Bitcoin ATM surge in US: October 2025 adoption momentum

On October 31, 2025, Finbold Research, using data from CoinATMRadar, reported that the global Bitcoin ATM network reached its highest level since December 2022. According to Finbold’s analysis, there were an estimated 39,586 active Bitcoin ATMs worldwide at the end of October 2025. This figure marks a significant milestone, approaching the previous peak of 39,989 Bitcoin ATMs recorded in December 2022.

October 2025 saw a net gain of 422 new Bitcoin ATMs, following 80 new machines added in September 2025. This represents a month-on-month increase of 27.5%. Year-to-date, the total number of Bitcoin ATMs rose from 37,643 at the end of 2024 to 39,586 by late October 2025—an addition of 1,943 new machines throughout the year.

The surge in installations indicates a strong recovery for the network, driven by robust growth in October and steady deployments throughout the year.

### Regional Adoption Insights

North America continues to dominate Bitcoin ATM installations, accounting for over 83% of global units. The CoinATMRadar dataset highlights that in October 2025, the United States added 360 new ATMs, bringing its total to 31,037. Canada contributed 44 new machines during the same period.

In contrast, Europe experienced modest growth with eight new Bitcoin ATMs added in October, reaching a total of 1,769. Australia also saw an increase, installing 33 new ATMs.

### Operator Activity and Future Outlook

Operators remain focused on partnering with high-footfall retail locations and convenience stores. This strategy helps explain the concentrated density of Bitcoin ATMs in well-established markets, such as North America, and the more gradual rollout observed in emerging regions like Latin America and Southeast Asia.

Finbold notes that the estimated 39,586 active Bitcoin ATMs worldwide reflect both new placements and ongoing replacement cycles, signaling sustained interest and confidence in the Bitcoin ATM market.

As operator activity continues to prioritize strategic locations, we can expect continued growth in key regions and expansion into new markets, shaping the future landscape of Bitcoin adoption globally.
https://bitcoinethereumnews.com/bitcoin/bitcoin-atm-surge-in-us-october-2025-adoption-momentum/?utm_source=rss&utm_medium=rss&utm_campaign=bitcoin-atm-surge-in-us-october-2025-adoption-momentum

Baby With Cancer Meets Hospital’s Therapy Dog—His Reaction Says It All

A toddler diagnosed with a rare liver cancer has melted hearts across the internet after meeting a hospital therapy dog for the first time.

Ambra Frank, Asher’s mother, shared a touching clip on TikTok (@ambrafrank) showing little Asher sitting on his father Nicholas’s lap. Asher gently guides his father’s hand to pet the therapy dog, and the moment their hands make contact, his face lights up with pure joy. He even kicks his legs excitedly, capturing a beautiful first interaction.

Asher was diagnosed in November 2024 with hepatoblastoma, a rare form of liver cancer that affects very few children each year. His symptoms had included a swollen belly, nausea, and fatigue.

“Hearing his diagnosis brought heartache I couldn’t ever fully explain,” Ambra told Newsweek. “The world around me felt at a standstill, and every day felt like just trying to stay above the waves crashing down on me. Every day felt like an endless replay of what I could’ve done sooner as his mom, as if I could’ve rewritten the future myself.”

In the months following the diagnosis, Asher endured multiple rounds of chemotherapy, scans, and procedures. “He was so sad and in pain,” Ambra shared.

Then, a furry friend arrived.

Ambra was curious to see how her son would react to the therapy dog — but nothing could have prepared her for the look on his face. “The day the therapy dog came in, Asher immediately lit up with joy and excitement,” she recalled. “I cried seeing his joy because for days he was so sad. It broke my heart. I’ll never forget that moment and the joy it brought to our family.”

The hospital therapy dogs quickly became cherished companions during Asher’s hospital stays, providing comfort during a challenging time. “The hospital therapy dogs will forever hold a special place in our hearts,” Ambra wrote in her TikTok caption. “He looked forward to collecting all of their cards with their pictures.”

The heartfelt clip has been viewed over 604,000 times, with hundreds of users leaving messages of support and well-wishes for Asher, who is about to turn 2 years old.

“Thank you for sharing all the beautiful and incredibly heartwarming moments,” one user commented. Another added, “The way he lit up.” Many others expressed eagerness for updates on Asher’s cancer journey.

