Despite Bitcoin's 50% collapse from its all-time high, Coinbase's head of institutional strategy says sovereign wealth funds, family offices, and major institutions are aggressively buying the dip.
Institutions are expected to double their digital asset portfolio exposure from 7% to 16% within three years, according to new research from State Street.
Onramp launches a multi-institution BTC custody solution in collaboration with BitGo, aiming to facilitate and foster institutional adoption of bitcoin.
Hash rate hit an all-time high, miners seem to be done selling bitcoin, institutions are still interested and long-term holders continue to stack sats.