The passage of a Bitcoin spot ETF opened the door to the cryptocurrency market for many new buyers, allowing them to allocate Bitcoin in their portfolios. However, the passage of an Ethereum spot ETF has a less obvious impact.
JinseFinanceAbstract: Former founder of Polygon: Babylon is seriously underestimated.
JinseFinanceMicroStrategy, led by CEO Michael Saylor, acquires 12,000 BTC at $68,477 each, totaling 205,000 BTC worth $6.91 billion, surpassing BlackRock's holdings. Strategic investment coincides with Bitcoin's all-time high, signaling institutional adoption.
Xu LinThe Ethereum ($ETH) market witnessed notable whale accumulation, with over $1 billion added in holdings despite recent price stagnation. Ethereum trades at $2,300, reflecting a 78.5% surge in 12 months, while Bitcoin soared by 170%. Institutional inflows in crypto investment products reached $2.2 billion in a year, with Bitcoin-centric products leading at $1.93 billion. Solana ($SOL) attracted attention, gaining $167 million in investments post FTX's collapse, surpassing Ethereum's inflows. Analysts maintain bullish sentiments, predicting ETH to hit $10,000 and foreseeing potential price surges post Bitcoin ETF approval.
Xu LinEl Salvador legislates expedited citizenship for Bitcoin donors, further integrating cryptocurrency in governance.
Kikyo
BitcoinworldThe software company also sold a small amount of the cryptocurrency for the first time.
OthersA push towards the top of the intraday trading range places Bitcoin in line for a bull flag on daily timeframes.
CointelegraphMove over Heard Vs. Depp, Wright Vs. McCormack is here to command the world’s attention. On one corner, the only ...
BitcoinistBitcoin SV joins the hard fork in posting dismal price performance as the dust settles on the Terra UST debacle.
Cointelegraph