Daily News: Bitwise Predicts $300 Billion Institutional Bitcoin Inflow, Strategy Acquires Additional 4,020 Bitcoin, X Money Launching Soon, and More

European Union Accelerates Tariff Negotiations with the United States

EU plans to accelerate trade talks with the United States. “There’s now a new impetus for the negotiations, They agreed both to fast track the trade negotiations and to stay in close contact,” said Paula Pinho, a spokesperson for the European Commission, told reporters on Monday. Following the call, Trump postponed the previously scheduled 50% tariff on EU goods by over a month to July 9, allowing more time for talks. "she said she wants to get down to serious negotiation," Trump told reporters before boarding Air Force One in Morristown, New Jersey. "And I agreed to do that," he added.

Bitwise Forecasts $300 Billion Bitcoin Investment Surge Driven by Three Major Engines

Bitwise analysts predict an explosive growth in Bitcoin investments in their recent report, Forecasting Institutional Flows to Bitcoin in 2025-2026. There could be three emerging forces: institutional investors, public companies, and national governments. The report estimates institutional investments could reach $120 billion by the end of 2025 and surpass $300 billion by 2026. Since the launch of spot Bitcoin ETFs in 2024, investor profiles have shifted significantly, with total crypto ETF investments reaching an all-time high of $188 billion as of May 2025. Major wealth management platforms such as JPMorgan and Goldman Sachs are projected to allocate between $60 billion and $600 billion into Bitcoin. Additionally, if governments shift just 1% of their gold reserves into BTC, it could drive over $32 billion in demand. Pro-crypto legislation in the U.S. could further prompt state-level investments up to $45 billion.

Forbes: Trump’s Net Worth Hits Record High of $5.1 Billion

According to a Forbes March report, Donald Trump’s net worth has reached a record $5.1 billion—up $1.2 billion from the previous year. Breakdown of Trump’s assets:

• Trump Media & Technology Group (parent company of Truth Social): $2.6 billion

• Real Estate Investments: $1.1 billion

• Golf Clubs and Resorts: $1.1 billion

• Liquid Assets: $770 million

Trump Media Denies $3 Billion Crypto Investment Rumors

Trump Media & Technology Group (NASDAQ:DJT) (TMTG) on Monday denied an FT report claiming the company plans to raise $3 billion to invest in cryptocurrencies like Bitcoin. “Apparently the Financial Times has dumb writers listening to even dumber sources,” TMTG said in a statement.

Circle Denies Rumors of Acquisition Talks with Coinbase or Ripple

Stablecoin issuer Circle has refuted reports suggesting it is in informal talks to sell itself to Ripple Labs or Coinbase for a $5 billion valuation. Speaking to The Crypto Basic, a Circle spokesperson confirmed the company has no plans to sell and remains focused on its long-term strategic goals.

Alpaca Finance Announces Gradual Shutdown of All Products and Services

Alpaca Finance has officially announced it will begin a phased shutdown of all its products and services. According to its announcement, this decision was made after deep internal discussions and comprehensive evaluations to ensure community interests are preserved and the exit is conducted safely. Binance recently delisted the ALPACA token.

Binance Lists Huma Finance (HUMA)

Huma Finance (HUMA) has been listed on Binance Alpha according to Binance official announcement.

YZi Labs Invests in Avalon Labs to Boost Bitcoin Financial Ecosystem

YZi Labs has announced a strategic investment in Avalon Labs, a firm building an on-chain capital market powered by Bitcoin. Avalon offers services such as USDa (a Bitcoin-backed stablecoin), lending, yield accounts, and credit cards—aiming to transition Bitcoin from a store of value to a functional financial asset. Avalon’s ecosystem has over $500 million in total value locked, supports more than 20,000 BTC and 300,000 active users. USDa is now the second-largest CDP in DeFiLlama. The funding will support regulatory compliance and institutional lending initiatives.

Strategy Acquires Additional 4,020 BTC for $427.1 Million, Holding Exceeds 580,000

Michael Saylor-led Strategy disclosed a new purchase of 4,020 Bitcoin for approximately $427.1 million, at an average price of $106,237 per BTC. Year-to-date, the company's BTC investments have generated an annualized return of 16.8%. MicroStrategy now holds 580,250 BTC in total, with a cumulative investment of $40.61 billion and an average cost basis of $69,979 per BTC.

The Blockchain Group Issues €63.3 Million in Convertible Bonds, 95% for BTC Reserves

The Blockchain Group, a publicly listed European company, has issued three tranches of convertible bonds via its Luxembourg-based subsidiary totaling €63.3 million. 95% of the funds will be used to purchase and hold Bitcoin, while 5% will go towards operational costs and management fees. This funding could enable the company to acquire approximately 590 additional BTC, potentially increasing its total holdings to 1,437 BTC. The initiative is part of the company’s ongoing Bitcoin treasury strategy.

Musk Confirms “X Money” Banking and Payment Services Coming Soon to X Platform

Elon Musk has confirmed that the social media platform X will soon launch a new banking and payments feature called “X Money”. The move aims to transform X into an “everything app”. "This will be a very limited access beta at first, When people’s saving are involved, extreme care must be taken," Musk replied on X.