In a landmark move for cryptocurrency adoption, S&P Global Ratings has assigned its first credit rating to a Bitcoin-backed company. The ‘B-‘ rating for Michael Saylor’s Strategy Inc marks Bitcoin’s formal entry into the global credit system. This development could unlock trillions in institutional capital previously barred from crypto exposure, fundamentally reshaping how traditional markets value digital assets.
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XRP Leveraged ETFs Surge, Reshaping Crypto Investment
Investor appetite for XRP is expanding beyond traditional spot holdings as leveraged exchange-traded funds gain significant traction, collectively managing over $500 million in assets. These regulated products are providing new avenues for amplified exposure while signaling a maturing market structure where derivatives complement spot accumulation, with XRP futures open interest reaching approximately $9 billion.
read moreLummis: Bitcoin Reserve Fundraising Stalled by Legislative Slog
Crypto-friendly Senator Cynthia Lummis has revealed that fundraising for a US Strategic Bitcoin Reserve could begin immediately, but legislative hurdles are creating significant delays. The Wyoming Republican confirmed that while President Trump has cleared the path for funding acquisition, congressional processes remain a bottleneck, with Lummis describing the legislative progress as a ‘slog’ despite executive branch support.
read moreJapan’s Consumer Slump Spurs Bitcoin Interest Amid BoJ Caution
Japan’s consumer index fell for the third straight month in May, signaling weakening household demand and raising concerns over economic recovery. The Bank of Japan (BoJ) may delay further monetary tightening, which could weaken the yen and drive investors toward Bitcoin as a hedge. Meanwhile, inflation continues to erode purchasing power, with durable goods spending fluctuating and non-durable goods declining. The services sector remains stable but shows signs of slowing. Bitcoin is gaining attention as Japanese firms like Metaplanet increase exposure, reflecting broader investor interest in crypto amid economic uncertainty.
read moreJapan’s Bitcoin Shift as Debt Pressures Mount
Japanese institutions are reportedly shifting funds into Bitcoin as domestic debt pressures mount, with rising bond yields and an upcoming Bank of Japan (BOJ) policy meeting potentially accelerating this trend. Jeff Park of Bitwise highlights Japan’s $1.1 trillion in foreign reserves and $8.7 trillion in pensions and insurance funds, noting that even a minor reallocation could impact global markets. The BOJ’s potential policy adjustments, including quantitative easing, may further drive Bitcoin demand, with analysts predicting prices could surge to $200,000 if global debt risks worsen. Japan’s influence in global credit markets could also encourage broader institutional adoption of Bitcoin as a reserve asset.
read moreTwenty One Capital Buys $458.7M in Bitcoin Ahead of Listing
Twenty One Capital purchased 4,812 Bitcoin (BTC) for approximately $458.7 million, as disclosed in an SEC filing. The acquisition, averaging $95,319.83 per BTC, was tied to a business combination with Cantor Equity Partners, a SPAC backed by Cantor Fitzgerald. The Bitcoin was initially held by Tether and will be transferred upon closing the PIPE financing, which includes $385 million in convertible notes and $200 million in equity. Proceeds are earmarked for further Bitcoin purchases, with an option to raise an additional $100 million. This move makes Twenty One the 17th-largest corporate Bitcoin holder globally. The firm, backed by Tether, Bitfinex, and SoftBank, aims to operate as a Bitcoin-native public entity, focusing on BTC ownership per share. It will trade under the ticker ‘XXI’ post-transaction.
read moreBessent Urges IMF Reform Amid Dollar Decline
U.S. Treasury Secretary Scott Bessent has urged the IMF and World Bank to address trade imbalances and protect fiat currencies from exchange rate risks, signaling potential shifts in the global monetary system. His comments coincide with the U.S. dollar’s decline to three-year lows and rising concerns over $36 trillion in national debt. Bessent also suggested stablecoins could bolster the dollar’s reserve status, while critics like Bitcoin advocate Max Keiser argue for gold-backed alternatives. The discussion reflects broader debates about the post-WWII financial order, with figures like Ray Dalio predicting a move away from dollar dominance. Meanwhile, Bitcoin is increasingly seen as a hedge against inflation and currency instability.
read moreBitwise Expands Crypto ETPs in London with BTC & ETH
Bitwise Investments has expanded its European footprint by listing four crypto ETPs on the London Stock Exchange, including Bitcoin and Ethereum-focused products. These offerings—BTCE, BTC1, ET32, and ZETH—cater to institutional investors with varying risk and exposure preferences. The launch follows Bitwise’s acquisition of ETC Group earlier in 2024 and aligns with its broader strategy to mainstream crypto investments. Additionally, Bitwise is advancing its ETF initiatives, including a proposed Ethereum ETF with staking rewards in the U.S. and actively managed ETFs tied to crypto-related stocks. The firm continues to solidify its position as a leader in institutional-grade crypto investment solutions.
read moreWhy Gen Z Prefers Bitcoin Over Traditional Retirement
Younger investors, particularly Gen Z, are embracing Bitcoin and other cryptocurrencies as their preferred investment vehicle, viewing volatility as a pathway to rapid financial growth rather than a deterrent. Surveys from Gemini and YouGov show over 51% of Gen Z globally owns crypto, with 33% in the U.S. allocating at least 5% of their portfolios to digital assets. Unlike older generations, Gen Z starts investing earlier—often at age 19—and favors crypto for its transparency and decentralization. However, risks remain, as many enter the market without full understanding, influenced by finfluencers and micro-investment apps. Despite warnings from regulators like the FCA, the trend reflects a broader shift toward fast, tech-driven, and risk-tolerant financial strategies.
read moreBitcoin More Likely to Outlast Dollar, Experts Say
Jeff Park, Head of Alpha Strategies at Bitwise Invest, suggests Bitcoin may have a greater probability of surviving longer than the dollar, citing recent liquidity stress in the bond market. A sharp dislocation in the SOFR-Fed Funds spread, now at -3.46 basis points, indicates collateral demand issues ahead of broader volatility. Hedge funds are deleveraging, Treasury yields are rising amid equity selloffs, and traditional safe havens like bonds are losing appeal. Spencer Hakimian notes a breakdown in the 10-year yield market, possibly due to leverage stress in the basis trade. Luke Broyles argues Bitcoin still outperforms equities and bonds despite recent volatility, especially as global trade tensions escalate with tariffs and supply chain disruptions.
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