While Bitcoin hasn’t seen a direct rally from the Toronto Stock Exchange’s approval of 3iQ’s XRP ETF, the move is being viewed as a win for the entire digital asset space. The fund’s backing by Ripple and its fee-free launch make it accessible to a wider pool of institutional and retail investors.
Although XRP is the primary beneficiary, this regulatory milestone suggests growing acceptance of crypto ETFs beyond BTC and ETH. As more alternative coin ETFs enter the market, BTC is poised to benefit from increased investor trust and infrastructure development.
A more inclusive ETF environment signals a maturing asset class and paves the way for long-term capital inflows into BTC.
Iran’s largest cryptocurrency exchange, Nobitex, suffered a politically charged cyberattack, resulting in over $90 million in damages. The pro-Israel group Predatory Sparrow exploited internal access vulnerabilities and used politically suggestive wallet names, burning assets including $2M in BTC and over $49M in TRX.
While cold storage remains safe and Nobitex has promised to cover user losses, the hack serves as a stark reminder of cryptocurrency’s vulnerability in geopolitically sensitive regions. Despite the severity, the incident hasn’t spilled over into the broader Bitcoin market, signaling resilience among institutional holders.
Adding a bullish layer to BTC’s macro narrative, Hong Kong-based healthcare company Prenetics has invested $20 million in BTC, acquiring over 187 coins at an average price of $106,712. The firm has brought on Trump-affiliated crypto strategist Tracy Hoyos Lopez and ex-OKEx COO Andy Cheung as it eyes deeper crypto integration.
With liquidity reserves of $117 million, Prenetics plans to expand its BTC holdings, signaling growing BTC adoption outside traditional financial circles. This move, aligned with pro-Bitcoin political sentiment, may help accelerate narratives of corporate and sovereign accumulation.
Bitcoin is trading near $104,773, with technical compression forming between a rising trendline and the 50-period EMA ($105,529) that is descending. Three recent candles show lower wicks defending support around $104,000.
MACD is flattening, hinting at a possible bullish crossover. A breakout above $105,530 may open upside to $106,650 and $107,750. On the downside, a breach below $103,500 shifts focus to $102,180 and $100,450.
Currently, Bitcoin price prediction remains bearish with mixed catalysts as traders are watching for confirmation before taking directional positions.
With BTC trading near $105K, investor focus is shifting toward altcoins, especially BTC Bull Token ($BTCBULL). The project has now raised $7,233,406 out of its $8,290,897 cap, leaving less than $1 million before the next token price hike. The current price of $0.00257 is expected to increase once the cap is hit.
BTC Bull Token links its value directly to Bitcoin through two core mechanisms:
The token also features a 58% APY staking pool holding over 1.81 billion tokens, offering:
This staking model appeals to both DeFi veterans and newcomers seeking hands-off income.
With just hours left and the hard cap nearly reached, momentum is building fast. BTCBULL’s blend of Bitcoin-linked value, scarcity mechanics, and flexible staking is fueling strong demand. Early buyers have a limited time to enter before the next pricing tier activates.
