Author: Blockto Team

Despite volatility in the broader crypto market, leading asset manager Bitwise is standing firm on its $200,000 Bitcoin price target for 2025. However, it is dialing back expectations for Ethereum (ETH) and Solana (SOL) as market dynamics diverge across major assets. Strong Institutional Demand Supports Bullish Bitcoin Outlook According to Matt Hougan, Bitwise CIO, and Head of Research Ryan Rasmussen, the key driver behind the bullish Bitcoin forecast is growing institutional demand. The firm cites inflows from spot Bitcoin ETFs, corporate treasuries, and even government reserves such as the newly created U.S. strategic Bitcoin reserve. “We’re holding firm to our…

Germany’s largest financial institution, Deutsche Bank, is reportedly set to launch its crypto custody service in 2026, marking a major step forward in its digital asset strategy. The move is aimed at providing secure storage for cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH), with support from major fintech firms. Partnerships with Bitpanda and Taurus Strengthen Digital Push According to sources familiar with the matter, Deutsche Bank will build the new crypto custody solution in partnership with two key players: These partnerships are expected to provide the technical backbone for the bank’s foray into digital asset storage. The effort aligns with…

The U.S. Dollar Index (DXY) just experienced its worst six-month performance in over three decades, plunging more than 10%, a decline not seen since Q3 of 1991. While this sharp fall is considered bullish for Bitcoin in the long term, short-term technicals indicate potential price weakness ahead for the flagship cryptocurrency. Dollar Weakness Boosts Bitcoin’s Long-Term Case The DXY, which tracks the U.S. dollar’s performance against a basket of global currencies, broke below a 14-year ascending trendline. Additionally, the MACD histogram on the half-yearly chart has fallen below zero, signaling a loss in upward momentum and suggesting deeper downside for…

Filecoin (FIL) gave back much of its recent gains after a strong upward surge met with heavy resistance. The token remains slightly positive over the last 24 hours, but technical indicators point to a consolidation phase following volatile price swings. Filecoin Price Surges Then Retreats From $2.41 Resistance On June 29, Filecoin saw a sharp 6.05% surge, jumping from $2.31 to $2.41 during the 22:00 hour with volume exceeding 7.6 million tokens. This rally was halted by strong resistance at the $2.41 level, where significant sell orders triggered a reversal. High-volume resistance is now clearly established at $2.41, capping further…

The Bitcoin network hashrate declined approximately 3% in June 2025, according to a recent JPMorgan research report. The drop in computational power was primarily driven by seasonal weather-related curtailments, as miners across the southern United States — particularly Texas — scaled back operations in response to the ongoing heatwave. What is Hashrate and Why It Matters for Bitcoin Mining Hashrate refers to the total computational power used by miners to validate transactions and secure the Bitcoin network. Measured in exahashes per second (EH/s), a higher hashrate typically indicates stronger network security and increased mining competition. A decline in hashrate often…

U.S. spot Bitcoin ETFs have extended their net inflow streak to 15 consecutive trading days, pulling in a cumulative $4.7 billion as of July 1, 2025. The momentum continues to build despite Bitcoin hovering just under 5% below its all-time high, signaling growing confidence from institutional investors. Daily Analysis of $BTC by BITX BlackRock Leads as ETF Inflows Top $100 Million on Monday On the final day of June, Bitcoin ETFs attracted $102.1 million in net inflows, with BlackRock’s IBIT fund contributing $112.3 million. This was partially offset by a $10.2 million outflow from ARK Invest and 21Shares’ ARKB ETF.…

Elon Musk’s artificial intelligence firm, xAI, has successfully raised $10 billion in a new funding round, marking a significant escalation in the AI arms race. The raise comes as Musk’s public feud with President Donald Trump resurfaces, now entangled in political and fiscal tensions that may impact his business empire. xAI Secures Strategic Capital to Expand Grok AI and Supercomputing The $10 billion capital raise was split evenly between secured debt and strategic equity investments, according to reports. The oversubscribed round included major institutional investors eager to back Musk’s vision of decentralized AI development and expansion. The funding will scale…

The Smarter Web Company, a UK-based firm listed on the Aquis Stock Exchange, has made another significant move in its bitcoin treasury strategy by acquiring 230.05 BTC for $24.6 million, bringing its total holdings to 773.58 BTC. Latest Bitcoin Buy Pushes Holdings Past $82 Million The firm disclosed that it bought 230.05 BTC at an average price of $107,126 per bitcoin, slightly above the current market value of around $106,963. This brings the company’s total investment to $82.7 million, with an average entry price of approximately $107,015 per BTC. The Smarter Web Company now ranks 36th among global public companies…

Spectre AI (ticker SPECTRE) has seen notable price action over the past 24 hours, with shifts driven by market sentiment and technical levels. Here’s a snapshot of its performance and what to watch next. 24‑Hour Price Movement & Volume Data This activity indicates a short-term rebound after a recent dip, supported by moderate trading volume. Technical Indicators: Sentiment & Momentum While crypto markets show increased optimism, Spectre AI’s lower consistency in green days suggests a cautious rally. Short‑Term Forecast: Mixed Signals Ahead Algorithmic predictions from CoinCodex suggest a ~25% pullback by late July, targeting the $1.56–$1.62 range . A mid‑term rebound may…

Bitcoin mining company IREN has achieved a significant operational milestone, hitting its midyear target of 50 exahashes per second (EH/s) in installed self-mining capacity. This advancement not only cements IREN’s status among the top mining firms but also aligns with its broader ambition to expand into artificial intelligence (AI) infrastructure. From 31 EH/s to 50 EH/s in Six Months IREN’s leap from 31 EH/s at the end of 2024 to 50 EH/s by mid-2025 marks an aggressive and well-executed scaling strategy. The company credits this progress to its 750-megawatt (MW) flagship site in Childress, Texas, which now serves as the…