On January 6, 2025, CCData reported a significant increase in Bitcoin investments by major corporate holders, signaling a strong institutional interest in BTC (@CCData_io, January 6, 2025). This development could potentially drive Bitcoin's price higher due to increased demand from large investors. The specific companies involved and the exact increase in their Bitcoin holdings were not detailed in the report, but the overall sentiment towards Bitcoin among corporates appears bullish.

The BTC network's transaction volume reached an impressive $19 trillion in 2024, as per CCData's analysis (@CCData_io, January 6, 2025). This high transaction volume indicates robust activity on the Bitcoin network, suggesting a healthy ecosystem and potentially increasing the coin's value due to its utility and adoption. The average daily transaction volume for 2024 was approximately $52 billion, a substantial increase from the $35 billion daily average in 2023, as reported by CryptoCompare (@CryptoCompare, December 31, 2024).

Coinbase, a leading cryptocurrency exchange, has expanded its European operations by acquiring a MiFID II license, according to CCData (@CCData_io, January 6, 2025). This acquisition allows Coinbase to offer more regulated services in Europe, potentially attracting more institutional investors and increasing trading volumes. On the day of the announcement, Coinbase's stock price rose by 3.5%, closing at $230 per share, reflecting positive market sentiment towards the expansion (@YahooFinance, January 6, 2025). The trading volume for Coinbase's stock on that day was 5.2 million shares, higher than the average daily volume of 4.8 million shares in the past month (@NASDAQ, January 6, 2025).