Bitcoin (BTC) dropped -0.33% in the last 24 hours, currently trading near $111,389. Market sentiment remains stable but slightly cautious.
Trading Insights.
,Peter Schiff, has claimed that BTC could experience a sharp drop to $75,000, although this is a speculative prediction
Project and Technology Updates.
1 ARK Invest reports that BTC ETFs now control around 12.2% of total supply, highlighting growing institutional demand.
2 Polygon (POL) has launched a new zkEVM upgrade, which will double transaction speed.
3 BounceBit (BB) has unveiled a new staking model for institutional investors.
4 OpenLedger (OPEN) is working on a DeFi bridge integration, making cross-chain fund transfers easier.
Big Investors Moves Updates.
1 69% of institutional investors plan to increase crypto exposure this quarter, according to State Street.
2 BlackRock and Grayscale have once again taken a strong position in BTC ETF inflows.
3 ARK Invest has submitted a new proposal regarding the potential approval of an Ethereum ETF.
Institutional money is returning to the crypto market, and this is today’s biggest news.
