Institutional Shift? Jane Street Turns Toward Ethereum After Reducing Bitcoin ETF Exposure

For long, Bitcoin has remained the major target for institutional investors, but lately Ethereum is turning up strongly on their radars too. Many companies have begun to accumulate the leading altcoin at a significant rate, with some even dumping a portion of their Bitcoin holdings to buy more ETH. Jane Street Shows Interest In Ethereum […]

Farage’s $6.7M Crypto-Linked Gift Raises Eyebrows After $1.8M Home Acquisition

A parliamentary ethics probe is now underway and focused on Nigel Farage, leader of the UK’s Reform Party, after reports surfaced that the government official bought a $1.8 million property weeks prior to entering office — a purchase made possible, at least in part, by a $6.7 million personal gift from a crypto billionaire. Related […]

South Korea’s Hana Bank Makes History With $670 Million Bet In Top Crypto Exchange

Hana Financial Group, one of South Korea’s four largest banking conglomerates, announced on May 15 that its flagship Hana Bank has approved the purchase of a 6.55% stake in Dunamu — the operator of Upbit, South Korea’s dominant crypto exchange — from Kakao Investment for approximately 1 trillion Korean won, equivalent to roughly $670 million, […]

Bitcoin Is Only One Leg From Hitting A Bottom, But How Low Can It Go?

Crypto analyst Bee has forecasted a major price bottom for Bitcoin (BTC), the world’s largest digital currency. Despite its recent rally above $80,000, the expert still believes that BTC remains in a broader bearish market, likely viewing the latest price gains as a temporary bounce. While some analysts think that Bitcoin’s downtrend is over and […]

ETF Bitcoin Holdings Has Barely Moved Despite Major Price Decline

After multiple retests, the Bitcoin price has finally lost the pivotal $80,000 level once again as the broader market turned bearish. However, many investors are still demonstrating confidence in BTC despite its bearish performance as seen via the exchange-traded products. Bitcoin Price Slides, But ETF Investors Refuse To Sell As Wednesday approached its end, Bitcoin’s […]

Ethereum Shows Signs Of Strength With Stronger Network Activity Supporting Growth

While the price of Ethereum may have slightly pulled back, the underlying structure and fundamentals continue to show signs of strength. At the same time, the ETH network is demonstrating robust performance as transaction activity sees a steady increase across the blockchain. Growing Network Strength Pushes Ethereum Back Into Focus Ethereum’s recent upward momentum in […]

Bitcoin’s Institutional Footprint Expands Exponentially Across Markets – Here’s How Much They Hold

At the beginning, Bitcoin, the largest cryptocurrency asset by market cap, was particularly common among retail investors who saw the coin as a speculative asset rather than an actual store of value. However, years later, the cryptocurrency has become a major target for large firms, acquiring the asset at a significant rate. Institutional Bitcoin Holdings […]