Arthur Hayes’ Maelstrom fund announces Bitcoin grant program of up to $250k per developer
The new Bitcoin grants program could invite more innovation for Bitcoin-native DeFi, or BTCFi. Go to Source
Bitcoin Adoption
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Crypto holders predicted to triple by 2026, says Lunu CEO
The current 560 million crypto holders could see a three-fold increase during the next two years, but user experience remains the biggest challenge. Go to Source
Crypto needs to remove friction for the next billion users: Coinbase
Consumer apps could be another pathway toward mass crypto adoption, according to Coinbase’s senior director of engineering. Go to Source
Over 50% of US hedge funds have exposure to Bitcoin as BTC crushes stocks in 2024
Millennium Management, holding 27,263 BTC worth $1.69 billion, has allocated about 2.5% of its $67.7 billion in total assets under management to Bitcoin. Go to Source
Centralized crypto exchanges are key for mass adoption, despite FTX collapse
Hybrid, non-custodial exchanges could help restore industry trust in crypto but CEXs remain key for onboarding new users. Go to Source
Bitcoin ETFs legitimized the crypto industry for investors: Storm Partners
The approval of the Bitcoin ETFs has offered investors a welcome sign of relief beyond the first publicly traded Bitcoin-based products. Go to Source
Bitcoin and Ether can “greatly improve” portfolio performance: BBVA
Bitcoin price has outperformed the returns from the S&P 500 more than threefold in 2024. Go to Source
Fidelity’s Director of Global Macro Sees Bitcoin as ‘Exponential Gold’ on Store of Value Team
Fidelity Investments’ Director of Global Macro sees bitcoin as “exponential gold” and “an aspiring player on the store of value team.” According to his analysis, bitcoin’s price is “driven primarily by the growth in its network, which is in turn driven by bitcoin’s unique scarcity feature, as well as the monetary and fiscal policy cycle, … Read more
Digital asset funds see biggest weekly outflow since March
According to data from a CoinShares report, weekly total outflows for digital asset funds hit $600 million on June 14. Go to Source
Decentralized ID is the next “killer” Web3 use case: Cardano sustainability lead
Blockchain needs more non-speculative use cases to onboard the next billion mainstream users. Go to Source
