Coinbbang/코인빵
@coinbbang
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👏👏👏
Institutional investors buy 3% of the total supply of BTC in 2024
Friday, December 20, 2024
Cryptoslate quoted the K33 report, "Institutional investors bought a total of 859,454 BTC in 2024. This is equivalent to 3% of the total supply of BTC." The media said, "Currently, BTC spot ETF holds 1.4 million BTC, and in the case of Black Rock IBIT, it recorded a net inflow of $36.7 billion in 239 trading days, surpassing the gold ETF record. Also, as of the 16th (local time), the net asset size of U.S. Bitcoin spot and derivatives ETFs overtooked the gold fund for the first time." 0 reply
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Zhao Changfeng meets the King of Bhutan
Thursday, December 19, 2024
Zhao Changfeng, former CEO of Binance, released a related image through his X (former Twitter), saying, "I had a meeting with the King of Bhutan." He answered "of course" to a netizen's question, "Did you promote Bitcoin to them (shill)?" As of November 12 (local time), the Bhutan government holds 12,568 BTC, which is worth $1.30 billion in dollars. 0 reply
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🔥🔥🔥🔥🔥🔥🔥
Bitwise CIO "BTC is expected to be $500 million when adopting a U.S. strategic reserve"
Wednesday, December 18, 2024
According to Cointelegraph, Matt Hougan, Chief Investment Officer (CIO) of Bitwise, said in a recent interview with Yahoo Finance, "If the United States selects Bitcoin as a strategic reserve asset, it can raise the price of BTC to $500,000." He continued, "If such a thing happens in the United States or starts to happen in other countries, the 2024 bull market will have a significant aftermath of the Bitcoin market to the extent that it seems rather gentle." 1 reply
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