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Bitcoin and other cryptos are reeling still from Thursday’s inflation numbers: why does the market keep going down?

Norway has topped up its exposure to Bitcoin and bought more MSTR and Metaplanet shares: here are the numbers.

Plus, Political pressure on the Federal Reserve has intensified, with the White House urging interest rate cuts and considering changes to the central bank’s leadership. This clash raises the likelihood of a dovish policy shift, which could lower benchmark rates and erode the yield advantage of Treasuries. 

Such a move would reshape the competitive landscape for income-focused investments, potentially boosting interest in equity-based yield strategies like the Infrastructure Capital Equity Income ETF (ICAP). Actively managed and positioned for income optimization, ICAP could find itself operating in a markedly different environment. As political and monetary forces converge on the markets, it’s important for investors to stay informed.

Click here to discover the ICAP’s relevance for your portfolio.

TOP STORY

Bitcoin, Ethereum, XRP Teeter Following Inflation Scare: Why Is The Crypto Market Suddenly On Edge?

U.S. Treasury Secretary Scott Bessent on Thursday confirmed the government will not be buying additional Bitcoin for its strategic reserve, saying the holdings will grow only through confiscated assets.

Speaking to Fox Business, Bessent also projected that tariff revenues could exceed earlier forecasts, potentially surpassing $300 billion this year.

"We're not going to be buying that, but we are going to use confiscated assets and continue to build that up," Bessent said of the Bitcoin reserve, which he estimated to be worth "somewhere between 15 and 20 billion" at current prices. "We're going to stop selling that."

What does that mean for the price of BTC?

Read the full scoop here. 

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Policy Crossroads: How Infrastructure Capital’s ICAP ETF Could Be Well-Positioned Amid An Ugly Power Struggle

Political pressure on the Federal Reserve has intensified, with the White House urging interest rate cuts and considering changes to the central bank’s leadership. This clash raises the likelihood of a dovish policy shift, which could lower benchmark rates and erode the yield advantage of Treasuries. 

Such a move would reshape the competitive landscape for income-focused investments, potentially boosting interest in equity-based yield strategies like the Infrastructure Capital Equity Income ETF (ICAP). Actively managed and positioned for income optimization, ICAP could find itself operating in a markedly different environment. As political and monetary forces converge on the markets, it’s important for investors to stay informed.

Click here to discover the ICAP’s relevance for your portfolio.

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QUICK N DIRTY

Bitcoin, Ethereum, Dogecoin, XRP are continuing to slide after Thursday negative inflation surprise: here’s what’s driving the market.

XRP is down 6% this week, all the while ETH continues to pump: why is XRP underperforming?

Circle has announced a public offering of another 10 million shares valued at $130 each: here are the details about that.

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FINTECH FOCUS

Norway’s Sovereign Wealth Fund Doubles Down On Bitcoin Via MSTR, Metaplanet Investments

Norway’s sovereign wealth fund sharply increased its indirect Bitcoin holdings in the second quarter, according to a Standard Chartered analysis of U.S. SEC 13F filings.

Geoffrey Kendrick, head of digital assets research at Standard Chartered, said Norges Bank Investment Management, which manages the country’s sovereign wealth fund, grew its Bitcoin-equivalent exposure from 6,200 BTC to 11,400 BTC, an 83% increase from the previous quarter.

The position remains concentrated in shares of Strategy, with a smaller addition of roughly 200 BTC equivalent via Japanese-listed Metaplanet.

Read the full scoop here. 

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