Tag: Cryptocurrency investments
Tether Partners with Dutch Firm to Launch MiCA-Compliant Stablecoins
Tether has recently made an investment in a Dutch fintech company called Quantoz to launch two new stablecoins, EURQ and USDQ. These stablecoins will be compliant with the EU's Markets in Crypto-Assets Regulation (MiCA)...
US Bitcoin ETFs Hold 1 Million Bitcoin Valued at $96 Billion
US Bitcoin ETFs currently hold a massive 1 million Bitcoin, with a total value of $96 billion. This staggering amount is close to surpassing the estimated 1.1 million BTC stash of Bitcoin's mysterious creator,...
Coinbase Stock and App Rankings Surge with Crypto Market Rebound
Coinbase, the leading cryptocurrency trading platform in the United States, has experienced a significant increase in its stock value, surpassing $300 for the first time since November 2021. This surge, amounting to an 11%...
Record $31.3B Inflows in Digital Asset Funds with Bitcoin Leading Charge
Digital asset funds have seen an incredible influx of $31.3 billion, setting a new record. The total assets under management globally have reached $116 billion, indicating a growing confidence in the market. CoinShares reported...
U.S. Crypto Stocks Soar in Pre-Market Trading, MicroStrategy Tops $300
Crypto stocks in the U.S. are experiencing significant growth in pre-market trading, with bitcoin reaching a new all-time high above $82,000. This surge in the cryptocurrency market has led to a rise of more...
Bitcoin ETFs See Record $1.1 Billion Inflow in Historic BlackRock Boost
BlackRock, one of the world's largest asset managers, experienced a historic inflow of $1.12 billion into its IBIT on November 7th. This influx of capital surpassed the total combined inflows for all spot Bitcoin...
Bitcoin ETFs See $621 Million Inflow as BlackRock Records Rare Outflow Post US Election
Bitcoin ETFs have seen a significant increase in inflows, totaling $621 million, following the recent US presidential election results. Fidelity's FBTC received a large inflow of $308.8 million, while BlackRock's IBIT experienced an outflow...
Michigan State Pension Fund Exposes $11 Million to Ethereum ETFs
Michigan's state pension fund recently made headlines by disclosing an exposure of over $11 million to spot Ethereum exchange-traded funds (ETFs) in its latest 13-F filing. This move positions Michigan as the first state...
Microsoft Opposes Bitcoin Investment Proposal: Shareholder Vote Request
Microsoft is facing opposition from a conservative think tank, the National Center for Public Policy Research, regarding a proposal to assess Bitcoin diversification. The think tank has notified Microsoft shareholders about its intention to...
Crypto Regulation: SEC Chair Gary Gensler’s Views on Cryptocurrency as Currency
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler recently shared his views on cryptocurrency during an event at NYU School of Law in Manhattan. Gensler expressed skepticism about the idea of bitcoin or...
