The market is still in profit despite Bitcoin’s price slump
Bitcoin holders maintain an optimistic outlook as NUPL remains in positive territory despite recent volatility.
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Bitcoin holders maintain an optimistic outlook as NUPL remains in positive territory despite recent volatility.
Andjela Radmilac 3 min read
Although the options platform is not officially for sale, it confirmed that a variety of parties have expressed interest in strategic investments.
Bitcoin is currently under pressure from macro risks but any retracement below $80,000 presents a "medium-term" buying opportunity, according to Standard Chartered.
According to Matt Hougan, the demand from this companies could impact the Bitcoin market in a positive and significant way.
Italy's Intesa Sanpaolo reportedly joins a growing number of financial institutions embracing Bitcoin amidst heightened corporate demand.
BlackRock expands iShares Bitcoin Trust to Canada after leading US Bitcoin ETF inflows.
Mid-term and veteran holders increase their Bitcoin stakes despite price slump.
Both assets register $2.5 billion in assets under management currently, with a little over $500 million in inflows registered last year.
BlackRock also advocated Bitcoin exposure through its spot ETF, IBIT, as it deems direct exposure complex for many.