, with a 24-hour trading volume of $45.75 billion and a fully diluted valuation which has risen to $2.28 trillion. Meanwhile, on-chain activity remains robust, with whale addresses steadily accumulating and long-term holder supply near all-time highs. AI Bitcoin price prediction for the end of July Based on current momentum, market structure, RSI behavior, and macro fundamentals, ChatGPT models forecast that Bitcoin could reach approximately $114,700 by July 31, 2025. This forecast assumes Bitcoin maintains support near $108,000 and breaks convincingly above the $109,600 resistance zone, which could trigger a new wave of algorithmic buying and FOMO-driven retail interest. The AI’s reasoning also factors in historical Q3 patterns, which often see increased fund allocations after end-of-quarter rebalancing, as well as the continued optimism surrounding Bitcoin’s evolving role in the global financial system. However, if the price fails to hold above $106,000 in the near term, this forecast could shift toward a more cautious outlook. For now, though, Bitcoin remains firmly in bullish territory, backed by favorable technicals, strong fundamentals, and growing institutional trust. The post AI Bitcoin price prediction for July 31, 2025 appeared first on Finbold .
Two long-dormant Bitcoin wallets from 2011, holding a combined 20,000 BTC, have been reactivated, raising concerns about potential large-scale sell-offs in the crypto market. Bitcoin’s trading volume has declined by
BitcoinWorld Bitmax’s Astounding Bitcoin Surge: A Bold Crypto Treasury Strategy Unveiled In a move that has captured the attention of the cryptocurrency world, South Korea-based metaverse platform Bitmax has announced a dramatic increase in its Bitcoin holdings . Since the start of the year, the company’s BTC reserves have surged nearly sevenfold, now standing at approximately 349.19 BTC, according to recent reports from Newsis. This impressive accumulation signals a strategic shift and a deeper commitment to digital assets, positioning Bitmax as a significant player in the corporate crypto space. Why Are Companies Like Bitmax Expanding Their Bitcoin Holdings? The decision by Bitmax to significantly ramp up its Bitcoin reserves is part of a growing trend among forward-thinking corporations. For many, Bitcoin is no longer just a speculative asset but a legitimate component of a diversified asset management strategy. Here’s why companies are increasingly turning to BTC: Inflation Hedge: In an era of economic uncertainty and rising inflation, Bitcoin’s fixed supply makes it an attractive hedge against the devaluation of fiat currencies. Digital Gold Narrative: Often dubbed ‘digital gold,’ Bitcoin shares characteristics with traditional safe-haven assets, offering a store of value in the digital age. Balance Sheet Optimization: Holding Bitcoin can potentially enhance a company’s balance sheet, offering upside potential beyond traditional investments. Strategic Alignment: For Web3 companies like Bitmax, holding crypto assets aligns perfectly with their core business model and vision for a decentralized future. Bitmax’s strategic move underscores a broader institutional embrace of Bitcoin, following in the footsteps of pioneers like MicroStrategy and Tesla, who have famously integrated BTC into their corporate treasuries. Who is Bitmax and What’s Their Vision for a Metaverse Platform? Bitmax is not just another company accumulating Bitcoin; it’s a prominent metaverse platform based in South Korea, deeply entrenched in the evolving Web3 ecosystem. Their core business revolves around creating immersive digital worlds and experiences, pushing the boundaries of virtual interaction and digital ownership. The company’s vision extends beyond mere entertainment, aiming to build robust economic frameworks within their metaverse environments. This strategic accumulation of Bitcoin is not an isolated event but a carefully calculated part of Bitmax’s broader mid- to long-term asset management strategy. It reflects a belief in the enduring value of decentralized assets and their role in the future of digital economies. Furthermore, Bitmax’s commitment extends to supporting its affiliate, DeepMind Platform, in its stablecoin initiatives. This synergy highlights a comprehensive approach to integrating various facets of the crypto economy, from volatile assets like Bitcoin to stable assets designed for transactional stability within their digital ecosystems. The Ingenious Strategy: Leveraging Convertible Bonds for Crypto Acquisition One of the most intriguing aspects of Bitmax’s Bitcoin acquisition strategy is its method: the issuance of convertible bonds . This financial instrument offers a unique way for companies to raise capital while providing flexibility in their long-term financial structure. But how does it work, and why is it particularly suited for acquiring volatile assets like Bitcoin? A convertible bond is a type of bond that the holder can convert into a specified number of common shares of the issuing company or, in this case, potentially other assets, under certain conditions. For Bitmax, this method likely provides several advantages: