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Digital Asset Funds Record $1.76 Billion Inflows in 10 Weeks, Highest Since 2021: Report
4.12.2023
Source: Adobe / Luisa Digital asset investment products recorded $176 million in inflows last week extending the positive run to 10 consecutive weeks hitting huge numbers not recorded in years. A CoinShares Digital Asset Weekly Fund Flow report shows strong bullish sentiment from investors across...
3 out of 4 Web3 Games Launched Between 2018 and 2023 Now Inactive — Study
2.12.2023
Between 2018 and 2023, 2,127 out of 2,817 Web3 games launched have either failed or are now inactive, an analysis by Coingecko has shown. The failure rate was the highest in 2019 (94.3%) and 2020 (94.4%) while in 2021, 339 out of 738 games failed, translating to a failure rate of 45.9%. 2020...
World's Largest Bitcoin Futures ETF Breaks 2021 Record Highs for Assets Under Management
30.11.2023
ProShares' BITO now has $1.47 billion in holdings, as a flurry of bitcoin ETF applications in the U.S. seemingly spurs institutional interest in the asset
Dogecoin-funded SpaceX Moon Mission To Launch in January
29.11.2023
Source: Pixabay DOGE-1, a Dogecoin-funded SpaceX moon mission, has received a key regulatory approval from the National Telecommunications and Information Administration. The approval is one of the precursors to the final Federal Communications Commission license, which the mission is still yet...
Tron Blockchain Founder Justin Sun Rejects Reports Linking His Protocol to Terror Funding
29.11.2023
Tron blockchain founder Justin Sun has rejected suggestions that his protocol is increasingly being used by terrorist organizations. Sun said Tron’s top priority remains maintaining decentralization as well as making sure users’ assets remain safe. A new report suggests that between...
First Mover Americas: GBTC Discount to NAV Shrinks to Narrowest Since July 2021
27.11.2023
The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 27, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
MicroStrategy’s Bitcoin Holdings Drive Stock to Two-Year High – Here’s the Latest
26.11.2023
Source: Adobe/monticellllo MicroStrategy, the enterprise business firm known for its bullish stance on Bitcoin (BTC), has seen its stock soar to a two-year high. The technology company’s shares closed above $500 on Black Friday, a level not seen since December 2021, according to data from...
Indexed Finance thwarts hijackers, set to compensate 2021 hack victims
26.11.2023
In an X thread, Laurence Day, a former core contributor, detailed the efforts of the Indexed community in overcoming two hijacking attempts on the remaining treasury of the Indexed DAO
Grayscale's GBTC Discount to NAV At Narrowest Since July 2021 on ETF Optimism
24.11.2023
Is Illuvium Going to Zero? ILV Price Suffers 6.2% Fall as Strange Mining Token Steals the Limelight
24.11.2023
Rising GameFi project Illuvium, the decentralized studio building the world’s first interoperable blockchain gaming universe, has seen a -6.2% retracement move for ILV price, and some worried bag-holders are now asking ‘is Illuvium going to zero?’. This comes following something...
Down From the Peaks: A Look at Bitcoin, Ethereum, and Others Two Years After the 2021 Surge
19.11.2023
It’s been slightly more than two years since the 2021 cryptocurrency boom, a time when the crypto economy reached its zenith with a valuation of $2.90 trillion on November 10, 2021. Although it has been an extended and harsh crypto winter marked by numerous upheavals, a substantial number...
Former U.S. Presidential Candidate Andrew Yang Discusses Crypto at Blockchain Summit
17.11.2023
Former United States presidential candidate, Andrew Yang, took the stage at the North American Blockchain Summit to discuss issues and innovation surrounding digital assets on Thursday, November 16th. A pro-tech proponent Yang, who is a self-described “big proponent of Bitcoin and cryptocurrencies...
Grayscale Bitcoin Trust Discount Shrinks to 10.35% as ETF Hype Persists
13.11.2023
Source: Adobe/Ascannio The hype surrounding ETFs has helped narrow the discount on the Grayscale Bitcoin Trust (GBTC) to its lowest levels since July 2021. According to data from YCharts, the discount on GBTC compared to its net asset value currently stands at 10.35%, marking a significant...
Spot Trading Volumes Surge in October, Reaches Highest Level Since January 2021: CCData Research
8.11.2023
Source: Pixabay Spot trading volumes on centralized crypto exchanges saw a significant surge last month, marking the highest month-on-month increase since early 2021. According to research from CCData, the total spot trading volume rose by 87.2% to $632 billion in October, the highest monthly...
Coinbase to Cease Bitcoin SV Support by Jan 2024, Urges Holders to Withdraw Tokens
8.11.2023
Source: Adobe / prima91 Leading crypto exchange and wallet Coinbase on Tuesday, unveiled plans to completely cease support for Bitcoin SV (BSV) token. The platform had delisted the token in 2021. Coinbase confirmed the changes in a note sent to users stressing that the platform “will no longer...
Landmark Decision: U.S. Supreme Court Tackles Coinbase User Agreement Case
6.11.2023
A pivotal legal case concerning how crypto platforms settle disputes with their users is now headed to the United States Supreme Court. As reported by Bloomberg, SCOTUS has agreed to hear Coinbase’s appeal related to a case involving the crypto exchange’s $1.2 million Dogecoin (DOGE)...
Crypto Funds See $767M Six-Week Inflow, Best Since 2021 Bull Market: CoinShares
6.11.2023
Bitcoin funds attracted most of the demand, while ether funds saw their largest inflows since August 2022
Dubai Financial Services Authority Adds XRP and Toncoin to List of Recognized Tokens
3.11.2023
The Dubai Financial Services Authority (DFSA) has expanded its recognition of digital assets, adding Ripple (XRP) and Toncoin (TON) to its list of officially recognized tokens. This development underscores the DFSA’s commitment to creating a conducive regulatory environment for digital...
Chinese Court Hands 6-Year Prison Terms to Masterminds in $300 Million USDT Money Laundering Case
2.11.2023
The Tongliang Court in China handed down sentences to 21 individuals, including key figures in a $300 million USDT money laundering case. The massive crypto money laundering case, which spanned from November 2020 to late April 2021, revolved around the actions of the primary defendants, Jiang...
Investigation Reveals El Salvador Misused One-Third of $600 Million COVID Relief for Bitcoin
1.11.2023
The COVID-19 pandemic plunged El Salvador into economic turmoil in 2020, causing GDP to plummet nearly 8% and leaving many struggling to survive the strict lockdown measures. So when the Central American Bank for Economic Integration (BCIE) approved a $600 million loan in 2021 to provide relief...