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Corporates Stack BTC and and Bitcoin Adoption Outpaces the Internet | Bitcoin.com Weekly Update
The battle for financial sovereignty is heating up! Institutions and governments are making bold moves in the crypto space. Here’s what’s happening this week:
- Bitcoin adoption could reach billions – Coinbase CEO Brian Armstrong says Bitcoin is outpacing the internet in adoption, with ETFs expected to hit $250B.
- Tesla confirms 11,509 BTC holdings – New SEC filings show Tesla’s Bitcoin is now worth $1.1B, despite past sales.
- El Salvador keeps stacking BTC – Despite IMF pressure, the country continues to buy Bitcoin, reaffirming its commitment.
- Brazil expands crypto investments – The country’s largest stock exchange is adding Solana and Ethereum futures.
- Cardano ETF proposal filed – Grayscale and NYSE Arca push for an ADA-based ETF.
- Litecoin ETF approval odds hit 90% – Analysts say LTC is the next likely crypto ETF.
- BlackRock launching Bitcoin ETP in Europe – The asset giant is expanding its crypto presence globally.
- MicroStrategy resumes buying Bitcoin – With 478,740 BTC, the company remains the largest corporate Bitcoin holder.
- Metaplanet’s BTC strategy pays off – The firm’s stock soared 3,600% after its Bitcoin pivot.
- Uniswap launches Unichain Mainnet – A new Ethereum Layer 2 designed to slash gas fees and boost DeFi efficiency.
With crypto adoption accelerating, are we on the verge of another Bitcoin boom? Let us know your thoughts in the comments!
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