Bitcoin will draw trillions of dollars from institutional investors over the next decade as financial advisers, family offices, pension plans and sovereign wealth funds begin to view it as a mainstream financial asset, Bitwise Chief Investment Officer Matt Hougan told CoinDesk. The first professional investors to allocate at scale will be financial advisers and family
Jiang Zhuoer, founder of the B.TOP mining pool, stated that current capital flows in the cryptocurrency market do not signal the start of a new bull market, and pointed to the possibility of a final decline for Bitcoin after a short-term rise. According to data shared by Jiang Zhuoer, the outflow trend in stablecoin supply
Bitcoin Reclaims $65K Range On Friday, bitcoin finally breached the $65,000 threshold amid escalating rhetoric surrounding BIP 110 and threats of another hard fork. Bitstamp data shows the cryptocurrency peaked at $65,340—its highest point in August so far and its first return to that level since July 27. Before 4:00 a.m. EST, however, the cryptocurrency
Wall Street giant Morgan Stanley has continued to double down on its Bitcoin holdings, drawing attention from the crypto community amid unstable market conditions. According to recent data shared by Arkham Intelligence, the renowned banking firm has bought Bitcoin continuously for the past three days. Wall Street holds $400 million of Bitcoin Just a few
A wave of law-firm alerts is warning BitGo investors about an Aug. 7 deadline. However, the cutoff applies only to those seeking to lead a proposed securities class action against the crypto custodian. Over the past few days, several law firms, including DJS Law Group, Faruqi & Faruqi, and Schall Brown & Schwartz, have issued
One of the biggest Bitcoin security stories of the year unfolded last week as a firmware exploit affecting certain Coldcard hardware wallets renewed industry debate around self-custody and operational security. At the same time, another story was developing in the background. Over the same seven trading days, U.S. spot Bitcoin ETFs attracted $790.6 million in
The code is not yet scheduled for activation, and Guida has described it as a last-resort contingency rather than an imminent fork. The codebase public release still raises the stakes around BIP-110, a proposed temporary soft fork that would restrict how much nonfinancial data can be embedded in bitcoin transactions and could place enforcing nodes
Bitcoin is trading around $65,167 on Coinbase, up roughly $900 on the day for a gain of about 1.4%. That comes less than 24 hours after the US Senate confirmed it would not vote on the CLARITY Act before the August recess. Bad news for regulation. Green candles anyway. Here is what the chart actually
Santiment, a cryptocurrency market analysis platform, has provided a detailed look at the current state of Bitcoin ($BTC) and altcoins in its latest weekly report. Analysts assessing the current direction of the market have drawn attention to the capitulation process experienced by individual investors, as well as the accumulation strategies of large-scale wallets. According to
Global gold exchange-traded funds returned to net buying in July after investors withdrew money broadly during May and June. The funds attracted $3 billion globally, marking their strongest monthly intake since April and reversing the recent selling cycle. Their physical holdings increased by 23 tonnes in one month, while total assets under management rose 1%