Crypto Market Pulse π
- Coinbase Premium remains elevated, showing continued demand from U.S. institutions and investorsπ
- ETFs continue to accumulate both Bitcoin and Ethereum, further tightening available supply and reinforcing the trend of institutional adoptionπͺ
- Arizonaβs Bitcoin Reserve Bill has passed its final vote and now heads to the governorβs desk. If signed into law, this could mark the beginning of state-level BTC adoption in the U.S.πΊπΈ
- Strategy isnβt slowing downβthe firm added 15,355 $BTC for ~$1.42 billion, boosting its already massive stack and doubling down on its convictionπ₯
- In Brazil, ItaΓΊ, the countryβs largest bank, is backing a Strategy-style initiative called Oranje, which will begin with a $210 million Bitcoin allocation. This signals deepening global corporate interest in BTCπ€
- Ethereum Foundation announced plans for the Fusaka hard fork, expected in Q3/Q4. Apart from boosting transaction speed, the foundation revealed plans to increase real-world utility and strengthen Ethereumβs resilienceβa notable step forward as the network gears up for broader adoptionπ οΈ
- Despite all this activity, Google searches for "Bitcoin" have dropped to their lowest level since October 2024, according to Google Trends. Retail remains asleep while institutions are front-running the next moveπ