Asset

Bitcoin halving concerns triggered the 11th consecutive week of outflows from the blockchain equities. According to data compiled by CoinShares, blockchain equities experienced $9 million in withdrawals as investors worried about halving the impact on mining companies because it can affect their profitability and, subsequently, the value of their investments in those firms. The latest halving saw the mining reward slash to 3.125 BTC. If mining becomes less profitable as a result, it can lead to reduced revenue and potential…

The crypto market is experiencing a remarkable shift with one contender poised to surpass the strong performance of a leading blockchain platform. As the bull run of 2024 unfolds, investors are eagerly searching for the next big performer. This particular blockchain has caught the attention of the market for its impressive capabilities and potential to outshine its competitors. The anticipation is high as experts analyze its trajectory. Discover the insights on this rising star that could redefine investors' portfolios in…

Investor hesitancy continued as digital asset investment products witnessed a modest sum of $126 million in outflows last week. This reluctance could potentially be due to the stall in positive price trends. While trading volumes increased slightly from $17 billion to $21 billion compared to the previous week, activity in ETP/ETFs decreased relative to the overall market. Investor Hesitancy Prevail In the past month, these investment vehicles accounted for 40% of total volumes on reputable exchanges, but last week, they…

[PRESS RELEASE – Johannesburg, South Africa, April 15th, 2024] VALR, the Pantera-backed crypto exchange headquartered in Johannesburg, announced that it has been granted both a Category I and Category II license by the Financial Sector Conduct Authority (FSCA) of South Africa as a Crypto Asset Service Provider (CASP). This milestone makes VALR one of the first crypto asset platforms to receive regulatory approval in both categories in South Africa. The FSCA opened CASP license applications in June 2023, giving crypto…

[PRESS RELEASE – Victoria, Seychelles, April 12th, 2024] Bitget, a world-leading cryptocurrency exchange and Web3 platform, is excited to announce the launch of its latest feature, Pre-market. This new feature aims to meet the demand for pre-listing trading of the latest tokens and enhance the liquidity and trading experience for users. The first supported token on the Pre-market will be Merlin Chain (MERL), and trading will commence at 04:00 (UTC) on April 12th. Pre-market is designed to facilitate trading for…

Over half of Deutsche Bank’s customers view Bitcoin as a significant asset, with a shift in perception towards cryptocurrencies. Amidst varying predictions, Bitcoin’s upcoming halving event and institutional interest spark debates on its potential price surge. As a leading entity in the DAX stock market index, Deutsche Bank has spotlighted the transformative potential of digital currencies in shaping future payment systems. Deutsche Bank Research suggests that Bitcoin might become the digital equivalent of gold for the 21st century. A recent…

With the broader market resurgence, digital assets investment products also maintained their upward trend. According to CoinShares’ latest data, inflows reached $646 million last week. As a result, year-to-date inflows have reached an all-time high of $13.8 billion, significantly surpassing the $10.6 billion recorded in 2021. ETF Hype Slows Down The new feat comes after digital asset investments rebounded strongly at the end of March. With the market gearing up for the much-anticipated BTC halving this month, investor sentiment has…

A jury in a New York court has found Do Kwon liable for defrauding investors through the $40 billion crypto disaster orchestrated by Terraform Labs through LUNA and UST cryptos. Terraform Labs said it’s disappointed with the ruling and vowed to fight back, claiming that the SEC has no authority against the company or its founders. Do Kwon and his company Terraform Labs (TFL) are liable for defrauding investors through the $40 billion crypto catastrophe that was LUNA and UST.…

London, United Kingdom, April 6th, 2024, Chainwire QuantAMM, the on-chain asset-management infrastructure provider, is thrilled to announce the successful closure of a $1.85 million pre-seed funding round. Investors such as 8VC, Mako, Marshland Capital and 369 Capital join the pre-seed funding round as well as influential TradFi and DeFi angels. This milestone follows QuantAMM's completion of prestigious Longhash and Hypernest accelerator programs while Chainlink has also joined the cap table as part of QuantAMM’s membership of the BUILD program. At…