News & Research

Strategy CEO Michael Saylor announced on X that the company purchased 4,980 BTC for approximately $531.9 million at an average price of $106,801, delivering a 19.7% return year-to-date in 2025. As of June 29, MicroStrategy holds 597,325 BTC, acquired at about $70,982 each for a total investment of roughly $42.4 billion.

Three crypto firms, WisdomTree Digital Trust, Standard Custody & Trust Company and Commercium Financial, have applied for U.S. Federal Reserve (Fed) master accounts, signaling potential access to the central bank’s payment rails, according to Crypto in America. The move is seen as a strategic step, with some speculating it could align with potential changes under the Trump administration, which has previously considered granting digital asset companies direct access to Fed services.

The BTC-gold ratio surged over 10% to 33.33 last week, its strongest move in two months, according to CoinDesk. This breakout from a bull flag pattern suggests potential for further upside, with the ratio possibly heading toward 42.00. The rise reflects Bitcoin’s strength rather than a decline in gold.

Backed Finance has launched tokenized stock offerings for 60 equities and ETFs, including Apple and Microsoft, on major crypto exchanges like Bybit and Kraken, along with Solana-based DeFi protocols, according to CoinDesk. The initiative is part of a broader push to bring traditional financial instruments onto blockchain rails, supporting around-the-clock trading and future use as collateral in DeFi lending.

Kraken Exchange announced on X that it now supports xStocks trading, allowing 24/5 trading of 60 tokenized U.S. stocks. The exchange noted that additional listings are planned as it moves to integrate traditional finance on-chain.

Coinsilium, a Web3 investment and advisory firm, announced via X that it has acquired an additional 15.4147 BTC, raising its total Bitcoin holdings to 73.7304 BTC.

Spanish police arrested five people tied to a crypto investment scam that laundered nearly $540 million from over 5,000 victims, according to Decrypt. The international investigation, led by Spain with support from Europol, revealed a global network using fake accounts and crypto wallets to move illicit funds. Authorities warn that crypto fraud is growing rapidly, fueled by AI and digital anonymity.

CryptoQuant analyst and contributor Crypto Sunmoon noted that despite June’s market consolidation, Ethereum (ETH) long-term holders are showing strong buying pressure, with accumulation volume diverging from typical patterns, signaling something significant may be on the horizon.

An Ethereum community group has launched an on-chain time capsule, unveiled at EthCC, allowing users to lock memories, art or messages in encrypted smart contracts for $2.50 in ETH, according to The Block. Entries will be sealed on July 30 and revealed on the network's 11th anniversary.

Cointelegraph outlines five key factors influencing Bitcoin’s (BTC) market this week: - BTC/USD aiming for a weekly close above $109,000 - U.S. nonfarm payrolls data for June - Selling movements by Bitcoin long-term holders - A potential Bitcoin bull market peak between September and October - Bitcoin’s “critical demand deficit” leading to bearish signals