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Digital assets manager CoinShares says institutions poured two billion dollars into crypto products last month.
In its latest Digital Asset Fund Flows report, CoinShares says digital asset investment products reached $185 million in inflows last week.
“Digital asset investment products saw inflows for the 4th consecutive week totaling US $185 million, with May seeing US $2 billion inflows,...
The CEO of blockchain analytics firm CryptoQuant says that Bitcoin’s (BTC) on-chain market structure looks similar to 2020 before its bull market finale.
Ki Young Ju tells his 346,000 followers on the social media platform X that Bitcoin’s current price action is reminiscent of four years ago when BTC consolidated for over half a year while on-chain activity rose rapidly.
Ju says that $1 billion...
The leader of the Gamestop (GME) short squeeze movement is sitting on potentially one of the best trades of all time shortly after his dramatic comeback to the public eye.
Keith Gill, who goes by ‘Roaring Kitty,’ is currently looking at hundreds of millions of dollars in gains after building a massive call option position in GME.
Yesterday, the legendary meme stock trader made his first post on...
The co-founder of Tether (USDT), the world’s largest stablecoin by market cap, reportedly says it’s “inevitable” that China will reverse course and open up to crypto assets.
According to a new report by the South China Morning Post, Tether co-founder Brock Pierce says that China – which banned all crypto-related commercial activity years ago – will eventually recognize digital assets as...
The CEO of Coinbase is laying out his plan to move crypto regulation forward.
In a new company blog post, Coinbase head Brian Armstrong argues clear crypto regulations should be a non-partisan issue.
“Coinbase is an apolitical company on issues unrelated to our mission. But when it comes to our mission of increasing economic freedom by growing the adoption of cryptocurrencies, we are deeply...
A widely followed analyst and trader is revealing his top four altcoin picks for the next six months.
The analyst pseudonymously known as The Flow Horse tells his 217,900 followers on the social media platform X that Ethereum (ETH) is one of the main plays to look at from now until late this year.
His other picks include memecoin Pepe (PEPE), MAGA (TRUMP), a memecoin inspired by presidential...
The Office of the Comptroller of the Currency (OCC) is taking action against a former bank employee for allegedly stealing thousands of dollars in just one week.
The OCC says it’s issuing an order of prohibition against Sabrina Prince for violations of law that resulted in unjust enrichment at the expense of PNC Bank.
Between May 24th and May 31st of 2023, the OCC says Prince, who was at the...
The chief legal officer of crypto exchange Coinbase says that the U.S. Securities and Exchange Commission (SEC) is determined to stifle the digital asset industry.
In a new thread on the social media platform X, Coinbase executive Paul Grewal says that the regulatory agency is “bent on choking” the digital assets industry by mandating rules that are “unworkable” for crypto firms.
According to...
Legendary trader Peter Brandt says one Bitcoin (BTC) chart looks quite similar to the one printed by the stock market in the mid-1980s before a big breakout.
Brandt tells his followers on the social media platform X that he’s looking at Bitcoin versus the M1 money supply chart (BTC/WM1NS), which compares the value of BTC against all the money sloshing in the US economy.
“The argument for Bitcoin...
Roughly 6.8% of the global population now holds crypto assets, according to digital currency payment company Triple-A.
In a new report, Triple A says the number of people who own cryptocurrency is now 562 million, up by about 34% from 420 million in 2023.
Of the countries worldwide, the United Arab Emirates has the highest cryptocurrency ownership rate at 25.3%, followed by Singapore at 24.4%. ...