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Bitcoin Surges Past $90,000: Trump's Win and Institutional Buying Fuel Record HighBitcoin's price has skyrocketed recently, reaching a record high of $89,253 (early morning Beijing time on November 12th), less than a week after the US presidential election. This surge not only pushed Bitcoin to new heights but also triggered a significant inflow of capital, with iShares Bitcoin Trust (IBIT), managed by BlackRock, now exceeding the size of one of the largest gold ETFs, iShares IAU

Ethereum (ETH) Rebounds From Key Support, Institutional Investors Continue AccumulationEthereum (ETH) declined over 1% on Friday, but a key technical support level suggests a bounce from $2490, with signs of accumulation evident in on-chain metrics.Institutional Investors Continue to Flood into EthereumDespite the broader market correction, Ethereum exchange-traded funds (ETFs) saw a net inflow of $13 million on Thursday, marking three consecutive days of inflows, highlighting the gradual allocation of institutional funds to ETH

Bitcoin "Golden Cross" Resurfaces, Institutional and Retail Demand Rise in Tandem, Market Outlook PositiveBitcoin (BTC) has recently exhibited robust performance, forming a crucial technical pattern known as the "Golden Cross." This signal, which occurs when the 30-day moving average (30-DMA) crosses above the 365-day moving average (365-DMA), is generally perceived as a strong bullish indication for the market

Bitcoin Rebounds Strongly After Consolidation: Institutional Investment and Elections Fuel Market Optimism?Yesterday (October 10th), Bitcoin's price retreated to the $60,000 level, entering a narrow range of consolidation. However, it continued to fluctuate downwards overnight, reaching a low of $58,900, its lowest point since September 17th

Bitcoin's Surge: Institutional Entry, Market Transformation, How Do Investors Respond?Bitcoin's price fluctuations have been exhilarating, like riding a rollercoaster, recently breaking through $65,000, once again becoming the market's focus. Is this behind market recovery, or institutional planning, or retail investors blindly following the trend? Let's delve into this digital currency game

Nasdaq Recovers, Bitcoin Plunges, Hong Kong Stocks Decline: Market Volatility Amidst Institutional Optimism for Chinese AssetsFollowing declines across the three major U.S

Macquarie Bullish on Bitcoin Mining Companies, Citing Institutional Value Transfer and AI ApplicationMacquarie has initiated coverage on Bitcoin miners including Riot Platforms (RIOT.US), Marathon Holdings (MARA

Bitcoin Poised for Breakout in Q4: Institutional Demand and Innovation Drive Cryptomarket GrowthAs the fourth quarter of 2024 approaches, analysts anticipate continued growth for Bitcoin and the broader cryptocurrency industry, driven by institutional adoption and favorable market conditions. Several analysts believe key indicators suggest Bitcoin's price will surge in October, propelled by institutional buying and an evolving regulatory landscape, with projections of new highs ranging from $58,000 to $72,000

Bitcoin Plunges Over 7%, Breaking Below $52,900: Weak US Job Data, Institutional Outflows, and Miner Selling Pressure IntensifyBitcoin (BTC) price experienced a significant drop on September 7, plummeting over 7% and breaking below $52,900 for the first time since late July. This sharp decline has sparked widespread concern among investors and cryptocurrency enthusiasts, with many speculating about Bitcoin's next move

Interest Rate Cuts Are a Done Deal, Crypto Market Poised for a Bull Run, Will Institutional Accumulation Spark a New Bull Market?Interest rate cuts are basically a done deal. While this is long-term bullish, it's not a short-term catalyst for immediate price surges

Bitcoin Spot ETFs Continue to Attract Investment: Institutional Investors Increase Exposure, Morgan Stanley Becomes First Wall Street Bank to Recommend ThemThe second quarter of this year witnessed a surge of capital flowing into Bitcoin spot ETFs, which debuted in January, as more traditional investors embrace the asset class. This trend is evident in the latest data from regulatory filings, revealing increased participation from hedge funds, pension funds, and banks

Goldman Sachs and Morgan Stanley Significantly Increased Bitcoin ETF Holdings in Q2, Reflecting Institutional Investor InterestMorgan Stanley also demonstrated interest in BlackRock's iShares Bitcoin ETF, disclosing ownership of 5.5 million shares, valued at $188 million