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The bitcoin price is coming off its worst week since February, sliding more than 30% from last month’s highs and reopening an old question for investors: why is this happening now? According to Deutsche Bank, the sell-off isn’t driven by a single catalyst but a combination of market psychology, macro pressure, and shifting investor behavior.
The bank points first to a broader risk-off mood. Bitcoin is behaving less like an independent monetary asset and more like an extended-duration tech stock — moving closely with the Nasdaq-100 as investors de-risk across the board. That correlation has tightened as macro uncertainty rises.
The second driver is the Federal Reserve….
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Major Japanese wealth managers are gearing up to launch the nation’s first crypto-based investment trusts as regulators signal a major shift toward pro-crypto reform. Firms including Daiwa Asset Management, Asset Management One, Amova Asset Management, Mitsubishi UFJ Asset Management, and SBI Global Asset Management confirmed they are exploring new crypto investment products.
Momentum is rising as the Financial Services Agency weighs reclassifying digital assets under the Financial Instruments and Exchange Act, a move that would treat crypto like traditional financial products. The reform package, expected to be finalized in the 2026 parliamentary session, could lower crypto taxes to a flat 20% and open the door to crypto-focused investment trusts for retail and institutional investors. SBI Global Asset Management also revealed plans for bitcoin and ether ETFs, targeting roughly 5 trillion yen ($32 billion) in managed assets within three years.
Japan’s broader regulatory push includes stricter custody rules and growing support for stablecoins. Policymakers have backed a multi-bank yen-stablecoin initiative, underscoring Tokyo’s commitment to integrating digital assets into its long-term financial infrastructure.
NYSE Arca has approved the listing of Franklin Templeton’s highly anticipated XRP exchange-traded fund and officially certified the decision to the SEC, signaling that the product is close to launching. The move confirms that the fund has met all necessary exchange standards as it prepares to enter the U.S. crypto-ETF market.
Franklin Templeton’s filing shows the ETF, named the Franklin XRP Trust, will trade under the ticker XRPZ and carry a modest annual sponsor fee of 0.19%. To attract early investors, the sponsor will waive the fee entirely on the first $5 billion in assets until May 31, 2026, marking one of the most aggressive fee-reduction strategies in newly launched crypto ETFs.
The asset manager is set to join a growing wave of firms rolling out regulated XRP investment products. Earlier this month, Canary Capital and Bitwise Asset Management launched their spot XRP ETFs, while Grayscale is preparing to debut both its spot XRP and Dogecoin ETFs tomorrow following its final regulatory approval.
Key Takeaways
Kiyosaki sold 25 BTC to reinvest profits into cash-flowing businesses.
New purchases are set to generate $27.5K in monthly tax-free income.
Despite the sale, he remains bullish on Bitcoin and plans to buy more with future cash flow.
Robert Kiyosaki, the famous author, has sold $2.25 million worth of his bitcoin stash. However, he did not sell because he stopped believing in Bitcoin. Instead, he wanted to use the profits to buy businesses that would give him a steady monthly income.
Kiyosaki explained that he sold around 25 BTC for about $90,000 each. He originally bought them “years ago” for about $6,000 per coin. This means he made a very…
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Billionaire tech innovator Jack Dorsey is making a bold push to turn Bitcoin into a daily spending tool, not just a long-term investment. His mission centers on making Bitcoin as simple and practical as cash, urging regulators to allow small Bitcoin payments to be tax-free so people can buy coffee, groceries, or pay bills without complexity.
Block, Dorsey’s company, is rolling out powerful tools to speed up adoption. More than 4 million businesses using Block’s systems will soon be able to accept Bitcoin directly. Cash App is also enabling instant, low-cost Bitcoin transfers through the Lightning Network, designed to fix Bitcoin’s slow and costly transactions and make crypto payments nearly instant.
Dorsey believes Bitcoin’s future depends on real-world use, not speculation. While challenges remain—such as tax laws, price swings, and Lightning Network expansion—he remains committed. His vision could reshape payment systems worldwide, giving merchants lower fees and users a decentralized way to move money.
Major momentum hit the crypto market as the New York Stock Exchange officially approved the listing of Grayscale’s Dogecoin (GDOG) and XRP (GXRP) exchange-traded funds. Both ETFs are set to debut Monday, giving U.S. investors direct, regulated access to two of the most popular digital assets. Bloomberg analyst Eric Balchunas highlighted the approvals, noting that Grayscale’s Chainlink ETF (GLNK) is expected to follow next week.
Crypto traders are watching closely as Grayscale converts its long-running Dogecoin Trust into a fully tradable ETF tracking DOGE’s spot price. Analysts estimate the Dogecoin ETF could pull in roughly $11 million in first-day volume. XRP is also stepping into the spotlight, launching alongside a wave of rival products from firms including Franklin Templeton and WisdomTree.
Market competition is heating up fast, with multiple XRP ETFs already live after the SEC relaxed its grip on crypto listings. Canary Capital’s XRPC drew over $250 million on day one, while Bitwise, 21Shares and CoinShares rolled out their own offerings—signaling accelerating institutional confidence in digital assets.
