And yet, bitcoin’s trading volume shows no signs of returning to previous high levels.
Investors are now seeing bitcoin as both an inflation hedge and risk asset.
The share price implies a market value for the cryptocurrency-focused investment firm of $860 million.
Some analysts predict this rally could push bitcoin past $60,000 for the first time.
The overall program's size was left intact, along with the March 2022 end date, but the pace of stimulus is now set to increase.
Ether is facing resistance from all-time-highs and could see lower support, initially around $1,561.
Brad Hintz, a former star Sanford Bernstein analyst, Morgan Stanley treasurer and Lehman Brothers CFO, explains the risks in the fine print.
According to Arcane, the new corporate buyers appear intent on keeping the cryptocurrencies for the long term "and see further upside potential in bitcoin."
Blockchain data might give traders comfort that prices aren't likely to revisit the end-of-2020 level anytime soon.
The 12-month rate represents an acceleration from January's 1.4% clip, a pickup partly driven by higher gasoline price.
Did the CME's ether futures launch coincide with a market top, relative to bitcoin? It sure looks like it based on the chart pattern.
The CPI for February probably rose 1.7%, accelerating from the January pace of 1.4%, based on economists' projections.
Analysts who track price-chart patterns said bitcoin’s climb to about $54,000 could position the largest cryptocurrency for a fresh ascent toward last month’s record price above $58,000.
Bitcoin finds support at $50,000, with next resistance seen at $54,000, and then at the all-time high around $58,000.
Last week's drop in crypto investment inflows to a fourth of the prior week's pace came as prices retreated in prices for bitcoin and other digital assets.