Today’s Insider ⬇️
The Blockchain Group plans to raise $340M for its Bitcoin treasury
Sony launches 'Soneium For All' incubation hub to aid Web3 adoption
Nasdaq expands crypto ETFs with the addition of XRP, ADA, SOL & XLM
Market Update
Market | Value | Day PnL | YTD |
Bitcoin | $107,500 | +1.80% | +55% |
Ethereum | $2,540 | +1% | -31% |
Solana | $156 | -1% | -1.90% |
XRP | $2.26 | +1.83% | +358% |
S&P 500 | $6,000 | +1% | +2% |
Gold | $3,320 | +0.33% | +26% |
1. The Blockchain Group plans to raise $340M for its Bitcoin treasury
BTC Acquisition: Paris-based The Blockchain Group plans to raise $340M for Bitcoin purchases, adopting an “At the Market” (ATM) structure for share sales.
Institutional Trend: Joining the likes of MicroStrategy, the European firm recently acquired $68 million worth of Bitcoin, adding to its 1,471 BTC holdings.
Long-Term Confidence in Bitcoin: Despite short-term price consolidation, strategic treasury allocations and institutional investments highlight bullish confidence in Bitcoin’s long-term potential.
Conclusion: The Blockchain Group plans to raise $340 million for Bitcoin purchases using an ATM structure. This move reflects growing institutional confidence in Bitcoin, as the firm has already acquired $68 million worth of BTC.
Top Crypto Insider Pick of 2025
BlockchainFX (BFX)’s unique positioning attracts soaring interest
Unlike most conventional crypto exchanges, BlockchainFX (BFX) is positioning itself as a more lucrative and diversified alternative.
From cryptocurrencies to forex, commodities, indices, and stocks, BlockchainFX features a super trading app that serves as a one-stop platform for all types of traders. This untapped potential presents endless opportunities, especially for early backers who get to enjoy a lot of exclusive benefits.
Presale Benefits: While still in presale, BlockchainFX offers exclusive perks, including a custom BFX Visa Card (available only during this period) and a built-in reward system that provides daily passive income in BFX and USDT.
Symbol | Current Price | Key Features |
$BFX | $0.0145 (Presale) | All-in-One Trading App, Daily Passive Staking Income |
Conclusion: BlockchainFX (BFX) is positioning itself as a lucrative alternative to traditional crypto exchanges with its all-in-one trading app.
During its presale, the platform offers exclusive perks like a custom BFX Visa Card and a reward system for early backers. Meanwhile, the native BFX token is currently priced at $0.0145, with the presale run garnering about $2.5 million in funding milestones.
2. Sony launches 'Soneium For All' incubation hub to aid Web 3 adoption
Sony Launches Web3 Incubator: Sony’s Soneium For All program aims to boost Web3 adoption by accelerating the development of gaming apps within its 7 million-user blockchain ecosystem.
Powered by Optimism OP Stack: The program leverages Ethereum-based layer-2 technology to bridge Web2 and Web3, thereby providing faster, cost-effective solutions for creators.
Strategic Blockchain Integration: Backed by Sony Innovation Fund, the initiative reflects Sony’s push to integrate blockchain into its digital ecosystem.
Conclusion: Sony has launched the "Soneium For All" incubation hub to accelerate Web3 adoption within its blockchain ecosystem. The initiative leverages layer-2 technology to enhance app development and empower creators globally.
3. Nasdaq expands crypto ETFs with the addition of XRP, ADA, SOL & XLM
Nasdaq Expands Crypto ETF Index: Nasdaq filed a proposal to expand its crypto ETF benchmark from BTC and ETH to include nine assets, such as XRP, SOL, ADA, and XLM.
SEC Approval Pending: The ETF is currently restricted to holding BTC and ETH due to regulations, with the SEC set to decide on the proposal by November 2, 2025.
Push for Institutional Adoption: Nasdaq’s move aims to diversify crypto investment options, signaling potential mainstream acceptance of altcoins.
Conclusion: Nasdaq has proposed expanding its crypto ETF to include XRP, ADA, SOL, and XLM, pending SEC approval. This move aims to diversify investment options and reflects increasing institutional interest in altcoins.
That’s all for today’s insight. Stay informed, and we’ll see you in tomorrow’s edition.
Till next time,
3Insiders Team
