Yes

>>A life insurance company has secured $82 million to offer policies paid in Bitcoin, raising questions about increasing institutional interest in the cryptocurrency.

A life insurance company has secured $82 million to offer policies paid in Bitcoin, raising questions about increasing institutional interest in the cryptocurrency.

crypthub

about 18 hours ago

Bitcoin-Denominated Insurance and Institutional Adoption

Meanwhile, a Bermuda-based firm, has secured $82 million in funding, led by Pantera and Haun Ventures, bringing its total to over $120 million since launch. This firm offers life insurance policies denominated entirely in Bitcoin, allowing policyholders to borrow up to 90% of their Bitcoin policy value tax-free. The investment signifies a growing acceptance of Bitcoin within traditional financial institutions, particularly in the realm of insurance. This trend indicates an accelerating shift towards integrating digital assets into regulated financial products.

Bitcoin’s Movement into Mainstream Finance

Institutional investments in Bitcoin ETFs have already exceeded $60 billion, suggesting a structural shift toward Bitcoin’s mainstreaming. Bitcoin-linked insurance and retirement products are projected to reach over $10 billion in managed exposure by mid-2026. Meanwhile's structure allows for lending premiums to regulated institutions, mirroring traditional asset-liability frameworks.

Technical Analysis and Future Price Predictions

Bitcoin’s price currently consolidates near $122,800, maintaining its broader uptrend, though a "Bearish Butterfly" harmonic pattern is approaching a potential reversal zone between $128,000 and $130,000. Despite minor pullbacks, support remains strong, and a breakout above $126,240 could propel BTC toward $130,000, with a longer-term target near $171,000. Momentum indicators remain balanced, hinting at continued upward pressure.

New Meme-Fueled Token: Maxi Doge ($MAXI)

Maxi Doge ($MAXI) is a new community-driven token fusing trading intensity with gym-bro energy, offering staking rewards, trading contests and gamified events. Its smart contract has undergone audits by SolidProof and Coinsult. The presale has already raised over $2.8 million, with tokens priced at $0.000261, set to increase as the presale progresses.