K33 Research reports a 21% surge in institutional adoption of Bitcoin ETFs in Q2. This is driven by a 262-firm increase, with market makers leading the charge.
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Category: Bitcoin
Trump Names Cantor Fitzgerald CEO To Co-Lead Transition Team Amid Crypto Ties
Cantor Fitzgerald CEO Howard Lutnick has been selected to co-lead Donald Trump’s transition team with WWE co-founder Linda McMahon, underscoring crypto sector’s potential role.
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Institutional Interest in Bitcoin Wanes as Market Caution Grows; Minting Ratio Drops to $1.4B
Institutional interest in Bitcoin is slipping, with the minting ratio plunging from $2.7B to $1.4B, signaling growing market caution.
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Crypto Miner Bitdeer Plans $150M Public Offering for Data Center Expansion
Singapore-based cryptocurrency mining company Bitdeer Technologies Group has revealed plans to raise $150 million through a public offering of convertible notes set to mature in 2029.
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Bitcoin Funding Rates Plummet on Binance as Short Positions Dominate Market
Bitcoin funding rates on Binance have dropped to their lowest levels of the year, reflecting a marked shift in market sentiment.
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Bitcoin Price Nears $58,000; U.S. Retail Sales Surge and Job Data Surprise
Bitcoin hovers near $58,000 as stronger-than-expected U.S. retail sales and surprising job data add uncertainty to the market outlook.
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Majority of Institutional Investors Increased Bitcoin ETF Holdings in Q2: Bitwise
In the second quarter of 2024, approximately 66% of these investors either maintained or increased their Bitcoin ETF positions.
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Bitcoin Sinks Below $60K as CPI Data Dashes Hopes for Aggressive Fed Rate Cuts
Bitcoin tumbles below $60K as U.S. inflation data dims hopes for significant Fed rate cuts, triggering market-wide volatility and investor caution.
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Top Crypto Performers Today August 14 – Toncoin, Aave, Notcoin
On a day when major cryptocurrency prices dipped, despite US Consumer Price Index (CPI) inflation data that supported the idea that the Fed will begin cutting interest rates as soon as next month, traders looked for shelter in top crypto performers today in the altcoin markets.
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Coinbase Hints to Launch Wrapped Staked BTC ‘cbBTC’ on Base Chain
cbBTC could refer to Coinbase’s own wrapped Bitcoin product, which would potentially be launched on the Layer-2 chain Base.
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