Wall Street is poised to embrace cryptocurrency, according to Hunter Horsley, CEO of Bitwise Asset Management. Horsley predicts full integration within the next 12 months, with major financial […]
ARKK ETF Doubles Down on Crypto, Growing Holdings to Over 17%
ARK Innovation ETF, managed by Cathie Wood, has made a bold move by increasing its cryptocurrency holdings significantly, now accounting for over 17.7% of the portfolio. This significant […]
Virtu Financial Acquires $63 Million in XRP Despite Market Sell-Off
Wall Street trading firm Virtu Financial recently made headlines by acquiring $63 million worth of XRP amid significant sell-offs impacting the cryptocurrency market. This acquisition, while not fully […]
Bitcoin Breaks Through $8 Billion Barrier: What’s Driving the Recent Surge?
Despite a broader cryptocurrency market downturn following a significant decline earlier this month, Bitcoin shows resilient demand with its onchain activity continuing to grow. This includes increased investor […]
XRP Sees Massive Surge in New Users: Institutional Interest Fuels Growth
The Ripple network witnessed a staggering 100% increase in new user registrations, with over 9,900 wallets created on October 30th. This surge aligns with growing institutional interest and […]
Massive Ethereum Accumulation Raises Concerns, Potential Market Impact Highlighted
A substantial accumulation of 9,272 ETH has been reported, linked to suspected Bitmine or SharpLink addresses. This move underscores a significant shift in institutional interest towards Ethereum and […]
TeraWulf Secures $1.025 Billion for Texas Data Center Expansion
TeraWulf Inc. has closed a significant financing round of $1.025 billion, securing the capital to support the development of a large-scale data center campus in Abernathy, Texas. The […]
Bitmine Acquires Major Ethereum Holdings From Galaxy Digital
Crypto investment firm Bitmine has made a significant move by acquiring 7,660 Ether (ETH) from Galaxy Digital, signifying growing institutional confidence in the Ethereum ecosystem. This transaction follows […]
Institutional Buying Resurfaces as Retail Trader Caution Grows
A recent surge in institutional purchases of Ethereum signals a shift towards cautious accumulation, despite ongoing retail trader hesitancy. Galaxy Digital’s large-scale transfers to BitMine suggest that major […]
Institutional Interest Fuels Bitcoin Surge, But Can Momentum Hold?
Recent data reveals a significant shift in the Bitcoin market dominated by institutional buyers. As highlighted by Binance’s impressive average spot order size of $1.96 million and rising […]
Solana ETF Inflows Surge Amidst Institutional Capital Rotation Away From Bitcoin and Ethereum
Institutional investors are increasingly shifting their capital towards next-generation blockchain projects, exemplified by a significant surge in demand for Solana ETFs. This shift represents a strategic redirection of […]
BitMine Acquires $29M in Ethereum: Boosting Market Position
BitMine, a prominent player in the crypto market, has significantly bolstered its holdings of Ethereum, acquiring $29 million worth of the cryptocurrency. This strategic move is seen as […]
Crypto Market Shows Modest Recovery Amidst US Stock Gains
The cryptocurrency market has experienced a gradual recovery in recent months, coinciding with the continued bullish trend seen in major US stock indices over the past six months. […]
Bitcoin’s Resilience Amidst Controversial Claims
Recent claims about Bitcoin’s impending collapse have been refuted by key sources like official channels and respected figures in the industry. Despite these rumors, cryptocurrencies continue to demonstrate […]
FalconX Acquires 21shares; Evernorth Unveils XRP Fund: Signals of Institutional Crypto Interest
Institutional investment in cryptocurrency is surging, leading to key developments like FalconX’s acquisition of 21Shares and Evernorth’s launch of an XRP fund. This trend shows increasing institutional interest […]