Cost-Effective Capital: Convertible bonds often come with lower interest rates than traditional bonds because of the embedded option to convert into equity or other assets. Reduced Dilution (Initially): Unlike direct equity issuance, convertible bonds don’t immediately dilute existing shareholders. Dilution only occurs if the bonds are converted. Flexible Financing: It allows Bitmax to secure capital for its Bitcoin purchases without immediately impacting its equity structure, offering a bridge between debt and equity financing. Market Signal: Issuing convertible bonds specifically for BTC acquisition sends a strong signal to investors about the company’s long-term confidence in Bitcoin’s value. This innovative use of traditional financial instruments to fuel a digital asset strategy showcases Bitmax’s sophisticated approach to corporate finance in the Web3 era. Building a Robust Crypto Treasury: Benefits and Future Implications The concept of a crypto treasury , where companies hold significant amounts of cryptocurrencies on their balance sheets, is rapidly gaining traction. For Bitmax, establishing a substantial Bitcoin treasury offers a multitude of potential benefits, alongside some inherent challenges: Benefits of a Corporate Crypto Treasury: Benefit Description Potential Appreciation Exposure to Bitcoin’s potential long-term value growth, acting as a significant asset on the balance sheet. Diversification Adds a non-correlated asset class to traditional financial holdings, potentially reducing overall portfolio risk. Innovation & Brand Identity Positions the company as a leader in digital innovation, attracting talent and customers aligned with the crypto ethos. Operational Efficiency Facilitates future crypto-native operations, payments, and ecosystem development. Challenges and Considerations: Volatility: Bitcoin’s price fluctuations can significantly impact balance sheet valuations, requiring robust risk management. Regulatory Uncertainty: The evolving regulatory landscape for corporate crypto holdings necessitates careful navigation. Accounting Complexity: Specific accounting treatments for digital assets can be complex and vary by jurisdiction. Security Risks: Storing large amounts of Bitcoin requires sophisticated security measures to prevent hacks or loss. Despite these challenges, Bitmax’s continued commitment to building its BTC treasury suggests a strong belief in the net positive impact for its long-term strategic goals. The Synergy: Bitcoin, Stablecoins, and the Metaverse Platform Ecosystem Bitmax’s strategy isn’t just about accumulating Bitcoin; it’s about fostering a comprehensive digital asset ecosystem within its metaverse platform . The company’s intention to continue building its BTC treasury while simultaneously supporting DeepMind Platform’s stablecoin initiatives reveals a holistic vision for Web3 integration. Imagine a metaverse where users can seamlessly transact, earn, and own digital assets. Bitcoin, with its global liquidity and store-of-value properties, could serve as a foundational reserve asset, providing stability and credibility to the broader ecosystem. Stablecoins, on the other hand, are crucial for day-to-day transactions within the metaverse, offering price stability essential for commerce, gaming, and other interactive experiences without the volatility of assets like BTC. This dual approach — leveraging Bitcoin for strategic long-term value and stablecoins for operational utility — creates a robust economic backbone for Bitmax’s metaverse. It positions them not just as a consumer of crypto, but as an active participant in shaping the future of digital economies, where decentralized finance (DeFi) and immersive virtual worlds converge. A Glimpse into the Future of Corporate Finance Bitmax’s aggressive expansion of its Bitcoin holdings through innovative financing mechanisms like convertible bonds is more than just a corporate announcement; it’s a powerful indicator of where corporate finance is heading. As the lines between traditional finance and decentralized digital assets blur, companies that strategically embrace cryptocurrencies are likely to gain a competitive edge. This move by a prominent metaverse platform underscores the increasing convergence of cutting-edge technology and sophisticated financial strategies, paving the way for a new era of corporate asset management. To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin institutional adoption. This post Bitmax’s Astounding Bitcoin Surge: A Bold Crypto Treasury Strategy Unveiled first appeared on BitcoinWorld and is written by Editorial Team
Bitcoin whales have stirred from a 14-year slumber, moving billions in BTC originally acquired when the cryptocurrency was valued under $1. This rare activity highlights the enduring confidence of early
Dogecoin is gaining spotlight due to social media hype and ETF approval prospects. Asset managers like Grayscale filed ETFs, awaiting SEC's response by August 2025. Continue Reading: Dogecoin Captivates Social Media with ETF Buzz and Market Optimism The post Dogecoin Captivates Social Media with ETF Buzz and Market Optimism appeared first on COINTURK NEWS .
