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Institutional investors are “not giving up on crypto,” with recent data pointing to as much as 85% of Bitcoin buying being the result of American institutional players, according to Matrixport’s chief strategist. Markus Thielen, the head of research and strategy at the financial services firm, told Cryptox the evidence shows that
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With over $159 billion quarterly crypto traded volume from more than 108 million verified users, Coinbase has attracted more institutional investors during the 2022 bear market.Coinbase Global Inc (NASDAQ: COIN), a centralized publicly traded cryptocurrency exchange, recorded a slight bump in trading volume in January 2023, according to a report
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Bitcoin Mining: A Positive or Negative Indicator for the Future of Crypto? Source
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Bitcoin is back to its crab-like price action as macroeconomic forces fight with new developments in the crypto industry. The number one crypto by market cap has seen one of its bloodiest years, but it maintains a positive outlook for 2023. As of this writing, Bitcoin (BTC) trades at $16,800 with
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Bitcoin (BTC) failed to break above the $17,250 resistance on Dec. 11 and subsequently faced a 2.2% correction. More importantly, the last daily close above this level was over 30 days ago — reinforcing the thesis of size sellers near the $330 billion market capitalization mark.Curiously, this valuation level is
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A recent survey sponsored by the Nasdaq-listed crypto exchange Coinbase shows that institutional investors increased their allocations during the crypto winter. The firm emphasized that there is “a strong signal of the acceptance of crypto as an asset class” and “the price outlook over the long term remains positive.” Coinbase’s Institutional
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LEO, the native token of the Bitfinex exchange, has recorded positive gains as the crypto market struggles to gain footing. The utility token saw a price increase of 4.24% on the day. It also enjoyed an impressive 11% surge in the last 7 days. LEO’s price surge comes as rival exchange
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On-chain data shows Bitcoin funding rates have turned positive, suggesting there have been some fresh long openings on derivative exchanges. Bitcoin Funding Rate
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Avalanche price has depicted positive movement over the last 24 hours. Over the past 24 hours, the coin has appreciated by 3%. In
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