Circle has launched cirBTC on Ethereum, but the larger play is to make wrapped Bitcoin look like collateral infrastructure institutions can route through DeFi, OTC desks, lending markets, treasury systems, market makers, and settlement …
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Institutions
- Altcoin Highlights
Animoca Brands Secures VARA VASP License in Dubai to Serve Institutions
by adminby adminAnimoca Brands has secured a Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA), clearing the way for the company to broaden its crypto operations across the Middle East. The …
The Bitcoin price climbed back above $71,000 over the weekend, extending its rebound after one of the sharpest sell-offs of the cycle sent the price briefly plunging toward $60,000 earlier this week. The recovery …
Bitcoin price slipped from 24-hour highs near $116,000 to around $110,000 overnight, as large on-chain movements from both the U.S. government and BlackRock fueled speculation about potential institutional repositioning. According to on-chain analytics, the …
NFT & Metaverse
BTC price at Risk? Institutions No Longer Absorbing Newly Mined Bitcoin
by admin
by admin
Key takeaways: BTC demand fell below daily mining supply for the first time in seven months. Spot Bitcoin ETFs saw $1.67 billion in net outflows since Oct. 11. Bitcoin treasury firms trading below NAVs …
