Bitcoin data forecast the drop to $98,000 as key supports failed to generate hefty buying from bulls, and futures traders saw their long positions liquidated. Bitcoin’s (BTC) price has struggled to regain momentum following Wednesday’s drop to $100,700, leaving BTC down roughly 3.5% on the weekly candle. Market data shows long-term holders have sold more than 815,000 BTC over the past 30 days, intensifying the focus on lower liquidity pockets. Analysts now point to the June 2025 lows near $98,000 as the next likely target if volatility accelerates. Key takeaways: Liquidity clusters show downside pressure building near $98,000 for Bitcoin. Read more
21Shares’ new crypto index ETFs utilize the stricter 1940 Act framework, marking a shift toward traditional fund oversight for diversified digital asset exposure. Asset manager 21Shares has launched two cryptocurrency index exchange-traded funds (ETFs) regulated under the Investment Company Act of 1940, a structure that could boost investor confidence by subjecting the products to the same disclosure and governance rules that apply to traditional US investment funds. The new products — the 21Shares FTSE Crypto 10 Index ETF (TTOP) and the 21Shares FTSE Crypto 10 ex-BTC Index ETF (TXBC) — were announced on Thursday. Both offer broad exposure to digital assets by tracking FTSE Russell cryptocurrency indexes and holding a basket of the top crypto assets by market capitalization, rather than investing in a single token. Federico Brokate, 21Shares’ global head of business development, said that index funds have enabled investors to gain diversified exposure to traditional assets, particularly stocks. “The same prin...
The most influential crypto events of 2025 included sweeping regulatory moves, ecosystem expansion and the rise of new onchain trends. Bitcoin’s rise past $100,000 in 2025 marked a shift from speculative trading to long-term institutional adoption. Banks and governments began viewing BTC as a strategic reserve asset. The GENIUS Act established a unified US framework for payment stablecoins, mandating 1:1 reserve backing, stricter issuer qualifications and stronger consumer protections. Real-world asset tokenization surpassed $30 billion onchain, driven by tokenized US Treasurys and private credit. Firms such as BlackRock, JPMorgan and Apollo integrated RWAs into DeFi markets. Read more
The registration statement was made public about four months after the asset manager had filed confidentially for an initial public offering. Grayscale Investments, an asset management company specializing in digital asset investments, has filed a registration statement as part of the process for going public on US markets. In a Thursday filing with the US Securities and Exchange Commission, Grayscale said it intended to list shares of its Class A common stock on the New York Stock Exchange under the ticker symbol GRAY. The Form S-1 filing was part of the process for the asset management company to go public, but it was not yet effective. Based on the SEC’s record of approvals, it could take anywhere from weeks to months before the registration statement becomes effective and the company prepares to list its shares. Read more