This category covers crypto market news today, including crypto index trends, major exchange data, capital flows, sentiment shifts, regulation impact and crypto’s interaction with traditional finance. Designed to help you understand the forces driving valuation across tokens, sectors and regions.
World Liberty Financial will sell non-transferrable WLFI tokens, which “are pure governance tokens, only providing the right to make proposals and vote on matters related to the platform.”
Hong Kong aims to stay ahead in fintech by issuing AI guidelines, seeking both innovation and stability.
The expansion marks a significant step in the company’s efforts to enhance its financial services across the region.
Throughout this year, the performance of Coinbase stock has been a really turbulent one.
$1.86 billion in Bitcoin (BTC) and Ethereum (ETH) options are set to expire on Friday, August 16, 2024, potentially leading to a surge in volatility.
Ethereum (ETH) is a huge beneficiary of the recent price correction. Beyond the $155 million in inflows last week, its year-to-date inflows have reached $862 million.
Presently, ETHA stands as one of the top six ETF launches of the year.
It is now a possibility that there is a postponement of the final deadline for a SEC decision.
While five of the eleven approved Bitcoin ETFs saw positive inflows running into the millions, the remaining products experienced mixed results.
NYSE American’s request follows Nasdaq’s proposal to the SEC, seeking approval for options trading on the BlackRock iShares Ethereum Trust (ETHA).
Despite recent inflows signaling renewed confidence in Bitcoin ETFs, Grayscale’s GBTC continues to struggle with significant outflows, highlighting ongoing investor hesitation.
Meanwhile, the crypto ETFs in the United States are showing good performance only that the last few days came with some level of turbulence.
The US-based spot Ethereum ETFs registered a total cash inflow of about $150 million led by BlackRock’s ETHA.
Mox is planning to introduce a “core portfolio” product later in 2024. With this, the bank aims to offer advanced trading solutions to retail investors, customized to individual customer financial goals.
Despite these outflows, the overall net asset value (NAV) of Bitcoin spot ETFs remains substantial at $51.47 billion.