Institutional investors don't decide to buy #Bitcoin at a certain price. They make a decision to buy a certain amount in dollars, usually hundreds of millions, and then buy over time regardless of price movements. — link

JPMorgan, Sept 2017: "#Bitcoin is a fraud that will eventually blow up"

JPMorgan, Jan 2021: "#Bitcoin reaching $146,000 should be considered as a long-term target”

Bitcoin's price could reach above $146,000 over the long term, say JPMorgan strategists — link

#Bitcoin is about to reach $𝟭𝟬 𝗧𝗿𝗶𝗹𝗹𝗶𝗼𝗻 of total value transfered.

Not a single one of those transactions used of a bank, let that sink in.

Bloqport: 2021 Crypto Market Outlook — read

A16z, Coinbase intend to challenge FinCEN's proposed crypto wallet rules in court should it become law — link

There is currently 2.25 million $ETH staked on eth2 which is worth $2.3 billion!

This represents ~2% of the current circulating supply of $ETH.

Grayscale removes XRP from its Digital Large Cap Fund — link

1,882 $BTC ($60 million) was just sent to Bithumb.

CoinDesk Acquires TradeBlock, Adding Indexes and Pricing to News, Events Offerings — link

ADA flips XRP in the top 10

An accurate representation of DeFi 😆

Ripple's Series C lead investor Tetragon sues the company after SEC's lawsuit — link

UPDATE: Ripple says that Tetragon's lawsuit "has no merit."

"We are disappointed that Tetragon is seeking to unfairly take advantage of the lack of regulatory clarity here in the U.S." — link

NEW: Multinational gambling company IGT files patents for gamblers to pay for bets in #Bitcoin through smartphones — link

01/05/21 UPDATE: Net Assets Under Management, Holdings per Share, and Market Price per Share for our Investment Products.

Total AUM: $23.3 billion

MicroStrategy made waves among institutions and bitcoiners alike when it began buying #bitcoin. Now the company is up more than $1 billion on its investment. — link

$20 billion locked in DeFi

Source: DeFipulse

Billionaires buying Bitcoin
Hedge funds buying Bitcoin
Pension funds buying Bitcoin
Public companies buying Bitcoin
Investment banks buying Bitcoin

In 2021, we’ll see governments hold #Bitcoin on their balance sheets. — link

NEW: One River Asset Management has worked with Coinbase to invest an undisclosed amount in cryptocurrency, which the exchange is calling “one of the largest digital asset trades in history” — link