crypto investments – DIGIT INFO

Grayscale Bitcoin Trust ETF outflows exceed $21B in under 12 months

DIGIT — Mon, 16 Dec 2024 08:47:37 +0000

The Grayscale Bitcoin Trust has had $21 billion in outflows since January, overshadowing gains from the nine new US-based spot Bitcoin ETFs in the market.

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Mara Holdings raises $1B for Bitcoin acquisition, debt buyback

DIGIT — Thu, 21 Nov 2024 14:21:22 +0000

Mara Holdings has secured $1 billion through convertible notes for strategic debt management and aggressive Bitcoin investment.

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Crypto investment products see $147M outflows after 3-week inflow streak

DIGIT — Mon, 07 Oct 2024 12:26:38 +0000

The outflows from crypto investment products in the last week followed a series of inflows totaling nearly $2 billion in the previous three weeks.

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Deus X Capital unveils Solstice Labs to boost institutional DeFi growth

DIGIT — Fri, 20 Sep 2024 07:00:00 +0000

The new business is the latest of several digital asset companies Deus X Capital has a hand in.

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Crypto venture capital funding surges to $633M in August rebound

DIGIT — Fri, 06 Sep 2024 11:00:00 +0000

Crypto VC funding rose 15% from July, with growing investor interest in blockchain infrastructure development.

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Hong Kong to launch Asia’s first inverse Bitcoin ETF

DIGIT — Mon, 22 Jul 2024 09:13:54 +0000

CSOP’s new inverse Bitcoin ETF aims to profit from BTC price declines following their successful 2022 launch of the firm’s Bitcoin Futures ETF.

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Bank of America: Younger Wealthy Investors Prefer Crypto Over Traditional Investments

DIGIT — Wed, 19 Jun 2024 22:11:19 +0000

Bank of America report shows younger affluent individuals favor crypto and alternative investments, differing from older generations’ traditional focus. “In fact, the most ‘conservative’ group is holding the highest average exposure to crypto,” the bank said. ‘Younger Groups Hold More Crypto and More Alternative Investments’ Bank of America released a report titled “2024 Bank of […]

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Korean Crypto Exchanges Upbit, Bithumb Raided Over Lawmaker’s Crypto Dealings

DIGIT — Wed, 17 May 2023 06:00:01 +0000

South Korean prosecutors have raided two of the country’s largest coin trading platforms within an investigation into the crypto investments of a politician. They seized materials from Upbit and Bithumb amid suspicions of wrongdoing related to the lawmaker’s cryptocurrency holdings. South Korean Law Enforcement Authorities Check Records From 3 Crypto Platforms Investigators from the Seoul […]

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South Korean Politician Quits Party Over Crypto Scandal

DIGIT — Mon, 15 May 2023 08:30:43 +0000

A member of the South Korean parliament is leaving his party amid mounting allegations of massive crypto investments inconsistent with his frugal public image. The controversy, which has caught the attention of the Korean society, involves accusations of conflict of interest and other irregularities. Lawmaker Leaves South Korean Opposition Party Over Crypto Holdings Kim Nam-kuk, […]

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Gallup Poll: Americans’ Preference for Real Estate, Crypto Plunges — Fondness for Gold Skyrockets

DIGIT — Sun, 14 May 2023 08:00:08 +0000

A recent Gallup Poll reveals a significant decline in the percentage of Americans favoring real estate as their preferred long-term investment, despite its continued popularity. Conversely, the Gallup survey indicates that the perception of long-term investments in gold has experienced an almost twofold increase compared to the previous year’s poll on the same topic. Gallup […]

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