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Nasdaq-listed Bitcoin mining company Bitdeer (ticker: BTDR) confirmed it sold all 227.5 $BTC it mined during the past week, reducing its proprietary Bitcoin holdings to zero. The disclosure was made in the company’s latest weekly operational report.
According to the report, Bitdeer mined 227.5 $BTC in the seven-day period ending last week and liquidated the entire amount. The company has maintained a policy of holding no Bitcoin on its own balance sheet since February, choosing instead to sell all newly mined coins immediately. This strategy excludes any Bitcoin deposited by customers, which remains separate from the company’s own holdings.
Bitdeer’s approach stands in contrast to many publicly traded mining firms that accumulate Bitcoin as a long-term reserve asset. Companies like MicroStrategy and Marathon Digital have built substantial Bitcoin treasuries, viewing the cryptocurrency as a strategic store of value. Bitdeer’s decision to sell immediately suggests a focus on generating cash flow to fund operations, reduce debt, or reinvest in mining infrastructure — a more conservative financial strategy in a volatile market.
For investors and analysts, Bitdeer’s consistent sell-off policy provides transparency about the company’s cash conversion cycle and liquidity position. By not holding Bitcoin, Bitdeer avoids exposure to price fluctuations that can significantly impact the balance sheets of miners that accumulate. This strategy may appeal to risk-averse shareholders but also means the company does not benefit from potential upside in Bitcoin’s price.
Bitdeer’s weekly sale of 227.5 $BTC reinforces its disciplined, cash-focused treasury management. As the cryptocurrency mining sector evolves, the company’s zero-hold strategy offers a clear contrast to peers that accumulate, providing a distinct financial profile for investors to evaluate.
Bitdeer has stated it sells all newly mined Bitcoin to maintain a zero-hold strategy, prioritizing cash flow and operational liquidity over holding the asset as a long-term investment.
Bitdeer’s own Bitcoin holdings are zero. However, the company may hold Bitcoin deposited by customers for its hosted mining services, which are not included in its proprietary holdings.
Many public mining firms like Marathon Digital and Riot Platforms accumulate Bitcoin as a reserve asset. Bitdeer’s immediate sale strategy is more conservative, reducing exposure to price volatility but also forgoing potential gains from price appreciation.
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Bitcoin Treasury Capital (BTCB), a Sweden-listed company, has introduced Europe’s first Bitcoin-backed preferred stock, trading under the ticker symbol PREF on the Spotlight Stock Market. The security offers a 10% annual dividend, with monthly payouts, marking a significant step in the integration of digital assets with traditional equity markets.
Preferred stocks are hybrid securities that combine features of both stocks and bonds. They typically pay fixed dividends and have priority over common stock in the event of liquidation. In this case, PREF is backed by Bitcoin held by the company, linking the security’s value to the cryptocurrency’s performance. This structure provides investors with a regular income stream while maintaining exposure to Bitcoin’s price movements.
This launch represents a novel financial instrument in Europe, where regulatory frameworks for crypto-linked securities are still evolving. By listing on the Spotlight Stock Market, a regulated exchange in Sweden, the product offers a compliant way for institutional and retail investors to gain Bitcoin exposure through a familiar equity format. The monthly dividend payments also appeal to income-focused investors seeking higher yields in a low-interest-rate environment.
The introduction of $BTC-backed preferred stock could pave the way for similar products across Europe. It demonstrates how companies can tokenize traditional financial instruments or back them with digital assets, potentially increasing liquidity and accessibility. However, investors should be aware of the risks, including Bitcoin’s volatility and the regulatory uncertainties surrounding crypto-linked securities.
Bitcoin Treasury Capital’s launch of PREF is a pioneering move that bridges the gap between cryptocurrency and traditional equity markets in Europe. While it offers a new avenue for Bitcoin exposure with regular dividends, investors should carefully consider the associated risks. This development may signal a broader trend of crypto-backed financial products gaining mainstream acceptance.
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CEO Paul Prager said the 20-year lease reflects surging demand for AI computing and validates TeraWulf's strategy of owning power, land and operations.
Prager said the Kentucky project won Anthropic through a competitive bidding process centered on access to grid power and long-term infrastructure.
The contract is valued at roughly $19 billion over its life, exceeding TeraWulf's current market capitalization, according to the interview.
