US regulatory crackdown leads to $32M digital asset outflows: CoinShares
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
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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
Brazil registered its highest number of companies and institutions declaring ownership of cryptocurrencies in August. The numbers, which come directly from the Brazilian Tax Authority (RFB), show that more and more institutions are eager to purchase cryptocurrency, and also indicate that the most significant volumes are moved using Tether’s stablecoin usdt. Institutions Are Holding More … Read more
The popularity of decentralized finance played an integral role in the launch of MetaMask Institutional as companies looked to safely enter the space. Go to Source Powered by WPeMatico
Institutional appetite for Ethereum will grow now that the network is ESG compliant, according to the BitMEX boss. Go to Source Powered by WPeMatico
Kareem Sadek and Kunal Bhasin said the team had seen “a lot of momentum” around the tokenization of assets but was also considering the potential growth of NFTs and the Metaverse. Go to Source Powered by WPeMatico
The DeFi industry must address scalability, liquidity and gas issues before serving more users, said Eric Chen, CEO and co-founder of Injective Labs. Go to Source Powered by WPeMatico
Nearly $14 million has been returned to BTC institutional funds over the past week, but Ethereum-based products are still seeing major outflows. Go to Source Powered by WPeMatico
Institutional investors are optimistic about the U.S. Securities and Exchange Commission (SEC) having more power to regulate the crypto market, a recent survey shows. They believe that if the SEC is granted extra powers, the prices of cryptocurrencies will be positively impacted. What Institutional Investors Think About Crypto Nickel Digital Asset Management, a regulated European … Read more
Seven months ago, during the first week of May, the digital currency entrepreneur Jihan Wu said at a conference that he expects the crypto industry to surpass the internet and the following August, Wu’s firm Matrixport raised $100 million and joined the crypto industry’s growing list of unicorns. This week an interview with Wu was … Read more
Foundry, the Digital Currency Group (DCG) subsidiary and cryptocurrency mining and consulting firm from Rochester, New York announced the launch of a new platform on Wednesday called Foundry Staking. The company says the product currently supports 20 blockchain networks and will provide digital asset staking and advisory services going forward. Foundry Launches Staking Services The … Read more