Ki Young Ju, CEO of CryptoQuant, indicated that the financial trajectory of Bitcoin shows a bullish signal. The market capitalization for Bitcoin is currently holding at the midpoint in the bull market cycle, taking steps farther than its realized value. It means a robust growing phase that is probably going to stick for at least another two years, marking a decade-long potential for Bitcoin in the crypto market.

Historically, these trends have remained intact for about two-year spans. The current trend in market cap of Bitcoin compared to its realized cap is a clear sign of the crypto’s consistent bullish trend. This pattern, if it sustains, shows a lively market in favor of investments and expansion in the cryptospace.

Going forward, estimates are that, if the trend continues as it is, the current bull cycle may end around the month of April 2025. It will be a strategic timeline within which all stakeholders can take advantage and add more value to Bitcoin, which is bound to remain at the top of the competitive digital currency sector.

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Bitcoin has for most of its lifetime been seen as a monetary network, whereby users can send and receive the native token BTC. Given the tremendous price appreciation since its inception in 2009, the monetary good also became a store of value — a means through which someone could store their valuable work hours so as to not have them debased and instead experience an increase of purchasing power rather than a loss.

Not all users are alike, however. Despite the popularity of these monetary narratives, some outcasts have used Bitcoin for all kinds of…

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In this report, I analyze the latest 13F filings of numerous institutional investors who declared holding Bitcoin ETFs and examine the largest holders. Key insights revealed from the analysis include:

A total of 782 institutions invested ~$10B into the Bitcoin ETFs

That represents an approximate 80/20 split between retail and institutional investors across all Bitcoin ETF holdings.

The largest institutional holders include Millennium Management, Horizon Kinetics and Schonfeld Strategic Advisors.

What Are 13F Filings?

Form 13F filings are quarterly reports required by the U.S. Securities and Exchange Commission (SEC) for large institutional investment managers…

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Recent research from CoinGecko identifies a new trend for blockchain technology: The major draw, of course, is the incredible speed of Solana. During a meme coin transaction boom on April 6, 2023, Solana reached a remarkable average of 1,504 transactions per second (TPS), head and shoulders above any existing industry giant. In fact, that puts it 46 times in front of Ethereum and five times faster than Polygon, underlining a massive performance gap in processing capabilities.

The top 30 blockchains by total value locked have all seen one thing in common: general on-chain activity has grown over the last year on most non-EVM platforms. Solana is the largest network but still operates at only 1.6% of its potential 65,000 TPS—untapped capacity that could change the landscape in future transactions.

This data shows not only the potential of existing technology to be applied towards enhanced efficiency within transactions but also is a great exemplification for the larger crypto ecosystem. With the new upgrades coming, the battle for blockchain supremacy goes into overdrive, setting the table for a changing paradigm in handling digital transactions the world over.

CoinGecko

Today, the Proof of Workforce Foundation, a 501(c)(4) tax-exempt nonprofit organization, has announced the addition of two distinguished members to its Board of Directors: Ajit Singh and Raphael Zagury, according to a press release sent to Bitcoin Magazine. This duo is being brought on to further strengthen the Foundation’s mission to promote meaningful, education-based Bitcoin adoption among workforce organizations.

Ajit Singh joins the board from his current role as Chief Investment Officer of the Houston Firefighters Relief and Retirement Fund, a $5.1 billion pension fund and the first in the U.S. to add Bitcoin directly to its balance sheet in 2021. Singh has also served as the…

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