Report: Crypto Funds Receive $160M in Investments in a Week
Last week, institutional investors pumped $160 million into crypto funds, according to CoinShares’ report.
Last week, institutional investors pumped $160 million into crypto funds, according to CoinShares’ report.
Trader activity on Binance has dropped drastically since the US Commodity Futures Trading Commission (CFTC) initiated a lawsuit against the exchange.
On Sunday, the number of transactions on Binance fell to its lowest amount since July 4, 2022.
MicroStrategy, a software provider and analyst, has recently announced that it has purchased an additional 6,455 BTC, at an average price of $23,238.
Ryan Selkis, CEO of Messari, has stated on Twitter last week that the price of Bitcoin could reach $100,000 in the next 12 months.
Binance has announced its intention to convert $1 billion of its Industry Recovery Initiative fund assets into Bitcoin, Ether and BNB.
More than $1.08B in BTC seized by the US government from the darknet marketplace Silk Road have gone into motion.
"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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