CoinShares acquires French crypto asset manager Napoleon AM
CoinShares previously agreed to acquire the entire issued share capital in Napoleon Crypto SAS for $14.5 million in November 2021. Go to Source Powered by WPeMatico
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It’s time to refocus on crypto infrastructure, CoinShares CSO says
CoinShares CSO Meltem Demirors finds crypto infrastructure and developer tools more interesting than Web3 and the money aspect of crypto during the current bear market. Go to Source Powered by WPeMatico
Institutional crypto asset products saw record weekly outflows of $423M
Canadian investors represented a hefty $487.5 million worth of outflows for crypto investment products, with the figure partially offset by $70 million worth of inflows from five other countries. Go to Source Powered by WPeMatico
The crypto industry must do more to promote encryption, says Meltem Demirors
Meltem Demirors sat down with Cointelegraph to express why the industry needs to focus on privacy and freedom when it comes to regulations. Go to Source Powered by WPeMatico
Almost $100M exits US crypto funds in anticipation of hawkish monetary policy
“What has pushed Bitcoin into a “crypto winter” over the last six months can by and large be explained as a direct result of an increasingly hawkish rhetoric from the US Federal Reserve,” CoinShares wrote. Go to Source Powered by WPeMatico
PWC: Majority of Crypto Fund Managers Surveyed Predict Bitcoin Could Reach $100K by Year-End
Major financial services firm PWC has conducted a study and found that the majority of crypto fund managers surveyed believe that the price of bitcoin would be between $75K and $100K by the end of this year. Bitcoin’s Price Estimate by Crypto Fund Managers PWC, a Big Four accounting firm, published its “4th Annual Global … Read more
Longer-term Bitcoin holder losses hit two year lows
Bitcoin’s long-term holders are beginning to suffer losses matching those from previous bear markets, and Glassnode believes the pain may continue, and even get worse. Go to Source Powered by WPeMatico
Two more spot crypto ETFs launch on Australian markets
Both of the new Australian exchange-traded funds by 3iQ Digital Asset Management will feed from its existing Bitcoin and Ethereum ETFs listed on the Toronto Stock Exchange. Go to Source Powered by WPeMatico
Amid crypto bear market, institutional investors scoop up Bitcoin: CoinShares
Bitcoin investment funds are seeing positive inflows while Ether funds continue to be drained, according to industry data. Go to Source Powered by WPeMatico
Bitcoin funds saw largest single week of outflows since June 2021
“It is difficult to ascertain the precise reason for this other than the hawkish rhetoric from the US Federal Reserve and the recent price decline,” CoinShares wrote. Go to Source Powered by WPeMatico