Prager said TeraWulf already works with Anthropic and Google at its Lake Mariner campus in New York, giving the companies an established relationship.
Prager was interviewed by Jennifer Sanasie on CoinDesk's Public Keys at the New York Stock Exchan
TeraWulf is shedding non-core assets to focus capital on AI data centers it fully controls.
Prager said the company's sale of its interest in the Abernathy project reflects a disciplined capital allocation strategy rather than a change in AI ambitions.
He said TeraWulf earned a strong return on the sale and plans to reinvest the proceeds into wholly owned AI infrastructure projects, including additional sites in eastern Kentucky.
Prager said owning the site, power supply and operations gives TeraWulf greater control over customer relationships and long-term return
Prager argued the AI infrastructure boom is constrained by power quality rather than available land.
He said the U.S. faces a shortage of electricity and warned investors that "not all megawatts are created equally."
Prager said successful AI campuses require reliable generation, redundant transmission, favorable regulation and strong community relationships.
He added that TeraWulf focuses on redeveloping former industrial sites and, where needed, adding new power generation to support both AI facilities and the broader electric gri
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Enterprise blockchain adoption doesn’t get limelight overnight, but Hedera today added another piece to a much bigger puzzle. The network has integrated with Utila, which is known as an institutional grade digital asset custody and wallet infra provider.
By joining hands they are expanding secure access to $HBAR and Hedera Token Service (HTS) tokens for enterprises operating at scale.
The partnership arrives as Hedera continues building its presence across regulated financial markets, where security, compliance, and operational control often matter more than hype.
Utila enters the collaboration with solid credentials. The platform has secured $51.5 million in funding and processes more than $200 billion in transaction volume, offering Multi-Party Computation (MPC) wallets, customizable policy controls, and enterprise-focused APIs.
For organizations managing $HBAR and HTS tokens, the integration introduces compliance-focused custody infrastructure. Which is designed to simplify digital asset operations without compromising security. That lowers the entry barrier for financial institutions seeking blockchain exposure within regulated environments.
The integration extends beyond custody services. Utila is serving as a key infrastructure provider for project Acacia, the Reserve Bank of Australia’s digital money pilot, alongside Hashgraph and Hashsphere. The initiative operates on a private network powered by hedera
Hedera Hashgraph is a public distributed ledger that supports decentralized applications requiring speed, security, and predictable costs. The network uses Hashgraph consensus to process transactions without mining or block creation. Governance is handled by a council of global enterprises and institutions that oversee protocol changes. Hedera emphasizes long-term network reliability and enterprise use cases. $HBAR functions as the utility token for fees, contracts, and network operations. Key features: Hedera uses Hashgraph consensus to deliver fast and secure transaction processing without mining. The platform achieves finality within 3–5 seconds with an average of 2.9 seconds. Transaction fees are fixed in USD, keeping costs stable regardless of network activity.
Moreover, the latest partnership follows another notable development for Hedera. Per onchain data the rising graph shows increases in transaction counts. Per chart, it is approaching 72 Billions in cumulative transactions count that has been processed across its network.
That figure highlights sustained enterprise usage rather than isolated bursts of activity. As transaction volumes continue growing, Utila integration appears less like an optional upgrade and more like a necessary step.
For Hedera, enterprise adoption isn’t being measured by announcements alone. It’s increasingly being backed by transaction volume, regulated infrastructure, and participation in large-scale financial initiatives.
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Virtuals Protocol has made headlines by successfully jumpstarting the agent economy on Robinhood Chain. As of July 16, the organization announced over $100 million in trading volume along with the launch of 2,400 agents within the first two weeks. This achievement signals strong early interest and potential growth in the agent economy, as noted in their recent tweet source.
The broader crypto market continues to exhibit mixed signals, yet Virtuals Protocol’s recent success presents a notable exception. Their rapid onboarding of agents and impressive trading volume highlight a burgeoning sector within the crypto space. The significant uptake of over 2,400 agents reflects a growing interest and potential for scalability in decentralized trading environments. This development not only bolsters Virtuals Protocol’s position but also suggests a shift towards more user-driven models in crypto trading.
Current market conditions remain dynamic but largely mixed across major assets. Virtuals Protocol, however, stands out with its reported $100 million in trading volume and the launch of over 2,400 agents, indicating a robust entry into the agent economy. In contrast, other sectors of the market are struggling to maintain momentum, emphasizing the unique position of Virtuals Protocol as it navigates this rapidly evolving landscape.
