Nasdaq ISE proposes to raise BlackRock IBIT options trading limits from 250,000 to 1 million

Bitcoin has recently experienced a shift in market sentiment, with sell dominance pausing as taker flow turns neutral. This change may lead to price stabilization, potentially attracting cautious investors and reducing volatility in the cryptocurrency market.

CalPERS, the largest pension fund in the U.S., has reported a significant loss as its investment in Strategy has dropped from $144 million to $80 million, highlighting the inherent volatility and risks associated with cryptocurrency-linked investments.

California's pension fund, CalPERS, has invested $80 million in Strategy shares, providing it with indirect exposure to Bitcoin. This investment reflects a growing trend among institutional investors to explore cryptocurrency as a viable asset class, signaling a shift in traditional asset management practices.

BlackRock Bitcoin ETF investors have returned to profitability as Bitcoin's price has reclaimed the $90,000 mark, indicating a potential recovery in the cryptocurrency market. This resurgence follows a period of volatility and low investor confidence, suggesting a renewed interest in Bitcoin as it approaches its all-time highs from 2025.

Bhutan has allocated $970,000 in Ethereum for staking, marking a significant step in the country's strategic embrace of blockchain technology. This investment is expected to enhance Bhutan's digital infrastructure and foster innovation within its economy.

A dormant Bitcoin whale has sold a significant amount of Bitcoin after nearly three years, realizing a profit of $12.5 million. This sale underscores the potential for substantial gains from long-term Bitcoin holding, which can influence market dynamics and investor strategies.

The presale of $PEPENODE has gained traction as Nasdaq's proposal to increase the options trading limit for BlackRock's Bitcoin ETF to one million contracts signals a significant uptick in institutional interest in cryptocurrency derivatives. This development is expected to enhance liquidity and market efficiency.

Upbit, South Korea's largest cryptocurrency exchange, has reported a hack resulting in a loss of approximately $37 million from its Solana network. The exchange has suspended all deposits and withdrawals as it investigates the incident and aims to bolster security measures to protect customer assets.