‘Circle is not for sale, ‘ the USDC stablecoin issuer has clarified amid the ongoing rumors of a Coinbase or Ripple buyout. While the crypto industry was recently abuzz with talks of a possible sale, the stablecoin firm has denied the report. Furthermore, it continue pursue its plans of an Initial Public Offering (IPO), and a possible listing on the New York Stock Exchange (NYSE) later this year. Circle Rejects $5 Billion Ripple Takeover Bid Previous reports suggested that blockchain firm Ripple offered $5 billion in a takeover bid for stablecoin firm Circle. However, during the negotiation process, the USDC issuer had denied the bid of $4-$5 billion from Ripple, stating that it was too low and insufficient. While Ripple reportedly remains interested in pursuing a deal, it has yet to decide on making a revised proposal. Meanwhile, the USDC issuer continues to prioritize its plans for an IPO. In… Read More at Coingape.com
After an aggressive Bitcoin (BTC) accumulation spree since the start of the year, MicroStrategy and Metaplanet have racked up impressive gains. Recent disclosures indicate that MicroStrategy’s BTC holdings have resulted in US dollar gains of 5.1 billion, while Metaplanet is sitting on a $191 million gain in 2025 alone.
MicroStrategy And Metaplanet Record Impressive BTC $ Gains In 2025
MicroStrategy and Metaplanet are sitting on unrealized gains from their Bitcoin holdings since the start of the year. According to MicroStrategy CEO Michael Saylor in an X post, the software company has racked up over $5.1 billion in BTC $ Gain from its treasury operations in 2025 alone.
On the other hand, Tokyo-based Metaplanet has earned its fair share of BTC $ Gain in the same window. Metaplanet executive Dylan LeClair disclosed on X that the firm’s treasury operations have netted an impressive BTC $ Gain of $191 million year-to-date.
“Year to date, Metaplanet treasury operations have generated a BTC $ Gain of 191 million,” said Dylan LeClair.
For Metaplanet, a large chunk of the BTC $ Gain came from its Q1 Bitcoin purchases, dwarfing all other previous quarters.
Both firms have adopted an aggressive stance toward Bitcoin purchases in recent months. MicroStrategy’s latest purchase of 6556 BTC brings its holdings to $538,000, while Metaplanet added 145 Bitcoin to reach the 5,000 BTC milestone.
To fund their bitcoin accumulation spree, both firms have turned to stock and bond issuances in recent months. Despite the spike in BTC $ gains, MicroStrategy and Metaplanet will face steep tax liabilities if they decide to cash in their new gains.
A Strong BTC Rally Sends Prices Above $95,000
The spike in Bitcoin dollar gains for MicroStrategy and Metaplanet follows a remarkable price performance for Bitcoin in 2025. Astute treasure operations of stacking BTC across several price corrections saw both firms scoop Bitcoins at a discount in Q1.
Bitcoin price nearing $100K has triggered paper gains for the MicroStrategy and Metaplanet with executives firming their resolve to continue BTC accumulation.
At the moment, Bitcoin is trading at $95,000 after an impressive run over the last week, garnering an 11% increase. Over 24 hours, BTC has gained a modest 1%, but a 48% decline in transaction volume may signal a price correction in the near future.
Several reasons are in play for the Bitcoin price rally, including China increasing its gold holdings by five tonnes. Other factors include multiple tests on lower support levels and wading in of heavy institutional investors to BTC amid macroeconomic uncertainties.
Bitcoin price enters a mild 1% on Wednesday April 30, with institutional inflows on the rise, BTC now eyes the $2 trillion market cap milestone.
Bitcoin price breaches $95,000 amid $1B inflows into BlackRock’s
Bitcoin ETF Bitcoin (BTC) surged to a local high of $95,400 on Tuesday April 29, as BlackRock’s iShares Bitcoin Trust (IBIT) recorded a historic $1 billion in daily net inflows.
This marks the largest single-day inflow since the ETF’s January launch and reflects unprecedented demand from institutional investors.
Bitcoin price action | Coingecko
According to data from Coingecko, BTC’s current market capitalization stands just under $1.9 trillion, with many analysts forecasting a breakout past the $2 trillion mark in Q2 if momentum persists.
Bitcoin ETF Flows | Farside
The $970 million inflow into IBIT on Monday, signals growing investor confidence in Bitcoin’s long-term role as a macro hedge and alternative asset.
Notably, Geoff Kendrick of Standard Chartered reiterated also his $120,000 BTC forecast by Q2 2025, citing expanding institutional adoption and macroeconomic fragility as key drivers.
In the long term, he sees the $140,000 mark as attainable if liquidity conditions improve. BlackRock’s dominant role in institutional onboarding has helped BTC become a core portfolio component across global asset managers.
As ETF inflows builds, market watchers expect more upward pressure on prices heading into the Q2, with BTC institutional demand coinciding with weak labor data published on Tuesday.
The crypto market’s bullish tilt aligns with deteriorating macro indicators that could open the door for a potential Fed rate cut.
On April 29, the U.S. Labor Department reported that March job openings fell to 7.2 million—well below the expected 7.5 million. This marks one of the lowest readings since 2021.
