Bitcoin ETFs add 526 BTC worth $33M for July markets


The United States Securities and Exchange Commission gave Bitcoin ETFs a trading chance in January 2024. As the second half of the year begins, nine out of the 11 approved BTC ETFs have added $33 million to their trading portfolios. Bitcoin ETFs gain more trading grounds According to on-chain data...

Abra Launches Digital Assets Treasury Solutions Amid Rising Crypto Demand


Abra, a digital asset platform, has introduced Abra Treasury, providing customized digital asset treasury solutions. The service targets corporations, family offices, and non-profits. Abra Treasury, operated by Abra Capital Management LP, aims to offer an integrated suite of services including...

US Marshals Service Taps Coinbase for Digital Asset Management


The U.S. Marshals Service (USMS) has chosen Coinbase Prime to safeguard and trade its “Class 1” (large cap) digital assets. This decision by a division of the U.S. Department of Justice comes after a thorough evaluation process. What This Means for Coinbase and the Crypto Industry This...

Report: Market Analyst John Hussman Warns of Major Downside for S&P 500


John Hussman, a prominent market strategist known for predicting the 2000 and 2008 crashes, warns of a significant downside for the S&P 500. Hussman highlights elevated asset prices and narrow market participation, suggesting a potential decline of 50-70%. Analyst Predicts Major Stock Downturn...

Tether and Uquid Partner for Social Security Payments in the Philippines


The largest stablecoin issuer, Tether, has announced a collaboration with Uquid, a Web3 e-commerce platform. This partnership enables residents of the Philippines to pay their Social Security System (SSS) contributions using the stablecoin issued on The Open Network (TON). Additionally, Uquid...

Aptos Foundation Proposes Aave V3 Rollout on Aptos Blockchain


The Aptos Foundation has recently introduced a proposal to deploy Aave V3 on the Aptos blockchain. This move is part of Aave’s open governance process and could mark a major milestone for both platforms. Aave Labs has already taken concrete steps towards this goal. They’ve developed...

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