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The latest flows report from Coinshares, led by its top market analyst James Butterfill, uncovers a strong recovery in digital asset investments, hitting a total of $436 million. The report emphasizes bitcoin as the frontrunner, while ethereum is still facing challenges with continued outflows. While Bitcoin Bounces Back, Ethereum Deals With Outflows Coinshares’ analysis highlights … Read more
CoinShares believe the turnaround is due to “weaker than expected macro data in the U.S.” Go to Source
Grayscale shared a letter from Coinbase Custody attesting that each of Grayscale’s crypto products is fully backed, but stopped short of providing the wallet addresses. Go to Source Powered by WPeMatico
Whilst the purchase won’t cast a shadow on the billions worth of Bitcoin owned by other firms, the company said it could have made $1.2 million if it sold its holdings at the end of the first quarter. Go to Source Powered by WPeMatico
