Crypto treasuries siphon $800B from altcoins, and it might be ‘forever’
Corporate crypto treasuries have attracted about $800 billion from retail investors, mainly at the expense of altcoins, according to 10x Research.
Corporate crypto treasuries have attracted about $800 billion from retail investors, mainly at the expense of altcoins, according to 10x Research.
Original source
Read on CointelegraphRelated market context
Tom Shaughnessy: Investment focus is shifting from crypto to AI, retail investors prefer AGI stocks over Bitcoin, and upcoming AI IPOs may face financial disclosure challenges | Unchained
Shifting investment focus from crypto to AI reveals changing market dynamics and potential growth challenges. The post Tom Shaughn...
SpaceX’s $75 Billion IPO at $135 Sparks Fresh Crypto Bets
Key Takeaways: SpaceX’s IPO was priced at $135 a share to raise a record $75 billion. Offering will value the company at about $1....
Ripple chases AI’s machine economy as XRPL stablecoins near $1 billion
Stablecoin liquidity on the XRP Ledger (XRPL) has nearly doubled over the past month, putting the network within reach of a $1 bil...
Elon Musk’s SpaceX IPO fever sparks $1 billion crypto bet before Nasdaq debut
Crypto traders have turned Elon Musk’s expected SpaceX listing into a round-the-clock proxy market, pushing more than $1 billion t...
JPMorgan Says the Debasement Trade Retreat Has ‘Accelerated’ for Bitcoin as June ETF Outflows Reach $2.1 Billion
The debasement trade that fueled demand for bitcoin and gold through much of this year is unwinding, and the retreat has accelerat...
Bitcoin price faces new risk as big buyers lose conviction
Bitcoin’s largest buyers are no longer behaving like a reliable backstop for the largest cryptocurrency. The exchange-traded funds...