Bitcoin Demand Surges in 2024 as Institutional Investors Drive Market
Institutional Bitcoin demand grows in 2024 as spot ETFs see 278,000 BTC inflows, with whale wallets gaining traction and prices reaching near-record highs.
Crypto Enthusiast and News Writer
Constance Mutharimi is a crypto enthusiast and News writer.His articles dive in both financial technology to create knowledge and awareness.
Institutional Bitcoin demand grows in 2024 as spot ETFs see 278,000 BTC inflows, with whale wallets gaining traction and prices reaching near-record highs.
Bitcoin's last sub-$10 price marked 12 years ago, highlighting its massive growth as investors reflect on its journey to near $74,000 highs.
Bitcoin's market dominance rises close to 60%, its highest since 2021, as investor confidence grows, potentially extending gains over altcoins.
Ripple’s Chris Larsen lambasts SEC Chair Gensler’s regulatory approach, calling him the “worst public servant” in a recent interview with CNBC.
Russia’s new crypto law, effective Nov. 1, grants expanded authority to restrict Bitcoin mining and enhances the Federal Tax Service's oversight.
Shiba Inu's burn rate jumped 232% in a day with 9 million SHIB burned, yet the weekly total remains low, down by 84%.
Bitcoin holds $67,000; a bullish pattern suggests a potential surge towards $116,000. Analysts anticipate a major bull run soon.
Crypto markets plunge after Tether investigation rumors surface, with meme coins seeing sharper declines and notable analysts highlighting potential rebounds.
Vitalik Buterin clarifies recent ETH sales by the Ethereum Foundation, explaining fund allocations while confirming his holdings have recently increased.
Ethereum focuses on scalability with EIP-4444 and Helios, addressing storage challenges while enhancing transaction verification and interoperability.
Solana’s recent trading volume surge surpasses EVM chains but is driven by low-liquidity pools and meme coins, leaving Ethereum’s dominance unchallenged.
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