BITPRISMIA
BlackRock invested over $1 billion in Bitcoin and Ethereum ETFs during a market dip, signaling strong institutional interest and confidence in crypto assets despite recent inflation-driven sell-offs.
Galaxy Digital CEO Mike Novogratz predicts Bitcoin could reach $1,000,000 per coin and potentially overtake gold's market value, citing favorable policy shifts and institutional inflows.
The crypto market experienced a downturn on August 15, 2025, with most top cryptocurrencies declining, while institutional demand and ETF inflows remained strong.
An anonymous whale acquired $792 million in Bitcoin following a $1.05 billion liquidation event, while BlackRock added $523 million in Bitcoin, amid market volatility and regulatory clarifications from the US Treasury Secretary.
The U.S. Treasury clarifies its plan to expand Bitcoin reserves using seized assets and halts sales, maintaining $15B–$20B in current holdings, following initial confusion over its acquisition stance.
Whales are heavily investing in ADA and AVAX, driving their prices up, while Bitcoin reaches a new peak but faces a potential retest of support levels.
Peter Schiff advocates for tokenized gold, arguing it surpasses Bitcoin by solving its inherent problems and positioning gold as the superior monetary asset.
Treasury Secretary Scott Bessent clarified that the US government will not buy Bitcoin outright for its Strategic Bitcoin Reserve but will instead use confiscated coins, aiming to align with broader economic goals of sovereignty and modernization.
Pantera Capital CEO Dan Morehead advocates for the U.S. to replace its $600 billion gold reserves with Bitcoin, though no official policy changes have been announced.
Bitcoin's price dropped below $120,000 following comments by the US Treasury Secretary and higher-than-expected PPI inflation data, while the US government confirmed it would not purchase additional Bitcoin.