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Cryptoquant Report Reveals Faltering Global Bitcoin Demand Despite Recent Spike
28.8.2024
A recent report from Cryptoquant reveals that comments by Federal Reserve Chairman Jerome Powell sparked a surge in U.S. bitcoin demand last week, though overall global demand remains weak. The report highlights the mixed signals in the market following the Fed’s announcement. Analysis Says...
Cryptoquant: Bitcoin Demand Remains Weak Despite Accumulation by Long-Term Holders
21.8.2024
Recent data from Cryptoquant researchers indicate that bitcoin demand growth continues to show signs of weakness. Despite this, the report notes that long-term holders have been accumulating bitcoin at unprecedented levels, providing some resilience to the market. Report Shows Bitcoin Demand...
Bitcoin demand sharply declined since April — CryptoQuant
20.8.2024
The slowdown in Bitcoin demand can be attributed to a sharp decline in purchases in the United States
Bitcoin to spend ‘considerable time’ at $66K, HODLing could change that
24.7.2024
Bitcoin is just 12% shy of all-time highs, but a trader says it could stay in this zone for at least the next few months unless demand comes through
BitGo integrates Stacks for Bitcoin rewards, following institutional Bitcoin demand
18.7.2024
The integration comes due to growing institutional demand for Bitcoin, according to Stacks’ ecosystem investor lead
Bitcoin Demand to Rise on Back of ‘Unsustainable’ Deficit, Inflation, says Grayscale
11.4.2024
According to Grayscale, recent inflation figures may have a short-term negative impact on crypto, but continuous inflation will ultimately increase sentiment towards cryptocurrency.
The post Bitcoin Demand to Rise on Back of ‘Unsustainable’ Deficit, Inflation, says Grayscale appeared...
Skybridge Founder: Bitcoin Halving Not Priced in — BTC Has ‘a Lot More’ Upside
7.4.2024
Skybridge Capital founder Anthony Scaramucci remains bullish on bitcoin, dismissing the notion that the potential benefits of the upcoming halving are already priced in. He emphasized that bitcoin has significant room for further growth, noting that the crypto could “trade to half of...
Institutional Investors and ‘Whales’ Push Bitcoin Demand to New Heights
27.3.2024
Bitcoin is experiencing a significant liquidity crisis as demand for it soars, with Cryptoquant analysts reporting a monthly demand increase from 40,000 BTC to 213,000 BTC, fueled by a rise in accumulation addresses and institutional investments through spot bitcoin ETFs in the US. The imbalance...
Mark Cuban: Bitcoin Demand to Outpace Supply, BTC Is a Great Store of Value
8.3.2024
Billionaire investor Mark Cuban, a minority owner of the National Basketball Association (NBA) team Dallas Mavericks, expects the price of bitcoin to go up due to the supply-demand dynamic. “I do feel that the demand is going to exceed the number of people selling,” he explained...
Galaxy Digital Sees ‘Tremendous Global Demand for Bitcoin’ — CEO Says ‘There’s a New Army of Buyers’
3.3.2024
Galaxy Digital CEO Mike Novogratz sees “a tremendous global demand for bitcoin,” emphasizing: “This is probably the first time in the history of bitcoin that we have true price discovery.” Noting that there is “a new army of buyers” and there is also “an...
Michael Saylor Expects Bitcoin Demand to Double After Halving and Spot Bitcoin ETF Approvals
9.11.2023
Microstrategy Chairman Michael Saylor expects the demand for bitcoin to double after the halving and the approvals of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). The Microstrategy executive says the next 12 months will be “pretty auspicious...
Report: US ETFs Signal Renewed Bitcoin Interest; BTC’s Limited ‘Hot Supply’ Eyes Bull Market
6.8.2023
As interest in bitcoin exchange-traded funds (ETFs) heats up, a new report from blockchain analytics firm Glassnode examines how much bitcoin is actually available for purchase. The report, titled “How Many Bitcoin Are For Sale?” published on June 26, 2023, looks at exchange flows...
Analyst Says Duke Energy Corporation Is Studying Bitcoin Mining Applied to Demand Response
4.7.2022
According to the lead rates and regulatory strategy analyst at Duke Energy Corporation, the second-largest U.S. energy corporation is currently studying bitcoin mining. Lead analyst Justin Orkney said that a bitcoin demand response (DR) study was being worked on and the energy firm is partnered...
Breaking 'bear market' in Bitcoin demand will spark next BTC price surge — analysts
20.1.2022
Several well-known pundits agree on the power of a potential shake-up in supply and demand for Bitcoin this year
World’s Largest Asset Manager Blackrock Sees ‘Very Little’ Demand for Cryptocurrencies
15.7.2021
The world’s largest asset manager with $9.5 trillion under management, Blackrock, sees “very little” demand for cryptocurrencies, including bitcoin, according to CEO Larry Fink. Blackrock’s CEO Talks About Crypto Demand Larry Fink, the CEO of Blackrock, the world’s...
JPMorgan Warns of Incoming Bitcoin Bear Market Citing ‘Unusual Development’ in Futures
14.6.2021
Investment bank JPMorgan Chase has warned of a further bitcoin price decline, expecting an incoming bear market. The bank’s analysts look at the trend in bitcoin futures and see “an unusual development and a reflection of how weak bitcoin demand is at the moment from institutional...
Shark Tank’s Kevin O’Leary Expects Flood of Institutional Money Into Bitcoin When ESG Standards Are Met
26.5.2021
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has predicted that a flood of institutional money will flow into bitcoin once miners have addressed the renewable energy and environmental, social, and governance (ESG) issues. He said the flood will begin when bitcoin meets the ESG standards...
Paypal CEO Says Demand for Cryptocurrencies Is ‘Multiple-Fold’ of Initial Expectations
28.4.2021
The CEO of payments giant Paypal, Dan Schulman, has revealed that the demand for cryptocurrencies has been “multiple-fold” of his company’s initial expectations. Paypal’s Venmo recently began rolling out cryptocurrency features to enable Venmo users to buy, sell and hold...
Oaktree Capital Founder Howard Marks Changes His Mind About Bitcoin as Demand Soars and Price Jumps 10x
28.3.2021
Oaktree Capital’s Howard Marks has warmed up to bitcoin. He admitted that he had a knee-jerk reaction to the cryptocurrency and dismissed it too soon. Since then, the price of bitcoin has risen tenfold as demand for the cryptocurrency soars among retail and institutional investors. Howard...
Bitcoin demand from Goldman Sachs clients 'is rising,' says COO
10.3.2021
John Waldron said the investment management firm would “continue to evaluate” and “engage on” crypto for customers