European digital asset manager CoinShares’ revenue up 33% in Q2
Proprietary trading activities contributed heavily to the revenue increase. Go to Source Powered by WPeMatico
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Proprietary trading activities contributed heavily to the revenue increase. Go to Source Powered by WPeMatico
Bitcoin-related funds saw outflows of $13 million over the past week, reversing five weeks of bullish inflows, according to Coinshares analyst James Butterfill. Go to Source Powered by WPeMatico
However, Ethereum saw outflows in the amount of $2 million and remains the asset with the most outflows year-to-date. Go to Source Powered by WPeMatico
Blockchain equities inflows reached a recent high of $15 million as well. However, total trading volume dropped. Go to Source Powered by WPeMatico
Fed Chair Jerome Powell announced a pause in interest rates, but Bitcoin options data still warns that a BTC price drop to $25,000 is possible. Go to Source Powered by WPeMatico
Outflows across all digital asset investment products hit $232 million over the past five weeks, with BTC-related funds leading the carnage, per Coinshares. Go to Source Powered by WPeMatico
Fear and trepidation spread across the crypto market last week following the high-profile collapses of Silvergate Bank and Silicon Valley Bank. Go to Source Powered by WPeMatico
Institutional investors are feeling the heat as the SEC targets all aspects of the crypto industry in the United States. Go to Source Powered by WPeMatico
CoinShares’ stock was previously listed on the Nasdaq First North Growth Market, an alternative stock exchange for small and medium-sized companies. Go to Source Powered by WPeMatico
The aftermath of FTX’s collapse has soured crypto investor sentiment with “record” inflows into short-investment products last week, said CoinShares. Go to Source Powered by WPeMatico