2 mins read

BitMine, Mystery Whale Snap Up $882M in Ether Amid Institutional Buying Wave

Institutional appetite for Ether shows no sign of slowing, with blockchain data revealing nearly $882 million in ETH purchases by two entities as of late. Public Bitcoin mining firm BitMine Immersion Technology led the charge, scooping up 106,485 Ether (ETH) worth roughly $470.5 million over the past 10 hours. The miner’s latest haul brings its […]

3 mins read

AI power crunch may lead to more institutional investment in Bitcoin Mining

Bitcoin mining companies and artificial intelligence data centers are increasingly competing for access to cheap, sustainable energy, which could trigger renewed institutional investment in the mining sector over the next decade. AI data centers with deep capital reserves are beginning to outbid miners for power infrastructure, with more Bitcoin (BTC) miners getting “priced out” or […]

3 mins read

Bitcoin Institutional Demand Points to Higher BTC Prices Next

Key points: Coinbase’s institutional Bitcoin trading volume hits 75% — something which has always seen BTC price rises a week later. Institutions are buying a lot more Bitcoin than is being mined daily. Risk assets are finding reasons to be bullish again as the US economic policy outlook improves. Bitcoin (BTC) is due for fresh […]

2 mins read

Bullish Raises IPO Target to $4.8B as Institutional Crypto Interest Grows

Digital asset exchange operator Bullish raised the target valuation for its initial public offering by almost 60% to potentially $990 million, a move that may reflect growing investor appetite amid renewed momentum in crypto-related stocks. Bullish now plans to sell 30 million shares at $32 to $33 apiece, Bloomberg reported Monday, citing recent regulatory filings […]