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Crypto Biz: Institutions tighten their grip on Bitcoin, AI and prediction markets
Institutional adoption of cryptocurrency is accelerating with major developments including Tether expanding its Bitcoin holdings, cryptocurrency miners shifting focus toward AI operations, and Polymarket's listing on Nasdaq. However, the sector experienced significant outflows of approximately $1 billion.
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Adjacent reporting
- Morning Minute: Fidelity Is Cautiously Bullish on Crypto
- U.S. crypto adoption is rebounding, bitcoin still dominates, Deutsche Bank says
- A year under Paul Atkins: SEC crypto embrace grows as prediction markets draw scrutiny
- HYPE leads crypto rebound as traders position for volatility breakout
- Wall Street and crypto infrastructure converge to scale global prediction markets
- Bitcoin rebounds from key support as traders eye renewed push toward $80,000