Bitcoin ETFs see $2.4B inflows as China ETFs hit record outflows

The rapid growth of mainstream attention toward cryptocurrencies has forced the hands of numerous governments to create their digital alternatives. Over the past few years, interest from various jurisdictions has been pointed towards central bank digital currencies (CBDCs) — digital versions of government-issued fiat.Given their capacity to use blockchain technology to facilitate a simplified fiscal…

Demand for Ethereum-based stablecoins exploded during the third-quarter DeFi bubble, with DAI’s supply growing by more than 600% and USDC expanding 200%. 962 Total views 4 Total shares Decentralized finance’s (DeFi) explosive third-quarter brought significant growth to Ethereum (ETH)-compatible stablecoins.According to crypto market data aggregator Messari, the supply of MakerDAO’s DAI stablecoin grew by 623%…

With the new investment, Bitget and Foresight expect to increase their involvement in the TON’s governance and future development plans.

Is risk in the eye of the beholder? Canada's central bank, the Bank of Canada, recently put out a report on the risks and benefits of a central bank digital currency. "An anonymous token-based central bank digital currency (CBDC) would pose particular security risks," the Bank of Canada wrote in its Oct. 5 report. "These risks arise from how…

Bitcoin (BTC) is “at the beginning” of an extended bull run and there are increasingly clear reasons to accept it.That was the opinion of Dan Held, head of growth at United States cryptocurrency exchange Kraken, who listed the latest evidence for bullish Bitcoin on Aug. 24.Many commentators have argued that Bitcoin is just getting started…

In less than two months, one Canadian Bitcoin ETF attracted $1.1 billion in assets under management, while two more funds are also growing their AUMs. 5948 Total views 27 Total shares The Purpose Investments ETF, the first Bitcoin (BTC) exchange-traded fund to launch in North America, has seen its assets under management soar to $1.1…

The U.S. Securities and Exchange Commission has dropped its case against Ether. However, in another crypto case, the regulator still demands billions in penalties from Ripple.

Over the past week Ether (ETH) has shown that it is not permanently hinged to Bitcoin’s (BTC) price action and notably, a number of altcoins are also beginning to forge their own paths higher. Ethereum breaks through key resistanceClose analysis of the ETH/USD and ETH/BTC chart shows rumblings of a bullish breakout, but there are still…

More and more traders are turning to DEX aggregators to seek out the best rates for token swaps. 1387 Total views 5 Total shares Trading volumes on popular decentralized exchange (DEX) aggregators have surged to new highs over the past few weeks.Decentralized exchange aggregators provide a way for token traders and swappers to scan several…