Bitcoin Nears $90,000 in Historic Rally

Bitcoin Nears $90,000 in Historic Rally

Good afternoon, here’s your weekly recap from Rain:

Highlights

  • Bitcoin Nears $90,000 in Historic Rally as Institutional Interest Soars | Read more
  • Dogecoin Jumps 51% in Trump-Led Rally, Hits $63.5B Market Cap | Read more
  • MicroStrategy Hits All-Time High as Bitcoin Soars, Buys $2B in New BTC Holdings | Read more
  • Coinbase shares continue to Rise Post-Trump Victory | Read more
  • Trump Taps Musk and Ramaswamy to Lead Government Overhaul | Read more
  • Mt. Gox Moves $222M in Bitcoin Amid Ongoing Transfers  | Read more
  • PayPal Enables Instant PYUSD Transfers Between Ethereum and Solana | Read more
  • Bitcoin Surges While Gold Declines as Investors Shift | Read more
  • Revolut Expands Crypto Trading Platform to 30 European Markets | Read more
  • U.S. Bitcoin ETFs See Record Inflows as Market Rally Pauses | Read more



Product Updates

Have you heard about Rain’s OTC services? Our OTC services are tailored for investors with large trades, through our broker-dealer network.

Through Rain’s OTC services, you are guaranteed:

✅ The safest and easiest trading experience

✅ Better pricing

✅ Fast settlements, allowing you quick to access your assets

Explore more of what Rain’s OTC services offer you by visiting our OTC page.


Explore Rain's OTC services

Spotlight topic: Political Backing Fuels Market Optimism as Bitcoin Hits New High

Bitcoin recently surged to $89,956, driven by optimism surrounding a potential pro-crypto regulatory environment in the U.S. This rally is supported by record inflows into U.S. spot Bitcoin ETFs, with BlackRock’s fund alone attracting over $1.1 billion in a single day, bringing its total assets to over $33 billion. On-chain data reveals steady demand, with significant capital inflows since early November and minimal realized losses, indicating consistent buy-side pressure. Despite this momentum, retail interest and search volumes remain below the peaks seen in 2021. This gap suggests that while institutional demand is strong, full retail enthusiasm is yet to reach prior levels.


Read of the Week:

When will bitcoin's price hit $100,000? Here's what crypto experts have to say | Read more


RAIN NEWS 

Rain Introduces Instant Funding and Withdrawal Services for Virtual Assets in UAE

Rain, catering to both individual and institutional clients, now offers instant funding and withdrawal services for virtual assets in the UAE. Partnered with a local bank, Rain ensures seamless financial transactions for its users. As a fully licensed and regulated entity, it provides a secure and efficient platform for digital asset management. Interested parties can sign up at rain.com/en-ae/signup to access these innovative services. Check out all the benefits of Rain in the UAE.


WHY TRADE WITH Rain?



To view or add a comment, sign in

Explore topics