Market Outlook

On Nov. 30, bitcoin breached a nearly three-year high of $19,793. Since then the cryptocurrency has gained more than $11,000.

Coinbase Pro exchange registered an outflow of over 35,000 bitcoin worth more than $1 billion early Saturday.

While Bittrex gave no reason for the removals, exchanges around the world have been moving to delist coins that seek to hide the activity of their users.

Vision Hill's Dan Zuller runs through his 10 takeaways from institutional crypto investing, and looks ahead.

The number of entities holding at least 1,000 bitcoin rose to a new record high on Wednesday.

"I would expect to see bitcoin charge past $30,000 as we enter the new year,” said one market observer.

So far, the SEC has considered many applications for bitcoin-based ETFs and rejected them all.

Institutional investors are perceived to be driving this record-setting run.

COVID-19 ravaged the world's economies but prompted mainstream financial markets to start taking bitcoin seriously. A look back at the year in bitcoin.

The announcement came hours after Coinbase and OKCoin took similar actions.

The Chicago Mercantile Exchange has become the largest bitcoin futures exchange by open interest amid institutional onboarding.

The crypto trading platform is also considering the possibility of a merger with a special purpose acquisition company, according to Israeli newspaper Calcalist.