Institutional Confidence Persists Despite Bitcoin's Dip Below $90,000 As Bitcoin's price fell below the $90,000 mark this week, triggering concerns about a potential market downturn, institutional investors continued to demonstrate strong confidence by funneling hundreds of millions of dollars into crypto enterprises. This ongoing inflow underscores a broader trend of maturation within the digital asset sector, even amid recent volatility. Key Takeaways Republic Technologies secures $100 million through a zero-interest convertible note to expand its Ether holdings, reflecting innovative financing strategies in crypto. Kraken raises $800 million at a valuation of $20 billion ahead of an anticipated IPO, with notable investment from Citadel Securities. Strategy, a major Bitcoin treasury holder, adds over 8,000 BTC during the dip, emphasizing a buy-the-dip approach by institutional giants. Tether moves into commodity-lending, deploying $1.5 billion in credit and expanding its role...