Tags : Institutions

Market

Institutions Not Worried About Bitcoin Dropping Below $40K, Options Data

Despite bitcoin’s rapid $3,000 fall from new record highs seen Sunday, institutions seem confident about the cryptocurrency’s long-term prospects. The cryptocurrency dropped to $47,790 earlier on Monday, after just failing to pass the psychological hurdle of $50,000 over the weekend. So far, however, are there are few signs of preparations for deeper losses in the […]Read More

Market

Bitcoin Falls as Miners Sell, Institutions Watch Yellen

Bitcoin’s price dropped as much as 10% during early trading hours on Tuesday as bitcoin miners started selling a large amount of the cryptocurrency for the first time since October. There is not enough demand to absorb the additional coins on the market because institutions want an idea of how the new Biden Administration will […]Read More

Market

Institutions Use This Strategy to Hide Their Bitcoin Orders

Institutional investors and speculators trading large quantities of bitcoin are taking on a new method to hide the real sizes of their trades. They are doing so – many times with the quiet help of many major exchanges – to cut the risk of exposing their intent to the market, be they bullish or bearish, which […]Read More

Bitcoin

Bitcoin dominance back to 2019 levels as institutions fill their

The world’s pioneer cryptocurrency has bounced back to glory after the DeFi summer stole much of the limelight. Bitcoin’s dominance rises to 68% As per data on tracking site CoinMarketCap, Bitcoin’s market share dominance is now at 66% after a long “DeFi summer” and a mini-alt season in October. These levels were last seen in […]Read More

Litecoin

Institutions are buying Litecoin (LTC) at a 1,200% price premium

Litecoin demand among institutional investors on Grayscale Investments surged last week ahead of the protocol’s Mimblewimble upgrade and as fears of inflation have risen among US investors, as per reports. Litecoin sees 1,000% premiums Data from on-chain analytics firm Arcane Research showed Litecoin briefly traded at a 1,200% premium on Grayscale’s newly launched Litecoin trust. […]Read More

Market

On-Chain Data Suggests More Institutions Are Buying Bitcoin Over the

Despite bitcoin trading near all-time highs, more institutions continue to buy bitcoin, and they’re using over-the-counter (OTC) trading firms to keep their purchases from impacting the overall market.  Unlike retail investors or smaller institutions that use crypto exchanges, large institutions usually trade bitcoin through the OTC market, noted John Todaro, director of institutional research at […]Read More