Hong Kong Bitcoin, Ether ETFs wipe 2 weeks of inflow in a single day

An uptick in the USD currency index produces an instant plunge for BTC/USD, with the largest cryptocurrency sinking 5% on the day. Bitcoin (BTC) fell 5% to retest $11,000 on Sept. 2 as fresh strength in the U.S. dollar currency index appeared to spell trouble.Cryptocurrency market daily snapshot, Sept. 2. Source: Coin360BTC/USD sees sharp $12,000…

After months of bluster and braggadocio, decentralized finance (DeFi) platform Sushi is finally revealing the long-awaited “7/20” project update — but it remains to be seen if the new product will live up to the hype. Taking the stage this morning at the Ethereum Community Conference in Paris, Sushi CTO Joseph Delong pulled back the curtain…

Countries worldwide contributed heavily to the month-on-month increase in Bitcoin ATMs throughout 2024, collectively coming close to reclaiming the 38,000 mark.

Altcoins have been taking the spotlight as massive surges are seen across the board. Some have been making 1,000% moves or more as Aave (LEND) and Zilliqa (ZIL), for example. Others are slowly waking up out of the ashes, and some are printing new all-time highs. One of those recent all-time highs is Chainlink (LINK), as…

Australian farmers are all too familiar with dry and erratic weather conditions affecting day-to-day business. Reports over the last 20 years demonstrate that these conditions will only worsen — with an increased climate estimated to have​ ​reduced yearly profits​ by 22%.The current bushfire season has had a disastrous impact on the agricultural industry.​ ​NASA mapping…

The company confirmed its bet on the crypto space with its latest investment partners. 173 Total views 10 Total shares Citadel Securities announced that VC firms Sequoia and Paradigm made a $1.15 billion combined minority investment in the market maker, bringing its valuation to $22 billion. The partnership with Paradigm, a Web3-focused investor, signaled Citadel…

Bitcoin (BTC), Ether (ETH) and even nascent altcoins are a solid “buy,” a previously risk-off investor says.In a blog post released Feb. 8, industry stalwart Arthur Hayes announced a U-turn on his current crypto investment plans.Hayes changes tune on "risky assets"Current macroeconomic conditions stemming from the United States Federal Reserve previously made Arthur Hayes keen…

Institutional customers storing Bitcoin and other digital assets in GK8’s cold vault will receive up to $1 billion in insurance coverage. 227 Total views 2 Total shares Digital asset custody platform GK8 has partnered with USI Insurance Services to expand its insurance policy for institutional customers — a move the company said would incentivize banks…