First leveraged MicroStrategy ETF launches in the US
The ETF could offer more leveraged exposure to Bitcoin, especially for institutional investors looking to diversify their holdings.
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Inflows into crypto investment funds rise as Bitcoin carries 99% of the load
However, Ethereum saw outflows in the amount of $2 million and remains the asset with the most outflows year-to-date. 494 Total views 10 Total shares Bitcoin continues to shoulder the market, as digital asset inflows saw positive movement for the fourth consecutive week, with $137 million incoming. According to CoinShares, this brings the four-week total to…
XRPL on-chain transactions jump 108% in Q1 2024
The XRP Ledger (XRPL) recorded 251.39 million on-chain transactions during the first quarter of 2024, an increase of approximately 108% compared to the last quarter of 2023.
What’s shaping the future of the institutional crypto market?
2021 was a big year for cryptocurrency. El Salvador became the first country to adopt Bitcoin (BTC) as legal tender. In November 2021, the price of Bitcoin hit an all-time high approaching the psychologically significant mark of $70,000. And, all along the way, industry influencers like Elon Musk have been tweeting their enthusiasm about cryptocurrency…
Russia’s Prime Minister: Bear Market Is Not a Reason to Bury Cryptocurrencies
The massive 2018 bear market is not a reason to bury crypto, Russian Prime Minister Dmitry Medvedev claimed in a speech at the Gaidar forum. Russian news agency TASS reported on Medvedev’s comments yesterday, Jan. 15.Medvedev outlined the current crypto market situation as one of the main questions on the world community’s agenda, along with…
Bank to Basics: USC Project Seeks to Disrupt Traditional Wholesale Banking
On June 3, the Utility Settlement Coin (USC) project, one of the most ambitious crypto-based initiatives in mainstream finance, announced that it had taken the next step in its progression: the creation of a new company called Fnality International and the completion of a 50 million British pound ($63.2 million) Series A financing round.The momentum…
Alameda had ‘unfair’ trading advantage, special access to FTX funds: CFTC filing
CFTC court filing outlines a murky relationship between FTX and Alameda Research, highlighting the latter’s unfair trading advantage and misappropriation of user funds. 807 Total views 30 Total shares Own this piece of crypto history Collect this article as NFTCourt filings continue to shed light on the dubious relationship between FTX and Alameda Research, in…
$3 billion blockchain bond sale delayed ‘until further notice’
It is not currently clear when or if China Construction bank's debt issuance sale will be rescheduled. The listing of China Construction Bank’s blockchain-based debt issuance bonds has been delayed “at the request of the issuer” until further notice, according to a Nov. 13 statement from the Fusang exchange where they were due to be…
Much DAO: Open DeFi unveils DAO to support the entire ecosystem
Open DeFi’s new DAO will be community governed through a governance token. 1646 Total views 14 Total shares Decentralized finance alliance, Open DeFi, has announced it will create a decentralized autonomous organization, or DAO, to support its vision for an open and global cross-chain DeFi ecosystem.The alliance launched in late 2020 with the goal of…