Forget Bitcoin’s Old Cycle—A New Institutional Era Has Begun: Cathie Wood

Bitcoin whales have reported realizing $386 million in losses in a single day, underscoring the heightened volatility and economic uncertainty currently affecting the cryptocurrency market. This significant loss reflects broader trends in the market, where fluctuations in Bitcoin's value have led to substantial financial impacts for large holders.

Coinbase has partnered with Chainlink's Cross-Chain Interoperability Protocol (CCIP) as its exclusive bridge partner to enhance the growth of wrapped assets, which is expected to significantly improve cross-chain asset liquidity and transform decentralized finance (DeFi) ecosystems.

Cathie Wood, CEO of Ark Invest, has been recognized as one of the most influential figures in the cryptocurrency sector according to CoinDesk's annual list for 2025, which highlights key individuals shaping the industry. Wood's insights and strategies have garnered attention as the market evolves amidst increasing institutional interest.

Coinbase has selected Chainlink's Cross-Chain Interoperability Protocol (CCIP) as its exclusive bridge for managing $7 billion in wrapped tokens across various blockchain networks. This partnership aims to enhance the liquidity and accessibility of these assets, facilitating smoother transactions between different chains.

Bitcoin's price has recently dropped below $90,000, leading to a significant increase in realized losses among Bitcoin entities, reaching levels not seen since 2022. On-chain data from Glassnode indicates that the Relative Unrealized Loss has surged to 4.4%, reflecting heightened stress among traders and a challenging environment for short-term investors.

Coinbase has integrated with Solana's decentralized finance (DeFi) ecosystem, allowing users to trade any Solana token through decentralized exchange (DEX) mechanisms without requiring formal listings. This move signifies a convergence between centralized finance (CeFi) and DeFi, enhancing user access to a broader range of assets.

The Czech National Bank has initiated a pilot program to test Bitcoin for its national treasury and payment systems, as highlighted by Coinbase's Head of Institutional, John D’Agostino, during a recent interview. This move is seen as a significant step for Bitcoin's adoption within the Eurozone, potentially influencing other countries to follow suit.

Recent on-chain data indicates that Bitcoin's Realized Cap Growth has been declining, suggesting a lack of fresh capital inflows into the cryptocurrency. This metric, which assesses Bitcoin's total value based on the last transaction price of each token, reflects a broader trend of reduced investor engagement and market activity.