Cathie Wood was impressed that Bitcoin “moved in a very different way” compared to the equity market in response to the recent banking crisis.
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Cathie Wood was impressed that Bitcoin “moved in a very different way” compared to the equity market in response to the recent banking crisis.
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The Digital Assets division within Fidelity Investments will have around 500 total staff members by the first quarter of 2023, according to a spokesperson.
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Apollo Capital CIO Henrik Andersson said there will come a point when not investing in crypto will be a “career risk.”
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The data from CoinShares shows a weekly inflow of $193 million, with more than half of that figure going to Bitcoin alone. Solana is also getting attention and broke a record in the process.
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The number of Bitcoin addresses holding at least 1,000 BTC has risen in recent weeks.
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Some analysts are expecting big things for Bitcoin in the near future when all the institutional selling has completed and capital gets deployed to the market.
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More than 70% of financial executives surveyed are closely watching what everyone else is doing with Bitcoin before they decide on investing their companies’ cash reserves in it.
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$89 billion dollar investment giant BlackRock now indirectly holds Bitcoin after MicroStrategy purchased 21,454 Bitcoin this week.
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