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BlackRock XRP purchase speculation has been reaching new heights after on-chain data revealed some pretty massive XRP movements from Coinbase cold storage wallets. The world’s largest asset manager actually uses Coinbase for XRP custody through its Aladdin platform, and this has been fueling BlackRock Coinbase Ripple XRP Bitcoin discussions across the cryptocurrency market. With around 16.5 million XRP moved recently, investors are questioning whether this BlackRock XRP purchase represents institutional positioning ahead of potential ETF filings. Also Read: Ripple Expands RLUSD to Africa as BlackRock Joins Swell 2025 XRP BlackRock Moves Raise Investor Interest Amid Crypto Market Shifts Source: InsideBitcoins Coinbase Cold Wallet Data Reveals Major Custody Changes Coinbase’s XRP cold wallet count has dropped from 52 to just 7 wallets over three months. Even more, 16.5 million XRP was moved in the past 24 hours alone. This BlackRock XRP purchase speculation intensified as on-c...

Addentax‘s Bitcoin purchase has reached $1.3 billion as the Chinese textile manufacturer enters a non-binding term sheet to acquire up to 12,000 Bitcoin. This represents a 50% increase from the company’s original 8,000 BTC target announced in May 2025, and also marks one of the largest corporate Bitcoin institutional investment moves in recent months. LATEST: China’s textile company Addentax Group enters a $1.3 billion term sheet to acquire up to 12,000 $BTC, increasing from their originally discussed 8,000 $BTC. pic.twitter.com/LSLFONqGAw — Cointelegraph (@Cointelegraph) July 3, 2025 Also Read: BlackRock’s Bitcoin ETF Brings More Revenue than S&P 500 Fund Addentax Bitcoin Purchase Sparks Institutional Interest Amid Market Volatility Risks Source: addentax.com The Addentax Bitcoin purchase demonstrates how traditional companies are, right now, embracing cryptocurrency as a strategic asset. Addentax Group Corp. (NASDAQ: ATXG) has structured this Bitcoin acquisition deal...

A closely followed crypto analyst says that once a key Bitcoin (BTC) metric reverses, altcoins may print explosive rallies. Crypto trader Rekt Capital tells his 549,600 followers on the social media platform X that the Bitcoin dominance (BTC.D) metric may enter a downward phase after hitting a historic peak level, setting the stage for alts to outperform the flagship crypto asset. “BTC dominance: if history repeats, the real altseason everybody is waiting for would begin once Bitcoin dominance rejects from 71% (red).” Source: Rekt Capital/X BTC.D is a metric that calculates how much of the crypto market cap belongs to Bitcoin. A bearish BTC.D chart indicates that altcoins are printing gains faster than BTC. The analyst also says BTC.D may not hit exactly 71% before reversing, but somewhere within that area. “There really is no point in arguing about whether BTC.D will ultimately top out at 71% or at 69% or at 67%. The majority of the Bitcoin do...

Following the Blackrock application, a Bitcoin spot ETF was never so close to being approved and it could be a game changer for the crypto industry, explains ETF analyst Eric Balchunas. $30 trillion worth of capital could suddenly unlock for the Bitcoin market if a Bitcoin spot ETF is approved by the U.S. Securities and Exchange Commission, according to Bloomberg ETF analyst Eric Balchunas.  That is the estimated amount of assets controlled by financial advisors in the U.S., who would be willing to get exposure to Bitcoin through a regulated exchange-traded fund.   "ETF is the format in which the boomers and the financial advisors prefer their investments delivered in”, Balchunas explained in an exclusive Cointelegraph interview.  Blackrock's application for a Bitcoin spot ETF last month sparked a new wave of optimism around the crypto market which led other major firms such as ARK Investment, Valkyrie, and Fidelity to file their own applications for a Bitcoin ETF.  The ...