Bitcoin Institutional Investment Grows But Slowly
@MorganStanley enters the U.S. bitcoin ETF market, but Blockstream CEO Adam Back warns institutional adoption will be slower than expected, potentially taking up to 18 months. #Update #Crypto $BTC
Focuses exclusively on news and developments pertaining to Bitcoin, the first and most prominent cryptocurrency.
@MorganStanley enters the U.S. bitcoin ETF market, but Blockstream CEO Adam Back warns institutional adoption will be slower than expected, potentially taking up to 18 months. #Update #Crypto $BTC
Twenty One Capital CEO Jack Mallers highlights Bitcoin’s onchain auditability over gold, with 43,500 BTC worth $3.35 billion in treasury. #Update #Crypto $BTC
Institutional investors injected $1.2 billion into digital assets, led by $933 million in Bitcoin inflows, pushing total assets under management to $155 billion #Update #Crypto $BTC (+8) ↗
Bitcoin’s recent rally, up 20% since February, is largely attributed to @Strategy’s $7.2B Bitcoin purchases, surpassing BlackRock’s holdings; analysts predict continued buying through STRC issuance. #Update #Crypto $BTC
Galaxy Digital reports a $216M Q1 loss amid crypto market contraction, but CEO Novogratz credits Hyperliquid for mitigating further losses. $BTC price action and macroeconomic factors remain concerns. #Update #Crypto
FBI investigates $1M drained from Nai Ping Hou’s accounts into gold and $BTC amid his suspicious disappearance. Authorities probe financial activity linked to possible kidnapping. Crypto
Canada’s federal government plans to ban crypto ATMs to combat rising fraud, impacting nearly 4,000 machines nationwide. #Breaking #Legal
Sze Man Yu Inos sentenced to 71 months for defrauding elderly with fake Bitcoin investment scheme, ordered to pay $769,355.67 restitution and forfeit $684,848.34. #Breaking #Legal
Bitcoin nears a critical test at $79K, with support at $65K crucial for confirming a bottom, says analyst Willy Woo. Capital flows have turned positive. #Update #Crypto $BTC
Billionaire investor Paul Tudor Jones claims $BTC is the best hedge against inflation, highlighting its fixed supply versus gold. He warns that stock markets are overvalued and may face corrections. #Update #Crypto $BTC
Canaan secures follow-on order from Tether for custom hash board modules, deploying to South America in 2026. Co-designed with ACME Swisstech, these modules enhance immersion mining efficiency. #Update #Crypto $USDT
Tether is expanding its Bitcoin mining infrastructure with modular systems, collaborating with Canaan and ACME Swisstech to enhance efficiency and control. #Update #Crypto
Michael Saylor at the Bitcoin Conference 2026 predicts a Bitcoin ($BTC) price rally and a credit boom, citing strong capital inflows and limited supply as key factors. #Update #Crypto $BTC
html h3Trump’s Bitcoin Reserve Could Be Near As White House Signals Major Updatehtml h3 The White House hints at a significant update on cryptocurrency, potentially impacting $BTC reserves. Stay tuned for developments. #Update #Crypto $BTC