Bitcoin’s Future Looks Bright Amid Growing Institutional Interest
As the digital currency continues to attract major players in the financial world, its potential for growth seems boundless.
Institutional Tailwinds Build as Bitcoin Holds $84K
Bitcoin is holding firm above $84,000 as institutional interest grows. Enish, a Japanese gaming giant, has invested 100 million yen ($660,000) in Bitcoin to power its blockchain expansion. The company plans to integrate Bitcoin into its treasury and conduct quarterly valuations. Additionally, Cango has pivoted to mining with a $352 million investment, and CEX token is outperforming. These developments are quietly building momentum behind the scenes for Bitcoin.
Early-Stage Deals for Bitcoin Startups Jumped in 2024
Early-stage investment in Bitcoin-native startups saw a sharp rise in 2024, signaling the growth of a once-niche sector. While overall capital raised in 2024 fell 22.1%, the number of Bitcoin startup deals jumped by nearly 32%, with pre-seed activity alone increasing by 50%. The report defines “Bitcoin-native” companies as those fundamentally aligned with Bitcoin as a monetary asset and protocol stack, building products that directly benefit from Bitcoin’s growth and functionality. Unlike broader crypto ventures, these startups are committed to the Bitcoin ecosystem from the ground up.
Gold Shines While Bitcoin Stumbles in Q1 2025
Gold prices soared to record highs, gaining nearly 20% and reaching a peak of $3,167 in Q1 2025. In contrast, Bitcoin prices nosedived nearly 12%, reaching a low of $76,606 during the same period. The World Gold Exchange Traded Funds (ETFs) recorded net inflows totalling 155 tonnes, while the Bitcoin spot ETF showed a net inflow of near $1 billion. FXStreet interviewed crypto market experts to gain insights on the current market condition of Gold and Bitcoin.
Bitcoin Joins The Game: Japanese Company Unveils Plans To Buy Crypto
Enish, a Japanese game developer, plans to buy Bitcoin worth 100 million yen as part of its growing work with blockchain technology. This purchase comes at a time when Bitcoin was trading at $81,800. The gaming company’s interest in Bitcoin stems from its work on blockchain games, and they believe owning Bitcoin will help them better understand the technology behind it. Their game “De Lithe Last Metsoires” already uses blockchain features. By owning Bitcoin, Enish hopes to gain new insights for their technical teams, which will improve how they make games and run their business.
Bitcoin On High Alert Amid Rising Recession Odds
Following President Donald Trump’s “Liberation Day” tariff announcement, recession probabilities have spiked across leading economic trackers, putting Bitcoin on high alert. Kalshi’s prediction markets now stand at 53%, an 8.1% jump from prior estimates, and Polymarket’s odds have surged to 54%. After Trump’s latest move to impose higher duties targeting key US trading partners, multiple forecasters revised their recession probabilities upward. The odds have been updated across several respected institutions and platforms, with Larry Summers indicating a 50% likelihood and JPMorgan putting the chance at 40%.
