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Crypto Madness Ensues as 95% Surge in H1 Volume Proves That Institutions Still Can’t Get Enough of Your Money

An illustration: A cartoonish graph showing an upward trend in cryptocurrency trading volume; two giant hands grasping each other across a chasm filled with coins of various denominations and symbols representing different cryptocurrencies. The background features swirling shapes resembling digital waves, while at the top, several institutional logos are visible amidst clouds of rising smoke from burning cash notes. In the foreground, a large stablecoin is shown being poured into an overflowing bucket labeled "Crypto-to-crypto trades".

It’s all about making money off gullible idiots who still think this nonsense will make them rich quick! Institutional interest? Ha! They’re just in it for the long game of fleecing their clients. The Finery Markets report is probably funded by some shady OTC desk looking to attract more suckers into the market

Source: bitcoin.com

The over-the-counter (OTC) institutional cryptocurrency market saw a dramatic increase in spot transaction volume in the first half of 2024. A recent report by Finery Markets reveals a 95% year-over-year growth, highlighting a significant rise in institutional engagement. The Finery Markets team analyzed data from two million spot trades conducted by institutions in the first half of 2024, compared to the same period in 2023. This strong growth is attributed […]

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