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
- 2025-05-10
Brazil’s Fourth Largest City Belo Horizonte Votes to Pass Bitcoin-Related Bill
- 2025-05-10
ETH breaks through $2,400, up 4.39% on the day
- 2025-05-10
Former Goldman Sachs executive Raoul Pal's insights and investment philosophy: How to get rich in the crypto space without relying on luck?
- 2025-05-10
Data: About 19,027.48 Bitcoins flowed out of CEX platform in the past 7 days
- 2025-05-10
BTC breaks through $104,000, up 1.09% on the day
- 2025-05-10
Trump official: 3.5 million Trumps were deposited into CEX to enhance liquidity, and all recently unlocked tokens have been locked