This powerful story highlights the profound impact therapy animals can have on children facing serious illnesses — bringing moments of joy and comfort when they are needed most.
https://www.newsweek.com/baby-cancer-meets-hospital-therapy-dog-reaction-10950487

Defense of Kamehameha admissions policy tied to history

With a new lawsuit against Kamehameha Schools, many Native Hawaiians see the challenge to its admissions policies as a matter of history and sovereignty.

Established with a bequest from a Hawaiian princess in 1887, Kamehameha is among the most elite private educational institutions in Hawaii. Its central mission—to serve Native Hawaiians—has remained intact for decades. That vision has long been realized through its admissions policy. While anyone can apply to attend Kamehameha’s elementary, middle, and high schools, preference is given to students who can prove some Hawaiian ancestry. As a result, almost all students attending Kamehameha are Native Hawaiians.

Students for Fair Admissions, the group that successfully sued to end affirmative action in college admissions, last month filed a lawsuit in federal court arguing that the admissions policy violates a federal civil rights law prohibiting discrimination in contracts— in this case, admission contracts at a private school.

Kamehameha said it was prepared for the challenge. “We are resolved to vigorously defend our admissions policy,” the school said in a statement after the suit was filed. “The facts and the law are on our side, and we are confident that we will prevail.”

The lawsuit, they say, is a frontal assault on the bequest of Princess Bernice Pauahi Bishop and yet another attempt by outsiders to snatch away resources devoted to uplifting the Hawaiian people. They also point out that the school, with a $15 billion endowment larger than some Ivy League universities, takes no federal funding.

“It’s not a question of denial of opportunities; it’s a question of sovereignty over our own resources,” said Jon Osorio, dean of the Hawai‘inui‘kea School of Hawaiian Knowledge at the University of Hawaii and a Kamehameha alumnus.

Kamehameha is so distinct in its history, admissions policy, and funding structure that any court decision invalidating its policy is unlikely to directly affect other schools, some legal experts say. But the challenge reflects a broader shift in much of the country’s view of racial minorities, especially as the Trump administration tries to choke off immigration and dismantle diversity programs across public life.

“We are in the midst of what I would regard as an era of racial revanchism,” said Justin Driver, a law professor at Yale University and the author of “The Fall of Affirmative Action.”

Kamehameha’s founder, Pauahi, was the last direct descendant of Kamehameha I, the 18th-century king who unified the Hawaiian Islands. When she died in 1884, her will bequeathed some 375,000 acres to establish the schools. At the time, Hawaii was an independent kingdom, but diseases from the West were devastating its population.

A few years later, the monarchy was overthrown by Western businesspeople, and for generations onward, Hawaiian culture and language were actively suppressed. Today, Native Hawaiians still face significant health, economic, and educational disparities. Many have moved to the mainland because of soaring living costs.

Census data released in 2024 showed that for the first time, more Native Hawaiians were living outside Hawaii than in the state.

Concerns about a lawsuit had been growing in Hawaii since Students for Fair Admissions started a website before filing the lawsuit, seeking plaintiffs to challenge Kamehameha’s admissions policy. A petition had gathered more than 30,000 signatures. Politicians, including some of the state’s Republican lawmakers, had also criticized the group.

“At the college level, we agree with what they’re going after,” Brenton Awa, a Republican state senator, said in an interview before the lawsuit was filed. “But we’re talking about a princess’s will, and this will was set up to restore something that had been taken away from Native Hawaiians.”

Even among Native Hawaiians, admission to Kamehameha is competitive. The school, with 5,400 students across its campuses on Oahu, Maui, and the Big Island, accepts only 1 in 5 high school applicants. More than 60% of its students receive financial aid or come from “orphaned or indigent circumstances,” according to the school.

Michelle Kamali‘i-Ligsay, the daughter of a retail store manager and a public school aide, attended the Oahu school in the late 1990s. She received opportunities, scholarships, and alumni networks unavailable at her public school. But more importantly, she said, by the time she graduated, she was nearly fluent in Hawaiian — a rare accomplishment at a time when Hawaiian language classes were not widely available.

Now the principal of Kamehameha’s elementary program on Maui, she personally believes these benefits should be preserved for her people.

“Giving other people those opportunities,” she said, “is going to lessen that opportunity” for Native Hawaiians.

