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BlackRock's spot Ether ETF amasses nearly $900M since launch
7.8.2024
BlackRock’s iShares Ethereum Trust, known also as ETHA, has almost hit $900 million in total inflows after just 11 trading days
Nasdaq Seeks Approval for Ethereum ETFs Options Trading
7.8.2024
Nasdaq has formally petitioned US regulators to allow options trading on Ethereum ETFs, which shows the further development…
Digital Asset Manager Coinshares Reports Strong Q2 2024 Earnings
6.8.2024
Coinshares, a leading European digital asset investment firm, reported strong financial performance in the second quarter of 2024, highlighted by a significant increase in revenue and adjusted EBITDA. The company also navigated market challenges, including the impairment of its Flowbank investment...
CoinShares revenue surges 110% in Q2, driven by FTX claim sale
6.8.2024
CoinShares revenue for the second quarter of 2024 rose to nearly $28.5 million. FTX bankruptcy proceedings generated a return of 116% in the quarter
Bitcoin Miner Genesis Digital Assets Launches Heat Repurposing Project in Sweden
6.8.2024
Genesis Digital Assets Limited (GDA) has embarked on a new project in Norsjö, Sweden, utilizing surplus heat from one of its bitcoin mining data centers to warm a local garage. This collaboration with Swedish company Muttern Fastigheter showcases an innovative approach to enhancing energy...
Valour to launch digital asset ETPs in Kenya
6.8.2024
Valour is moving out of Europe to the green pastures of Africa by way of passporting
Bitcoin Whales Increased Holdings During Crypto Market Mayhem, but ETF Investors Didn't Buy the Dip
6.8.2024
Though posting net outflows on Monday, the spot ETF action did show some positive surprises, Bloomberg ETF analyst Eric Balchunas noted
World's largest Bitcoin miner increased BTC holdings by $124M in July
6.8.2024
Marathon Digital holds over $1.1 billion worth of Bitcoin after the company decided to go full ‘HODL.’
iShares BTC ETF investors weather major price drop with zero flows
6.8.2024
The Bitcoin ETF from iShares saw a rough entry into the week with the asset down by 14% yet, according to market analysis — no one budged
Egyptian AI Startup Gets $2M for GCC, Africa Expansion
6.8.2024
Egyptian artificial intelligence firm Synapse Analytics has secured $2 million to expand into the Gulf Cooperation Council region and Africa. The company has partnered with major banking product providers such as AWS, Crealogix, and TUMM. Using AI to Simplify Access to Finance The Egyptian...
Cathie Wood’s ARK resumes Coinbase buying as BTC drops below $50K
6.8.2024
ARK Invest is back to buying the Coinbase stock after a long selling period. On Aug. 5, ARK bagged 28,632 COIN shares for $5.4 million
UK body proposes property category for crypto assets, SEC sued over status of NFTs: Law Decoded
6.8.2024
The Law Commission's final report urges UK government to reclassify crypto assets, addressing current legal gaps
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
Google Pay, Amazon Pay, Walmart-Backed Phonepe Eye Entry Into RBI’s Digital Rupee Program
6.8.2024
Google Pay, Amazon Pay, and Walmart-backed Phonepe are reportedly seeking to join India’s central bank digital currency (CBDC) initiative led by the Reserve Bank of India (RBI). Other fintech firms like Cred and Mobikwik are also seeking participation. These companies aim to facilitate...
French Regulator Begins Accepting Crypto Service Provider Applications Ahead of MiCA Regulation
6.8.2024
The French financial regulatory authority has begun accepting applications for authorization as a crypto asset service provider under the European Markets in Crypto-Assets (MiCA) Regulation, ahead of its implementation in December 2024. This regulation mandates prior authorization for market...
Market Panic: Bitwise CIO Reflects on Bitcoin’s Resilience Amid Market Turmoil
6.8.2024
The chief investment officer at asset management firm Bitwise has addressed the current market downturn, drawing parallels with the market crash on March 12, 2020, when the Covid-19 pandemic caused global panic. “People smash the sell button for liquid assets during broad-based panics....
The Bitcoin bottom is not in — BTC traders set price targets in low $40K range
5.8.2024
Crypto traders appear to agree that today’s market rout is far from over
US government transfers 300 ETH — Arkham Intelligence
5.8.2024
The 300 Ethereum coins were transferred from a wallet identified as “Noman Seleem Seized Funds” by the onchain analytics firm
Capula Management Invests $500M in Bitcoin ETFs Amid Market Crash
5.8.2024
Capula Management, Europe’s fourth most prominent hedge fund, recently revealed a $500 million investment in Spot Bitcoin ETFs.…
Following the Crypto Downturn, Market Observers Predict a 2020-Style Comeback
5.8.2024
Over the past 24 hours, as market values have declined significantly, many observers have begun discussing the current crypto market cycle and the potential for digital currency prices to recover. Data indicates that hundreds of billions of dollars have exited the crypto economy, but some believe...