The integration of crypto into traditional finance has already started and is growing every year. With the establishment of clear regulations across countries, more organizations are exploring ways to collaborate with the crypto industry. French bank Bpifrance recently announced its plans to launch a crypto fund to support early-stage projects.
Bitcoin retraced back to its $95K range today. The overall crypto market cap fell to $3.14 trillion with more than 1% decrease today. Even the top altcoins such as Ether, Solana, XRP, BNB, Cardano, and Dogecoin are also bleeding amidst dull market performance. Global crypto funds witnessing significant weekly outflows,
Global crypto investment products such as iShares, Grayscale, Fidelity, Bitwise, CoinShares, BlackRock witnessed $1.9 billion inflows last week. CoinShares reports that a recent crypto executive order, aimed at making the US a crypto capital, is the major driver behind the fund inflows. Even though several altcoins witnessed increased fund inflows,
In political history, raising elections funds in digital assets and distributing non-fungible tokens (NFTs) for all the supporters is an innovative idea planned in South Korea. For the upcoming presidential election, the nominated candidate Lee Jae-Myung is campaigning about his unique initiative to his supporters. Through this, all the woo
Australia’s crypto fund manager, Apollo Capital reveals the firm’s year-to-date returns since the start of the year with 119% growth. The crypto fund avoids DOGE and DeFi crypto projects. Apollo Capital is a multi- strategy fund which invests in crypto assets. The firm is powering the next generation of computing
All the major countries all over the world are completely submerged into regulations and reforms in their cryptocurrency industry. This contagion has not spared South Korea too. Most cryptocurrency exchanges are facing tremendous hardships in order to cope up with the regulations. Gyeonggi-do’s Seizures Gyeonggi-do is South Korea’s largest and
Morgan Stanley might extend its bitcoin offerings to its clients, giving them more options to have Bitcoin in their portfolio. A company by the name of New York Digital Investment Group (NYDIG) specialising in Bitcoin related financial services. Has filed paperwork with the SEC to create an investment fund with
Pendle Finance has made a private investment fund worth $3.5M. The firm allows users to trade the yield offered by DeFi products. DeFi has gained a huge number of new investors. A Decentralized Finance (DeFi) protocol Pendle Finance will allow users to tokenize and sell future yields. The firm has
Digital Currency Group plans to purchase $250 million of GBTC shares. The Grayscale Investment Fund has surged in popularity with rising Bitcoin prices. Grayscale presently has $42.1 billion in net assets under management. Digital Currency Group (DCG), a Grayscale parent firm announced that it plans to purchase $250 million of
CoinSwitch Kuber, a crypto investment firm has raised $15 million (₹109 crores) in funding, led by Ribbit Capital and Paradigm. Crypto investment firm CoinSwitch Kuber raised $15 million The firm raised funds as part of its Series A funding round headed by Ribbit Capital, a global fintech & crypto investor,