Virtuals Protocol, an emerging player in the crypto space, aims to create a thriving agent economy on the Robinhood Chain. Their recent efforts to engage users and facilitate trading through decentralized agents align with broader trends in the cryptocurrency industry. The organization’s commitment to rapid scaling and user engagement sets it apart from more traditional models in the market.
Traders should keep an eye on how Virtuals Protocol continues to leverage its early successes to attract further participation in the agent economy. The growth trajectory established in the initial weeks suggests potential for sustained interest, but market volatility remains a risk. Observers will likely monitor future trading volumes and user engagement metrics to gauge the long-term viability of this model. As the broader sector evolves, developments from Virtuals Protocol could influence similar projects across the crypto landscape.
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As blockchain adoption grows, one question keeps coming up. What role will $XRP play if banks, stablecoins and tokenized assets all move on-chain
According to Jazzi Cooper, Head of Product at RippleX, $XRP’s biggest opportunity is still the one Ripple has talked about for years, becoming the bridge asset that connects different digital currencies.
Cooper said the need for a bridge asset will increase as more stablecoins, central bank digital currencies (CBDCs), and tokenized assets are launched.
Today, if every asset needed its own direct trading pair with every other asset, the number of liquidity pools would grow rapidly, making the system expensive and difficult to manage.
To test the idea, Cooper said her team recently built a model comparing two different systems. If liquidity were created directly between 50 different assets, the market would require 1,225 trading pairs. Using $XRP as the bridge reduces that to just 50 pairs.
Cooper also pointed to previous discussions by the International Monetary Fund (IMF) around tokenization and digital currencies. She said the IMF has highlighted that if every country eventually issues its own digital currency, creating direct trading pairs between every currency would not scale efficiently.
Beyond cross-border transfers, Cooper believes $XRP could become more useful in institutional finance. She said RippleX is working on bringing lending protocols to the $XRP Ledger, allowing $XRP holders to lend their assets and potentially earn yield instead of simply holding them.
Cooper also expects $XRP to play a growing role as collateral in financial markets, particularly as institutions adopt products such as Ripple Prime and expand blockchain-based financial services.
Looking further ahead, she said $XRP could eventually be used more widely across the $XRP Ledger ecosystem to support protocol incentives and other network functions as more financial applications are built.
While that vision is still evolving, Cooper says $XRP’s role could grow far beyond payments as blockchain adoption accelerates.
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Ripple CEO Brad Garlinghouse says the problem with today’s payment apps isn’t complicated. They just weren’t built to talk to each other.
Speaking at an event, Garlinghouse compared modern payment networks to the earliest days of the internet. Garlinghouse compared today’s payment apps to old closed networks like AOL once, pointing out that Venmo and PayPal couldn’t move money between each other until recently, despite PayPal owning Venmo.
Garlinghouse said the highest friction in the entire payments system shows up when people try to send money internationally. It’s slow, expensive, and prone to mistakes, sometimes leaving money stuck in transit for weeks while people track it down. That’s the problem Ripple set out to solve.
Garlinghouse was careful to frame the technology in terms customers actually care about, not jargon. An $XRP transaction settles in about four seconds anywhere in the world, he said. Moving money using $XRP costs just fractions of a penny per transaction, he said, framing speed and cost as the only two things that matter to the people actually using the technology.
He drew a direct comparison to Bitcoin to make the point clearer. A Bitcoin transaction can cost close to $10 and take up to 10 minutes to settle, according to Garlinghouse, who was quick to add that this isn’t a knock against Bitcoin. Different blockchains, he said, are simply built for different jobs, the same way different internet protocols serve different purposes.
Rather than pitching $XRP to individual users, Ripple chose to sell its technology directly to banks and financial institutions worldwide. Garlinghouse also referenced the SEC’s lawsuit against Ripple, noting that it left the company’s US business largely stagnant for roughly five years before the situation eventually shifted.
Garlinghouse also offered a plain-language explanation of blockchain itself: an open ledger of debits and credits that anyone can view, where past transactions can never be altered. For Ripple, the goal was never to use blockchain because it’s an interesting technology. It was to apply it to a real problem that financial institutions and their customers already have.
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Ethereum’s co-founder, Joseph Lubin, has argued that Ethereum’s future value will come from global adoption and $ETH demand, not from charging high transaction fees on the base layer.
