Market Update: Japan ETFs, Corporate BTC Buys, and Major Partnerships
Market Update: Japan ETFs, Corporate BTC Buys, and Major Partnerships
🤔 Japan's Crypto Plot Thickens
Key Market Movements
- Bitcoin steady at $107.4K with 1-2% gains across major cryptocurrencies
- Japan preparing regulatory framework for crypto ETFs
Major Corporate Developments
- Green Mineral plans $1.2B Bitcoin treasury investment
- Build & Build Corp and Nano Labs announce major BNB purchases totaling $1.5B
- Chainlink partners with Mastercard for direct onchain purchases
Platform Updates
- Polymarket achieves $1B+ valuation
- Gondi launches comprehensive NFT marketplace
- CRCL experiences first decline, dropping 15% to $222
Notable Quote Robinhood CEO Vlad Tenev predicts crypto will replace traditional finance during CNBC appearance
What's new? 🔹Crypto majors dip 1-2%; BTC at $104.2K 🔹GENIUS Act passes the Senate 🔹@coinbase requests SEC approval for tokenized stock trading 🔹JPMorgan meets with crypto task force to bring capital markets on-chain + launches a pilot for JPMD on Base 🔹Israeli hacker group
What's new? 🔹Crypto majors slightly red, BTC at $103.3K 🔹@RobinhoodApp acquires Canadian crypto firm @WonderFi for $180M 🔹US stocks are now green on the year 🔹Abraxas Capital Management buys $500M of ETH over past week 🔹@launchcoin ecosystem reaches $400M in size, sees
What's new? 🔹Crypto majors continue upward; BTC at $109K 🔹BTC records highest daily close ever 🔹More Americans now own BTC than gold 🔹Texas passes its Bitcoin Strategic Reserve bill 🔹Argentina dismantles Libra scandal task force 🔹Solana’s new ‘Alpenglow’ upgrade aims for
What's new? 🔹Crypto majors dip; BTC at 107.5K 🔹Trump Media announces plans to raise $2.5B to buy crypto 🔹@MetaMask rolls out Solana support for trading + apps 🔹@echodotxyz announces Sonar as new ICO launchpad 🔹Cantor completes first transactions for new $2B lending business
What's new? 🔹Crypto majors recover after Trump vs Elon selloff; BTC at $105.1K 🔹@circle soars 167% on IPO 🔹@bitfinex and tether back new L1 ‘Stable’ 🔹@Uber says it’s studying using stablecoins as payment vehicles 🔹@Metaplanet_JP and @MicroStrategy announce huge new
What's new? 🔹Crypto majors down 2-7%; BTC at $104.3K 🔹Market reacts poorly to tariff reinstatement 🔹@SECGov moving to drop Binance case 🔹@SecScottBessent: Trade talks with China stalled 🔹PSG announces BTC treasury strategy 🔹@JamesWynnReal loses $100M in 1 week 🔹 Sharplink
What's new? 🔹Crypto majors soar on US China trade progress; BTC at 96.6K 🔹Bitcoin dominance hits new 4-year high above 65% 🔹FOMC decision today, rate cuts odds only 3% 🔹New Hampshire passes 1st-ever Bitcoin Strategic Reserve 🔹@Citi reveals plans to bring pre-IPO private
What's new? 🔹Crypto majors rally 1-2%; BTC at $107.4K 🔹Japan looks to clear path for crypto ETFs 🔹@Polymarket hits $1B+ valuation in latest rise 🔹Chainlink partners with Mastercard enabling direct onchain purchases 🔹@gondixyz launches new all-in-one NFT marketplace with
What's new? 🔹Crypto majors mixed; BTC at $105.2K 🔹Trump Media files for spot Bitcoin ETF 🔹@ethereumJoseph hints at a major sovereign wealth fund building on ETH 🔹California Assembly passes Bill to Let State Agencies Accept Crypto — Heads to Senate Next 🔹@SenLummis: US
CRCL's Position in Evolving Stablecoin Landscape
Circle ($CRCL) faces potential market shifts as regulatory changes may allow more companies to issue stablecoins. This comes after Circle's remarkable IPO performance, where it surged 163% on debut and gained an additional 16% to exceed $20B valuation. Key points: - Regulatory changes could increase stablecoin issuer competition - Circle's strong market position being tested - IPO success demonstrated significant market confidence Watch the full analysis on [@fomohour YouTube](https://www.youtube.com/watch?v=2OW8ywnOb-U)
Invesco and VanEck File for Solana ETFs
Two major asset managers have submitted applications for Solana-based ETFs: - **Invesco** filed an S-1 registration form with the SEC for a Solana ETF - **VanEck** followed with their own Solana ETF filing The news had an immediate market impact, with SOL's price increasing by more than 5% following VanEck's announcement. These filings represent growing institutional interest in offering regulated Solana investment products. [View Invesco's SEC filing](https://www.sec.gov/Archives/edgar/data/2074409/000206159025000093/s1.htm)
FHFA Orders Fannie Mae & Freddie Mac to Include Crypto in Mortgage Assessments
The Federal Housing Finance Agency (FHFA) has directed government-backed mortgage giants Fannie Mae and Freddie Mac to include cryptocurrency holdings as a valid reserve asset in single-family mortgage risk assessments. Key points: - Policy is effective immediately - Applies to government-sponsored enterprises that provide housing market liquidity - Represents significant shift in traditional mortgage lending criteria This development could potentially expand access to home ownership for cryptocurrency holders by allowing their digital assets to be counted toward mortgage qualification requirements.
Kalshi Raises $100M at $1B Valuation
Prediction market platform Kalshi has secured a significant funding round of $100M, reaching a $1B valuation with backing from Paradigm. The platform has shown strong growth, with its presidential prediction market achieving $30M in trading volume within three weeks of launch in October 2024. While impressive, this volume still trails behind competitor Polymarket's $2 billion. Key points: - $100M funding round led by Paradigm - $1B current valuation - $30M trading volume in presidential markets - Growing but behind Polymarket's volume