Block Inc., a leading fintech company, is expanding its Bitcoin treasury while launching new initiatives that could change how people use digital money.
Block Holds Over $1 Billion in BTC
In Q2, Jack Dorsey’s Block Inc. boosted its Bitcoin holdings by 108 BTC. The latest buy increases Block’s total Bitcoin stash to 8,692 BTC, now valued at over $1 billion.
Block now joins the ranks of major public companies holding Bitcoin, ranking as the 13th largest corporate Bitcoin holder and following MicroStrategy’s playbook on Bitcoin adoption.
Q2 Earnings Beat Market Expectations
Block recently posted a strong Q2 earnings report with $6.05 billion in total revenue, and gross profit rising 8.2% to $2.54 billion. Notably, out of Block’s total revenue, $2.14 billion came from Bitcoin sales through Cash App.
The company outperformed Wall Street’s estimates and raised its full-year profit forecast to $10.17 billion, underscoring its strong growth trajectory.
Making Bitcoin ‘Everyday Money’
The company has taken several steps to integrate Bitcoin more deeply into its ecosystem:
Increased Bitcoin withdrawal limits on Cash App
Enabled Square sellers to accept BTC payments
Set to launch a proto-mining initiative next week aimed at “democratizing the mining ecosystem.”
Introduced BitKey, a self-custody wallet product
While Block saw a revaluation loss of $212 million on its Bitcoin holdings due to recent price drops, its long-term focus remains on making BTC spendable in everyday life.
On July 23, Block joined the S&P 500 index, which led to a 7% rise in its share price. This milestone reflects the company’s growing influence in both the tech and financial sectors.
CFO’s Vision for Bitcoin’s Future
In a recent interview with CNBC, Block’s CFO, Amrita Ahuja, said, “We think Bitcoin can be the open protocol that powers the internet” and believes that it can “move at the speed of the internet.” While many see Bitcoin as just ‘digital gold’, she says that it has the opportunity to move to currency.
With 8 million Cash App users trading Bitcoin, a billion-dollar BTC treasury, and new initiatives aimed at accessibility, Block is positioning itself at the forefront of Bitcoin adoption.
Block is leading the way in making Bitcoin a practical part of everyday life through innovation and wider accessibility.
Shiba Inu price continues its recovery this week. It has surged to $0.00001420, its highest level since March 27. It has jumped by 40% from its April 8 low and has formed a bullish pattern, pointing to more gains ahead. This article looks at whether SHIB price can surge and hit $0.0001 as competition from meme coins like Fartcoin and Pepe Coin rises.
The meme coin industry has gotten highly competitive this year. Most of this competition is coming from Solana meme coins like Fartcoin, whose price has surged by 455% from its March lows. However, Shiba Inu still holds a good place in the sector, and is one of the most popular players. Etherscan data shows that the number of SHIB holders has continued to rise and has just crossed a key milestone at 1.5 million.
SHIB has also taken several initiatives like launching Shibarium, a layer-2 network that has handled over 1 billion transactions. Most importantly, it is one of the top deflationary meme coins, a situation made possible by its daily token burns. It has incinerated over 411 trillion tokens, a trend that may keep going on as Shibarium gains steam.
These fundamentals mean that Shiba Inu price can jump by 600% and get to $0.0001 even as competition rises. This growth would bring its market cap to about $58 billion. Besides, in the past Dogecoin has hit that milestone before. Cardano also had a market valuation of $91 billion during its peak.
Two key things are clear. First, the growth of Fartcoin and Pepe Coin will not disrupt SHIB price surge. Historically, meme coins have tended to exhibit a close correlation. Second, the surge to $0.0001 will take time.
SHIB Price Forecast and Technical Analysis
The weekly chart reveals that Shiba Inu price forecast is bullish because it has formed a highly bullish pattern known as a double-bottom. Its lower side is at $0.000010, while the neckline is at $0.000035, which is about 137% higher than the current point.
The coin has also created a small double bottom whose neckline is at $0.00001565. Also, the Awesome Oscillator has pointed upwards and is about to cross the zero line for the first time since November last year. SHIB price jumped by double digits when the AO indicator crossed the zero line in November last year. This indicator shows momentum and is calculated by subtracting two simple moving averages of the median price.
Shiba Inu Price Chart
Therefore, the SHIB price is likely to experience a bullish breakout this year, reaching $0.0000033. Further gains in the Shiba Inu price above that level will lead to additional upside, potentially reaching last year’s high of $0.00004560. A drop below the year-to-date low of $0.00001077 will cancel the bullish SHIB prediction.
The crypto market is heating up again as Bitcoin ETFs recorded their second-biggest weekly haul ever, bringing in over $3.2 billion in fresh capital. This massive capital influx shows institutions are piling back into crypto, with BlackRock’s IBIT fund alone pulling in nearly $1.5 billion.
