Institutional investors signal long-term commitment to crypto
A recent survey shows institutional investors’ growing confidence in crypto, with many planning increased long-term allocations. Go to Source
crypto investment
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Bitcoin ETFs rope in $2.6B investments amid weekly bull run
United States investors increased exposure to Bitcoin and Ether ETFs as a strong price rally fueled unprecedented inflows. Go to Source
South Korea’s crypto investor surge drives CEX profits by 106%
Despite the growing number of investors, only 10% held over $7,200 worth of digital assets in their crypto portfolios. Go to Source
Bitcoin to have ‘crazy decade’ as global wealth managers dive in
Cointelegraph spoke with Riot Platforms’ Pierre Rochard and Metaplanet’s Dylan LeClaire at the Bitcoin Amsterdam 2024 conference. Go to Source
Ohio to consider accepting crypto for tax payments and fees
They tried once in 2018, but the State Board of Deposits “failed” to show any enthusiasm. Go to Source
FBI seizes $6M from crypto scammers targeting US citizens
Tether says it aided in the recovery of the stolen crypto by freezing the scammers wallets, which the FBI then seized. Go to Source
MicroStrategy acquires 18,300 Bitcoin, expands holdings
MicroStrategy’s $1.11 billion Bitcoin purchase was funded by selling over eight million company shares through a sales agreement. Go to Source
Indian Police Investigate Cryptocurrency Fraud Targeting Ex-Servicemen
Three former servicemen in India have lodged a complaint with the Chandannagar police, Pune, accusing eight officials from a trading firm of defrauding them of over Rs. 79.81 lakh (approximately $96,000) through a cryptocurrency scam since 2022. The ex-servicemen had invested their retirement savings in cryptocurrency, lured by promises of doubling their investment within 20 … Read more
Crypto products post $726M outflows amid rate cut uncertainty
CoinShares expects that a 50 basis point cut is more likely if inflation comes in below expectations in the upcoming inflation report on Sept. 10. Go to Source
Crypto products hit with $305M outflow amid strong US economic data
CoinShares expects that crypto investment products will become “increasingly sensitive” to interest rate expectations in September. Go to Source