Applicants claiming Native Hawaiian status must undergo a rigorous verification process to prove their ancestry. Even so, Kamehameha’s student body — like Hawaii more broadly — is remarkably racially diverse. While the school does not release official demographic figures, an IRS review found that in 1998, 78% of the students were part Caucasian; 74% were part Chinese; 28% were part Japanese; and 23% were of other ancestries, including African American, Arab, Brazilian, Indian, Native Alaskan, and Native American.

What binds students together is their Hawaiian ancestry, however distant.

Eassie Miller, 43, who identifies as Hawaiian but also has Japanese, Filipino, English, German, and Spanish ancestry, still remembers the day he learned he was accepted to Kamehameha as the best moment in his life.

“Knowing that Princess Pauahi Bishop set up this trust and had this vision in mind for her people, you just wanted to be there as a Hawaiian kid,” said Miller, who now works in construction management on Maui.

Kamehameha had tried to inoculate itself from legal challenges. In the early 2000s, it severed all remaining ties to federally supported programs like JROTC. (Concerns remain that Kamehameha could lose its tax-exempt status, which happened to Bob Jones University in the 1970s because of its ban on interracial dating.)

It also enrolled at least a few non-Native Hawaiian students despite protests. It is unclear, though, whether non-Native Hawaiians are regularly accepted. When asked to clarify, Sterling Wong, a spokesperson for Kamehameha, reiterated the school’s preferential policy.

In its complaint, Students for Fair Admissions said it represented two anonymous non-Native Hawaiian families in Hawaii—Family A and Family B—who say they would apply to Kamehameha if the school did not restrict admission.

Before the Supreme Court’s 2023 decision banning affirmative action, lower courts had upheld Kamehameha’s admissions policy.

In 2006, a federal appeals court ruled that Kamehameha could maintain its preferential policy because of what it said were unique factors, including the history of Hawaii, the plight of Native Hawaiians, and the schools’ distinctively remedial mission.

Lawyers for Kamehameha had also argued that Native Hawaiians, as an Indigenous people with a political relationship with the U.S. government similar to Native Americans, constituted a political classification, not just a racial one.

In the complaint, Students for Fair Admissions argues that Kamehameha’s policy is not a valid remedial plan because it does not try to remedy a specific instance of past illegal discrimination. The group also argues that the policy is unconstitutional because Kamehameha has not suggested a logical end point, nor has it demonstrated a direct link between its racial preference and improved educational outcomes for Native Hawaiians as a whole.

The lawsuit could take years to wind its way through the courts and still not reach the Supreme Court.

© 2025 The New York Times Company
https://www.staradvertiser.com/2025/11/01/hawaii-news/defense-of-kamehameha-admissions-policy-tied-to-history/

Malaysia Asset Tokenisation Roadmap: BNM’s 3-Year Plan to Build a Digital Asset Innovation Hub

**Malaysia Asset Tokenisation Roadmap: BNM’s 3-Year Plan to Build a Digital Asset Innovation Hub**

Bank Negara Malaysia (BNM) has kicked off a three-year programme to test real-world asset tokenisation. A newly released roadmap aims to explore how blockchain-based tokenisation can transform Malaysia’s financial landscape — from Islamic finance to supply chain management. The central bank is currently gathering industry feedback, with submissions open until March 1, 2026.

### Malaysia’s 3-Year Plan for Tokenisation

BNM recently published a Discussion Paper on Asset Tokenisation to collect feedback from the financial and technology sectors. The objective is to establish a **Digital Asset Innovation Hub** and an industry working group to investigate practical applications of tokenisation in financial systems.

The roadmap follows a clear, phased approach over three years:

– **2026:** Focus on proof-of-concept and pilot testing to identify viable solutions.
– **2027:** Expansion of pilot projects into larger-scale trials, guided by early results and stakeholder feedback.
– Stakeholders are encouraged to share ideas and use cases by **March 1, 2026**.

### Focus Areas and Selection Criteria

BNM’s working group will prioritize use cases in key sectors such as:

– **Supply Chain Finance:** Using tokenisation to enhance transparency, traceability, and speed of payments.
– **Islamic Finance:** Leveraging blockchain to create more efficient and transparent Shariah-compliant financial products.

However, BNM emphasizes that not all ideas will qualify. Projects must:

– Demonstrate tangible real-world benefits.
– Use blockchain technology only when it is the most suitable solution.
– Be technically feasible within Malaysia’s existing infrastructure.

