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Quick Take The Tokyo-listed firm plans to use the funds raised from bond sales to purchase more bitcoin. The company currently holds over 1,018 BTC.
Cardano’s $ADA rallies nearly 20%, testing the $0.726 level. Founder Charles Hoskinson hints at involvement in shaping U.S. crypto policies. Bitcoin’s positive momentum propels Cardano’s potential $2.48 breakout.
Bitcoin is expected to hit $100,000 by the end of the year, predicted an analyst. The analyst also stated that now is the correct time to trade crypto. A range of $80K-$84K is good for buying Bitcoin.
Polish presidential candidate Sławomir Mentzen promises to adopt Bitcoin reserve if he wins. The move resembles Donald Trump’s Bitcoin reserve strategy to uplift the US into a crypto capital. Countries like the US adopt Bitcoin as a national reserve to hedge against growing inflation.
Quick Take Analysts at Bernstein outlined the key catalysts for bitcoin to reach their cycle target of $200,000. Bitcoin is currently approaching fresh all-time highs — trading for around $92,000, according to The Block’s Bitcoin Price Page.
Quick Take Newly introduced amendments from the Russian government classify crypto income as property, with a maximum tax rate of 15%.
- 04:29Belled transferred over 1.9 million USDC to Ondo FinanceAccording to monitoring data from Arkham, about 19 hours ago, BUIDL Fund of Balancer transferred 1.919 million USDC to Ondo Finance through three transactions.
- 04:25Analyst: BTC may peak between June and September 2025Blockchain analyst Ali posted on X stating that long-term BTC holders are showing increasingly greedy signs. Historically, this behavior indicates that BTC may take 8-11 months to reach its peak. If the trend continues, a potential peak might be seen between June and September 2025.
- 04:22Last week, the net outflow of Ethereum spot ETF was 71.6 million US dollars, and the net outflow of Grayscale ETHE was 95.57 million US dollarsAccording to SoSoValue data, during the trading week last week (Eastern Time November 18th to November 22nd), Ethereum spot ETF had a net outflow of $71.6 million for the single week. Among them, Grayscale's Ethereum Trust ETF ETHE had a weekly net outflow of $95.56 million, and currently ETHE has a historical net outflow of $3.34 billion. The Ethereum spot ETF with the highest single-week net inflow last week was Blackrock's Ethereum ETF ETHA, with a weekly net inflow of $78.34 million, and currently ETHA has reached a total historical net inflow of $1.8 billion. Next is Bitwise's Ethereum ETF ETHW, with a weekly net inflow of $7.85 million, and currently ETHW has reached a total historical net inflow of $381 million. As of press time, the total asset value of Ethereum spot ETFs is $9.687 billion USD; The ratio between the Net Asset Value (NAV) in relation to Etherum’s market cap is at 2.44%, while its cumulative historic influx stands at approximately 107 Million USD.
