Bitcoin Breaks $100K Amid Bullish Sentiment and Trade Optimism
Bitcoin has officially crossed the $100,000 threshold, reaching over $104,000 as bullish momentum builds. Analysts credit the CryptoQuant Bull Score Index, which hit its highest mark since January, along with renewed investor optimism and supportive macroeconomic signals. A new U.S.-U.K. trade deal and hints of easing U.S.-China tensions added to the rally’s strength. Institutional investors have continued accumulating Bitcoin steadily, reinforcing long-term confidence in the digital asset. (Forbes)
Ethereum Soars 20% After Pectra Upgrade Sparks Market Confidence
Ethereum surged nearly 20%, its biggest single-day gain since 2021, after the rollout of the highly anticipated Pectra upgrade, pushing ETH above $2,100. The upgrade raised the staking cap from 32 to 2,048 ETH and introduced key usability enhancements like account abstraction, aiming to streamline validator operations and improve smart contract functionality. While on-chain activity remains muted, analysts say the upgrade has renewed market confidence and attracted bargain hunters, especially with ETH still far below its 2024 highs. As Bitcoin also rallies past $100K, Ethereum’s strength is viewed as a broader signal of returning risk appetite across the altcoin sector. (Coindesk)
Dogecoin and ADA Ride Altcoin Gains as Fed Meeting Looms
Dogecoin and Cardano’s ADA were among the top-performing altcoins this week as traders shift attention to the upcoming U.S. Federal Reserve meeting. Market optimism is on the rise, driven by Bitcoin’s breakout above $100K and improved macro sentiment. Analysts note that altcoins tend to benefit in high-beta environments, especially when institutional flows are robust. The market is now watching how Fed policy could influence short-term crypto momentum. (Coindesk)
Arizona Passes Law to Hold Bitcoin as Reserve Asset
Arizona has become the second U.S. state to sign legislation allowing it to hold Bitcoin in its state reserves. The law also directs the state treasury to manage unclaimed crypto assets through a new official custodian framework. Supporters say this move enhances fiscal modernization and aligns state policy with the realities of digital finance. (CoinTelegraph)
Filipinos Outgrow Axie Infinity as Crypto Wealth Deepens
Filipinos are holding more crypto than ever before, with the Philippines ranking 20th globally for crypto wealth concentration, according to Multipolitan’s 2025 Crypto Report. The average Filipino crypto owner now holds over $14,000 in digital asset, up from previous years and ahead of several Southeast Asian peers. The report highlights how early adoption of Axie Infinity laid the groundwork for the country’s growing interest in crypto, even as the game has since declined in popularity. Surveys show 96% of Filipinos are familiar with crypto, and ownership rose from 45% in 2023 to 52% in 2024. Regulatory efforts are also advancing, with the SEC drafting rules to better protect users and govern platforms. (Inquirer.net)
Strategy Adds $180M Worth of Bitcoin, Holdings Now Over 555,000 BTC
Bitcoin holding firm Strategy has added 1,895 BTC to its reserves, spending $180 million on the latest acquisition. This brings the company’s total stash to 555,450 BTC—worth over $58 billion at current prices—further cementing its status as the world’s largest corporate holder of Bitcoin. The firm has been steadily accumulating BTC since 2020 and shows no signs of slowing down amid renewed institutional interest and surging market sentiment. (The Block)
Brown University Allocates $4.9M to BlackRock Bitcoin ETF
Brown University has quietly invested $4.9 million into BlackRock’s iShares Bitcoin Trust, marking a notable entry of Ivy League endowments into crypto markets. The allocation suggests growing academic confidence in Bitcoin’s role as an alternative asset class. Observers say this may influence other institutions to follow suit. (Crypto News)
