Tag: BTC

Is the Crypto Market Now Majorly Driven by Institutions?

Is the Crypto Market Now Majorly Driven by Institutions?

Quick Breakdown The crypto market has shifted from retail-driven speculation to institutional-led growth, with firms like BlackRock and Grayscale managing billions in Bitcoin and Ethereum through ETFs and trusts. Secure custody solutions (Coinbase Custody, BitGo, Fidelity Digital Assets) and strong compliance frameworks have made crypto safer and more attractive for ...

source: news.bitcoin.com

OKX 32nd Proof-of-Reserves: BTC, USDT Holdings Decline

This continued commitment to transparency underscores OKX's position as one of the most reliable centralized platforms in the industry. We're proud to release our 32nd consecutive #ProofOfReserves report! ???? ✅ Primary assets: $28.4 Billion ✅ 100% + reserves for 22 assets ✅ Independently audited by @hackenclub Don't trust, verify: https://t.co/dTwSpy5YN3 ...

80%+ of Bitcoin Held by Wallets with 10+ BTC

80%+ of Bitcoin Held by Wallets with 10+ BTC

As Bitcoin adoption continues to grow, new data from Santiment reveals an increasing concentration of ownership in large wallets while the share held by retail investors steadily declines. As of May 13, wallets holding 10 BTC or more, roughly equivalent to $1 million, now control 82% of the total mined ...

Ethereum Surges 20% Amid Lowest ETH/BTC Valuation Since 2019

Ethereum Surges 20% Amid Lowest ETH/BTC Valuation Since 2019

Ethereum recently posted a remarkable 20% gain, reaching its most undervalued level relative to Bitcoin since 2019. This price surge was driven by a substantial rise in trading activity, particularly in the derivatives market, where volume soared by 184%, according to data from Coinglass. Simultaneously, open interest in Ethereum futures ...

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