United States Job Openings (JOLTs) data, April 29 2025 | Source: TradingEconomics
Simultaneously, the Conference Board’s consumer confidence index dropped for the fifth straight month, hitting its lowest level since January 2021.
Historically, such weak US labor data often triggers Fed to intervene with expansionary monetary policies, which tend to favor risk-on assets like Bitcoin.
This pattern could repeat the increased money supply could propel Bitcoin price towards $120,000 as Standard Chartered analyst Geoff Kendrick predicts.
Looking ahead: What’s next for Bitcoin price in Q2 2025?
BlackRock’s $1 billion IBIT inflow on Monday may be the clearest signal yet that Bitcoin is maturing into a global institutional asset. Coupled with weakening U.S. macro data, Bitcoin price could be on the verge a breakout towards the $2 trillion market cap milestone.
With BTC price already trading above $94,000, it needs only a modest 5–6% push to reach the $2 trillion market cap milestone.
Should corporate investors continue pouring into capital ETFs in anticipation of a dovish Fed, Bitcoin price is likey to surpass the $120,000 price target in the coming week
While regulatory risks, and trade policy shocks still remain active, the unusual corporate inflows suggest’s Bitcoin next all-time high breakout could already be underway.
Bitcoin price is consolidating near $94,200 at press time after testing weekly highs at $95,500 following BlackRock’s $1 billion ETF inflow.
Technical indicators on the Bitcoin price forecast shows the upper Bollinger Band at $98,554, acting as short-term resistance. With BTC price holding well above the midline ($88,979), it reinforces a bullish narrative.
Bitcoin price forecast | Source: TradingView
Beyond that, the Relative Strength Index (RSI) at 65.59 suggests bullish momentum without veering into overbought territory, giving BTC room to push higher.
A decisive close above $95,000 could propel price toward $98,500 in the coming sessions, particularly if institutional inflows persist. Conversely, a break below the midline of the Bollinger Band could open a reversion toward $79,400, the lower band.
BloFin strengthens its position as a global leader in futures trading liquidity and slippage control, outperforming mid-tier competitors and matching the performance of top-tier exchanges.
BloFin Exchange has achieved a significant milestone in future market performance, establishing itself as a top-tier competitor in both liquidity and trade execution quality.
According to the latest official data collected via API monitoring from June 16 to June 19, 2025, BloFin’s futures market depth and slippage performance position the exchange alongside long-established industry leaders such as Binance, OKX, and Bybit, further solidifying its reputation among global futures market participants.
Tier-1 Futures Liquidity Achieved, with a Top-Two Global Ranking Across Depth Metrics
In cumulative futures depth at both the 0.1% and 0.05% price deviation levels, BloFin ranked firmly among the top three global exchanges. Its liquidity performance not only outpaced all mid-tier platforms but also closely matched or exceeded several tier-1 competitors.
At the 0.1% depth level, BloFin secured the second position in overall futures liquidity with a total cumulative depth of 92.6 million, surpassing OKX and coming in just behind Binance.
At the 0.05% depth level, BloFin maintained a strong second-place ranking with a cumulative depth of 46.1 million, outperforming both OKX and Binance under tighter market conditions.
These results demonstrate BloFin’s consistent capacity to support high-volume, low-slippage trading activity for institutional participants and large-volume retail users.
Whale-Grade Slippage Control Delivers Execution Quality on Par with Leading Exchanges
In addition to liquidity depth, BloFin exhibited robust trade execution metrics under stress-tested conditions. The exchange delivered highly competitive slippage rates for both BTC and ETH futures, alongside a wide range of over 15 actively traded altcoins, including SOL, XRP, DOGE, PEPE, ADA, and TRUMP.
BloFin’s slippage performance for major assets under two levels of simulated stress remained in line with top-tier platforms, confirming the exchange’s ability to maintain price stability and execution efficiency in volatile or high-demand trading environments. Notably, BloFin also offered lower slippages for trending, volatile altcoins — an area where many mid-tier competitors face significant execution gaps.
A New Global Contender Reshaping the Futures Trading Landscape
BloFin’s performance in this report affirms its standing as a rising leader in the global futures market. By delivering futures market depth and slippage control on par with tier-1 exchanges, BloFin strengthens its appeal to whales, institutional traders, and high-frequency participants seeking deep liquidity and reliable trade execution across both dominant and emerging digital assets.
As the exchange continues its expansion into key global markets and strategic event sponsorships, this achievement further enhances BloFin’s credibility as a serious futures market contender.
About BloFin
BloFin is a top-tier cryptocurrency exchange that specializes in futures trading. The platform offers 480+ USDT-M perpetual pairs, Coin-Margined Perpetual Contracts, spot trading, copy trading, API access, unified account management, and advanced sub-account solutions. Committed to security and compliance, BloFin integrates Fireblocks and Chainalysis to ensure robust asset protection. By partnering with top affiliates, BloFin delivers scalable trading solutions, efficient fund management, and enhanced flexibility for professional traders. As the constant sponsor of TOKEN2049, BloFin continues to expand its global presence, reinforcing its position as the place “WHERE WHALES ARE MAD