### Why Malaysia Is Exploring Tokenisation Now

BNM aims to address real-world challenges with tokenisation. One primary focus is tackling Malaysia’s **RM101 billion SME financing gap** by converting invoices into digital tokens. This innovation can enable small businesses to access faster and cheaper loans.

Additionally, tokenisation will be applied to Malaysia’s leading **Islamic finance market** (valued at RM2.4 trillion). For example, tokenized sukuk and smart contracts can automate payments, boost liquidity, and maintain full compliance with Shariah principles.

Sustainability is another important area. Tokenized green bonds could link payments directly to verified climate outcomes, reducing greenwashing and increasing investor confidence in Malaysia’s rapidly growing ESG sector.

### Looking Ahead

With this comprehensive and structured plan, BNM aims to bridge innovation and practicality. The central bank’s initiative positions Malaysia to become a regional leader in regulated digital finance, fostering inclusive growth and technological advancement.

**FAQs**

For more details on Malaysia’s crypto regulations and the broader digital asset landscape, see our related articles.

*Have feedback or ideas for asset tokenisation use cases? Submit your input to BNM by March 1, 2026.*
https://bitcoinethereumnews.com/tech/malaysia-asset-tokenisation-roadmap-bnms-3-year-plan-to-build-a-digital-asset-innovation-hub/?utm_source=rss&utm_medium=rss&utm_campaign=malaysia-asset-tokenisation-roadmap-bnms-3-year-plan-to-build-a-digital-asset-innovation-hub

Last Exit Before Superstardom

Bruce Springsteen is known for writing happy music paired with sad lyrics. However, there are notable exceptions to this pattern found in two of his 1980s albums that bookend what is considered his happiest record of all time.

The album *Born in the U.S.A.*, released in 1984, sits between *Nebraska* (1982) and *Tunnel of Love* (1987). Both these albums contrast sharply with the upbeat nature of *Born in the U.S.A.*

*Tunnel of Love* is more than just sad—it evokes a mood as if tricyclic antidepressants were transformed into music. The sound is characterized by minor chords, moaning lyrics, and an atmosphere reminiscent of a padded cell, created through layered synths and numbingly metronomic drum programming.

On the other hand, *Nebraska* is tragic in a different way. It is stark, bare, and raw, stripping away excess to reveal a haunting emotional core, whereas *Tunnel of Love* feels overstuffed and dull despite its melancholy.

The post Last Exit Before Superstardom appeared first on.
https://www.conservativereview.com/last-exit-before-superstardom-2674256037.html

XRP Fails Uptober Expectations With 11% Dip

XRP Fails to Meet Bullish Expectations in October Amid Severe Consolidations

XRP has fallen short of the strong bullish expectations for October, experiencing significant consolidations throughout the month. According to data from crypto analytics platform CryptoRank, the leading altcoin recorded a 10.8% decline in its monthly returns for October. As of October 31st, XRP had yet to recover the losses incurred amid recurring periods of intense consolidation during mid-October.

Although XRP showed a decent resurgence toward the end of the month, it was unable to generate any gains for its October 2025 returns.

### XRP Posts Worst Monthly Performance Since Mid-2025

Despite starting October on a positive note with massive daily gains fueling optimism for a strong “Uptober” rally, XRP ultimately disappointed bulls by closing the month down 10.8%. This decline marked the altcoin’s worst monthly performance since April 2025.

What’s particularly striking is that October’s drop came after a volatile yet largely positive year for XRP. The asset had recorded significant gains in five of the previous nine months. The October decline sharply contrasts with July’s impressive 35% rally. In fact, the only worse monthly decline since then was in February 2025, when XRP dropped about 29.3%. Since that February downturn, the October loss represents the most substantial negative performance, dealing a blow to optimistic investors’ hopes.

### XRP Bulls Shift Optimism to November

Despite the setback in October, XRP remains one of 2025’s better-performing leading altcoins, buoyed by hype around the anticipated XRP ETF launch and major developments from Ripple that have reignited interest in the asset.

Year-to-date data further shows that XRP is still significantly up, following an impressive first-quarter performance that included gains of over 46% in January alone. Many XRP traders believe that all is not lost and are hopeful the asset will surpass expectations in the coming month.

