Bitmine’s aggressive accumulation of Ethereum isn’t just another headline; it’s a signal that a new corporate strategy may be taking shape in the digital asset space. At a time when most firms are still cautiously exploring digital assets, Bitmine is moving with conviction, building one of the largest ETH positions and signaling a shift in…
Amid 2017’s roaring bull run, which saw the crypto market’s value swell from $20 billion to $800 billion, institutional players, such as hedge funds and endowments, were evidently hesitant to step foot in this industry. But now, analysis done by Morgan Stanley indicates that institutions have begun to accumulate crypto en-masse, presumably due to the fact…
A crypto project has revived the investors’ trust in initial coin offerings by raking in $19.5 million via crowdfunding. Caspian, a Cayman Island-based project, achieved its hard cap before the set date, implying a successful kick-start for the development of its institutional crypto trading platform. A beta-testing round of the platform is live already, which…
Yesterday, Bitcoin experienced a major breakout through $12,000 and in a flash was trading above $13,000. Buying on exchanges is picking up, which is, in turn, driving up prices. However, a “massive” wave of OTC buying suddenly could also be contributing to the bullish impulse. Here’s how. Bulls Push BTC To New 2020 High, Is…