News with the tag "institutional interest"

A recent report by CryptoQuant analyst Burak Kesmeci highlights an intriguing development in the cryptocurrency market: 8,455 Bitcoin was withdrawn from Coinbase in a single block on December 9, 2024. This significant movement, which translates to over $280 million at current prices, points to risin...

Institutional interest and economic uncertainty are driving forces behind the accelerated global adoption of cryptocurrencies, according to a report from MatrixPort.

Recent data reveals that bitcoin wallets holding between 0.1 and 1 BTC have grown by an impressive 9,563 since the year began. Meanwhile, the number of crab wallets containing 1 to 10 BTC has shrunk by 7,783. Bitcoin dolphins, sharks, and whales, those with between 100 to 10,000 BTC, made a noticeab...

Global financial services firm Cantor Fitzgerald has launched a Bitcoin (BTC) financing division to give leverage to investors who hold the asset. The company also revealed that it holds large amounts of Bitcoin sparking a frenzy in the crypto community. This year, institutions have increased their ...

According to the latest U.S. Securities and Exchange Commission (SEC) 13-F filing from Ark Invest’s and 21shares’ ARKB fund, the State of Michigan Retirement System (SMRS) acquired approximately $6.59 million in ARKB shares. This news follows an announcement by Steven Fulop, the mayor of Jersey City...

Ahead of the spot ether exchange-traded funds (ETFs) launch, U.S. spot bitcoin ETFs experienced their 12th consecutive day of inflows, accumulating $533.57 million on Monday. This influx marked the highest gains for the 11 funds since June 4. Blackrock’s IBIT Dominates Bitcoin ETF Inflows On Monday,...

Ether price could double during the 2025 bull cycle, thanks to increased institutional interest introduced by ETH ETFs, according to Bybit’s head of institutions.

Japanese-based company Metaplanet Inc has announced an addition to its Bitcoin (BTC) holdings amid its bullish stance. The company disclosed a board resolution to acquire ¥250 million worth of Bitcoin in line with its recent strategy. This comes as the price of the market leader hovers around $68,00...

Recent data shared by a renowned analyst suggests a notable surge in Cardano transactions exceeding $100,000 over the past three months. This spike is seen as a potential indicator of heightened interest from institutional players and whales. This also indicates an upcoming price surge for ADA. The ...

Bitcoin (BTC) is trying to regain its footing after a sharp decline in price in 2022, with a notable uptrend … Continued The post Finance expert says ‘literal perfect storm’ is brewing for Bitcoin appeared first on Finbold .