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Data suggests Bitcoin bull run is only just getting started, here's why
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Data suggests Bitcoin bull run is only just getting started, here's why

Wall St. Billionaires are entering crypto, plus other highlights this week

Feb 4, 2021
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Share this post
Data suggests Bitcoin bull run is only just getting started, here's why
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Paypal & Visa enter crypto banking, Mark Cuban reveals his crypto holdings, Guggenheim can finally buy $500M GBTC, Musk pumps the market again, Grayscale adds billions in crypto


The total crypto market cap is $1.3T, up 3.4% over the last 24 hours

Get the top crypto insights delivered to your inbox every week.

Quick Take:

  • PayPal to enable crypto payments

  • One of important indicators during a bull market


“We’ve done a lot of upfront thinking to consider wether we need to have Bitcoin on our balance sheet” - Twitter CFO, Ned Segal

Private equity veteran Glenn Hutchins, along with his son James Hutchins and partner Travis Scher, have launched a new venture capital crypto fund with a list of investors including hedge fund billionaire Paul Tudor Jones, Twitter COO Anthony Noto, Wall Street executive Vincent Viola and former TD Ameritrade CEO Joe Moglia.


Tesla buy $1.5 billion worth of Bitcoin but what’s next?

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: Telsa has officially bought $1.5 billion worth of #Bitcoin


The number of Bitcoin withdrawals from exchanges just reached a 3-year high

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Private equity veteran Glenn Hutchins, along with his son James Hutchins and partner Travis Scher, have launched a new venture capital crypto fund with a list of investors including hedge fund billionaire Paul Tudor Jones, Twitter COO Anthony Noto, Wall Street executive Vincent Viola and former TD Ameritrade CEO Joe Moglia.


Grayscale have just reached $30 billion worth of Bitcoin in assets

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Over the past 30 days, Grayscale have added 43,217 #Bitcoin worth $2 billion.


Miami Mayor says he’s working on a resolution this week to add Bitcoin to the city’s balance sheet

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Since the start of the year, 211 new Bitcoin whale addresses with 1,000 BTC or more were created.


More highlights:

DeFi TLV reaches $38 billion, up from just $600m in 2020

Grayscale add 104,990 $ETH, worth $180 million

Chainlink

Visa begun accepting partners to pilot new crypto API

Miller Value Funds say may "seek investment exposure to Bitcoin”

Ricardo Salinas Pliego changes his twitter bio to Bitcoin.

Ethereum flips Bitcoin in transactions


That's it, you’re up-to-date

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Disclaimer: The information provided in our reports are intended for general guidance and information purposes only. Contents of this report are under no circumstances intended to be considered as investment, business, legal or tax advice. We do not accept any responsibility for individual decisions made based on this article and we strongly encourage you to do your own research before taking any action. Although best efforts are made to ensure that all information provided herein is accurate and up to date, omissions, errors, or mistakes may occur.
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Data suggests Bitcoin bull run is only just getting started, here's why
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