ProBit Bits — ProBit Global’s Weekly Blockchain Bits Vol. 147

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 Bitcoin’s Road to Recovery: Momentum Signals a Potential Breakout

Bitcoin is showing signs of renewed strength, with a key momentum indicator—the Relative Strength Index (RSI)—hinting at a break from its four-month slump. While this usually signals a bullish trend, many traders remain cautious, suggesting that prices could still dip before attempting to soar toward new highs. Economic events, like the upcoming PCE inflation report, add to the uncertainty and may influence whether Bitcoin continues climbing or faces another pullback. Meanwhile, rising stablecoin reserves on a major exchange indicate growing purchasing power, suggesting investors are preparing to enter the market. Despite short-term holders feeling the pressure, optimism for a lasting recovery lingers.

 Crypto ETFs Surge in Popularity as U.S. Advisors Boost Allocations

Crypto exchange-traded funds (ETFs) are drawing increasing attention from U.S. financial advisors, with over half planning to boost their positions this year. Once seen as risky, crypto has now become a major conversation topic among professionals, reflecting a more open stance from regulators. Many advisors find crypto equity ETFs, which invest in companies like MicroStrategy or Tesla, simpler to grasp because they’re tied to familiar, publicly traded businesses. Meanwhile, spot and multi-token ETFs are also gaining traction. As new products hit the market, staying informed about these rapidly evolving options is critical, signaling that crypto’s footprint in mainstream finance is here to stay.

 Tokenizing Tomorrow: DigiFT’s On-Chain Funds Unveil a New Investing Era

DigiFT, a Singapore-regulated crypto exchange, is introducing a groundbreaking approach to investing by launching index funds with tokenized shares of real-world stocks—including giants like Apple and Tesla. Working alongside investment firm Hash Global, DigiFT is rolling out two new products: one focused on leading AI companies, and another tracking top cryptocurrencies such as Bitcoin and Ether. Instead of relying on traditional brokers and banks, the funds use smart contracts and stablecoins, letting investors easily buy, sell, and view their holdings on the blockchain. This innovation offers round-the-clock access, improved transparency, and enhanced liquidity, signaling a bold shift in portfolio management.

 Crypto’s Cross-Border Promise: A Global Talent Revolution

As cryptocurrency usage grows, businesses can no longer ignore its impact on how they hire and pay workers. Thanks to crypto’s ability to bypass geographical limits, companies are tapping into a truly international talent pool, easily sending salaries via stablecoins without relying on traditional banks. This shift removes barriers like high transfer fees or restricted accounts, making global hiring more affordable and efficient. As physical location becomes less critical, skills take center stage and workers everywhere need to sharpen their expertise. In a world where crypto transactions flow freely, the workforce becomes more mobile and job markets are transformed—distance is no longer a deal-breaker.

 Mt. Gox Shuffles $1B in BTC: Third Major Transfer This Month

Defunct Japanese crypto exchange Mt. Gox made another noteworthy move on Tuesday, transferring nearly $78 million in bitcoin to its hot wallet and almost $930 million to a separate change wallet. This marks the third significant on-chain shuffle within the past month, following similar shifts of $900 million and $1 billion. Unlike last year’s transfers, which sparked fears of large-scale creditor selloffs, these new transactions haven’t rattled the spot market—perhaps due to the extended payout deadline of October 31, 2025. While the massive BTC holdings remain in flux, investors appear calmer, signaling a change in sentiment surrounding Mt. Gox’s legacy.

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