Institutions are buying Bitcoin like it’s late 2020
The amount of Bitcoin available on derivatives exchanges hits its lowest since May 11, before the China miner rout took hold.
The amount of Bitcoin available on derivatives exchanges hits its lowest since May 11, before the China miner rout took hold.
The first week of August may have sparked a market-wide rally in crypto, but institutional outflows from Bitcoin (CRYPTO: BTC) focused funds still persisted.
#AMC #bitcoin #AMCearnings Yahoo Finance’s Myles Udland, Brian Sozzi, and Julie Hyman discuss AMC earnings and the announcement that the company will be accepting bitcoin for payment. Watch the 2021…
Bitcoin and the broader crypto market is continuing its ascent back towards $50,000 even in the face of regulatory headwinds coming out of Washington, D.C.
The dominance of Bitcoin transactions of values above $1mm doubled year-over-year, hinting at a rising institutional involvement in the cryptocurrency space.
Bitcoin serving as a means of payment continues to be adopted by large companies, with the latest to outline such plans – AMC Theatres.
Vote day for the Senate infrastructure bill is here, while BTC price action continues to cement higher support.
Only 9.4% of Ether is held in centralized exchanges, the least since 2018.
“There seems to be a shift in the sentiment in the market compared to a few months back,” said hedge fund executive director Ulrik Lykke.
The congressional debate surrounding impending crypto amendments is still alive as legislators remain undecided. This week, reporter Joseph Zeballos-Roig said that congressional crypto talks “remain unresolved” and that senators are…