Bitcoin Spot ETFs gain investor interest despite August outflows

Bitcoin (BTC) price has risen 8% from its March 11 low of $76,703, driven in part by large investors aggressively buying the dip with leverage. Margin longs on Bitfinex surged to their highest level since November 2024, adding 13,787 BTC over 17 days. Currently standing at $5.7 billion, this bullish leveraged positioning signals confidence in

Demand for crypto in Hong Kong is mainly driven by institutional investors rather than retail customers, Zodia CEO said. 228 Total views 3 Total shares Zodia, the institutional cryptocurrency custody platform co-owned by British banking giant Standard Chartered, Japanese SBI Holdings and the financial firm Northern Trust, is expanding its services to Hong Kong.Zodia Custody

In the short term, the e-commerce platforms can integrate the CBDC through QR codes. 467 Total views 4 Total shares While China’s central bank digital currency (CBDC) goes through technological and business model upgrades, the market should provide an opportunity to include it in all online retail payment options, according to a statement made by Changchun Mu

South Korea’s rising interest in nascent tech could prompt other nations to take up the idea of metaverse more seriously. 47 Total views 20 Total shares South Korea, a nation known for its strict crypto regulatory stance, is betting big on the metaverse. The government will invest over 223.7 billion won ($177.1 million) directly in…

The bankrupt crypto lender struck a deal with the U.S. government and its $1 billion sale of cryptocurrencies to Binance.US has moved forward. 594 Total views 6 Total shares Own this piece of history Collect this article as an NFTBankrupt cryptocurrency lender Voyager Digital Holdings has sealed a deal with the United States Federal government…

The Aave lending protocol introduced a new market based on Uniswap liquidity tokens, which lets depositors borrow assets against these synthetic tokens.The Uniswap market was launched and announced on May 28, and it lets holders of specific liquidity tokens use them as collateral to borrow crypto assets from the protocol.Each liquidity token represents ownership in…

The Singapore Shipping Association (SSA), the International Chamber of Commerce (ICC) and blockchain firm Perlin are jointly working on an e-registry for the ship registration and renewal process.Running on self-executing smart contractsThe International E-Registry of Ships (IERS) system is based on Perlin’s Wavelet, an open ledger for writing decentralized WebAssembly applications, financial daily Business Times…

Binance — the second-largest crypto exchange by daily trade volume — has announced support for Tezos (XTZ) staking, according to an announcement published on Dec. 3.Starting on Dec. 4, Binance’s users will be able to trade with XTZ, with XTZ rewards to be calculated daily based on live snapshots and distributed monthly. The distribution is…