With the XRP community eagerly awaiting the launch of the first U.S. spot XRP ETF in November, expectations are high that the asset will outperform projections and deliver significant gains during the period.
https://bitcoinethereumnews.com/tech/xrp-fails-uptober-expectations-with-11-dip/?utm_source=rss&utm_medium=rss&utm_campaign=xrp-fails-uptober-expectations-with-11-dip

Even Tyler Glasnow didn’t expect to be Game 6 hero for Dodgers

After becoming the first pitcher since 2001 to throw back-to-back complete games in a postseason, Yoshinobu Yamamoto only made it through six innings on Friday. With the season on the line, the Los Angeles Dodgers asked their bullpen to preserve a 3-1 lead in a must-win Game 6.

LA’s relievers were fairly well-rested after an off day following Game 5 as the World Series shifted back to Canada. Game 3 starter Tyler Glasnow didn’t believe he’d factor into the Dodgers’ relief plans. But Dave Roberts ultimately called on Glasnow to get the team out of a tight spot. And despite the unexpected outing, the 10th-year veteran delivered.

“I’m not gonna lie, I didn’t really think I was gonna get in there,” Glasnow said after the Game 6 victory, per SportsNet LA. “But I think as the game got a little bit sticky at the end, I was like, alright, there’s a real chance I’ll get in the game.”

### Tyler Glasnow Earns 1st-Career Save in Must-Win Game 6

Following Yamamoto’s departure after 96 pitches, Roberts turned to Justin Wrobleski in the seventh inning. The second-year lefty worked his third straight scoreless appearance against Toronto on Friday. Roberts skipped Blake Treinen and went straight to newly anointed closer Roki Sasaki in the eighth inning.

The rookie starter-turned-reliever last pitched on Monday, and the Dodgers hoped he could pull off a two-inning save on four days’ rest. Sasaki escaped the eighth, working around a leadoff single and a walk. But he ran into trouble again in the ninth inning.

After Alejandro Kirk was hit by a pitch, Addison Barger hammered a ground-rule double. The Dodgers were fortunate that the ball got wedged under the wall in left center. The dead ball ruling prevented a run from scoring.

However, with the tying run at second base and no outs, Roberts tabbed Glasnow to work out of the jam. If he failed, the Dodgers would be eliminated. But the All-Star righty kept LA’s World Series hopes alive.

Glasnow induced a pop-up for the first out. He then got Andres Gimenez to line into a wild, game-ending 7-4 double play. With just three pitches, Glasnow earned his first-career save and helped the Dodgers force a decisive Game 7 on Saturday.

“It’s pretty wild. I still haven’t really processed it either. Going out to be able to get a save in the World Series is pretty wild,” Glasnow said.
https://clutchpoints.com/mlb/los-angeles-dodgers/dodgers-news-tyler-glasnow-didnt-expect-game-6-hero-la

Punch things up with pastels – Sat, 01 Nov 2025 PST

Pastel colors can provide softness and neutrality to nearly any room in your home. From living spaces to dining areas and bedrooms, these soothing hues bring a sense of lightness and serenity. Looking for ways to infuse pastels into your home décor? Here are some top tips to help you get started.

**1. Balance with Neutrals**
Pair pastel colors with neutral tones such as white, cream, or gray for a fresh, modern look. Neutrals help to keep the space grounded while allowing pastel shades to subtly shine.

**2. Mix Pastel Colors with Natural and Organic Materials**
Incorporate natural elements like wood, rattan, and linen to add warmth and texture. These materials complement pastel palettes beautifully and bring an organic feel to your space.

**3. Use Pastel Colors as Accents**
Introduce pastel hues through artwork, throw pillows, or a painted accent wall. These small touches can infuse a room with color without overwhelming the space.

**4. Layer Pastel Colors for a Cohesive Look**
Experiment with layering pastel shades like powder blue, blush pink, and mint to create a soothing and harmonious palette that feels intentional and well put together.

**5. Add Elements of “Bling” with Metallics**
Incorporate gold, brass, or chrome accents to elevate pastel colors and add a touch of luxury and glamour to your décor.

**6. Don’t Overdo It**
Too many pastel elements in one space can feel overwhelming or flat. Balance is key—anchor the look with grounding shades or bold accents to create visual interest.

**7. Pay Attention to Lighting**
Pastel colors look best in bright, natural light. For darker rooms, enhance the effect with layered lighting such as sconces, table lamps, or mirrors that reflect light to brighten up the space.

**8. Infuse Contrast to Add Depth**
Pair soft pastel shades with deeper colors like navy, charcoal, or forest green. This contrast adds dimension and prevents the space from feeling too delicate or one-dimensional.

