Market Analysis
Bitcoin (BTC) Breaks Above $60k as Meteoric Rise Signals Market Confidence
Bitcoin's valuation soared to an impressive $60,354.58, marking a substantial increase of $3,216.28 (5.63%) in just a single day.
Total Stories
34
News
Digital Assets
Section
Digital Assets
Market Analysis
Coinbase’s Stock Gains as Firm Announces $2.9B Deribit Deal
Coinbase's acquisition of Deribit for $2.9 billion marks a strategic expansion into the global crypto options market.
Policy
Indonesia Launches State-Backed Digital Asset Exchange
Following multiple delays, Indonesia launched its government-sanctioned national cryptocurrency exchange.
Crypto
Nasdaq Discards Plans to Launch Proprietary Crypto Custody Service
In its Q2 earnings call, Nasdaq announced it will stop making efforts to launch its crypto custody service due to regulatory heat in the US.
Crypto
Societe Generale Subsidiary Becomes the First Licensed Crypto Service Provider in France
Societe Generale's crypto division is the first company to become a licensed crypto service provider in France.
Crypto
Digital Asset Funds See 5th Week of Consecutive Net Outflows
Digital asset funds have seen more than $232 million, which represents 0.7% of total assets under management, in outflows since mid-April.
Crypto
Over 40 States to Launch a United States Blockchain Coalition
The Washington Technology Industry Association is one of the founding members of the USBC.
Crypto
Taurus Closes $65M Round Led by Credit Suisse
Digital assets infrastucture company Taurus secures $65 million investment from major traditional banks including Credit Suisse and Deutsche Bank.
Banking
America’s Oldest Bank BNY Mellon Names Its First Digital Assets CEO
BNY Mellon recently announced it is naming Caroline Butler as its new CEO of digital assets.
Crypto
Digital Asset Funds See Largest Inflows Since Since July 2022: Report
Digital asset funds saw $117 million in inflows, with Bitcoin funds accounting for $116 million of that tally.
Market Analysis
Digital Asset Funds Inflows Fell to $433M in 2022, From $9.1B in 2021: Report
Digital asset inflows in 2022 stood at $433 million, the lowest since 2018.
Market Analysis
Weekly Trading Volume for Digital Asset Investment Products at 2-Year Low: Report
Digital assets investment products saw trading volume plummet to a 2-year low last week, according to CoinShares.
Policy
SEC Wants Firms to Report Impact of Crypto Bankruptcies, Excess Withdrawals
SEC just posted new guidelines for companies to report on their exposure to digital assets—and the effects the bankruptcy of “XX” had on them.