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Coinshares Sees $528 Million Outflow From Crypto Products Due to Recession Fears
6.8.2024
Coinshares, a digital asset investment firm, has reported a significant $528 million outflow from its crypto products last week, driven by growing recession fears. This substantial withdrawal reflects the heightened market uncertainty and investor caution amid economic downturn concerns. Despite...
Bitcoin falls to ‘extreme fear’ on Aug. 5 as ETFs outflow $168M
6.8.2024
The Crypto Fear and Greed Index recorded a score of 17 out of 100 on Aug. 5 — the lowest it has been since July 12, 2022
Europe’s fourth largest hedge fund put nearly $500M in Bitcoin ETFs — Filing
5.8.2024
Other hedge funds are also reporting sizable positions in Bitcoin exchange-traded funds
Crypto products shed $528M amid recession fears — CoinShares
5.8.2024
As Bitcoin dropped below $50,000, analysts expect more outflows that would potentially drive prices down to $42,000
Jump Crypto unstakes $315M of ETH, now headed to exchanges
5.8.2024
Jump still holds at least $125 million of staked-Ether, blockchain data from Arkham shows
Bitcoin crashes below $53K wiping out $600M in leveraged longs
5.8.2024
A sudden crypto market nosedive has seen over $600 million in leveraged long positions wiped out, as Bitcoin, Ether and otther cryptocurrencies tumbled sharply
South African Crypto Asset Marketplace Initiates $1.64 Million Capital Raise
5.8.2024
The South African decentralized cross-asset marketplace Mesh.trade has facilitated a $1.64 million (ZAR30 million) capital raise for a reverse mortgage provider. The capital raise allows the provider to offer homeowners the potential for lucrative returns while they remain in their homes. Regulated...
Several 2017 Wallets Reactivate in August: $28.2 Million in Bitcoin on the Move
4.8.2024
In July, numerous dormant bitcoin wallets, established in 2017, showed substantial activity. This trend continues into August, with 467.63 BTC spent so far, amounting to approximately $28.2 million. Millions on the Move: What’s Behind the Reawakening of 2017 Bitcoin Wallets? Last month...
Whatsapp Warns It May Leave Nigeria Over Order to Pay a $220 Million Fine
3.8.2024
Whatsapp, the social media platform owned by Meta Inc., has stated that it would be impossible to comply with additional demands from Nigeria’s consumer protection agency. The social media platform argues that the Nigerian agency’s order compelling it to pay a $220 million fine contains multiple...
Crypto community slams WazirX’s 'socialized losses' plan after hack
3.8.2024
As WazirX navigates this crisis, the firm faces the challenge of rebuilding trust with its user base and the broader crypto community
Nintendo Plans To Sell Over 10 Million More Switches But No One Knows How
2.8.2024
The Switch is in its eighth year. That’s longer than any Nintendo system has gone without getting a successor. But the company is still bullish on the hybrid console’s future even as fans wait to hear about a Switch 2 as soon as this September. Nintendo is planning to sell over 12 million...
Polymarket $3.8 Million Venezuelan Presidential Election Bet Still Undecided
2.8.2024
Polymarket, the cryptocurrency-based prediction markets platform, has not been able to resolve the bet on the outcome of the Venezuelan presidential election. While the country’s electoral authority, the Electoral National Council (CNE), proclaimed President Nicolas Maduro as the winner,...
Hong Kong’s Largest Online Broker Launches Retail Crypto Trading for 22 Million Users
2.8.2024
Futu Securities International, Hong Kong’s largest online broker with 21.64 million users, has launched retail cryptocurrency trading. Hong Kong residents can now trade bitcoin and ether in either Hong Kong or U.S. dollars directly through Futu’s platform. “We are actively working...
MicroStrategy Adds 169 Bitcoin Worth $11.4 Million in July 2024
2.8.2024
MicroStrategy Incorporated (NASDAQ: MSTR) has revealed its Q2 2024 financial report, which states the company saw a substantial increase in its Bitcoin holdings. This quarter, the company has acquired a significant amount of Bitcoins, reflecting 12,222 in total and averaging $65,882 per bitcoin...
BlackRock's tokenized BUIDL fund has paid $7M in dividends since March
1.8.2024
According to researcher Tom Wan, tokenized United States Treasury funds could see $3 billion in capital investment by the end of 2024
BlackRock's tokenized BUIDL fund has paid $7M in dividends since March
1.8.2024
According to researcher Tom Wan, tokenized United States Treasury funds could see $3 billion in capital investment by the end of 2024
Arbitrum-based DuelNow receives $11M funding as Web3 betting heats up
1.8.2024
DuelNow is the latest in a string of Web3 gambling venture deals amid surging activity on Polymarket
Morpho secures $50M funding led by Ribbit Capital for onchain lending
1.8.2024
Morpho Labs has raised $50 million from over 40 investors, including Ribbit Capital, which also invests in Revolut, NuBank, Coinbase, Robinhood, Mercado Libre, Figure, and Uniswap
Morpho secures $50M funding led by Ribbit Capital for onchain lending
1.8.2024
Morpho Labs has raised $50 million from over 40 investors, including Ribbit Capital, which also invests in Revolut, NuBank, Coinbase, Robinhood, Mercado Libre, Figure, and Uniswap
India’s Digital Rupee Surpasses 5 Million Users, RBI Discloses
1.8.2024
India’s central bank, the Reserve Bank of India (RBI), has revealed that as of June, there were five million digital rupee users and 420,000 merchants participating in the retail central bank digital currency (CBDC) pilot. The RBI emphasized that the digital rupee is designed to complement...