Bitcoin maximalist Max Keiser is sounding the alarm on the surge of corporate treasuries allocating to Bitcoin (BTC), arguing that many of the newer entrants lack the conviction needed to endure a prolonged market downturn. Key Points Background: Bitcoin Treasury Boom Inspired by Michael Saylor’s Strategy Inc., dozens of firms are now adopting Bitcoin as a strategic reserve asset, aiming to hedge against inflation and boost stock premiums. Notable entrants include: Keiser’s Criticism: “Premiums Are Unsustainable” Keiser warns that many of these new treasury firms: “It is foolish to think the new Bitcoin treasury clones will have the same discipline,”…
Author: Blockto Team
The U.S. Securities and Exchange Commission (SEC) has raised concerns over the eligibility of REX Financial and Osprey Funds’ staked Ethereum (ETH) and Solana (SOL) exchange-traded funds (ETFs), suggesting the funds may not comply with the Investment Company Act or meet the criteria under the 6C-11 ETF rule. Key Points What’s the Issue? The 6C-11 rule, also known as the “ETF rule,” standardizes the types of corporate structures that qualify for exchange-traded funds. According to a May 30 letter from the SEC: “Commission staff continues to have unresolved questions about whether the Funds, if structured and operated as proposed, would…
Bitcoin (BTC) has staged a strong rebound above $104,300, recovering from a sharp drop triggered by U.S. tariff headlines and widespread risk-off sentiment. The move comes amid nearly $1 billion in liquidations and a notable break in institutional ETF inflows. Key Takeaways Technical Analysis Highlights Institutional Activity & Treasury Moves Despite the volatility, institutional confidence appears intact: Market Outlook With a new support base forming near $104K, and technical recovery confirmed by volume, BTC looks poised to resume its broader bullish trend—provided macro conditions don’t deteriorate further. This rebound also reaffirms that whale accumulation zones and ETF-driven support continue to…
Brazilian fintech company Méliuz (CASH3) has announced plans to raise up to R$450 million ($78 million) through a public equity offering, with 100% of proceeds earmarked for Bitcoin (BTC) purchases, positioning the cryptocurrency as a primary strategic asset in its treasury. Key Details of the Offering If all over-allotment and maximum subscription conditions are met, Méliuz could issue up to 152 million warrants. Market Reaction and BTC Positioning The bold move to convert equity into Bitcoin exposure triggered immediate market response. Méliuz shares fell more than 8% on Friday, as investors digested the strategic shift and dilution risk. The company…
Aptos (APT) is showing signs of a potential recovery after a sharp 10% correction, rebounding strongly from a crucial support zone as buying activity intensifies. The layer-1 blockchain token, which fell from $5.058 to $4.548, found solid footing at the $4.55–$4.60 range, where buyers stepped in aggressively, according to CoinDesk Research’s technical model. Key Recovery Highlights Market Context: Global Uncertainty Meets Crypto Volatility APT’s correction mirrors broader crypto market jitters, influenced by renewed U.S.–China trade tensions, rising geopolitical risks, and cautious investor sentiment. Despite this, the volume profile and price action suggest institutional or whale accumulation, as trading activity shifted…
Ripple Proposes Live-Market Testing Environments for Digital Assets Ripple has formally urged the U.S. Securities and Exchange Commission (SEC) to establish real-world regulatory sandboxes designed to accelerate innovation in the cryptocurrency space. In a May 28, 2025 submission to the SEC’s Crypto Task Force, Ripple proposed sandbox environments that simulate actual market conditions for digital asset products such as tokenized Real World Assets (RWAs). “A regulatory sandbox for digital asset products allows innovation to thrive under controlled regulatory supervision,” Ripple stated. According to Ripple, these environments would offer an effective pathway for collaboration between regulators and crypto firms, allowing both…
JPMorgan CEO Jamie Dimon has reignited his criticism of Bitcoin, arguing that the United States should prioritize military preparedness over digital asset reserves, especially amid rising geopolitical tensions. Speaking at the Reagan National Defense Forum in California, Dimon pushed back against recent government initiatives exploring the creation of a national Bitcoin reserve. He emphasized that the country should focus on critical defense infrastructure such as ammunition, drones, tanks, and rare earth materials, not cryptocurrencies. “We shouldn’t be stockpiling bitcoins,” Dimon said. “We know what we need. It’s not a mystery.” Defense Over Digital: Dimon Sounds Alarm on War Readiness Dimon’s…
The International Monetary Fund (IMF) has raised serious concerns about Pakistan’s decision to allocate 2,000 megawatts (MW) of electricity for Bitcoin mining and AI data centers, amid ongoing negotiations tied to the country’s extended financial support program. Power Plan Faces Scrutiny Amid Energy Crisis Announced last week, Pakistan’s plan aims to attract blockchain companies, autonomous crypto miners, and AI firms to set up operations in the country. Officials have touted the initiative as a way to boost technological investment and diversify the economy. However, the IMF has reportedly expressed alarm over the plan, particularly in light of Pakistan’s chronic energy…
Bitcoin’s bull market may be entering a temporary cooldown as the world’s largest cryptocurrency struggles to maintain momentum above its previous all-time highs. Analysts are warning that a “deeper pullback” could be in the cards before the next leg up, with a $104.5K weekly close now emerging as a critical support level. BTC Dips Below Key Resistance Amid Profit-Taking As of May 31, Bitcoin (BTC) is trading around $104,177, down nearly 8% from recent highs, according to Cointelegraph Markets Pro and TradingView data. After hitting a record high earlier this month, the price retraced sharply, now testing support levels first…
As violent crimes targeting cryptocurrency holders rise, insurance companies are racing to develop kidnap and ransom (K&R) insurance policies tailored for crypto executives and investors. A recent NBC News report reveals that at least three crypto-focused insurance and security firms are preparing new K&R protections to address growing threats of physical abductions and extortion in the digital asset world. Crypto Wealth Now a High-Risk Target Unlike traditional assets held by banks or custodians, crypto wallets are often self-managed, making high-net-worth individuals particularly vulnerable. If criminals gain access credentials, funds can be instantly transferred and laundered—leaving victims with no recourse. Rebecca…