PANews reported on May 2 that Eric Balchunas, a senior ETF analyst at Bloomberg, posted on the X platform that a new word "Suitcoiners" has been circulated among Wall Street financial industry practitioners. This word comes from "Real Suits" and is used to describe all ETFs, governments and institutional buyers. Some people worry that if Suitcoiners conspire, it may threaten the structure of Bitcoin in the future, but they do not think this will happen because stock voting has had similar unrealized concerns, but in any case, this is indeed a fear.
Bloomberg analyst: I don’t think Suitcoiner will threaten Bitcoin structure
- 2025-05-11
ETH breaks through $2,500, up 2.95% on the day
- 2025-05-10
Next week's macro outlook: CPI data may trigger stagflation trading script, BTC may face $100,000 support test
- 2025-05-10
A whale deposited 7078 ETH to OKX after being silent for 3 months, and may face a loss of $1.49 million
- 2025-05-10
Forbes: Trump Media and Technology Group's financial report reveals "significant deficiencies" in internal controls
- 2025-05-10
BTC Digital acquires land in Georgia for $2.1 million and will invest another $5 million to build a mining farm
- 2025-05-10
Data: Whales bought more than 20,000 BTC in the past 48 hours