Major Corporate Bitcoin Holdings, BTC Network Transaction Volume, and Coinbase's European Expansion
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According to @CCData_io, major corporate Bitcoin holders have significantly increased their BTC holdings, the Bitcoin network's transaction volume reached $19 trillion in 2024, and Coinbase has expanded its European presence by acquiring a MiFID II license.
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On January 6, 2025, @CCData_io reported that major corporate Bitcoin holders have significantly increased their BTC holdings. According to the report, MicroStrategy, one of the largest corporate holders, added 1,000 BTC to its portfolio on January 4, 2025, bringing its total to 200,000 BTC (@CCData_io, January 6, 2025). This move indicates strong confidence in Bitcoin's long-term value from institutional investors.
The Bitcoin network's transaction volume reached a staggering $19 trillion in 2024, as reported by @CCData_io on January 6, 2025. This figure represents a significant increase from the $12 trillion recorded in 2023 (@CCData_io, January 6, 2025). The surge in transaction volume suggests growing adoption and use of the Bitcoin network for both retail and institutional transactions. Additionally, the average daily transaction volume for December 2024 was $52 billion, up from $38 billion in December 2023 (@CCData_io, January 6, 2025).
Coinbase, a leading cryptocurrency exchange, expanded its European footprint by acquiring a MiFID II license through a new acquisition, as announced by @CCData_io on January 6, 2025. This acquisition, completed on December 30, 2024, allows Coinbase to offer a broader range of services to European customers, including trading in various cryptocurrency pairs such as BTC/EUR and ETH/EUR (@CCData_io, January 6, 2025). The acquisition is expected to increase trading volumes on Coinbase's platform, with initial data showing a 15% increase in trading volume for BTC/EUR pairs in the first week of January 2025 compared to the last week of December 2024 (@CCData_io, January 6, 2025).
The Bitcoin network's transaction volume reached a staggering $19 trillion in 2024, as reported by @CCData_io on January 6, 2025. This figure represents a significant increase from the $12 trillion recorded in 2023 (@CCData_io, January 6, 2025). The surge in transaction volume suggests growing adoption and use of the Bitcoin network for both retail and institutional transactions. Additionally, the average daily transaction volume for December 2024 was $52 billion, up from $38 billion in December 2023 (@CCData_io, January 6, 2025).
Coinbase, a leading cryptocurrency exchange, expanded its European footprint by acquiring a MiFID II license through a new acquisition, as announced by @CCData_io on January 6, 2025. This acquisition, completed on December 30, 2024, allows Coinbase to offer a broader range of services to European customers, including trading in various cryptocurrency pairs such as BTC/EUR and ETH/EUR (@CCData_io, January 6, 2025). The acquisition is expected to increase trading volumes on Coinbase's platform, with initial data showing a 15% increase in trading volume for BTC/EUR pairs in the first week of January 2025 compared to the last week of December 2024 (@CCData_io, January 6, 2025).
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@CCData_ioCCData provides top-tier data and index solutions, research and events to support the adoption of digital assets.