Institutional managers hold a record $13.9B worth of Ethereum
Weekly inflows into Ethereum investment products continue to grow, according to the latest CoinShares report. Go to Source Powered by WPeMatico
Cryptocurrencies
Auto Added by WPeMatico
Auction giant Sotheby’s to accept BTC and ETH as payment via Coinbase
Bitcoin and Ether will bring the next step of Sotheby’s crypto adoption after the firm debuted NFTs earlier this year, its CEO said. Go to Source Powered by WPeMatico
Singapore’s largest bank posts tenfold crypto volume growth in Q1 2021
DBS CEO Piyush Gupta said the bank’s exchange has scheduled a token offering for Q2. Go to Source Powered by WPeMatico
Binance CEO warns of CBDC drawbacks as digital dollar pilots proceed in US
CBDCs will never offer the same freedom of use as cryptocurrencies like Bitcoin, according to Binance CEO Changpeng Zhao. Go to Source Powered by WPeMatico
Young Koreans Less Keen on Crypto Taxation Than Older Generations, Poll Finds
Opponents of the government’s plan to tax gains from cryptocurrency trading outnumber supporters among South Koreans in their 20s, a new survey shows. Representatives of other age groups are more open to the proposed taxation of investments in virtual assets. Nearly Half of Young Koreans Reject Tax on Crypto Profits According to the poll, a … Read more
Crypto donors to star-studded benefit raise $440K for autism awareness
Thanks to support from Nexo, viewers were able to donate in cryptocurrency to the “ColorTheSpectrum” live stream last week. Go to Source Powered by WPeMatico
Range-bound Bitcoin price opens the door for altcoins to move higher
Bitcoin remains pinned below $58,000 while Ethereum price soars to new highs and the number of ETH held on centralized exchanges falls. Go to Source Powered by WPeMatico
Employer paid worker in crypto, then demanded it back when price rose
“I have worked with this person for many years, and he has a tendency to try to change the terms of payment after agreeing on a certain way of operating,” said the contract worker. Go to Source Powered by WPeMatico
DeFi resurgence lifts Maker, Aave and Compound price to new highs
As Ethereum rallied to new highs, the total value locked in multiple DeFi platforms surged above $10 billion, lifting MKR, AAVE and COMP toward new all-time highs. Go to Source Powered by WPeMatico
CME Group introduces micro Bitcoin futures
The new contract is worth one-tenth the size of a single Bitcoin. Go to Source Powered by WPeMatico