Bitcoin’s recent rally has caught the attention of investors and analysts, with many speculating about the driving forces behind the surge in price. It appears that the rally may be more a result of a lack of sell-side liquidity rather than a significant increase in fresh demand. This dynamic on Binance has created a situation where the price of Bitcoin could experience sharper fluctuations in the near future.
Institutional sentiment towards cryptocurrencies is also diverging across global markets. In the United States, Harvard University has quietly entered the crypto space by investing $116 million in Bitcoin ETFs. This move adds significant institutional weight to the cryptocurrency market, signaling growing confidence from traditional investors. However, in Japan, the launch of the country’s first crypto ETF has been delayed due to regulatory hurdles.
Data from CryptoQuant suggests that Bitcoin’s recent price surge on Binance is driven more by a shortage of supply rather than a surge in buying activity. This is evident in the shrinking Taker Volume and Limit Order Volume, indicating that there are fewer aggressive buyers and sellers in the market. The thin order book leaves the market vulnerable to sharp price drops if large sell orders suddenly hit, highlighting the potential for increased volatility.
Harvard’s investment in Bitcoin ETFs comes at a time when institutional interest in cryptocurrencies is on the rise. SEC filings for Q2 2025 reveal that Harvard has allocated a significant sum to BlackRock’s IBIT Bitcoin ETF, making it one of the university’s largest equity holdings. This move showcases Harvard’s confidence in the long-term potential of Bitcoin and the broader cryptocurrency market.
On the other hand, Japan’s foray into the crypto ETF space has hit a roadblock, with SBI Holdings clarifying that no applications have been submitted for a Bitcoin-XRP dual ETF. Regulatory uncertainties and legal revisions are delaying the launch of crypto ETFs in Japan, despite some progress being made in June. The lack of a confirmed framework or timeline suggests that the launch of Japan’s first crypto ETF could be months away.
Overall, the current market dynamics point to a tightening of liquidity and growing institutional interest in cryptocurrencies. As Bitcoin’s price continues to experience fluctuations, investors should remain vigilant and stay informed about the latest developments in the crypto market. The World Health Organization (WHO) has issued a new warning about the rise of antibiotic-resistant bacteria, which poses a serious threat to global health. Antibiotics are a crucial tool in modern medicine, used to treat bacterial infections and save countless lives. However, the misuse and overuse of antibiotics have led to the development of antibiotic-resistant bacteria, also known as superbugs.
Superbugs are bacteria that have evolved to resist the effects of antibiotics, making them difficult or impossible to treat. This can lead to longer and more severe illnesses, increased risk of complications, and even death. The rise of superbugs is a major concern for public health officials around the world, as it threatens to undermine the effectiveness of antibiotics and undo decades of progress in the fight against infectious diseases.
One of the main drivers of antibiotic resistance is the overuse of antibiotics in both humans and animals. In many countries, antibiotics are readily available without a prescription, leading to their misuse for minor illnesses or as a preventive measure. In addition, antibiotics are often used in animal agriculture to promote growth and prevent infections, further contributing to the development of superbugs.
To combat the rise of antibiotic-resistant bacteria, the WHO is calling for urgent action at the global, national, and local levels. This includes improving the surveillance of antibiotic resistance, promoting the appropriate use of antibiotics in healthcare settings, and implementing policies to restrict the use of antibiotics in agriculture.
Individuals can also play a role in the fight against antibiotic resistance by using antibiotics only when prescribed by a healthcare professional, completing the full course of treatment, and not sharing antibiotics with others. It is also important to practice good hygiene, such as washing hands regularly and practicing safe food handling, to prevent the spread of infections.
In conclusion, the rise of antibiotic-resistant bacteria is a serious threat to global health that requires immediate action. By working together to promote the responsible use of antibiotics and implement effective strategies to combat antibiotic resistance, we can help preserve the effectiveness of these life-saving drugs for future generations.