Onchain protocols, yield and liquidity infrastructure.
Amid a soaring cryptocurrency market, Japan’s Government Pension Investment Fund (GPIF), the world’s largest pension fund with assets over $1.5 trillion, is allegedly considering investing in Bitcoin. This move has been described as a substantial shift in investment strategy, and
Spot Bitcoin exchange-traded funds (ETFs) have surpassed Bitcoin futures ETFs in terms of market share, marking a significant breakthrough in the cryptocurrency investment environment. This change is being made against the backdrop of growing investor interest in Bitcoin and grow
There has been a considerable decline in withdrawals from Grayscale Bitcoin Trust (GBTC), as the price of Bitcoin is about to hit a new all-time high. According to reports from Cointelegraph, GBTC outflows have dropped to $170 million, suggesting that investor confidence may be o
The Securities and Exchange Commission (SEC), under increasing pressure to soften its stance on the cryptocurrency business, is at the center of an intense discussion among lawmakers and regulators about the future of cryptocurrency regulation in the U.S. The most recent developm
Magic Square, a prominent participant in the Web3 arena, has made a noteworthy advancement by acquiring TruePNL. With this acquisition, Magic Square is making a calculated strategic move to increase its presence in the Web3 ecosystem. With the support of well-known investors like
The CEO of Ripple, Brad Garlinghouse, has alluded to the potential launch of an exchange-traded fund (ETF) based on XRP in association with BlackRock. The disclosure coincides with a rise in interest in cryptocurrency exchange-traded funds (ETFs), especially in the United States,
Latest update says that Bitcoin exchange-traded funds (ETFs) recorded $2.2 billion in net inflows over the last week, reflecting a notable spike in investor interest. This spike in inflows has been linked to investors’ rising trust in Bitcoin as a reliable investment vehicle. It
The cryptocurrency community has recently been speculating on the World Bank’s designation of Ripple’s XRP as a stablecoin. The story gained momentum following comments made by former Ripple Director Sean McBride, which alluded to XRP’s possible development into a stablecoin. XRP
Following Bitcoin’s latest milestone, Ethereum, the second-largest cryptocurrency by market capitalization, is aiming for the $3,000 level, which has the cryptocurrency community excited. Since Bitcoin broke through the $50,000 barrier on February 12, the cryptocurrency market ha
