📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
It empowers creators to build new types of digital experiences and narratives.
With Tari, digitally scarce assets—like collectibles or in-game items—unlock new business opportunities for creators.
🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
Post original content on Gate Square related to WXTM or its
Institutional Buying Drives Bitcoin Price To ATHs, But The Real Stakeholders Will Shock You | Bitcoinist.com
Institutions Drive The Bitcoin Price To New All-Time Highs
CoinMarketCap data shows that the Bitcoin price has surged to new all-time highs, driven by massive institutional accumulation. A Blockware report indicated that this institutional accumulation is likely to continue increasing, with 36 companies predicted to add BTC to their treasuries in the second half of this year
Related Reading: Analyst Predicts Bitcoin Price Breakdown — Here’s The Best Time To BuyThe Blockware report noted that the corporate BTC adoption race is mostly being spearheaded by “brand new companies or dying companies.” The research firm stated that this is a feature, not a bug. These companies are said to have a much easier time, recognizing how easy it is to invest retained earnings into BTC and earn yields. These companies continue to accumulate at a record pace, which is bullish for the Bitcoin price
Blockware revealed that, so far in 2025, these BTC treasury companies acquired 247,000 BTC. For context, the Bitcoin ETFs, which have had the most successful launch in ETF history, have acquired 120,000 BTC this year. This underscores the significant accumulation from these treasury companies
These analysts further remarked that they expect listed corporations to allocate $205 billion in capital for Bitcoin acquisition, led by small and low-growth companies. They believe that these companies will make this move in a bid to emulate Strategy’s treasury model. Meanwhile, Bernstein predicts that $124 billion in inflows could come from Strategy alone
What’s Next For The BTC Price
Amid the recent rally to new ATHs, crypto analyst Titan of Crypto has predicted that the Bitcoin price could reach $125,000 in the short term. He noted that BTC is approaching the Head and Shoulders target of $125,000. He added that the inverse Head and Shoulders pattern is playing out perfectly and that this price target is now just a matter of when.
Related Reading: Bitcoin Open Interest Climbs Above December 2024 Levels, Here’s What Happened Last TimeMeanwhile, Titan of Crypto suggested that the Bitcoin price could still hit $150,000 in the long term. He revealed that BTC has just broken above resistance within the ascending channel and is looking to reach the upper boundary at the $150,000 level. The analyst added that the weekly Relative Strength Index (RSI) is inching closer to its trendline and that a breakout would seal the deal.
At the time of writing, the Bitcoin price is trading above $122,000, up over 3% in the last 24 hours, according to data from CoinMarketCap.