**9. Consider Pastels in Formal Areas**
While often associated with nurseries, pastels like powder blue and blush pink can be chic and sophisticated in living rooms, dining areas, and even kitchens.

**10. Bring in Pattern and Texture**
Add personality to pastel spaces with stripes, florals, and geometric designs. Textured fabrics such as velvet or boucle also keep the look dynamic and prevent it from feeling one-note.

By following these tips, you can effortlessly incorporate pastel colors into your home, creating spaces that feel soft, inviting, and stylish.
http://www.spokesman.com/stories/2025/nov/01/punch-things-up-with-pastels/

Strategy’s Bitcoin Buying Slows, Analysts See Potential for Renewed Momentum

MicroStrategy Holds Over 640,000 BTC, Representing About 3% of Global Supply, Supporting Sustained Growth Potential

MicroStrategy currently holds more than 640,000 Bitcoin (BTC), which accounts for approximately 3% of the total global supply. This substantial accumulation underscores the company’s commitment to Bitcoin as a core asset, supporting its long-term growth strategy. While recent quarters have seen a deceleration in Bitcoin purchases, this slowdown reflects market timing considerations rather than any fundamental flaws in MicroStrategy’s Bitcoin approach.

Shares of MicroStrategy have responded positively to recovery optimism, rising 5% recently. A notable development enhancing the company’s financial flexibility is the upgrade to a B- credit rating from S&P Global Ratings. According to TD Cowen analysis, this rating opens the doors to a $4.9 trillion global credit pool, potentially tripling funding capabilities for further Bitcoin acquisitions.

Explore how MicroStrategy’s Bitcoin engine, despite its current slowdown, remains primed for future growth. Analysts remain bullish on the company’s yield potential and enhanced credit access, particularly as Bitcoin stabilizes around $110,000, with key insights and projections available for 2025 investors.

### What Is MicroStrategy’s Current Bitcoin Accumulation Pace?

After two years of consistent increases, MicroStrategy’s Bitcoin accumulation has notably slowed. Recent quarterly data indicates a reduced pace of purchases as the company calibrates its market exposure.

In parallel, MicroStrategy’s market premium to net asset value (NAV) has tightened, dropping to 1.2x—its lowest level since early 2023. This coincides with Bitcoin’s stabilization near the $110,000 mark. Despite this cooling period, the company continues to leverage a framework designed to channel Wall Street capital directly into Bitcoin holdings. This approach offers investors a regulated exposure to Bitcoin that avoids the restrictions associated with spot ETFs.

### How Does MicroStrategy’s Credit Access Impact Its Bitcoin Strategy?

The recent B- rating from S&P Global Ratings marks a pivotal shift in MicroStrategy’s financial standing. This upgrade grants access to the vast $4.9 trillion global credit market, substantially enhancing the firm’s ability to secure funding for Bitcoin purchases.

TD Cowen analysts highlight that this development could enable MicroStrategy to potentially triple the scale of its Bitcoin acquisitions. The rating reflects the company’s maturing financial profile, successfully blending traditional credit mechanisms with cryptocurrency assets.

In addition to credit access improvements, MicroStrategy has introduced a Return-of-Capital (ROC) tax treatment for its preferred dividends. This strategy allows investors to defer taxes indefinitely and significantly increases appeal for institutional investors seeking yield-bearing Bitcoin investment opportunities.

While short-term Bitcoin purchase momentum may soften, this structural advantage positions MicroStrategy to resume aggressive Bitcoin accumulation by early 2026. Price targets have been adjusted to $535 per share to reflect tempered near-term expectations but preserve strong long-term growth outlooks.

Expert commentary emphasizes that rising Bitcoin prices combined with expanded capital market access will remain core drivers for MicroStrategy’s sustainable yield expansion, assuming stable market conditions.

### Frequently Asked Questions

**What Are the Latest Holdings in MicroStrategy’s Bitcoin Portfolio?**
MicroStrategy holds over 640,000 Bitcoin, representing about 3% of the total global supply. This portfolio, built through consistent capital raises, has delivered a year-to-date Bitcoin yield of approximately 26%. According to estimates by Mizuho Securities, the company is on track to meet its internal yield target of 30% if Bitcoin prices remain stable through 2025.

