Data Analyst: There Continues to Be Mass Bitcoin Accumulation By Institutional Players

At the start of May, Bitcoin experienced its latest block reward halving. This event saw the number of BTC issued per block cut in half from 12.5 coins to 6.25, meaning that there is less supply to satisfy demand. Fortunately for buyers, demand is rapidly increasing, suggesting Bitcoin should continue to rise. Institutions Are Scooping Up Bitcoin According to technology data analyst Kevin Rooke, Grayscale Investments has seen an influx of Bitcoin investment activity over the […]

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