Last week, institutional investors poured nearly a billion dollars into crypto products, according to CoinShares, a digital asset manager. Big Money, Big Month CoinShares’ latest report shows that institutional crypto investment products saw a massive surge in inflows, totaling $901 million. This makes it the fourth-largest month for inflows on record, with this month’s inflows…
Coinbase, the popular crypto exchange, has officially partnered with the NBA’s Golden State Warriors and their home arena, Chase Center. What does this mean? Coinbase gets major exposure: Their brand will be seen during broadcasts and throughout Chase Center. Fans get perks: Season-long access to exclusive blockchain experiences, limited edition merch, and special benefits for…
Cardano founder, Charles Hoskinson, has outlined a bold vision for the future of the blockchain ecosystem: running a nation-state by 2030. He envisions a large-scale entity, potentially serving tens of millions of people. A Bold Vision for the Future Hoskinson believes that Cardano has the potential to revolutionize how we live and interact with technology….
Hong Kong’s stock exchange is making a bold move by introducing the first EU-regulated crypto index in Asia. This means investors can now trade Bitcoin and Ethereum alongside traditional stocks and bonds. Hong Kong Embraces Crypto The new index, called the HKEX Virtual Asset Index Series, will launch on November 15th. It will track the…
Solana has been on a roll lately. It’s been climbing the ranks and is now one of the top five blockchains. The price of SOL, its native token, has doubled in the last 10 months, and the network is becoming a hotbed for meme coins. Solana’s Growth Story Solana is the third largest smart contracts…
Coinbase Premium Drops, Signaling Potential Price Dip A key indicator for Bitcoin’s short-term price movement has just turned bearish. The Coinbase Premium, which measures the price difference between Bitcoin on Coinbase and other exchanges, has plummeted to its lowest level in two years. What Does This Mean? The Coinbase Premium is often seen as a…
A popular crypto analyst is sounding the alarm about Bitcoin, saying a big crash could be coming, even if the price breaks through a key resistance level. Don’t Get Too Excited The analyst, known as DonAlt, says that if Bitcoin breaks through $70,000 and then quickly falls back down, it would be a major red…
BlackRock, the world’s biggest money manager, is now holding a massive amount of Bitcoin – over 400,000 BTC worth $27 billion! This is according to their own data, and they’ve been buying up Bitcoin like crazy lately. In the past two weeks alone, they’ve added $2.3 billion worth of Bitcoin to their holdings. Why is…
Veteran crypto analyst Willy Woo believes that altcoins, those cryptocurrencies other than Bitcoin, are losing their explosive power. He thinks the current market cycle is different from previous ones because it’s the third time since 2017 that altcoins have gained significant attention. Meme-Driven Hype Woo argues that the current altcoin hype is driven by memes,…
Chamath Palihapitiya, a billionaire venture capitalist and early Bitcoin investor, believes Bitcoin is the ultimate weapon against inflation. He says Bitcoin is poised to replace gold as the top inflation hedge, and that it’s a long-term play, not a short-term trade. Bitcoin: The Inflation Hedge of the Future Palihapitiya, CEO of Social Capital, recently stated…
