Institutions not so interested in Bitcoin at $58K, metric shows
10x Research’s Markus Thielen says one stablecoin metric is key to indicating institutional interest in Bitcoin, but it’s not flashing green right now.
Related Posts


This Startup Is on a Quest to Make Decentralized Exchanges Viable for Pros
The founders of the Vega Protocol believe that the concept of order book-based decentralized exchanges is not quite dead yet.A key component of their quest to reinvigorate the concept was announced on Wednesday as a research paper. Titled “Market-Based Mechanisms for Incentivising Exchange Liquidity Provision,” the paper devises a method to overhaul the market making…

Goldman Sachs: Gold Will Hit $2,300 by 2022. What About Bitcoin?
A depreciating US dollar as a reserve currency coupled with investors looking for attractive alternatives could see both BTC and gold rise. 2181 Total views 28 Total shares Major investment banking company Goldman Sachs says the price of gold will rise 20% to reach $2,300 before the end of 2022.The commodity hit new record highs…

Here’s why Chiliz (CHZ) multi-team NFL partnership and Web3 expansion plan could be bullish
One of the biggest challenges cryptocurrency projects face is finding the right type of real-world integration and a use case that can spark a new waves of adoption.Integrating blockchain and cryptocurrency with professional sports has been the expected "next wave" for some time and Chiliz (CHZ), a protocol focused creating a fan engagement platform for…

Nearly half of crypto copy traders are Gen Z, says Bitget report
Younger investors are more likely to take part in copy trading or social trading and take advice from social media influencers, according to the crypto exchange. 252 Total views 4 Total shares Generation Z crypto investors are more likely to engage in copy trading or social trading, an investment method that involves mirroring someone else's…

Startup demos upcoming decentralized GPU infrastructure network to OpenAI, Uber
A project that started out as an institutional-grade quantitative trading system for cryptocurrencies and stocks has transitioned to become a decentralized network sourcing GPU computing power to serve increasing demand for artificial intelligence (AI) and machine learning (ML) services.Io.net has developed a test network that sources GPU computing power from a variety of data centers

Price analysis 6/21: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC, LTC, DOT
BlackRock’s application for a spot Bitcoin exchange-traded fund (ETF) has encouraged other financial firms to follow suit. First, it was the New York-based asset management fund WisdomTree, which made a new filing on June 21 for a Bitcoin (BTC) ETF. This was then followed by investment manager Invesco, which reactivated its application for a spot ETF.These announcements…

Turkey Residents Panicking Over Massive Inflation
Turkish are losing faith in its local fiat currency, with confidence in the lira falling 20% this year. Rampant inflation is affecting Turkish residents’ confidence in the lira fiat currency. According to a Reuters report on August 14, locals are dumping lira and converting it to dollars and buying gold. Even with market interventions and reassuring…

3 tips for protecting Bitcoin profits amid Ethereum ETF mania
Looking to protect the millions you've made from crypto during the Bitcoin-Ether ETF mania before this bull run comes crashing to an end? Here are a few ideas.