The discussion began after ARK analyst Lorenzo Valente highlighted how revenue is distributed across Ethereum’s Layer-2 ecosystem using Robinhood’s recently launched blockchain as an example.
Valente argued that the figures expose an important distinction in Ethereum’s investment thesis. If $ETH is primarily viewed as money and collateral securing the network, more companies building Layer-2s is a positive development because it increases Ethereum usage and demand for $ETH.
However, if investors expect Ethereum itself to generate significant fee revenue, the current model appears far less attractive since most economic value remains with Layer-2 operators.
Valente suggested Ethereum should capture a larger share of network economics, proposing a model where Ethereum receives closer to 15% of revenue instead of a fraction of one percent.
Lubin believes Ethereum’s long-term value comes from several factors working together. As more businesses move on-chain, more organizations will need to acquire and hold $ETH to operate within the Ethereum ecosystem.
He also expects staking to continue locking away large amounts of $ETH, reducing the liquid supply available in the market.
Combined with Ethereum’s token-burning mechanism, which permanently removes a portion of transaction fees from circulation, Lubin argues these dynamics could strengthen $ETH’s scarcity over time even if Layer-1 fees remain relatively low.
Responding to questions about whether there are enough companies capable of launching their own blockchains, Lubin pointed to the much broader global economy.
He said that there are hundreds of millions of businesses worldwide and argued that blockchain represents the next evolution of the internet.
Just as businesses gradually adopted websites over the past two decades, Lubin believes companies of all sizes will eventually move parts of their operations on-chain.
In his view, Ethereum’s ecosystem—including its Layer-2 networks and permissioned EVM chains, is best positioned to support that transition.
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🚨 Breaking: It’s moving, and the whales are planning... Are you ready?
The cryptocurrency market is witnessing sudden and unusual moves right now. Technical indicators are heating up, and liquidity is flowing fast, suggesting that something big is being cooked behind the scenes.
🚀 Don’t let the opportunity slip away!
The markets don’t wait for anyone, and whales always leave traces behind. If you want your next move to be smart and thoughtful:

Tron founder Justin Sun announced on X that the total value locked (TVL) of $USDD deposits on the Tron-based DeFi protocol Just ($JST) has surpassed $400 million. The milestone underscores growing demand for stablecoins within the Tron ecosystem and highlights the expanding role of decentralized finance (DeFi) on the network.
$USDD is a native stablecoin of the Tron blockchain, designed to maintain a $1 peg through a reserve mechanism managed by the Tron DAO. These reserves include Bitcoin ($BTC), Tron’s native $TRX token, and $USDT, providing a multi-asset backing intended to stabilize the stablecoin’s value. The $400 million TVL on Just protocol indicates that users are actively depositing $USDD into the platform’s lending and yield-generating pools, signaling confidence in the stablecoin’s stability and the protocol’s utility.
Just protocol, which launched in 2020, is a decentralized finance platform on Tron that allows users to lend, borrow, and earn interest on various crypto assets. The surge in $USDD deposits aligns with broader market trends where stablecoins are increasingly used as collateral and liquidity sources within DeFi applications. For Tron, which has positioned itself as a high-throughput, low-cost blockchain, this growth reinforces its relevance in the DeFi sector.
The milestone comes amid a period of heightened activity in the stablecoin market, with total stablecoin supply exceeding $160 billion globally. $USDD’s peg mechanism has faced scrutiny in the past, particularly during market volatility, but the Tron DAO’s reserve management appears to have maintained stability. The $400 million figure represents a meaningful portion of $USDD’s circulating supply, which stands at approximately $750 million according to public data.
For users, the growth in $USDD deposits on Just protocol offers several potential benefits, including access to competitive yields and the ability to use $USDD as collateral for borrowing other assets. However, risks remain, including potential smart contract vulnerabilities and the inherent volatility of the underlying reserve assets. Investors should conduct their own due diligence before participating.
Stablecoin deposits are often viewed as a barometer of DeFi health and user trust. When users lock stablecoins into protocols, it suggests they intend to engage with the ecosystem rather than simply hold. This activity can stimulate liquidity, enable lending markets, and drive further innovation. For Tron, the milestone reinforces its position as a major player in the DeFi space, competing with Ethereum, BNB Chain, and Solana.
