Today, Belgravia Hartford Capital Inc. (CNSX: BLGV) has announced it has completed its fourth Bitcoin acquisition, purchasing 9.35 BTC for $1 million at an average price of $106,918 per Bitcoin. 

BLGV has purchased 9.35295508 BTC for a total of $1,000,000.00 at $106,918.08 per BTC⁰Total Holdings in the BTC treasury are now 15.74611987 BTC for $105,449.46 per coin for a total of $1,660,094.35 https://t.co/Zdz19YbCP8

— Belgravia Hartford (@BelgraviaBLGV) July 2, 2025

With this purchase, Belgravia’s total Bitcoin holdings now stand at 15.75 BTC, valued at approximately $1.66 million. The company’s average acquisition cost across all purchases is $105,449 per BTC. The…

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KBC Bank one of Belgium’s largest financial institutions is preparing to open crypto investment to its customers through its Bolero platform according to local outlet L’Echo. Bolero the online investment arm of KBC will roll out Bitcoin and Ether investment options later this year with regulatory approval expected by autumn. A KBC spokesperson confirmed that investors will be able to buy Bitcoin and Ether directly in a secure environment with a focus on education security and regulatory compliance.

The move would make KBC the first major Belgian bank to offer retail crypto services according to the report. Currently most Belgian customers rely on foreign platforms like Binance Coinbase and OKX or fintech apps such as Revolut and N26 to trade cryptocurrencies.

European banks have been moving deeper into crypto with Deutsche Bank and Sparkassen-Finanzgruppe in Germany also reportedly planning to launch their own crypto services in coming months. This trend shows growing confidence in crypto as a legitimate investment class supported by strong interest from retail clients seeking secure regulated options.

 Report

A group of tech billionaires led by Palmer Luckey, co-founder of military contractor Anduril, are launching a U.S. bank named Erebor to serve startups, including Bitcoin and other crypto businesses, according to a Financial Times report.

The bank would be backed by tech investors including the Founder of Venture Capital Firm 8VC Joe Lonsdale, and the co-founder of Defence Group Palantir Peter Thiel’s, according to people familiar with the matter.

Erebor will be run by the CEO of Aer Compliance Owen Rapaport and co-CEOs Jacob Hirshman, who previously worked as an adviser at Circle, and the co-founder. The senior executive vice-president at New Jersey-based Valley National Bank…

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Thesis*, a Bitcoin-focused venture studio, announced its acquisition of Lolli, a bitcoin rewards platform, in a move to integrate it with its broader ecosystem of companies such as Fold, Mezo, and tBTC.

The announcement outlines plans to enhance consumer Bitcoin experiences through expanded rewards and new partnerships.

Lolli, founded in 2018 claims to have rewarded over 600,000 users with more than $20 million in bitcoin through shopping at 50,000+ stores and playing 1,000+ mobile games. Lolli’s platform is designed to make Bitcoin accessible by offering cashback and rewards for everyday activities. Thesis*, operating since 2014, has built Bitcoin-native projects like Fold,…

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Standard Chartered has issued a bullish forecast for Bitcoin, expecting the leading cryptocurrency to reach $135,000 by the end of Q3 and soar past $200,000 by year-end. The bank cites strong corporate treasury buying and steady inflows into Bitcoin exchange-traded funds (ETFs) as key drivers. Geoff Kendrick, head of digital asset research, says these forces have pushed Bitcoin beyond its usual post-halving price drop pattern.

The report argues Bitcoin’s halving cycle no longer holds the same power as before, thanks to robust ETF demand and corporate accumulation. Previous halvings in 2016 and 2020 led to price declines 18 months after the event, but Kendrick suggests this time will be different. Standard Chartered even predicts Bitcoin could hit $500,000 by 2028.

According to SoSoValue, US spot Bitcoin ETFs saw $342.3 million in outflows on Tuesday after 15 straight days of inflows totaling $4.8 billion. Kendrick expects ETF and treasury purchases to surpass 245,000 BTC in both Q3 and Q4.

Binance CEO Richard Teng says cryptocurrency could help advance Bhutan’s Gross National Happiness philosophy. Speaking during a visit to Bhutan for the Binance Crypto-Powered Tour Teng explained that crypto values like financial freedom and inclusion support the well-being focus of Bhutan’s unique development model. Teng believes crypto can empower people with tools for financial independence especially in underbanked regions aligning with Bhutan’s spiritual and emotional well-being goals.

Bhutan has been quietly building its crypto strategy under King Jigme Khesar Namgyel Wangchuck’s guidance. The Himalayan kingdom now holds over 13,000 BTC ranking it the fifth largest Bitcoin-holding nation according to Bitbo data. Projects like crypto reserves and the rollout of Binance-powered payments aim to attract foreign investment and boost tourism while supporting Bhutan’s happiness-driven policies.

Bhutanese citizens recently attended a Binance-backed panel to learn about crypto payments showing growing local interest. Teng said the Bhutanese are believers in innovation and he expects crypto adoption to uplift the kingdom and keep happiness levels high as the country embraces digital asset technology.