Bitcoin price drops below $59K as institutions stop buying stablecoins
Bitcoin price saw its local bottom last time Tether minted $1.3 billion worth of stablecoins, which helped BTC recover over 21%. Go to Source
institutional investors
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Grayscale introduces Bittensor and Sui trust products
Grayscale has added the Bittensor protocol and the Sui network to its list of crypto investment products. Go to Source
Lido launches institutional-grade liquidity staking solution
The biggest ETH liquid staking protocol has enhanced its offering for large investors, many of whom are already its customers. Go to Source
BitFlyer acquires FTX Japan, plans to launch crypto ETFs
The acquisition could be another step towards the first spot crypto ETF launching in Japanese markets. Go to Source
Direct client demand driving growth in BlackRock’s Bitcoin ETF so far
BlackRock head of digital assets Robert Mitchnick talked ETFs with Bloomberg’s James Seyffart at Bitcoin 2024. Go to Source
Nansen launches industry-first Ether ETF analytics dashboard
The new Ether ETFs could also increase institutional investor participation, according to a Nansen analyst. Go to Source
Spot Ether ETFs ‘unlikely to be dramatic’ but would get steady capital — Binance CEO
Binance CEO Richard Teng highlighted that the spot Ether ETFs could provide a stable and substantial influx of capital over time. Go to Source
Mining Company CEO Claims Silver Deficit Is Growing, Institutions Might Drive Prices Higher
Keith Neumeyer, CEO of First Majestic Silver, a Canada-based mining company, discussed the silver production deficit in today’s precious metals markets. Neumeyer stated that while retail investors are interested in silver, institutions have to enter the market, supporting the activity of these extractive companies needed for many industrial purposes. Silver Prices Poised to Rise if … Read more
Spot Bitcoin ETFs see record inflows post-July 4 dip
The Bitcoin price correction provides strong opportunity for ETF investors to buy the dips. Go to Source
Hashnote Partners With Anchorage Digital to Offer Secure Crypto Investment Returns
Hashnote, a digital asset manager, has announced a partnership with crypto custody firm Anchorage Digital to offer secure investment returns for institutional clients. This collaboration integrates Anchorage’s custody services with Hashnote’s derivative strategies. Hashnote and Anchorage Join Forces to Reduce Counterparty Risk for Institutional Investors Investing in Crypto On Monday, Hashnote stated that the “collaboration … Read more