The $400 million $USDD TVL milestone on Just protocol reflects growing adoption of Tron’s stablecoin and DeFi infrastructure. While the figure is notable, it represents a fraction of the broader stablecoin market. Continued monitoring of reserve health and protocol security will be essential for maintaining user trust. For now, the milestone signals positive momentum for Tron’s DeFi ecosystem.
$USDD is a decentralized stablecoin native to the Tron blockchain, pegged to the US dollar and backed by a reserve of assets including $BTC, $TRX, and $USDT, managed by the Tron DAO.
Just ($JST) is a decentralized finance protocol on the Tron blockchain that enables lending, borrowing, and yield generation using crypto assets, including stablecoins like $USDD.
The increase is likely driven by growing demand for stablecoin-based DeFi yields, confidence in $USDD’s peg stability, and the broader expansion of Tron’s DeFi ecosystem.
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Aave V3 On zkSync Era Extends DeFi Lending Deeper Into ZK Rollups is the kind of crypto story that looks simple at headline level but becomes more useful once you place it inside the wider market backdrop. Aave’s expansion tells you where serious DeFi liquidity is trying to go next.
The reason it deserves attention today is not that one announcement or filing magically changes the whole market. It is that the update adds another data point to a sector still trying to work out where capital, users, and regulation are actually moving.
zkSync Era offers a ZK-rollup environment for lower-cost activity.
Aave V3 provides a familiar lending system for users moving between chains.
DeFi is in a more mature phase now. The market is less impressed by vague promises and more interested in where liquidity actually goes, which networks get deployments, and which governance decisions can change usage. That makes protocol-level votes and launches worth watching.
The initial pool parameters will decide how quickly meaningful liquidity can build.
The question is whether these moves create practical depth. More chains, more pools, and more governance proposals only matter if users find better pricing, easier access, or stronger risk controls.
For Bitcoinist readers, the practical takeaway is to avoid treating this as an isolated headline. The stronger read is to connect it with the current market environment: liquidity is still selective, regulatory pressure has not disappeared, and the projects that keep shipping useful updates are the ones most likely to hold attention when the cycle gets noisy.
That does not mean the story should be stretched beyond what the source supports. The cleaner approach is to keep the facts tight, explain the mechanism, and show readers why it may matter if follow-up data confirms the same direction over the next few sessions.
In other words, this is a development to watch rather than a guaranteed turning point. Crypto moves quickly, but the useful signals are usually the ones that still make sense after the first reaction fades.
The important thing for readers is context. A single development rarely defines the market on its own, but a series of source-backed updates can show where momentum is building. That is why this article keeps the focus on the specific mechanism in play, the source behind it, and the reason traders or builders may care today.
This article was written by the News Desk and edited by Samuel Rae.
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Bitcoin traded near $64,100 on Saturday as the clock ticked toward a key test for its rebound. June's US consumer price index is due at 8:30 a.m. ET on July 14, leaving the market with about three days before the next major macro catalyst.
The largest crypto asset had gained about 2.6% over seven days, according to CryptoSlate market data, but 24-hour volume was running 21% below its recent average. Bitcoin has rebounded, but buyers have yet to fully commit.
The scheduled inflation report will hit a rates market that makes that gap harder to ignore.
Futures-derived probabilities using CME FedWatch methodology put a 64.6% chance on the Federal Reserve holding its 3.50%-3.75% target range on July 29 and a 35.4% chance on a quarter-point hike.
By September, markets see a 50.9% chance of rates reaching 3.75%-4.00% and an 18.8% chance of 4.00%-4.25%. July appears too soon for the next Fed move. CPI will show whether rate-cut hopes have room to return or if fears of a hike take over.
ETF demand has offered only tentative support. US spot Bitcoin funds took in a net $90.4 million on July 10 after losing a combined $180.2 million over the prior two sessions, fund flow data showed.
Bitcoin futures open interest was near $47.3 billion, with modest positive funding and short liquidations dominating the previous 24 hours. That combination points to active positioning and only modest long exposure
An upside inflation surprise would be the hardest test. The two-year Treasury yield ended July 10 at 4.21% and the 10-year at 4.56%, both higher on the day, according to Treasury data.
A hotter print could lift yields and the dollar from around the 101 area, raise hike probabilities and put fresh Bitcoin longs at risk if ETF buyers retreat.
