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Crypto Funds See Record $2.45 Billion Global Inflows in a Single Week: Coinshares
19.2.2024
In an unprecedented surge, crypto funds around the globe registered record inflows totaling $2.45 billion last week, marking a significant uptick in investor interest. This influx has propelled the total assets under management (AUM) back to levels not seen since December 2021, signaling a strong...
Aptos Foundation and Blockchain Phone Maker Jambo Partner to Bolster Global Web3 Access
17.2.2024
The Aptos Foundation has revealed its collaboration with Jambo, a creator of blockchain-enabled smartphones, to bolster emerging markets through Web3 innovation. The pair state that their alliance seeks to improve Web3 access and knowledge in areas that would benefit greatly, by utilizing the layer...
Bitcoin Price Prediction Rallies as Coinbase Profits Soar, ETFs Drive $1T Market
16.2.2024
Bitcoin price prediction continues to be bullish amid Coinbase Global’s revelation of its first quarterly profit in two years, buoyed by the SEC’s approval of Bitcoin ETFs, underscores a significant moment for the cryptocurrency market. This development, alongside a 57% surge...
U.S. Federal Reserve Gov. Waller Says DeFi Could Boost Dollar's Global Strength
15.2.2024
Crypto critics often warn of digital currencies' potential to destabilize the U.S. dollar, but Federal Reserve Gov. Christopher Waller argued that stablecoins' dependence on the dollar could actually strengthen the U.S. fiat currency as decentralized finance (DeFi) catches on
Param Labs to promote MENA and global gaming with Animoca Brands
15.2.2024
Param Labs and Animoca Brands establish an exclusive partnership to support the former’s go-to-market strategy, which includes the introduction of Web3 products. Furthermore, the development of Param Lab’s blockchain and token economy architecture is being improved. Animoca Brands...
Court Frees Genesis to Sell GBTC Shares Worth $1.3B to Compensate Clients
15.2.2024
Genesis Global obtained bankruptcy court approval on Wednesday to sell its Grayscale Bitcoin Trust (GBTC) shares. The bankrupt crypto lender can now sell its 35m GBTC shares worth over $1.3b as part of efforts to reimburse customers. In a Feb. 14 hearing conducted via Zoom, Judge Sean Lane signed...
Report: Genesis Global Cleared to Unload $1.3 Billion in GBTC Shares
15.2.2024
Genesis Global Capital has received authorization to offload its stake in Grayscale’s Bitcoin Trust (GBTC), valued at approximately $1.3 billion. Genesis Global Permitted to Liquidate $1.3 Billion in Bitcoin Trust Shares According to Bloomberg, Genesis Global Holdco LLC secured Judge Sean...
Tiger Global Exited Coinbase Stake Late Last Year, Filing Shows
14.2.2024
Tiger sold 38,850 shares during the fourth quarter
How Bitcoin Benefits From Global Stresses
14.2.2024
An asset that gains from disorder is surely worth having in one’s portfolio, says Jennifer Murphy, CEO of Rune Digital Assets
Isle of Man Seeks Public Input in Effort To Tighten Crypto Assets Regulation
13.2.2024
The Isle of Man has rolled out a public consultation on possible crypto assets regulation to protect investors in the jurisdiction. In a Feb 13 release, financial authorities in the self-governing British Crown dependency sought models to expand its laws on crypto assets in line with global...
Here Is The Next Big Hit In The Crypto World – A VR and AR Dedicated Ecosystem 5th Scape (5SCAPE)
13.2.2024
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. The cryptocurrency market is brimming with auspicious projects that carry substantial potential for global success, and among the most promising niches is AR/VR gaming. This sector is steadily...
Hypeloot is Revolutionizing the Future of Online Gambling with AI and Blockchain
13.2.2024
Hypeloot is a leading AI-powered crypto casino, reaching significant milestones since its launch in 2022. With its unique integration of artificial intelligence (AI) and blockchain, Hypeloot is redefining online gambling for its global user base. Showing an impressive growth trajectory, Hypeloot...
Global Markets Crypto Intelligence Debuts Crypto Price Index
12.2.2024
A new crypto market price tracking index, the GMCI 30, debuted today. The joint venture created by The Block and Wintermute announced the launch of its GMCI 30 index, which tracks the price performance of the top 30 crypto assets. 1/ Crypto has a new benchmark ???? Tracking the performance of...
Kraken Exec Questions Efficacy of Crypto Ads at Super Bowl Despite Global Reach
12.2.2024
Kraken’s Chief Marketing Officer, Mayur Gupta, believes the Super Bowl is no longer an effective avenue for crypto marketing. Speaking before Sunday’s US National Football League championship final, he told FOX Business that Kraken did not buy advertising space in the event because...
Bitcoin Price Prediction as $20 Billion Pushes BTC Above $48,000 – $100,000 Incoming?
12.2.2024
Bitcoin‘s market position is bullish as it hovers near $48,000, amidst widespread anticipation of potential growth to $100,000. Glassnode’s analysis marks the current Bitcoin market as “high risk,” emphasizing the volatile nature of cryptocurrency investments. Grayscale...
Bitcoin Soars Past $49K, Eyes $50K Milestone Amid Global Trading Frenzy
12.2.2024
Bitcoin’s spot market value leaped over the $49K threshold on Monday, breaking free from its initial trading confines of the day. The leading digital currency by market cap swiftly reached $50,000, marking a 3.7% increase over the past day and a notable 15.6% rise throughout the week....
78% of Institutional Traders Have No Interest In Crypto: JP Morgan
12.2.2024
New data shows that most global institutional traders have no interest in exposing holdings to digital assets although the number of pro-crypto firms has recorded a slight growth. A recent JP Morgan 2024 survey from over 4000 financial market participants shows creeping acceptance of Bitcoin...
BlackRock’s Rick Rieder Hints at Expanded Bitcoin Exposure
12.2.2024
Asset manager BlackRock may boost its Bitcoin exposure in the future. That’s according to Rick Rieder, head of global allocation at BlackRock, who is responsible for about $2.4t in assets at the investment firm. In an upcoming episode of the Wall Street Journal’s Take On the Week podcast, Rieder...
Court Filing Shows Genesis Settled With NYAG, Aims to End Crypto Lending Platform Dispute
10.2.2024
After settling with the U.S. Securities and Exchange Commission (SEC), Genesis Global has reportedly reached an agreement to settle with the Office of the New York Attorney General. The official had accused the company, along with its parent company Digital Currency Group and Gemini, regarding...
Web3 Importance Highlighted in Alex Tapscott’s New Book
9.2.2024
A research report published by Spherical Insights & Consulting found that the global Web3 market size was valued at $1.82 billion in 2022. According to the report, this number is expected to reach $67.92 billion by 2032. Yet while the potential behind Web3 is massive, confusion remains when...