Bitcoin has climbed steadily to $95,000 amid this buying spree, delivering its strongest weekly performance since the post-election rally.
And it’s not just Blackrock’s ETF which is benefitting from Bitcoin’s brilliant performance of late, but ARK’s Bitcoin ETF (ARKB), which pulled in over $620 million, while Fidelity’s FBTC fund added some $574 million.
Above: CoinMarketCap
Given the volatility afflicting traditional financial markets right now, Bitcoin is proving remarkably resilient, reigniting conversations about whether it can behave somewhat like gold.
“Net spot ETF inflows, which are a barometer of institutional interest in Bitcoin, have ramped up,” Simon Peters of eToro told Bloomberg. “With gold at record highs, could investors also be seeing Bitcoin, dubbed as ‘digital-gold’ due to its similar scarcity characteristics, as a potential safe haven?”
ETF buying surge signals major market shift
Bitcoin’s current price will look extremely modest if institutional in-flows are maintained, which have exceeded the expectations of even bullish analysts. For example, Michael Saylor of Strategy predicts that BlackRock’s IBIT fund will be the largest ETF in the world in the next 10 years.
Social media analyst Willy Woo speculated whether this setup could propel Bitcoin towards an all-time high over the coming weeks and months.
BTC fundamentals have turned bullish, not a bad setup to break all time highs.
I took a break from X to enjoy the NZ summer but every week I put out a series of analysis to my subscribers (this is a hobby, NOT a long term project).
As Bitcoin rides this ETF wave higher, the smart money isn’t just heading into Bitcoin—it’s hunting for the next big winners that could deliver even more explosive gains.
With billions flooding into crypto, these three projects look like the best crypto to buy while Bitcoin ETFs drive this market-wide revival:
Bitcoin Pepe: Unlocking Bitcoin for meme traders
Bitcoin Pepe bridges two powerful forces in crypto—Bitcoin’s $2 trillion market cap and the explosive growth potential of meme coins. While Bitcoin ETFs push BTC higher, its slow transaction speed has kept it out of the viral meme market—a problem Bitcoin Pepe solves completely.
The PEP-20 token standard creates what traders call “Solana on Bitcoin”—combining institutional-grade security with the speed needed for meme trading. Think of it as connecting two massive but separate pools of capital.
At $0.031 in stage 9, BPEP represents early access to what could become the primary gateway between Bitcoin’s massive liquidity and the high-octane meme sector.
As ETF billions drive Bitcoin higher, Bitcoin Pepe stands ready to channel that momentum into the most dynamic corner of crypto.
CartelFi: Earning yield without selling memes
CartelFi fixes arguably meme coins’ greatest problem of all—they sit idle in wallets, generating zero returns while holders wait for major price action. Instead of forcing traders to sell their potential moonshots, CartelFi lets them earn substantial returns while keeping full price exposure.
Through specialized liquidity pools built specifically for viral tokens, meme holders can deposit their assets and start earning immediately. Meanwhile, up to 50% of all platform fees automatically buy and burn CARTFI tokens, creating steady buying pressure as users grow.
Priced at $0.0389, CARTFI stands out as the best crypto to buy for investors seeking both meme coin moons and consistent long-term yields. As this ETF-fueled rally brings fresh attention to crypto, platforms turning speculative assets into productive ones capture value from both worlds.
PepeX: Democratizing crypto innovation
PepeX eliminates the gatekeepers between ideas and funding. In a nutshell, the platform lets anyone launch a project as a tradable token in minutes, while its built-in AI marketing tools handle growth organically—something previously available only to well-connected founders.
What makes PepeX unique is its founder-friendly yet investor-protective system. The innovative token distribution grants just 5% to project creators while 95% goes to the community. This structure keeps founders honest and focused on long-term success rather than quick profits.
At $0.0243 after raising $1.6m, PEPX offers ownership in crypto’s answer to NASDAQ—the infrastructure powering the next generation of projects.
Why these three projects could outshine Bitcoin
The $3.2 billion ETF tsunami marks a turning point for crypto markets. While institutional money drives Bitcoin higher, the real opportunity for retail investors lies in projects solving fundamental problems in the cryptocurrency market.
Bitcoin Pepe capitalizes on the speed gap between Bitcoin’s security and meme trading needs. CartelFi transforms dormant meme holdings into yield-generating assets. PepeX breaks down barriers between innovators and funding sources. Each targets a specific friction point that becomes more valuable as the market expands.
These aren’t just random altcoins hoping to ride Bitcoin’s coattails. They’re infrastructure plays positioned exactly where fresh capital will need solutions.
