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Bullish Sentiment Spills Over To Institutional Investors As Ethereum Inflows Balloons

Bullish Sentiment Spills Over To Institutional Investors As Ethereum Inflows Balloons

[ad_1] Institutional investors had been showing bearish sentiment towards Ethereum for the longest time. The second-largest cryptocurrency by market cap, which had initially caught their attention, was not doing as well as expected, and the outflows that followed were massive. However, it looks like sentiment among these large investors is beginning to turn positive as […]

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Institutional Investment in ETH Turns Positive, with Inflows for Four Weeks in a Row

Institutional Investment in ETH Turns Positive, with Inflows for Four Weeks in a Row

[ad_1] Ethereum crypto investment product inflows reached $120 million over the past week (up to July 15). The last time this happened was in June 2021, according to digital asset management firm Coinshares.  Digital investment products exposed to ETH assets have seen inflows for four consecutive weeks. ETH investment products had experienced 11 weeks of

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Celsius’ Ex-CFO Could Advise During Bankruptcy Case

Celsius’ Ex-CFO Could Advise During Bankruptcy Case

[ad_1] Key Takeaways Former Celsius CFO Rod Bolger could return to serve as an advisor during the company’s ongoing bankruptcy case. Celsius says that Bolger has extensive experience with the company, making such an agreement in its best interests. Celsius’ latest legal filing suggests that a hearing will be held on August 8 to determine

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Valour to List Its ETPs on the Lang and Schwarz Exchange

Valour to List Its ETPs on the Lang and Schwarz Exchange

[ad_1] Valour Inc., a  fintech  Fintech Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions.

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Digital Currency Exchange Kraken Under Investigation for Violating OFAC Sanctions – Bitcoin News

Digital Currency Exchange Kraken Under Investigation for Violating OFAC Sanctions – Bitcoin News

[ad_1] On Tuesday, a newly published report details that the cryptocurrency exchange Kraken is under federal investigation for allegedly violating U.S. sanctions, according to five people familiar with the matter. The unknown sources explained that the inquiry into Kraken started in 2019, and it’s accused of allowing users from sanctioned countries like Iran access to

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Bitcoin Dominance Grows As Crypto Risk Appetite Remains Low

Bitcoin Dominance Grows As Crypto Risk Appetite Remains Low

[ad_1] The crypto market has been moving in the red during today’s trading session with Bitcoin and Ethereum surrendering the past week’s gains. The first cryptocurrency by market capitalization seems to be reacting to the Federal Open Market Committee (FOME) meeting set for tomorrow. During this event, the U.S. Federal Reserve (Fed) is expected to

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Tesla Earns m Profits from Selling 75% of BTC Holdings

Tesla Earns $64m Profits from Selling 75% of BTC Holdings

[ad_1] Electric car manufacturer Tesla (TSLA) announced it earned a profit of $64 million from the sale of 75% of its BTC holdings, despite a $170 million impairment loss through the second quarter of 2022. According to the statistics of “BitcoinTreasuries”, Tesla currently holds 10,800 bitcoins (current price is about $237 million), which is still

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Bitcoin under pressure as SEC probes Coinbase

Bitcoin under pressure as SEC probes Coinbase

[ad_1] Bitcoin price fell below $21,000 on Tuesday as the market sentiment turned sour on reports the US Securities and Exchange Commission (SEC) was investigating US-based cryptocurrency exchange Coinbase. BTC has touched lows of $20,915 and with potential downside likely to push it to the key support line around $20K. Fresh selling could include pain

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