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American Premium Water Corporation Acquires Crypto Mining Company CloudX
American Premium Water Corporation announced the acquisition of cryptocurrency mining and staking company CloudXchange DataCentre Inc. (“CloudX”) for $45.6 million.
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CME’s Bitcoin Futures Premiums Surge, Hints Rising Institutional Demand
CME’s most popular Bitcoin futures contracts seems to have surged up recently to levels not seen since April 2021. Data analysis shows that a rising number of institutions are buying Bitcoin futures.
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Grayscale AUM up $3.4 Billion in a Week, $500 Million in a Day, GBTC 33% Premium Shows High Bitcoin Demand
Institutional-grade digital asset manager, Grayscale Investments is up $3.4 billion in assets under management (AUM) over the last week, bringing total AUM to $16.4 billion.
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Grayscale's 33% GBTC Premium Signals “Outrageous” Institutional Demand For Bitcoin, says Willy Woo
Grayscale Bitcoin Trust's (GBTC) premium on Bitcoin has risen to 33%, indicating “outrageous demand” for BTC from institutional investors as its price consolidates at $23,000.