According to CoinShares, digital asset investment products saw inflows totaling $76 million last week. On Feb. 6, European cryptocurrency investment firm CoinShares published its “Digital Asset Fund Flows Report,” which revealed that investors are showing a strong interest in digital asset investment products, with inflows totaling $76 million last week, marking the fourth consecutive week
New data from Nasdaq research revealed that over the last investors were keener to back late-stage industry leaders such as Animoca Brands compared to early-stage startups. The crypto bear market has also been called a builder’s market by many leading figures and companies in the industry.New data from Nasdaq reveals that investors had this mindset
FTX and Binance reportedly seek to transition existing Voyager customers to their platforms whereas CrossTower has proposed to keep the existing Voyager platform and app. Cryptocurrency exchanges FTX, Binance and CrossTower are competing to acquire beleaguered crypto lender Voyager Digital’s assets out of bankruptcy, according to insider sources. According to details published by former investment banker
Blockchain technology supports cryptocurrencies but can also be used for supply chain tracking, identity management systems, healthcare and more. Can smart contracts exist without blockchain?Blockchain technology is necessary for smart contracts to function because it enables automated agreements to be conducted and carried out without the involvement of a third party. Similar to smart contracts, database
With BTC recently trading at the $20,000 range for the first time since 2020, small-time investors found a small window of opportunity to achieve their dream of owning at least 1 Bitcoin. Ever since early Bitcoin (BTC) investors woke up millionaires as the ecosystem gained tremendous popularity alongside the mainstreaming of the internet, investors across…
“There’s no reason to treat the crypto market differently just because different technology is used,” said Gary Gensler. Gary Gensler, chair of the United States Securities and Exchange Commission, said the agency’s protections that apply to investors of traditional assets should extend to those in the crypto market.In prepared remarks released Monday for the Penn…
Regulations, exchanges and local adoption help cryptocurrencies gain traction in Indonesia. Crypto is the next big thing in Indonesia. According to the Ministry of Trade, transactions for currencies like Bitcoin (BTC) grew over 14 times from a total of 60 trillion rupiahs ($4.1 billion) in 2020 to a total of 859 trillion rupiahs ($59.83 billion)…
MicroStrategy bought significantly less BTC in January than in previous months, according to official data. Major Bitcoin (BTC) investor MicroStrategy has announced another major BTC purchase during a market dip to collect a total of 125,051 BTC as of Monday.According to an official form with the United States Securities and Exchange Commission (SEC) filed on…
The NFT marketplace bug was reportedly discovered on Dec. 31, which showed transferred NFTs as listed on OpenSea. A bug in the front end of popular nonfungible token (NFT) marketplace OpenSea has reportedly led to an exploit allowing users to buy popular NFTs at their previous listing price.The bug seems to be prevalent with Bored…
DeFi presents a wealth of opportunity for investors, but there are also risks. Here are three metrics investors use to analyze decentralized finance tokens and their associated protocols. Much to the chagrin of cryptocurrency proponents who call for the immediate mass adoption of blockchain technology, there are many “digital landmines” that exist in the crypto…
Senior ETF analyst at Bloomberg Eric Balchunas said he gave the odds of the SEC approving the VanEck fund at less than 1%. BlackRock Financial Management’s global head of iShares and index investments said the financial firm will likely not be launching exchange-traded funds (ETFs) linked to crypto assets anytime soon.According to a Friday report…
A timely reinvestment of $3,200 worth of stimulus checks into Bitcoin would return a total profit of $4,514 (nearly 71%) by the end of October. An average American taxpayer received three rounds of stimulus checks from the United States government as a means to reignite the economy by increasing consumers’ spending potential. For many, this…
One way or another, Russians get exposure to crypto even if they go abroad, Tinkoff Investments’ head said. Tinkoff Investments, the online brokerage of major Russian private bank Tinkoff, is researching cryptocurrency investment services despite the Bank of Russia withholding the bank from launching such tools.Tinkoff Investments head Dmitry Panchenko claimed that the bank’s brokerage…
As much as $415 billion worth of investments could flow into cryptocurrencies as new laws governing German Spezialfonds go into effect. Beginning on August 2, 2021, German institutional funds will be able to hold up to 20% of their assets in cryptocurrencies, possibly setting the stage for wider mainstream acceptance of Bitcoin (BTC) and other…
The Series B funding round was led by China Renaissance, with participation from several crypto venture funds, including Tiger Brokers, Tiger Global Management, Arena Holdings, DCM Ventures and Gobi Partners. Cryptocurrency investment platform Amber Group has added $100 million to its coffers following a successful Series B fundraiser, bringing its total pre-money valuation to $1…
The investment round, which was led by Runa Capital and RTP Global, will go toward funding its decentralized blockchain network. TON Labs, the development arm behind the Free TON blockchain, raised $6 million through an investment round led by venture capital firm Runa Capital. The funding will go toward building out a new product environment for…
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