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NEWS FLASH: Bitcoin Spot ETFs purchased $2.7B worth of $
BTC
this week, indicating strong investor demand for #Bitcoin exposure.
#BTC
#ETF
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[IMPORTANT: Binance Celebrates 8 Years with $125 Trillion Traded and 280 Million Users] #Binance, the world's largest crypto exchange, has processed over $125 trillion in digital asset trades since its 2017 launch and now serves 280 million users globally. The platform holds 41% of the global spot trading market and continues to expand services including savings, payments, and institutional loans. Despite regulatory challenges and a $4.3 billion U.S. fine, Binance is increasing compliance investments and rapidly growing its VIP and institutional client base.
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[IMPORTANT: Vanguard Emerges as Largest Shareholder in #Bitcoin-Focused #Strategy] Vanguard has acquired an 8% stake in MicroStrategy (Strategy), becoming the largest shareholder despite previously criticizing Bitcoin. MicroStrategy, under Michael Saylor, recently added 4,225 $BTC, increasing its Bitcoin holdings to 601,550 $BTC. The investment signals growing institutional interest in Bitcoin-centric firms even among initially skeptical investors.
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NEWS FLASH: #Grayscale Investments has confidentially submitted a draft IPO registration to the SEC, signaling potential public offering plans.
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NEWS FLASH: #MicroStrategy purchases 4,225 $BTC between Jul 7 - Jul 13 at an average of $111,827 (total: $472.50M)
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NEWS FLASH: MicroStrategy acquired 4,225 $BTC for $472.5M at an average price of $111,827 per Bitcoin between July 7–13, increasing its #Bitcoin holdings.
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