BTC Institutional Adoption Wave: Revolut,Strive Capital, JetKing and More!

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May 7 Update: Institutional Bitcoin adoption is surging at an unprecedented rate as the King of Cryptocurrencies joins traditional balance sheets. Here is what’s up.

 

Bitcoin and crypto adoption are on the rise as governments and institutions seek to strategically position themselves in the digital assets market and the next financial revolution. On May 7, the market saw major institutions reveal their stance and plans in regards to BTC adoption. The following are today’s major updates:

  • Revolut, the $488 billion fintech giant with over 50 million user base, has revealed intentions to integrate the Bitcoin Lightning Network, enabling large-scale, faster and cheaper BTC transactions.
  • Jetking, a public Indian company, is raising billions to acquire 18,000 BTC as per its CEO, Harsh Bharwani, suggesting new Bitcoin Interest from Asia.
  • Strive Capital, the $2 billion firm backed by Ohio gubernatorial candidate Vivek Ramaswamy, plans to go public as a Bitcoin Treasury Company, starting with $1 billion worth of BTC

 

In other stories, the CEO of Strike, Jack Mallers, has told CNBC that Bitcoin is “humanity’s biggest tech opportunity”. According to him, BTC is targeting $500 trillion in global wealth. Additionally, Trump’s adviser, David Bailey, is reportedly raising $300 million for a Public Bitcoin Treasury Company, suggesting a heated institutional BTC adoption.

 

 

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Russia Ranks as the Most Profitable Bitcoin Mining Region Globally

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Russia has emerged as a very profitable Bitcoin mining region based on electricity and mining costs per BTC.

 

Bitcoin mining has been a profitable sector since the birth of the cryptocurrency market. However, as miner rewards decrease after every Bitcoin halving event and the cost of mining equipment rises, investors have to be strategic about their firm locations. This is due to varying costs of electricity, tax policies, and other factors that slash profit margins across different regions.

A recent report by NFT Evening has analyzed mining costs across different regions globally, considering electricity costs in each location. According to the data, Russia has ranked as the most profitable BTC mining region. It costs approximately $39k to mine 1 BTC, worth $95k in the current market price.

 

Source: NFT Evening

 

A country like Germany costs $230k while the U.S costs $85K per Bitcoin mined. There exists a significant profit margin for investors mining in Russia due to affordable energy, as Western nations face low cost-efficiency in the mining process.

Russia’s energy advantage could reshape the BTC mining industry and global hashpower distribution.

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Crypto Market Capital Inflows Surges $13.5 Billion in 10 Days

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The crypto market capital inflows have soared from 1.5 billion to $15 billion between April 19 and april 29 signalling new investor optitmism.

 

Global markets are flashing signs of economic recovery and stability driven by cooling trade war tensions. As a result, economic policies by national governments across the globe are providing liquidity in the market. The global liquidity index is projected to rise in the coming months. Historically, the crypto market tends to rise as investors consider risky and rewarding assets in their portfolio.

Recent data by Glassnode has revealed a major shift in the crypto market capital inflows. According to the on-chain data, the market capital inflows surged from 1.5 billion from  April 19 to April 29. Such a sharp spike in capital inflow signals heightened investor optimism towards digital assets.

Source X

 

The net position change for BTC and ETH has increased, signaling an accumulation phase among investors. Stablecoins have gained substantial inflows, suggesting fresh liquidity in the market, awaiting deployment in digital assets. The market could be gearing up for new highs and a significant comeback.

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What is Staking and Liquid Staking in Crypto?

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Staking is critical in securing blockchain networks while earning rewards for investing in crypto assets.

 

In traditional finance, people lock up their savings in financial institutions such as banks to earn interest. In the crypto market, staking refers to locking up your crypto assets in decentralized finance (DeFi) protocols to earn rewards. Staking has become a popular way of earning passive income in crypto as locked-up tokens help secure the blockchain networks.

In the early stages of crypto staking, one could only earn through the staked tokens. With liquid staking, a flexibility feature is included. One can stake a token like Ethereum and get a liquid version like stETH, which can be traded and used for other purposes on the DeFi ecosystem.

This is like locking your savings and getting a receipt to use for other reasons, and later redeeming the receipt for your savings.

Why is Liquid Staking Important?

Liquid staking is an innovation that unlocks more asset utility without sacrificing one’s potential rewards, especially for long-term token holders. Staking will earn investors passive income, while liquid staking gives both yield and freedom to risk some of your staked assets for more potential gains without withdrawing them.

Platforms such as Lido, Rocket Pool, and Coinbase offer liquid staking services for crypto assets like Ethereum and Solana. This game-changer service allows one to maximize on their crypto utility and returns.

 

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U.S Investors Regain Confidence-A Sign of Thin BTC Resistance Ahead?

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Coinbase Premium remains in a positive territory, signalling heightened investor confidence in Bitcoin’s price uptrend in the following months. 

 

Bitcoin momentum is in favour of the bulls as confidence rises among both large and retail investors. A recent market observation by Cryptoquant has revealed a shift in the market sentiment among U.S investors. According to the data, the recent BTC price reversal and uptrend have boosted investor conviction, thus increasing Bitcoin’s demand in the U.S.

The data explores the Coinbase premium Gap, a measure of the price gap between Coinbase and global exchanges. The Coinbase premium remains positive as of today, suggesting large-scale or institutional interest in BTC in the U.S market.

 

Source: Cryptoquant

 

A sign of thin BTC resistance ahead?

