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Study: Bitcoin Millionaires up by 111%, Crypto Users Reach 560 Million
29.8.2024
A new report reveals a significant increase in wealthy crypto asset holders, with bitcoin (BTC) millionaires rising 111% to 85,400 and individuals with crypto assets worth $1 million increasing 95% to 172,300. Dominic Volek of Henley & Partners attributes this surge to the introduction...
Bitcoin Market Reaches ‘Equilibrium’ as Speculation Declines, Glassnode Reports
29.8.2024
The bitcoin market has hit a phase of tranquility, where investor enthusiasm has cooled, and speculative activity has sharply decreased. According to a thorough report from Glassnode, this quiet spell might be setting the stage for an uptick in market volatility. Glassnode Analysis Shows Bitcoin...
Coinbase Shares Tips to Protect From Crypto Scams
29.8.2024
Crypto exchange Coinbase supports the Australian government’s Scams Awareness Week, emphasizing the importance of consumer education to combat fraud. Coinbase APAC’s managing director offered tips for investors to protect themselves from scams, such as verifying URLs and using...
SEC Issues Wells Notice to Opensea, Alleging NFTs on the Marketplace Are Securities
29.8.2024
The U.S. Securities and Exchange Commission (SEC) has issued a Wells notice to Opensea, signaling potential enforcement action against the NFT marketplace. Opensea’s CEO criticized the SEC’s move, claiming it could negatively impact innovation and creators’ livelihoods....
Hilbert Capital and Xapo Bank Collaborate to Launch Bitcoin Hedge Fund
28.8.2024
Swedish public company Hilbert Group’s asset management division has partnered with Xapo Bank to launch a bitcoin-denominated hedge fund in September. The fund is expected to attract over $200 million in initial investments from Xapo Bank and other investors this year. Hilbert Group Partners...
Nasdaq Seeks SEC Approval to Launch Bitcoin Index Options
28.8.2024
Nasdaq has filed with the U.S. Securities and Exchange Commission (SEC) to list and trade Bitcoin Index Options. The company aims to provide new tools for institutional and retail investors to manage cryptocurrency investments. The options, pending regulatory approval, will offer European-style...
Binance under scrutiny for seizing Palestinian crypto funds
27.8.2024
Binance denied reports suggesting that the crypto exchange seized funds from all Palestinians, stating that only a small number of accounts was restricted
CoinDCX’s Okto wallet secures operational license in UAE free zone
27.8.2024
Self-custodial wallet Okto received its license under RAK DAO, an economic free zone dedicated to virtual assets.
Semler Scientific Acquires More Bitcoin, Citing Institutional Adoption Growth
27.8.2024
Semler Scientific has purchased 83 more bitcoins for $5 million, bringing its total holdings to 1,012 BTC. The company expressed optimism about the increasing institutional adoption of bitcoin, emphasizing: “We believe this increasing institutionalization will drive value for both bitcoin...
Paypal’s PYUSD Stablecoin Reaches $1 Billion Market Cap in Just Over a Year
26.8.2024
On Aug. 26, Paypal’s PYUSD stablecoin hit the $1 billion mark for the first time since its launch in August 2023. Initially rolled out on Ethereum, PYUSD has seen a significant shift, with most of its tokens now issued on Solana. Paypal’s PYUSD Surpasses $1 Billion Market Cap Recent...
Bitcoin Inflows Reach $543 Million as Powell Suggests Rate Cuts, Coinshares Reports
26.8.2024
Coinshares, led by researcher James Butterfill, reports a significant uptick in bitcoin inflows following recent comments from Federal Reserve Chair Jerome Powell. The investment surge reflects the market’s response to potential interest rate cuts hinted at during the Jackson Hole Symposium....
Crypto Exchange Gate.io Secures Sponsorship Deal With Italian Soccer Giant Inter Milan
24.8.2024
Crypto exchange Gate.io has secured a sleeve sponsorship deal with Inter Milan, the reigning Italian champions. Gate.io’s logo will be displayed on both men’s and women’s team jerseys. Both parties see this collaboration as a chance to connect with their respective communities...
Kraken Crypto Exchange Fined by Australian Court
24.8.2024
The Federal Court of Australia has ruled that Bit Trade Pty Ltd., operating crypto exchange Kraken in Australia, failed to meet regulatory obligations for its margin trading product. The product was offered without a required market determination, breaching the Corporations Act. ASIC emphasized...
Hong Kong Bitcoin ETFs top $250M AUM
24.8.2024
For the Hong Kong-based spot Bitcoin ETFs to compete with their US counterparts, they will need to attract more retail and institutional investors
Hong Kong Bitcoin ETFs top $250M AUM
24.8.2024
For the Hong Kong-based spot Bitcoin ETFs to compete with their US counterparts, they will need to attract more retail and institutional investors
Hong Kong’s Bitcoin ETFs reach HK$2B milestone, led by OSL
24.8.2024
For Hong Kong to truly compete on the global stage, it will need to attract more significant inflows and broader participation from both retail and institutional investors.
Progmat, DMM partner to introduce stablecoin for Seamoon Protocol
23.8.2024
The DMM conglomerate hopes the coins powering its anime-filled Web3 ecosystem will be used with and among its partners as well.
Progmat, DMM partner to introduce stablecoin for Seamoon Protocol
23.8.2024
The DMM conglomerate hopes the coins powering its anime-filled Web3 ecosystem will be used with and among its partners as well.
Stablecoin Market Grows by $1.3B in 5 Days as Tether Leads the Charge
23.8.2024
Over the past five days, the stablecoin market has continued its upward trend, increasing by $1.3 billion in value. The largest stablecoin network by market capitalization, tether (USDT), experienced an expansion of 820 million in supply during this period. Tether’s Supply Swells by 820M...
Paypal Launches PYUSD Rewards Program With Anchorage Digital
23.8.2024
Anchorage Digital has launched its first stablecoin rewards program for Paypal USD (PYUSD) holders, offering institutions a secure way to earn rewards. Available through Anchorage Digital’s platform and the Porto self-custody wallet, the program emphasizes security by avoiding...