On Friday, bitcoin rose to an intraday peak of $ 105,246 per coin, as the collective valuation of the crypto economy expanded by 3.12%, reaching a substantial $ 3.63 trillion. Crypto Sector Value Grows Amid Growing Institutional Confidence and Trump Speculation Bitcoin (BTC) appreciated 5.7% against the U.S. dollar, marking its ascent to …
Glassnode Report Reveals $131 Trillion Bitcoin Transfer Volume and Institutional Expansion
Bitcoin has reached a historic $ 100,000 milestone, Glassnode reports, marking a pivotal moment in its evolution with over $ 131 trillion in transaction volume, a $ 2 trillion market cap, and increasing institutional adoption. Bitcoin’s $ 131 Trillion Journey According to Glassnode’s latest onchain report, bitcoin (BTC) has crossed a …
Institutional Investors Pour $376M Into Bitcoin ETFs; Ether Funds See $83M Boost
On Friday, U.S. spot bitcoin exchange-traded funds (ETFs) amassed inflows of $ 376.59 million, while spot ether funds raked in $ 83.76 million. Crypto ETFs Continue to Shine Throughout the week, the 12 spot bitcoin ETFs saw steady inflows daily, culminating in Friday’s impressive $ 376.59 million haul. Leading the charge was …
Bitcoin Breaks All-Time Price Highs: Long-Term Holders Stir as Institutional Demand Surges
Bitcoin (BTC) continues to smash new lifetime price highs and long-term holders are starting to awake from slumber, according to Glassnode’s recent analysis. Institutional Investors Anchor Bitcoin’s Ascent as Analysts Warn of Profit-Driven Sell-Offs Glassnode and analysts Cryptovizart and Ukuria OC reported that this month’s surge was driven by capital inflows of $ 62.9 …
Institutional Investors Predict Surge in Digital Asset Fund Launches, Research Finds
Institutional investors and wealth managers anticipate a sharp increase in digital asset fund launches, with 70% of those surveyed expecting a rise over the next 12 months, according to new research by Nickel Digital Asset Management. 92% of respondents also foresee traditional financial institutions entering the sector with their own funds, driven in part by […]