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#Institutions Hold 10M+ ETH#
Bitcoin, Ethereum Slip Amid Market Focus on Fed Policy
Bitcoin dipped 0.2% to around $115,064, down from a record high above $124,000, due to weaker-than-expected wholesale price data and U.S. Treasury Secretary Scott Bessent confirming the U.S. won’t boost its Bitcoin reserves .
Weekly Bitcoin Pullback of Nearly 4% to $114K Signals Consolidation
Over the past week, Bitcoin declined almost 4%, stabilizing below $116,000—a pattern many analysts interpret as part of a broader consolidation phase given ongoing macroeconomic uncertainties .
SoFi Launches Blockchain Remittance & Crypto Services
SoFi is reentering the crypto space by launching a blockchain-based remittance service in partnership with Lightspark, starting in Mexico. The service converts USD into BTC and sends it cross-border. SoFi also plans to reintroduce crypto trading, enabling purchases of Bitcoin, Ethereum, stablecoins, staking, and crypto-backed borrowing .
$1 Million Bitcoin? Experts Break Down the Numbers
Experts weighing in on whether Bitcoin could reach $1 million note that achieving a $21 trillion market cap would require massive institutional adoption, corporate integration, and global retail participation—though it remains highly speculative .
Re7 Capital Aims for $100M Crypto Hedge Fund
Crypto hedge fund Re7 Capital, managing nearly $1 billion and founded by ex-UBS director Evgeny Gokhberg, is launching a new fund with a $100 million target by Q4 2025, signaling robust institutional confidence in crypto markets .