Source: Pexels Locked crypto assets valued at $750 million are set for release by December 2023, according to data gathered from the Token Unlocks platform. A total of four decentralized blockchain protocols are looking to saturate the crypto market with their digital tokens. Among these blockchain networks, the renowned decentralized exchange, dYdX, is scheduled to […]
Digital asset investment products saw inflows amounting to $293 million over the past week. This extended a seven-week streak of inflows surpassing the $1 billion milestone. Year-to-date inflows now stand at $1.14 billion, marking the third-highest annual inflows on record. Ethereum witnessed a massive turnaround in sentiment, welcoming its largest inflow since August 2022 of
Digital Asset Investments Hit $1.14 Billion YTD: CoinShares Read More »
Image Source: Pexels Digital asset investment funds saw a record $326 million in net outflows last week, marking the largest single week of inflows since July 2022. According to a recent report by CoinShares, the surge in investor interest can be attributed to growing optimism surrounding the potential approval of a spot-based Bitcoin exchange-traded fund
Source: iStock/Photographer, Filmmaker, Designer Cryptocurrency firm, Galaxy Digital views the approval of a spot Bitcoin (BTC) ETF as “the most impactful catalysts” towards the growth and adoption of the top digital asset. In an Oct 24 market analysis, Galaxy’s research associate Charles Yu explained the possible effects of a spot BTC ETF in the United
Galaxy Digital Projects Bitcoin Price to Reach Near $60,000 Year After Spot ETF Approval Read More »
Source: iStock ‘Big Four’ accounting behemoth Ernst & Young (EY) unveiled Tuesday that Fidelity Digital Assets, the digital asset arm of Fidelity Investments, has adopted EY’s latest blockchain analytic tool. Dubbed EY Blockchain Analyzer: Reconciler, the tool is available through EY Blockchain’s Software as a Service (SaaS) platform. The “fourth generation” product will enable organizations