**Why Is MicroStrategy’s Stock Premium Declining Amid Bitcoin’s Price Stability?**
The company’s market premium to net asset value has compressed to 1.2x as Bitcoin consolidates near $110,000. Analysts, including those at Benchmark, interpret this as a natural normalization following rapid gains, marking a phase of subdued volatility in both stock and cryptocurrency markets. Many view this as an opportune entry point rather than a signal of weakness.

### Key Takeaways

– **Strategic Pause in Accumulation:** The slowdown in Bitcoin purchases is attributed primarily to market timing strategies rather than operational issues. MicroStrategy’s Bitcoin acquisition framework is designed for long-term capital conversion into crypto assets.

– **Bullish Analyst Projections:** Mizuho Securities forecasts Bitcoin reaching $150,000 by the end of 2025, implying a compound growth rate of 25% over three years, which supports MicroStrategy’s yield objectives.

– **Enhanced Funding Pathways:** The S&P B- rating unlocks significant credit access, facilitating larger-scale Bitcoin purchases. Tax-advantaged dividend treatments further enhance the appeal to institutional investors targeting yield-generating Bitcoin assets.

### Conclusion

MicroStrategy’s substantial Bitcoin holdings and improved access to credit markets position the firm for sustained growth despite a temporary slowdown in accumulation pace. With ongoing institutional support, favorable tax treatments, and expert bullish projections on Bitcoin prices, MicroStrategy remains a compelling player in the integration of traditional capital markets with cryptocurrency assets. Investors looking toward 2025 should consider the company’s strategic positioning and potential for expanded Bitcoin exposure backed by enhanced financial resources.
https://bitcoinethereumnews.com/bitcoin/strategys-bitcoin-buying-slows-analysts-see-potential-for-renewed-momentum/?utm_source=rss&utm_medium=rss&utm_campaign=strategys-bitcoin-buying-slows-analysts-see-potential-for-renewed-momentum

Bitwise’s NYSE Listing Update Hints XRP ETF Approval Could Arrive Within 20 Days

The long-awaited XRP exchange-traded fund (ETF) from Bitwise could soon become a reality. Bitwise, the $15 billion asset management giant, has just submitted Amendment No. 4 to its XRP ETF filing with the U.S. Securities and Exchange Commission (SEC), revealing two crucial details. Experts believe such updates usually signal the final step before approval. If cleared by the SEC, the XRP ETF could go live within just 20 days.

On October 31, Bitwise filed Amendment No. 4 with the SEC to update its S-1 form. The latest updated document includes two key details: first, the listing venue will be the New York Stock Exchange (NYSE); and second, the management fee will be 0.34%.

Eric Balchunas, senior ETF analyst at Bloomberg, believes Bitwise’s latest filing marks a major step forward for XRP’s entry into traditional finance. “Adding the NYSE and fee means Bitwise has checked nearly all boxes,” he said. Historically, once issuers include exchange and fee details in their S-1 forms, it usually means they’re just waiting for the final green light from the SEC.

### XRP ETF Could Launch in 20 Days

Following the update, ETF expert James Seyffart of Bloomberg Intelligence provided more context. He noted that Bitwise’s latest filing contains “shorter language” that could allow the product to go live within just 20 days, pending SEC clearance. Seyffart also mentioned that Bitwise isn’t alone—major players like VanEck, Fidelity, and Canary Funds have also updated their filings, signaling that the race to launch an XRP ETF is heating up fast.

Meanwhile, Crypto America host Eleanor Terrett revealed that Canary Funds removed the “delaying amendment” from its S-1 filing, which gives the SEC control over timing. This change sets Canary’s XRP ETF up for a potential launch date of November 13, pending Nasdaq’s approval of its 8-A filing.

### Impact of XRP ETF on Price

After the latest XRP ETF updates, XRP’s price saw a modest uptick, trading around $2.51, reflecting growing optimism among traders. Analysts say that if the XRP ETF gets approved, it would mark the first-ever U.S. spot ETF for XRP—a historic moment that could push the token toward its all-time high price.

At present, XRP faces strong resistance near the $2.75 level. A breakout above this point could open the door for a test of the $3 psychological mark. However, if selling pressure continues, XRP might correct by up to 19%, potentially retesting the $2 support zone within its long-term channel pattern.

Stay tuned as the SEC decision approaches—this could be a defining moment for XRP and the broader cryptocurrency market.
https://coinpedia.org/news/xrp-etf-approval-nears-as-bitwise-confirms-nyse-listing-and-20-day-launch-window/

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