Tag: Cryptocurrency investments

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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...
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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...
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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...
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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...
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Grayscale SUI Trust Launch Boosts SUI Price – CoinJournal

Grayscale's Launch of SUI Trust Sparks Price Surge and Institutional InterestGrayscale, a renowned cryptocurrency asset management firm, recently made waves in the digital asset market with the launch of its Grayscale SUI Trust. This...
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Bitcoin ETFs See Consistent Inflows for 6th Day Amid BlackRock Surge

Bitcoin ETFs continue to attract significant investment, with a sixth consecutive trading day of inflows reported amidst a surge in interest from institutional investors. On August 22nd, Bitcoin ETFs saw a total inflow of...
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Bitcoin Volume Hits Record High After FTX Collapse: What It Means

Bitcoin trading volume surged to a record high following the collapse of major cryptocurrency exchange FTX. This development has raised questions about the future of the digital currency and what it means for investors.The...
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Bitcoin Profitability Before and After Halving: A Detailed Analysis

Bitcoin's profitability has been a hot topic of discussion recently, especially with the upcoming halving event. According to recent data, the percentage of Bitcoin addresses in profit hit 100% before the halving but fell...
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Ronin Network Hit by $9.8 Million Exploit, Halts Bridge Operations

Ronin Network, a popular blockchain network for games that powers the Axie Infinity game, recently made headlines after pausing its bridge operations following a $9.8 million exploit. The incident, which occurred on August 6,...
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Bitcoin’s Correlation with Gold Strengthening During Economic Downturns

During times of economic uncertainty, investors often look for safe-haven assets to protect their wealth. In recent years, both Bitcoin and gold have emerged as popular options for investors seeking to hedge against market...