Crypto fund inflows hit $2B in May led by BTC — CoinShares
Weekly inflows into crypto funds totaled $185 million for the last week in May, with monthly investment fund inflows reaching $2 billion.
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MicroStrategy to launch Bitcoin-based decentralized ID solution
MicroStrategy has already built an application on “MicroStrategy Orange” — Orange For Outlook — which integrates digital signatures into emails to verify the identity of the sender.
US Fed to create new crypto team amid concerns about unregulated stablecoins
The Fed’s Vice Chair for Supervision emphasized that they do not want to curb innovation, but ensure that regulations protect households and the financial system. 218 Total views 3 Total shares Own this piece of history Collect this article as an NFTThe United States Federal Reserve is set to create a “specialized team of experts”…
Cardano’s ADA is Either #6 or 7 By Market Capitalization — Depending on Who Counts
Cardano’s ADA recently overtook Litecoin (LTC) in market capitalization. Now it may have passed Bitcoin Satoshi Vision (BSV) as well, depending on how the metric is calculated.BCH, BSV, ADA & LTC. Source: CoinMarketCap.How many ADAs out there?At the time of this writing, CoinMarketCap, or CMC, shows ADA in seventh spot, while Nomics has it at…
Crypto Twitter says traders are short Bitcoin, but data shows otherwise
Margin trading allows investors to borrow stablecoins or cryptocurrency to leverage their position and improve the expected return. For example, borrowing Tether (USDT) will allow one to buy Bitcoin, thus increasing their Bitcoin (BTC) long position in. Investors can also borrow BTC to margin trade a short position, thus betting on price downside. This is why…
Bank of England and FCA launch Digital Securities Sandbox
The regulatory sandbox aims to strengthen the United Kingdom’s position as a global financial hub.
Zuckerberg’s Diem reportedly weighing sale after stablecoin plans falter
It looks like Meta is planning to jump ship, with inside sources saying that the crypto initiative is trying to sell its assets. 446 Total views 5 Total shares Meta-backed crypto initiative “Diem” is reportedly trying to sell its assets, seemingly calling time on Facebook founder Mark Zuckerberg’s grand ambitions for a stablecoin to act…
Reuters: Japanese Regulators to Introduce New Rules Regarding Exchanges’ Cold Wallets
Japan’s Financial Services Agency (FSA) will reportedly introduce new rules regarding cold wallets for storing cryptocurrencies at crypto exchanges, Reuters reported on April 17.Citing a source familiar with the matter, Reuters reports that the country’s financial regulator will reportedly require cryptocurrency exchanges to strengthen internal supervision of cold wallets — devices for storing digital currency…
Residents of Caribbean island can conduct local transactions using Bitcoin
"The adoption of cryptocurrencies is far from being a gimmick,” said one of the entrepreneurs behind a project developing property on the island. 836 Total views 11 Total shares The more than 5,000 residents of an island that forms a part of St. Vincent and the Grenadines can use crypto as a means of payment.According…