In the past week, institutional publicly listed companies have put real money into buying cryptocurrencies.
Four companies bought a total of 1,371 Bitcoins, and one of them made a big move by sweeping up more than 30,000 Ethereum, spending over $80 million.
On-chain data also shows that the market is heating up: trading volumes on decentralized exchanges and derivatives contracts have directly doubled, and stablecoins have increased by $2.19 billion—indicating that a lot of cash is ready to come in from over-the-counter channels. Has the bull market really arrived, brothers!
Four companies bought a total of 1,371 Bitcoins, and one of them made a big move by sweeping up more than 30,000 Ethereum, spending over $80 million.
On-chain data also shows that the market is heating up: trading volumes on decentralized exchanges and derivatives contracts have directly doubled, and stablecoins have increased by $2.19 billion—indicating that a lot of cash is ready to come in from over-the-counter channels. Has the bull market really arrived, brothers!
