Investor sentiment has recently shifted away from Bitcoin and toward Ethereum, based on fund flow data from CoinShares. Ether (ETH) investment funds have seen record net inflows of $2.2 billion in 2024, finally surpassing the cryptocurrency’s 2021 net inflow record of roughly $2 billion, according to CoinShares. The record inflows reflect “a dramatic turnaround in...Continue Reading

According to data from Market.US, the virtual power purchase agreement market was valued at roughly $16.7 billion in 2023. PowerDime, an energy finance company, revealed the development of a tokenized renewable energy trading platform built on the Chintai layer-1 blockchain network. The platform is geared toward institutional investors seeking yield and renewable energy projects looking...Continue Reading

A wallet that contained Bitcoin associated with the 2021 seizure from an individual who stole crypto from the Silk Road marketplace has moved. Blockchain records showed the United States government moved more than $1.9 billion worth of Bitcoin seized from the Silk Road marketplace to a Coinbase Prime wallet. According to data from blockchain analytics...Continue Reading

The reversal comes just three months after the US-based crypto exchange submitted its pre-application to the Turkish government. Cryptocurrency exchange Coinbase has withdrawn its pre-application for entry into the Turkish crypto market, according to documents released by the Turkish Capital Markets Board (CMB). Coinbase had previously joined several prominent enterprises seeking entry into Turkey’s cryptocurrency...Continue Reading

The former Binance CEO already pleaded guilty to one felony charge and served four months in prison, but receiving a presidential pardon could present certain opportunities. Former Binance CEO Changpeng “CZ” Zhao suggested that he would be open to receiving a federal pardon from United States President-elect Donald Trump for a felony charge. In a...Continue Reading

After announcing recent moves into stablecoins and native tokens, BitGo is now targeting retail clients. After over a decade of offering digital asset services to institutional clients, BitGo is now expanding into the retail market. According to a Dec. 2 announcement, BitGo is launching a global version of its digital assets solutions for retail investors,...Continue Reading

An unusual BTC price reaction to MicroStrategy’s latest confirmation of increased BTC exposure accompanies the week’s first Wall Street open. Bitcoin (BTC) gained at the Dec. 2 Wall Street open as a fresh round of buying by business intelligence firm MicroStrategy boosted markets. BTC/USD 15-minute chart. Source: Cointelegraph/TradingView Data from Cointelegraph Markets Pro and TradingView...Continue Reading

MARA Holdings urged the US government to be more aggressive in securing positions in Bitcoin and Bitcoin mining. Crypto miner Marathon Digital has spent more than $600 million to purchase Bitcoin in the last two months, according to a filing with the United States Securities and Exchange Commission. In a Dec. 2 filing, MARA Holdings...Continue Reading

Government participation in crypto hasn’t always had great outcomes for the space, with the SEC under the Biden administration causing plenty of headaches for firms. During his 2024 election campaign, United States President-elect Donald Trump made many crypto-related promises, including establishing a “strategic Bitcoin stockpile.” The idea has since picked up steam both in the...Continue Reading

Spot Bitcoin ETF provider WisdomTree became the fourth firm in the US to submit a Form S-1 filing with the SEC for a spot XRP ETF. WisdomTree, one of the first companies to issue a spot Bitcoin exchange-traded fund (ETF) in the United States in January, has filed to launch a spot ETF backed by...Continue Reading