Internet Computer continues to roll out new developer features, aiming to strengthen its technical ecosystem. But while it builds functionality, Lightchain AI is gaining something far more immediate—real traction in speculator circles. With all 15 presale stages completed and a Bonus Round now active at a fixed price of $0.007, Lightchain AI has already raised nearly $21 million. This momentum isn’t driven by announcements—it’s fueled by buyer confidence and visible wallet activity. From its AI-native infrastructure to developer grants and transparent governance, Lightchain AI is earning attention not through noise, but through movement. And that’s exactly what speculators are chasing now. Internet Computer Rolls Out Developer-Centric Updates to Boost Utility The Internet Computer (ICP) is building forward the developer ecosystem with a raft of updates for improved utility and accessibility. Recent improvements As of Motoko v025, the following code works: If you'd like to write that as: You can even do this! 14. 11 with enhanced syntax error messages and language server features, and Dashboard v6. 0. 3, with your general enhanced interactions with the navigation and transaction tables. The inroduction of AMD SEV virtual machine support will strengthen node security in the form of node state encryption and data integrity across reboots. The 2025 road-map also includes Flux, centered around load balancing and enhanced compute capacity, and Magnetosphere, which focuses on trusted execution environments to secure node state integrity. The Vertex milestone also brings the Caffeine platform, which allows developers to build full-stack applications directly in response to prompts, and the Helium milestone, which targets ICP integration with Solana for cross-chain functionality. These moves mark ICP’s continued dedication to offering a powerful and developer-friendly platform, solidifying its place as one of the hottest projects in the decentralized computing space. Lightchain AI Draws Speculators With Consistent Presale and Wallet Momentum Lightchain AI is capturing significant investor attention as it approaches its July 2025 mainnet launch. Having raised over $21 million in its presale, the project has entered its Bonus Phase, offering LCAI tokens at $0.007125. This surge reflects growing confidence in Lightchain AI's integration of artificial intelligence with blockchain technology, particularly through its Proof-of-Intelligence consensus and Artificial Intelligence Virtual Machine (AIVM). The platform's emphasis on real-time AI execution, scalability, and developer-friendly tools has attracted both retail and institutional investors. With the final presale stage underway, Lightchain AI is poised to redefine decentralized AI applications, offering a compelling opportunity for those seeking innovative blockchain solutions. Where Speculators Gather — Lightchain AI Ignites Demand With Real Utility Lightchain AI is turning hype into tangible value, fueling demand with real, game-changing features. After completing 15 presale stages and raising over $21 million, the Bonus Round is here—offering fixed pricing as momentum soars. With live tools like the Meme Launchpad, upcoming public GitHub access, and decentralized validator nodes, Lightchain AI is proving it’s not just a concept—it’s action in motion. Add a $150,000 grant pool and fair tokenomics to the mix, and it’s no wonder this project is turning heads. Don’t just watch history unfold—act now and be part of the future of AI and blockchain innovation! https://lightchain.ai https://lightchain.ai/lightchain-whitepaper.pdf https://x.com/LightchainAI https://t.me/LightchainProtocol Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.