Bitcoin price may slide toward $30K as institutions dump 450% of daily BTC supply
Bitcoin’s institutional support weakened as ETFs and companies dumped almost 2,000 BTC daily and Strategy’s buying lost momentum.
2 headlines
Bitcoin’s institutional support weakened as ETFs and companies dumped almost 2,000 BTC daily and Strategy’s buying lost momentum.
cirBTC gives Circle a BTC wrapper, but the harder test is whether custody, reserves, liquidity, and redemption controls can win institutional use. The post Circle wants wrapped Bitcoin to look bank grade before institutions trust it as collateral appeared first on CryptoSlate .