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The total amount of Bitcoin held in accumulation addresses has surged to over 2.9 million BTC, doubling from 1.5 million at the beginning of the year. This significant increase, achieved in just 10 months, highlights a growing interest in Bitcoin as both institutional and retail investors strengthen their positions. The total $BTC amount in #Bitcoin … Read more
Bitcoin institutional investors are pausing for thought while BTC price struggles to overcome resistance. Go to Source
Bitcoin’s upcoming price recovery will be driven by a handful of unique factors. Go to Source
The percentage of Bitcoin supply held by addresses that bought within the last 12 months has reached its highest point in two years, signaling renewed interest from newer investors. This surge has been driven in part by a significant inflow of capital into Bitcoin exchange-traded funds (ETFs). According to data from @intotheblock, Bitcoin ETFs saw … Read more
Bitcoin could reach six figures sooner than expected, driven by surging institutional flows into exchange-traded funds (ETFs), economic instability, and the U.S. presidential election, according to the chief investment officer of asset management firm Bitwise. The executive highlights factors like growing GOP support for cryptocurrencies and inflation concerns pushing investors toward BTC. With regulatory clarity … Read more
Users must first mint a non-fungible token on the Base layer-2 network to redeem the NFT for the upcoming crypto-native device. Go to Source
Growing demand for US dollar-backed stablecoins and regulatory uncertainty in the US are the key reasons for stablecoins thriving in other jurisdictions. Go to Source
After the launch of spot Bitcoin and Ether ETFs, investors eagerly await the potential debut of XRP and Solana ETFs, which could significantly impact crypto markets. Go to Source
Demand for leverage in BTC futures jumped to $38 billion, but traders appear well-positioned enough to avoid surprise price swings. Go to Source
Monochrome Asset Management has announced the launch of the Monochrome Ethereum ETF (IETH), marking Australia’s first exchange-traded fund (ETF) that provides direct access to ethereum. Trading under the ticker ‘IETH’ on Cboe Australia, the ETF will be available on most Australian brokerage platforms, allowing local investors to gain exposure to ethereum through a direct-holding structure. … Read more