Hedge Funds and Brokerages Dominate Bitcoin Assets, Coinshares 13F Filing Analysis Shows

A recent analysis from Coinshares, spearheaded by its lead research analyst, James Butterfill, brings to light the evolving landscape of bitcoin investments among institutional investors. This report, derived from 13F filings submitted to the U.S. Securities and Exchange Commission (SEC), offers a glimpse into the strategies of key players in the bitcoin market, underscoring the … Read more

Paypal’s PYUSD Supply Swells by $140.9M in 10 Days, Becomes Sixth Largest Stablecoin

According to statistics, Paypal’s PYUSD stablecoin has surpassed Tron’s stablecoin USDD becoming the sixth largest dollar-pegged token by market capitalization. Over the past ten days, PYUSD’s supply has swelled by $140.9 million. Paypal’s PYUSD Nears $1B Milestone The stablecoin asset issued by Paypal is now the sixth largest stablecoin asset today after growing significantly over … Read more

Crypto Spotlight 2024: Will BlockDAG Surge to $1 Amid Dogecoin’s Resilience and Chainlink’s Growth?

As the dust settles, let’s glimpse what’s brewing in the crypto world. Dogecoin is holding strong, with whispers of a climb beyond the $0.1065 mark stirring excitement. On another front, Chainlink is stretching its wings, now integrated across a dozen blockchain networks, an expansion that could really ramp up its adoption. But the spotlight’s really … Read more

Nigeria Seizes $37.5M in Digital Assets After Court Grants Freezing Order

The Nigerian government has seized approximately $37.5 million in digital assets from the organizers of the Endbadgovernance protests. The funds were frozen by a court order based on a claim by the Economic and Financial Crimes Commission, which alleged that the money was linked to money laundering and terrorism financing. Nigerians Feel Economic Pain The … Read more

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