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Bitcoin’s 23% Week Is Institutional Money, Not Retail, Says Pantera’s Cosmo Jiang
Bitcoin has seen a significant weekly gain of over 23%, pushing its price to $77,412. Pantera Capital portfolio manager Cosmo Jiang attributes this surge not to retail investors, but to institutional "smart money" entering the market. Key catalysts include President Donald Trump's support for the Clarity Act and the U.S. Treasury's bond buyback plans, which have driven non-yielding assets higher.
Soulbound Moves to Steam as Paid Game, Launching This Summer
The blockchain-based MMO Soulbound, formerly Worldwide Webb, is shutting down its current servers this summer and transitioning to a non-blockchain version called Soulbound: Online on Steam. Developed by SpiderWare, the new version will feature pixel-art graphics, roguelike dungeon adventures, and co-op gameplay, with a demo planned soon and paid early access launching this summer. Existing NFT holders will receive compensation in the form of exclusive Founder Packs or retained premium cosmetics and balances.