For investors looking beyond the obvious Bitcoin ETF story, these projects represent the best crypto to buy during this exciting market transition.
The post Best Crypto to Buy Now as $3B Bitcoin ETF Boom Ignites appeared first on Coinpedia Fintech News
The crypto market is heating up again as Bitcoin ETFs recorded their second-biggest weekly haul ever, bringing in over $3.2 billion in fresh capital. This massive capital influx shows institutions are piling back into crypto, with BlackRock’s IBIT fund alone pulling in nearly $1.5 billion. Bitcoin has climbed steadily to $95,000 amid this buying spree, …
In the past 48-hours, Cardano price faced rejection at the channel’s upper border, coinciding with renewed trade pressures. As, Donald Trump’s announcement of a 50% tariff on the European Union, effective June 1, has reignited concerns.
Despite this looming threat, ADA’s price has remained stable, indicating that the market has adjusted to such sentiments, with investors showing less volatility. Some experts even suggest that ADA’s current consolidation pattern may lay a healthier foundation for a potential breakout toward the $1 range.
Additionally, this week, Messari released its Q1 report, highlighting some positive metrics despite Cardano’s financial challenges. The report indicates that the community remains resilient, focusing on long-term growth and stability. Keep reading to know more.
Analyst Says Cardano Price Aims $1
Cardano’s price has been caught in a lengthy consolidation phase within a falling channel, largely influenced by ongoing trade tensions between the U.S. and other countries. This trade climate pushed ADA price down to the $0.50 mark in April.
However, a turning point came in mid-April when ADA began to recover, climbing to the upper boundary of the channel and reaching $0.85 in May. This rebound was fueled by a decrease in trade tensions, particularly after the UK signed a significant deal.
However, recent tensions with EU resurfacing has left many investors worried, but knowing the threat ADA price has not fallen beneath key EMA’s, and until it doesn’t break key supports the bullish views remain intact.
More to its price, a deep analysis of this week has been at the center of attraction. According to technical analysis from Dan Gambardello, the Cardano price action displays a markedly different pattern compared to its previous bull market cycle.
He says, unlike the last cycle where ADA experienced a single dip after exiting the bear market before going parabolic, the current consolidation shows a more methodical approach with repeated pump and consolidate phases.
This extended consolidation period is a “coiling” effect. He feels that Cardano price could smash $1, if it meets all bullish conditions.
Gambardello notes that this coiling behavior is not limited to Cardano price. The extended sideways movement has allowed for healthier price support levels, in other altcoin’s too.
Additionally, Analyst Dan Gambardello uses Ethereum as a roadmap for altcoin performance. He noted that ETH is currently testing a multi-cycle trend line that has historical importance for the entire altcoin sector.
Ethereum breakout would cause an altcoin move. It would be a more favorable time for tokens like Cardano crypto that have consolidated and formed technical bases in this extended build-up phase.
Cardano’s Report By Messari: Total Stablecoin Market Cap & ADA’s Treasury Balance Increased
In a recent report, by Messari said that Cardano’s performance during Q1 2025 was tough. It revealed that its quarter was filled with challenges. As its native token, ADA price, took a hit, which led to a decline in its circulating market cap.
Despite these hurdles, Cardano still made significant strides in governance, like the activation of the Plomin Hard Fork was the biggest accomplishment.
Interestingly, the report further highlighted that, while the ADA price volatility affected its most of the market sentiment, but the commitment to staking still remained remarkably stable.
The stats showed that the total staked ADA saw only a slight decrease of 1%, settling at 21.6 billion ADA.
In contrast, some metrics performed exceptionally like the stablecoin market, messari said that it expanded by 30% to reach a market cap of $30.1 million. This increased was largely driven by the popularity of fiat-backed options like USDM, IUSD, USDA, and others.
Additionally, Cardano’s treasury balance showed resilience, increasing by 5% quarter-over-quarter to 1.7 billion ADA. However, the U.S. dollar value of the treasury took a hit, dropping 19% to approximately $1.1 billion.
Overall, while Cardano faced financial challenges, its governance advancements and stable staking commitment highlight the community’s ongoing dedication to the platform’s future.
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The post Cardano (ADA) Price Holds Ground Amid EU Tariff Threat, Analysts Eye $1 Breakout appeared first on Coinpedia Fintech News
In the past 48-hours, Cardano price faced rejection at the channel’s upper border, coinciding with renewed trade pressures. As, Donald Trump’s announcement of a 50% tariff on the European Union, effective June 1, has reignited concerns. Despite this looming threat, ADA’s price has remained stable, indicating that the market has adjusted to such sentiments, with …
“Bitcoin can be the open protocol that powers the internet.” –@AmritaAhuja , Block Inc. CFO pic.twitter.com/uG9hqLGRvU
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