What Happened in Crypto This Week: ETFs, Dormant Whales, and Big Money Moves
Another eventful week passed by, and as we saw the start of July, several developments in the crypto sector captured the attention of investors. From growing institutional developments for altcoins, to new crypto ETF approvals that signal a broader shift in regulatory sentiment, the market continued to show resilience amidst uncertain times.
Monday
Institutions were on the move at the start of the week. We kicked off Monday reporting about a new massive investment in Ether by BitMine Immersion Technologies. The company announced a $250 million investment to be allocated in Ether, potentially leveraging the asset’s staking features.
Across blockchains, MicroStrategy continued to accumulate Bitcoin. On that same…