An inline result would leave the rebound dependent on flows. With leverage orderly and ETF demand positive for only one session, holding $64,000 would require buyers to keep absorbing supply after the macro event passes.
A downside surprise would give later easing expectations room to recover. Falling yields and a weaker dollar could help ETF demand extend the rebound, though current probabilities leave that as the lower-confidence branch before the report.
A split between headline and core inflation could produce the sharpest two-way trade. The first durable signal will be whether Fed probabilities, Treasury yields and the dollar move together
The second will be whether the next ETF flow confirms the move or exposes the $64,000 rebound as another short-covering pause.
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The U.S. Department of Justice [DOJ] plans to dismiss its criminal case against Matthew Goettsche, the alleged founder of the BitClub Network cryptocurrency investment scheme, Bloomberg Law reported. This could potentially bring one of the longest-running crypto fraud prosecutions to an end.
The reported move comes nearly seven years after federal prosecutors accused Goettsche and several co-defendants of operating a global cryptocurrency mining scheme that allegedly defrauded investors of at least $722 million.
While the DOJ is reportedly preparing to dismiss the case with prejudice, no dismissal motion had appeared on the public court docket at the time of writing.
Bloomberg Law reported that the DOJ has instructed prosecutors in New Jersey to dismiss the charges against Goettsche with prejudice. This means the case could not be refiled if the court approves the request.
The report also said Goettsche’s lawyers informed the court on July 8 that they had reached “an agreement in principle to resolve the pending charges.” A DOJ spokesperson told Bloomberg that the department routinely reviews long-running prosecutions and noted that the case has been pending for seven years.
The spokesperson also said the government is recovering a substantial amount for victims and denied that lobbying efforts influenced the decision.
Federal prosecutors unsealed the BitClub Network indictment in December 2019. It is alleged that Goettsche created and operated a fraudulent cryptocurrency mining investment scheme that collected at least $722 million from investors worldwide.
Prosecutors alleged that the defendants manipulated the mining earnings they displayed to investors while using new participant funds to sustain the operation.
The indictment also included internal messages in which prosecutors alleged members of the scheme discussed inflating mining figures.
They also referred to prospective investors using derogatory terms, arguing that the communications demonstrated knowledge that the business was operating fraudulently.
He agreed to plead guilty to conspiracy to commit money laundering and tax-related offenses arising from his role in laundering BitClub proceeds and assisting with false tax returns.
The reported move, therefore, appears limited to Goettsche’s prosecution rather than signaling the end of all enforcement actions stemming from the BitClub investigation.
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Spot bitcoin funds lost about $95 million on Thursday and ether funds roughly $52 million, ending the one bright spot in crypto's institutional flows even as prices rallied.
Bitcoin has broken above $64,000, rising more than 1% over the past 24 hours. The move has coincided with a sharp narrowing in the Coinbase Premium discount, which has improved from around negative 150 at the start of July to roughly negative 40.
The Coinbase Premium measures the price difference between bitcoin on Coinbase and Binance. A negative reading indicates bitcoin is trading at a discount on Coinbase, often suggesting relatively weaker US spot demand. As that discount has narrowed, bitcoin has rallied from around $58,000 to above $64,000.
U.S. spot bitcoin ETFs lost a net $95 million on Thursday, per SoSoValue data, while ether ETFs shed about $52 million, ending a five-day inflow run that had been the steadier side of the market.
Fidelity's FBTC drove the bitcoin outflow with roughly $63 million, followed by ARKB at about $40 million. BlackRock's IBIT was flat, neither adding nor losing money, and VanEck's HODL and Morgan Stanley's MSBT were the only funds in the green. Total bitcoin ETF assets sit near $77 billion.
Ether's reversal was broader. Fidelity's FETH lost about $34 million and BlackRock's ETHA roughly $13 million, with Bitwise and BlackRock's second fund also negative. No ether fund posted an inflow, and net assets held at about $9 billion.
The flows are lagging the tape. Bitcoin rose 3.5% on Friday to nearly $64,000 and is up 4.2% on the week, recovering everything it lost when Trump warned that strikes on Iran could intensify.
Ether added 2.6% to $1,760. The rally came out of Asia, where South Korea's Kospi jumped 4% on renewed AI-demand optimism and SK Hynix priced $26.5 billion of American depositary shares.
Institutional money has now sat out most of a month in which bitcoin has traded between roughly $59,000 and $66,000 without breaking either way.
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