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Crypto investors cool on Bitcoin funds, turning to Ether and XRP
25.7.2023
Bitcoin-related funds saw outflows of $13 million over the past week, reversing five weeks of bullish inflows, according to Coinshares analyst James Butterfill
AI Crypto Economy Suffers $1.42B Loss Since February Peak; Top Tokens Record Weekly Declines
24.7.2023
In February 2023, the AI-driven cryptocurrency sector reached a staggering $4 billion in value. Yet, it has since experienced a downturn of $1.42 billion. Over the last week, eight of the top 10 AI-based crypto tokens saw declines against the U.S. dollar. Downturn Hits AI Crypto Market Once...
BCH Ecosystem Fund Bolsters Cashtokens Ecosystem With $20 Million Investment
24.7.2023
PRESS RELEASE. Dubai, July 24, 2023 – The BCH Ecosystem Fund has announced a significant $20 million investment in the Cashtokens ecosystem, following unanimous approval during the Bitcoin Cash (BCH) Network Upgrade on May 15, 2023. The Cashtokens protocol holds the potential to create...
Chainlink & InQubeta rallying: Analyst explains why you need QUBE to make money
22.7.2023
The crypto industry is a dynamic, fast-paced environment where one can witness a flurry of trends – from the rise and fall of tokens to the emergence of new crypto projects showing promising potential. Recently, two names have made headlines for their noteworthy momentum – Chainlink...
Ripple CLO Stuart Alderoty States SEC Chair Gary Gensler ‘Misstates the Law’ on Tokens
22.7.2023
Stuart Alderoty, CLO of Ripple, a cryptocurrency and payments services company, railed against the statements of U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler given in a recent congressional hearing. Alderoty criticized the stance taken by Gensler, stating that...
BTC to Peak at $42K in 2023: Finder’s Bitcoin Price Predictions Report
21.7.2023
Bitcoin is expected to reach its peak at $42,000 in 2023, with an end-of-year price prediction of $38,000, according to Finder’s bitcoin price predictions report. The report, based on a survey of 29 industry specialists, reveals that 43% of panelists believe bitcoin is currently underpriced...
Crypto VC funding tumbles as economic uncertainty scares off investors
21.7.2023
June rejected the three-month trend of rising venture capital investment into crypto, though that’s not necessarily a bearish signal
Today in Crypto: US Justice Department Revamps National Crypto Enforcement Team, Wormhole Releases Gateway Developed within Cosmos, Indonesia's Stock Market and Clearing House for Digital Assets Finally Operational
21.7.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: US Justice Department Revamps National Crypto Enforcement Team, Wormhole Releases Gateway Developed within...
Golden Cask Club: Brewing a new wave of crypto investment as Cardano & Dogecoin lose steam
21.7.2023
As Cardano (ADA) and Dogecoin (DOGE) experience a decline in popularity, a new wave of crypto investment is brewing with Golden Cask Club (GCC). This innovative cryptocurrency protocol aims to revolutionize the alternative investments market by offering NFT whiskey, wine, and champagne investments....
JPMorgan Warns Dollar Dominance Faces Risks From Political Instability, US-China Tensions
21.7.2023
JPMorgan has warned of the risks to the U.S. dollar’s dominance from escalating U.S.-China tensions and political instability. The global investment bank’s strategists anticipate “partial de-dollarization,” in which the Chinese yuan gradually assumes a more significant role...
Crypto Firm RISC Zero Secures $40M Funding Round Led by Blockchain Capital
20.7.2023
RISC Zero, a startup that builds zero-knowledge (ZK) proof software, has raised $40 million in a Series A funding round led by the major crypto-focused investor Blockchain Capital.
In its announcement of the closing of the funding round, RISC Zero said the fresh capital will be used to bring...
Kuwait Regulator Bans Crypto Payments, Investment and Mining
20.7.2023
The prohibitions are an effort to comply with the FATF's recommendations to prevent money laundering via crypto, the Capital Markets Authority said
Ark Invest Now More Confident in Bitcoin Reaching $1.5 Million, CEO Says
20.7.2023
The CEO of investment management firm Ark Invest, Cathie Wood, has explained why her firm’s confidence in bitcoin’s price reaching $1.5 million has increased. Citing the crypto’s performance during the regional bank crisis earlier this year, she stressed, “That was...
‘Get a Horse!’: What Crypto Can Learn From Early Automakers' Struggle for Acceptance
19.7.2023
Automotive pioneers were surrounded by fraudsters, hated by banks and attacked by trolls. Sound familiar?
Today in Crypto: Ankr and Matter Labs Launch zkSync Era Nodes & Hyperchain on Microsoft Azure Marketplace, Societe Generale-FORGE Gets First French Crypto Licence, Bitdeer Sits in 2nd-Highest Place in VanEck Crypto & Blockchain ETF
19.7.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Ankr and Matter Labs Launch zkSync Era Nodes & Hyperchain on Microsoft Azure Marketplace, Societe...
Venture Capital Firm CoinFund Raises $158 Million to Drive Innovation in Early-Stage Crypto and AI Companies
19.7.2023
The crypto-focused venture capital firm CoinFund has closed a fundraising round for its latest VC fund, the CoinFund Seed IV Fund, after raising $158 million from investors.
The investors in the new fund are a combination of family offices, institutional investors and high-net worth individuals...
Wood Says ARK Is ‘Taking Profits’ as It Sells $26 Million in COIN
18.7.2023
The sale comes a day after ARK sold $50.5 million of the crypto exchange’s stock
Report: BlockFi's Risky Investment in FTX and Alameda Despite Knowledge of Infamous Balance Sheet
18.7.2023
According to a recently unsealed report made in Friday's court filing, BlockFi Inc. executives ignored repeated warnings from their risk management team regarding significant loans to Sam Bankman-Fried's Alameda Research, collateralized with digital tokens from FTX....
Read More: Report: BlockFi's...
Inflows into crypto investment funds rise as Bitcoin carries 99% of the load
17.7.2023
However, Ethereum saw outflows in the amount of $2 million and remains the asset with the most outflows year-to-date
Bitcoin Dominates as Crypto Products Record Largest Consecutive Inflows Since 2021
17.7.2023
Bitcoin (BTC) once again stood out as the top target for investments from traditional fund investors last week, the latest report from crypto research and investment firm CoinShares has revealed.
According to the report, crypto-backed investment funds overall saw $137 million of inflows for...