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The Week On-chain (Week 12, 2021)
The Bitcoin market has continued to consolidate between $53.6k and $61.5k as announcements of further Bitcoin adoption come out from traditional finance giants Morgan Stanley and Visa. Morgan Stanley has launched access to three bitcoin investment vehicles, available their for high net worth clients and investment firms. Visa has also followed the Mastercard lead in the path to enabling bitcoin purchases via the Visa network. Bitcoin becomes harder to ignore at an increasing rate. chart 'Stacking Sats': Since March 2018, bitcoin addresses holding 1 BTC or less have continued to accumulate their share of the BTC ... (full story)
