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@vcococ
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961 Followers
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🌊 Institutional Bitcoin Wave Spreads Globally
🔹 Barclays, one of the largest banks in the UK, has just invested $131M in BlackRock's Bitcoin ETF (IBIT), officially joining the list of major banks with exposure to Bitcoin through ETFs, after Goldman Sachs and JPMorgan.
🔹 Avenir Group, a Hong Kong-based investment and asset management company, has just revealed that it is holding $599M in Bitcoin ETF, one of the largest investments in BTC in Hong Kong.
🔹 SBC Medical Group, a cosmetic corporation with branches in Japan, Vietnam and the US, announced the purchase of 1 billion yen of BTC (~$6.7 million USD) 0 reply
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Solana continues to dominate DEX volume, reaching over $60 million this month, nearly double Ethereum’s $34 million. Since October, Solana has consistently outperformed DEX volume, most notably in January 2025 with $258 billion, compared to Ethereum’s $86 billion. Notably, despite low fees, Solana still generated $25 million in revenue this month, compared to Ethereum’s $16 million, largely due to the memecoin craze. This has helped support the SOL-ETH ratio, which peaked at 0.09 and is now at 0.075. 0 reply
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