“Despite Short-Term Demand Jitters, Saphira’s Jeff Dyment Says Btc’s Institutes Adoption Is Acceleration in Cyclical Waves, Not Stalling, with Options Data Backing Up.”, – WRITE: www.coindesk.com
Fund Manager Jeff Dyment of Saphira Group Wants You to Zoom Out and Stop Sweating The Short-Term Charts.
His thesis: Data Points that suggest institctional bitcoin
Buying is Lozing Steam
Miss The Bigger Picture.
In a note Shared with Coindesk, Dyment Argues that Fears of Fading Institutional Demand for Bitcoin Are Overblown, Rooted in Narrow Snapshots of the Market.
YES, ETF and CORPORATE PURCHASES HAVE COOLED RECENTLY – Michael Saylor’s Strategy Boughst Just 16,000 BTC Last MONT, DOWN Sharply From December’s 171.000 BTC HAUL. But This, Dyment Insists, Is Not A Sign of Deckline. IT’s A Natural Ebb in What He Calls A “Cyclical Wave” of Adoption.
“Institutional Flows Often Come in Waves Racher Than A Stedy Linear Increase,” Dyment Wrote. “Short-Term Demand Fluctuations in the Spot Market Are Minor Ripples on What Is, In Fact, A Rising Tide of Institutional Engase.”
Dyment Points to the Addition of 51 New Corporate BTC Treasuries in the First Half of 2025 Alone, Equal to the Total From 2018 to 2022 Combined, and A 375% YEAR-OER-ORESEA.
Public Companies Now Hold 848,902 BTC, OR APROXIMATELY 4% OF THE TOTAL SUPPLY, WITH Q2 2025 Alone Seeing 131,000 BTC Adeded To Their Balance Sheets.
He Also Highlights of the Explosive Growth of Bitcoin Etfs As Further Evidence of Deapening Institutional Participation. Blackrock’s ibit Fund, Now The Largest in the World, Holds 699,000 BTC, More Than 3.3% of Total Supple, After Become The Fastest-Growing Etf in History.
US SPOT ETFS HAVE COLLECTIVELY CAPTURED APROXIMATELY 1.25 Million BTC, or Roughly 6% of the Total Supple, in Just 18 Months Since their Launch, He Points Out in the Note.
Dyment’s Thesis is Finding Echoes in the Options Market.
In QCP Capital’s Recent Note, The Singapore-Based Fund Pointed to Whales That Continuing to Build Exposure to Upside Risk, Snaping Up September $
“VOLS REMAIN Pinned Near Historical Lows, But A Decisive Breach of the $ 110k Resistance Could Spark A Renewed Volatility Bid,” QCP Wrote in a Monday Note.
SO While Bears May Point to Stagnant Spot Flows and the Nearly Empty Mempty Mempool as Signs of Fatigue, Dyment Argues Those Are Just Surface-Level Rippples.
Underneath, The Tide is Rising, and Wall Street, with Its Trillions Upon Trillions of Regulated Capital, Is Hungry for Crypto. I Just Not Going to Come All at Once.
(Coindesk)
BTQ Pushes Quantum-Safe Framework for StablecoinsBTQ Technologies have introduced the quantum stablecoin settlement Network (QSSN), A Framework Designed to Help Banks, Payment Firms, and Digital Asset Putors Firms Firms Threats from quantum computing.
In a a a a a a a a aper release, Btq Detailed Howled How The System Could Support Quantum-Secere Versions of Popular Stablecoin Models, Including JPMorgan’s Proposed USDACen (JPMD, Including JPMorgan’s Proposed Updig, Propossed PopMorgan’s, Propossed pvit, Propossed pcoin Like MINING AND BURNING WITH DUALPTHPHRAPHIC SIGNATES (ECDSA AND FALCON-512), While Preserving Compatibility with Existing Token Standards, Workflows, And Wallets.
The Launch ComESS As the Stablecoin Market Surpasses $ 225 Billion and Lawmakers Push for Regulation With An Eye on CybersEcity.
The Genius Act, Currently Advanceing in the Us Congress, Wound Formalize Federal Standards for Fiat-Backed Stablecoins and Encourage Quantum-Safe Architecture.
BTQ, WHICH HAS WORKED WITH NIST FOR OVER A DECADE, AIMS TO Shape Those Standards and Position Qssn As Critical Infrastructure.
Market MovementsBTC: Bitcoin Fell 1.02% from July 6 at 22:00 to July 7 at 21:00, Testing Key Support at $ 107.519.64 Amid Heavy Selling, Before Staging A V-Shaped Recovery Off AT $ 106.738 and $ 98.566 Held by 1.68 Million Addresses, Account to Coindesk Research’s Technical Analysis Bot.
Eth: ETH ROSE 1.67% AMID VOLATILE TRADING, SWINGING NEARLY 3% BETWEEN $ 2,529 AND $ 2,604 As Support at $ 2.530 Held Firm, Institlational Inflows Topped $ 1.1 Billon, And Alage and Aboeve and Subsequent Sell-Off.
GOLD: Gold Dipped On a Stronger Dollar But Rebounded on Tariff-Driven Safe-Haven Demand, with Central Bank Buying and De-Dollarization Fueling Forecasts of a Rally Toward $ 4,000.
S&P 500: Stocks Fell Monday As Trump Announced New Tariffs on Imports from Seven Countries, Sending The S&P 500 Down 0.79% to 6.229.98.
Nikkei 225: Asia-Pacific Markets mostly rose despite Trump Announcing Steep US Tariffs on 14 Trading Partners, Wits Japan’s Nikkei 225 Up 0.36% AS DUTES OF UPS Indonesia, and Thailand.
Elsewhere in Crypto
- Trump is Making Bank on Crypto: Do Voters Care? (Decrypt)
- Vitalik buterin favors ‘Copyleft’ (vitalik buterin)
- The Coming Crypto Tax Bomb (Coindesk)
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