Inflows to crypto funds have topped last year’s total, with Bitcoin dominance slipping at $30 billion while Ether and altcoins surge. Read More at https://cointelegraph.com/news/crypto-funds-flip-total-2024-inflows-48-7-billion-coinshares?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Author Archives: pdgweb
Luxembourg sovereign wealth fund invests 1% in Bitcoin ETFs
Luxembourg’s sovereign wealth fund has allocated 1% of its nearly $900 million portfolio, or roughly $9 million, into Bitcoin ETFs. Read More at https://cointelegraph.com/news/luxembourg-sovereign-wealth-fund-invests-in-bitcoin-etfs?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
SoftBank’s PayPay acquires 40% stake in Binance Japan
SoftBank’s mobile payment service PayPay acquired a 40% stake in the Japanese subsidiary of Binance after applying for US listing in August. Read More at https://cointelegraph.com/news/softbank-s-paypay-acquires-40-stake-in-binance-japan?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin has 100 days to go ‘parabolic’ or end its bull market: Analysis
Bitcoin Bollinger Bands data demands that BTC price action stage a fresh breakout within the next 100 days, but in which direction? Read More at https://cointelegraph.com/news/bitcoin-has-100-days-parabolic-or-end-its-bull-market-analysis?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Citi invests in stablecoin firm BVNK as Wall Street deepens crypto push
Citigroup’s venture arm invested in London-based stablecoin firm BVNK as Wall Street accelerates its push into blockchain-powered payments. Read More at https://cointelegraph.com/news/citi-invests-in-bvnk-stablecoin-infrastructure-expansion?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Uganda launches CBDC pilot as Kenya’s crypto bill passes final hurdle
Uganda’s CBDC, a digitized version of the Ugandan shilling, has been deployed on a permissioned blockchain and backed by Ugandan treasury bonds. Read More at https://cointelegraph.com/news/uganda-cbdc-tokenization-crypto-regulation-kenya?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitwise ‘not playing’ as it proposes low fee for its Solana ETF
Bitwise is seemingly already moving to undercut other issuers with its Solana Staking ETF, proposing an annual fee of just 0.20%. Read More at https://cointelegraph.com/news/bitwise-not-playing-as-it-proposes-low-fee-for-its-solana-etf?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoiners are in profit, but beware of short-term fragility: Glassnode
Bitcoin’s massive gains amid a surge in Bitcoin ETF inflows are signalling strong demand, but analysts warn that rising leverage introduces short-term risks. Read More at https://cointelegraph.com/news/nearly-all-bitcoin-supply-profitable-but-short-term-fragility-emerges-glassnode?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
BitMine stocks trade choppy after Kerrisdale short seller report
BitMine stock saw major swings after the Ether treasury firm caught the ire of short seller Kerrisdale, which issued a scathing report on the company. Read More at https://cointelegraph.com/news/bitmine-stock-choppy-kerrisdale-short-seller-report?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Here’s the real reason the 4-year Bitcoin cycle is dead: Arthur Hayes
BitMEX co-founder Arthur Hayes argued Bitcoin cycles are driven by monetary policy rather than timing, and something’s very different this time around. Read More at https://cointelegraph.com/news/real-reason-4-year-cycle-is-dead-arthur-hayes?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound