Cryptocurrency investment product I saw According to CoinShares, inflows totaled $130 million in the week ending May 6, reversing five consecutive weeks of outflows. Institutional investors have increased their exposure to digital assets, with a total of $130 million flowing into cryptocurrency investment products last week, according to CoinShares’ “Digital Asset Fund Flows Weekly” report released on May 13.Once again, the lion’s share of the movement was attributed to Bitcoin (BTC) investment funds, which received inflows of $144 million.Capital flow in cryptocurrency investment products. Source: CoinSharesAccording to the report, weekly trading volume in investment products fell from an average of…
Author: Crypto Flexs
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Abu Dhabi, Abu Dhabi, May 14, 2024, Chainwire Liminal Custody, a leading provider of digital asset management and wallet infrastructure solutions, today announced a milestone achievement: the acquisition of its Financial Services Permit (FSP) from the Abu Dhabi Global Markets (ADGM) Financial Services Regulatory Authority (FSRA). This prestigious license is a significant milestone in Liminal’s journey and solidifies its commitment to compliance and innovation within the rapidly growing digital asset space. Achieving FSP positions Liminal as a trusted partner for institutions seeking secure and compliant solutions to protect their valuable digital assets. Notably, this license gives Liminal the ability to…
Earn seamlessly on all eligible cryptocurrencies! Rewards are a new feature that helps support the cryptocurrency ecosystem by encouraging users to spend more time using their cryptocurrency while also helping verify transactions. Get rewarded for your assets held in spot balances without them being locked up or subject to bonding periods. You can access your assets at any time to trade, withdraw, or use them as margin collateral (if available in your region). Gone are the days of manually clicking through portfolios to earn returns on individual assets. Rewards automates the entire process. It couldn’t be simpler to join the…
Tether partners with RAK DAO for blockchain education. Tether Operations Limited, the largest company in the digital asset industry, has announced a partnership with RAK Digital Assets Oasis (RAK DAO). The collaboration includes the signing of a Memorandum of Understanding (MOU) and marks the start of a strategic initiative to drive adoption of Bitcoin technology and stablecoins in Ras Al Khaimah (RAK), the northernmost emirate of the United Arab Emirates. Promoting cryptocurrency adoption in the region As the first common law free zone focused on digital and virtual asset companies, RAK DAO is at the…
Tornado Cash developer Alexey Pertsev’s fate in a Dutch court on Tuesday disappointed some in the cryptocurrency industry, but some say the law in the U.S. could have different results for other developers later this year. According to the ruling, the Dutch court convicted Pertsev, 31, laundered $1.2 billion in cryptocurrency through the Tornado Cash mixer. A three-judge panel sentenced Pertsev to five years and four months in prison. In its final conclusion, the court said, “The court considers that it has been legally and convincingly established that the accused, along with others, is guilty of ether laundering from the…
“The latest proposal is the result of his participation in account abstraction research for about a week,” Ansga Dietrichs, a core Ethereum developer who co-authored EIP-3074 and EIP-7702 with Buterin, told CoinDesk via chat. conversation.”
GameStop stock price surpassed Bitcoin (BTC)’s annual return in one day. Could some of the profits be found in the altcoin market, similar to previous bull cycles?GameStop stock surpasses BTC’s annual return in one day.On a year-to-date chart, GameStop stock’s returns are up more than 154%, while Bitcoin’s year-to-date returns are over 129%, according to TradingView.source: TradingViewMost of GameStop’s gains have come in the past two days, with GameStop’s price up more than 105% on May 14 as of 2:35 PM UTC.The price of GameStop began rising on May 13 after Keith Gill, widely credited with starting GameStop shorting in…
Solana broke the $142 resistance level and started a new rally. SOL price is up nearly 8% and could continue rising if it overcomes $150 resistance. SOL price regained its upward momentum and tested the $150 resistance against the US dollar. The price is currently trading above $1452 and the 100 simple moving average (4-hours). On the 4-hours chart of the SOL/USD pair, a major bearish trend line was broken above the resistance level of $144 (data source from Kraken). Failure to hold above $146 could overcome the $150 resistance level. Solana Price looks for more upside Solana price formed…
join us telegram A channel to stay up to date on breaking news coverage The digital asset is gaining recognition through popular liquidity network Paradigm, with the launch of linear options altcoin trading on the Deribit exchange. Meanwhile, the market is on the rise in today’s trading session. On another note, the cryptocurrency sector has seen an influx of cryptocurrencies. New Cryptocurrency Launches, Listings, and Pre-sales Today. InsideBitcoins lists these tokens, including use cases, partnerships, and current market outlook. New cryptocurrency launches, listings and pre-sales today GreenWAVES is an ecosystem built on the native token GreenWAVES ($GRWV). We offer a…
In a significant step toward fostering blockchain innovation, Ripple’s University Blockchain Research Initiative (UBRI) has played a critical role in establishing a critical foundation and learning environment for the next generation of blockchain engineers from Historically Black Colleges and Universities (HBCUs).UBRI’s impact on blockchain educationOver the past six years, UBRI has set the standard for blockchain education, research, and inclusive economic growth. With more than 50 university partners in 26 countries, the initiative has contributed to more than 600 new or expanded fintech courses and more than 1,500 academic blockchain research projects.In a recent development,…