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Bitcoin Updates Today: Slower Bitcoin Accumulation Drives Broader System Integration Efforts

Bitcoin Updates Today: Slower Bitcoin Accumulation Drives Broader System Integration Efforts

Bitget-RWA2025/11/03 19:20
By:Bitget-RWA

- Coinbase's Q3 2025 BTC purchase (2,772 BTC) and $1.9B revenue surge highlight institutional growth amid Trump-era regulatory support. - Broader slowdown in institutional BTC buying, ETF outflows, and geopolitical risks temper bullish momentum despite CEO's commitment. - MicroStrategy's Saylor predicts $150k Bitcoin by year-end, citing SEC tokenized securities progress, but faces stock declines mirroring BTC's dip. - Miners pivot to AI infrastructure, diversifying revenue as Bernstein upgrades valuations

Coinbase's

holdings saw significant growth in the third quarter of 2025, as the platform acquired 2,772 BTC—its largest quarterly purchase since the start of the year, . The company’s revenue climbed to $1.9 billion, marking a 25% rise from the previous quarter, fueled by increased institutional trading and favorable regulatory conditions during the Trump administration, . Despite these advances, experts highlight a general decline in large-scale Bitcoin acquisitions by institutions, casting doubt on the durability of the recent bullish trend.

This development comes amid a turbulent global economic environment. While

CEO Brian Armstrong has indicated ongoing BTC accumulation, analysts cite ETF withdrawals and geopolitical instability—including tariff threats from the Trump era—as factors slowing down purchases. Last week, Bitcoin spot ETFs, previously a major source of demand, saw $799 million in net withdrawals, with BlackRock’s iShares Bitcoin Trust (IBIT) leading the outflows, per . 's Vetle Lunde cautioned that without BlackRock’s involvement, alternative coin ETFs may find it difficult to match Bitcoin’s level of institutional adoption.

Bitcoin Updates Today: Slower Bitcoin Accumulation Drives Broader System Integration Efforts image 0

At the same time, MicroStrategy’s Michael Saylor remains optimistic, forecasting that Bitcoin could reach $150,000 by the end of the year,

. His company acquired an additional 397 BTC valued at $45.6 million in November, raising its total holdings to 641,205 coins, as noted by . Saylor pointed to regulatory advancements, such as the SEC’s approval of tokenized securities, as vital for the asset’s long-term stability. However, some critics argue that MicroStrategy’s shares—which fell nearly 13% in October—reflect Bitcoin’s recent drop from its $126,000 peak, according to .

The decrease in accumulation also signals a shift in strategy among mining companies.

have raised their valuations for Bitcoin miners, highlighting their expanding involvement in AI infrastructure. Companies such as Core Scientific and Riot Platforms are converting energy resources for use in data centers, diversifying their income as crypto prices fluctuate. This evolution points to a broader trend: institutions are increasingly prioritizing AI operations over Bitcoin’s volatility.

Regulatory changes in Hong Kong and Singapore are adding further complexity. The Hong Kong Monetary Authority’s Ensemble initiative is working to tokenize government bonds, while Singapore recently froze $150 million in assets tied to a Bitcoin scam,

. These actions illustrate a worldwide effort to blend blockchain with traditional finance, but also indicate increased regulatory scrutiny for crypto-focused firms.

Looking forward, opinions among market analysts are divided. Standard Chartered projects that tokenized real-world assets (RWAs) could reach $2 trillion by 2028, while DeFi platforms such as

are grappling with governance issues after an eight-hour outage, as described in . For Bitcoin to achieve Saylor’s $150,000 forecast, the market will need to address ETF outflows, stabilize macroeconomic uncertainties, and maintain institutional trust. As one analyst remarked, “The next stage of expansion will demand more than just accumulation—it will require deep integration into the financial system.”

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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