SBI Holdings eyes stake in crypto exchange Bitbank to build digital asset powerhouse
The Tokyo-based broker is betting big on crypto with plans in Singapore and a Visa partnership for bank cards that allows users to accumulate digital assets....
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Bitcoin Closes April Up 12% as Strategy's MSTR Posts First Positive Month Since July
Bitcoin surged 12% in April, closing at $77,408, marking strong momentum as MicroStrategy's Bitcoin strategy posted its first positive month since July. The rally reflects growing institutional confidence and demand, with BTC maintaining strength above critical support levels. Ethereum and altcoins showed mixed performance. For Indian investors, rising Bitcoin dominance signals potential shift from altcoin gains toward Bitcoin accumulation during institutional buying phases.
Institutional demand to drive bitcoin market cap to $16 trillion by 2030: Ark Invest
Ark Invest projects bitcoin's market cap will surge to $16 trillion by 2030, driven by institutional adoption via ETFs, corporate treasuries, and sovereign holdings. The forecast implies bitcoin could reach $730,000 per coin, capturing roughly 40% of gold's market value as "digital gold." Institutional ownership of bitcoin already stands at 12% of total supply, signaling mainstream acceptance.