As U.S demand for BTC rises,  the bulls gain strong momentum to break past the previous key resistance levels. Additionally, price uptrend could induce liquidations, fear of missing out (FOMO), and short squeezes, thus fuelling the price to rise higher. With BTC’s momentum gaining strength, the resistance ahead could become thin and negligible.

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Swiss National Bank Faces Pressure to Embrace Bitcoin

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The Swiss National Bank (SNB) shareholders are urging the institution to embrace Bitcoin, citing its necessity in digital finance.

 

Bitcoin demand is rising amid declining exchange reserves. With large-scale institutional buys, the king of cryptocurrencies is anticipating exponential gains fueled by scarcity. Per CoinMarketCap data, BTC is trading at $94,678 with a 2.17% price upsurge, at press time. The race for BTC accumulation is tightening as traditional investors thirst for the “digital gold”.

According to a recent update by The Bitcoin Historian, the shareholders at the Swiss National Bank (SNB) annual shareholder meeting have urged the institution to purchase over 1,000 Bitcoin. The shareholders are hoping to establish BTC as a strategic reserve asset and have argued that Bitcoin is a;

 

…monetary tool for the digital age.

 

As traditional fiat systems face inflation risks from government policies and economic uncertainties, high-net-worth individuals and institutions are seeking Bitcoin reserves for a refuge. Crypto enthusiasts are increasingly overwhelmed by the latest government and institutional policies driving mainstream crypto adoption.

 

 

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Fear and Greed Index: Are Investors Trusting Crypto more than Stocks?

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Fear and greed index data reveal that investors are panicking more in the stock market than in crypto. Are investor perceptions of risk shifting?

 

Latest data by Alphractal has unveiled a surprising twist in the global assets market. A look into the fear and greed index in both the stock market and the crypto market suggests more anxiety in the stock market than in crypto.

While cryptocurrencies have always witnessed more volatility than stocks over the years, this data has raised eyebrows regarding market sentiment. Traditionally, Crypto is viewed as a riskier market in comparison to stocks. However, the crypto market has proved to be borderless and decentralized enough to survive diverse market storms.

Recent trade war, inflation, and geopolitical tensions have escalated volatility in the stock market, causing widespread fear and anxiety.  The stock market index hit  20.94 (Extreme Fear) while the crypto market hit 32 (Fear) in market sentiment.

 

Source: X

 

This new trend signals rising confidence in crypto market maturity and stabilization, considering its borderless nature. Increased credibility means more adoption and future growth for the market.

 

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$10T Charles Schwab CEO Plans on Spot Bitcoin Trading

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Charles Schwab’s CEO, Rick Wurster, has revealed plans to offer spot Bitcoin trading by 2026 due to rising market interest in its crypto content.

 

Charles Schwab Corporation, the $10 trillion financial services giant providing banking, brokerage, and financial advisory is about to dive into the crypto world. With approximately $10 trillion of client assets under management, its entry into the crypto market signals substantial liquidity inflow.

According to its CEO, Rick Wurster, the company has seen a 400% increase in visits to its crypto content, hinting at growing crypto interest amongst clients. Despite offering some crypto-related products, the Company is eyeing spot Bitcoin trading, aiming to blend traditional finance with digital assets.

 

Rick Wurster at CNBC Exclusive Live Interview. Source: CNBC

As many traditional corporations consider Bitcoin as a new and unique asset class, the entry of this financial giant suggests a growing trust in digital assets. Additionally, this could mean a more stable crypto market with less volatility in the future.

 

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Tron (TRX) Holds THIS Support amid Positive Q1 Growth

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Tron bulls hold strong at the $0.2500 support zone, anticipating a price upsurge as TRON DAO announces gas-free USDT transfers.

 

Tron has flipped its previous resistance at the $0.2500 level, turning it into a strong support. Additionally, the coin saw renewed buying interest following its announcement of gas-free USDT transfers.

According to a report by Messari, the TRON network has recorded a 2.7% revenue increase alongside a 6.5% growth in active addresses in Q1 2025. Additionally, USDT stablecoin has gained 99.3% dominance on the network.

 

 

Source: Messari

TRX signals strength in the charts and its fundamentals. The coin could be poised for a price uptrend in the mid-term as bullish momentum strengthens.

With a 3.02% price upsurge in the past 24 hours, at press time, Tron signals high potential. Traders should observe the open interest and buying pressure at this support to understand Tron’s movement in the next few days.

 

 

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Mantra(OM) CEO to Burn 100% of Team Tokens to Restore Trust

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Mantra CEO JP Mullin has announced a plan to burn 100% of the team allocation tokens to win back the trust of the project’s vast community.

 

April 15th—Mantra CEO JP Mullin has sparked debate in the crypto space regarding the team’s innocence in the recent OM token crash. In a surprising turn of events, Mullin has declared that he is planning a burning strategy for 100% of the team’s allocation tokens. According to his X(formerly Twitter) post:

 

The teams token allocation are actually vesting only starting in 2027, which is 30 months from mainnet launch (Oct. 24). I’m planning to burn all of my team tokens and when we turn it around the community and investors can decide if I have earned it back.

 

This follows allegations of insider trading and manipulations leading to massive liquidations of traders’ positions. However, according to Mullin’s recent interview:

 

We did not sell a single OM… The team also did not get liquidated… We don’t have leveraged positions on exchanges…we don’t do that.

 

He also stated that he will create a “comprehensive burn program” for other parts of the OM supply. Some crypto enthusiasts believe burning 100% of the team allocation could lower their morale.

However, Mullin’s announcement is a step towards desirable accountability and leadership in the crypto space.

 

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