The Bitcoin community is divided on institutional interest

The first adopters of Bitcoin are not likely to cease to be skeptical about the institutional adoption of as soon as possible, explains Preston Pysh, co-founder of Bitcoin Venture Fund Ego, Preston Pysh. “Part of this culture that brought her where she is, is to look at where everything goes and say no, no, no, … Read more

Bitmin, Mystery Whale Snap Up $ 882 million in Ether in the middle of a wave of institutional purchase

The institutional appetite for the ether does not show any signs of slowdown, the blockchain data revealing nearly 882 million dollars of ETH purchases by two entities in recent times. The public company Bitcoin Mining Bitmin Immersion Technology led the charge, collecting 106,485 ether (ETH) worth around 470.5 million dollars in the last 10 hours. … Read more

AI Power Crunch can lead to more institutional investment in bitcoin extraction

Bitcoin mining companies and artificial intelligence data centers are increasingly competing for access to inexpensive and sustainable energy, which could trigger a renewal of institutional investments in the mining sector during the next decade. AI data centers with deep capital reserves begin to overcome minors for power infrastructure, with more bitcoin minors (BTC) being “price” … Read more

Bitcoin institutional demand points to higher BTC prices

Key points: The volume of institutional trading of Bitcoin de Coinbase reaches 75%, which has always seen the price of the BTC increase a week later. The institutions buy much more bitcoin than what is exploited daily. Risk assets again find reasons to be optimistic as the prospects for American economic policy are improving. Bitcoin … Read more