{"id":3316,"date":"2024-11-26T15:01:38","date_gmt":"2024-11-26T15:01:38","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=3316"},"modified":"2024-11-26T15:01:38","modified_gmt":"2024-11-26T15:01:38","slug":"bitcoin-is-being-sold-into-a-market-with-ample-demand-from-institutions-says-marathon-ceo-fred-thiel","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=3316","title":{"rendered":"Bitcoin Is Being Sold Into A Market With &#8216;Ample Demand&#8217; From Institutions, Says Marathon CEO Fred Thiel"},"content":{"rendered":"<div>\n<p><strong>Marathon Holdings<\/strong> (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/MARA#NASDAQ\">MARA<\/a>) CEO, <strong>Fred Thiel<\/strong> believes <strong>Bitcoin<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) will not see the volatility of the past years, citing multiple factors <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/11\/42096519\/bitcoin-to-reach-190000-this-cycle-michael-terpin-of-transform-group-says\">for his hypothesis<\/a>.<\/p>\n<p><strong>What Happened: <\/strong>In an appearance on CNBC&#8217;s Street Signs <a href=\"https:\/\/www.youtube.com\/watch?v=WaFF2snJJrU\">show<\/a> on Monday, Thiel noted that the cryptocurrency\u2019s recent momentum stems from increasing institutional interest, favourable political signals and strategic investments rather than traditional factors like the halving.<\/p>\n<p>Thiel highlighted how the launch of <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/11\/42165734\/bitcoin-etfs-registered-record-312-billion-net-inflows-last-week\">Bitcoin ETFs<\/a> earlier this year initially attracted retail investors, but institutions, including pension funds and corporations, soon followed, pouring capital into Bitcoin-related equities.<\/p>\n<p>Political support, notably from president-elect <strong>Donald Trump<\/strong>\u2018s <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/11\/42122348\/trumps-planned-crypto-council-may-oversee-bitcoin-reserve-report\">pro-Bitcoin stance<\/a> emphasizing <a ...><\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/11\/42191142\/bitcoin-is-being-sold-into-a-market-with-ample-demand-from-institutions-says-marathon-ceo-\" alt=\"Bitcoin\" is being sold into a market with demand from institutions says marathon ceo fred thiel>Full story available on Benzinga.com<\/a><\/p>\n<p><\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Marathon Holdings (NASDAQ:MARA) CEO, Fred Thiel believes Bitcoin (CRYPTO: BTC) will not see the volatility of the past years, citing multiple factors for his hypothesis. What Happened: In an appearance on CNBC&#8217;s Street Signs show on Monday, Thiel noted that the cryptocurrency\u2019s recent momentum stems from increasing institutional interest, favourable political signals and strategic investments [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-3316","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/3316","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3316"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/3316\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3316"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3316"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3316"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}