News with the tag "M"

Brevan Howard's disclosure of $2.3 billion in Bitcoin ETF holdings highlights a significant shift in institutional investment towards digital assets, signaling growing acceptance and legitimacy of Bitcoin ETFs in traditional finance.

In July, the total market capitalization of cryptoassets reached a significant milestone, with Bitcoin prices surpassing $123K, and there was progress in federal legislation for stablecoins.

Upcoming US interest rate cuts threaten the profits of stablecoin issuers Tether and Circle, with Circle potentially losing up to $618 million in annual revenue, prompting them to explore new business models like their new blockchain, Arc.

BlackRock invested over $1 billion in Bitcoin and Ethereum ETFs during a market dip, signaling strong institutional interest and confidence in crypto assets despite recent inflation-driven sell-offs.

The adoption of Bitcoin-based timestamping system Simple Proof in elections, such as in Screven County, Georgia, and Guatemala's 2023 presidential election, demonstrates how blockchain technology can enhance election integrity by providing tamper-evident and independently verifiable records.

Stellar (XLM) surged 16% this week, driven by strong investor interest and its historical ties to XRP, as both projects share roots and target fast, low-cost cross-border payments.

Deribit, in collaboration with Coinbase, is launching USDC-settled linear options for Bitcoin and Ether on August 19, aiming to enhance accessibility and liquidity in the crypto derivatives market.

Ether ETFs saw $640 million in inflows for the eighth consecutive day, while Bitcoin ETFs recorded $231 million in gains despite outflows from major funds, with record-breaking trading volumes highlighting strong market momentum.

BlockchainFX is the world’s first crypto exchange connecting traditional finance with blockchain, and it is currently offering a $BFX presale.

Retail investors are increasingly shifting their focus from Bitcoin to altcoins and Ethereum, indicating a maturing crypto market with diversified opportunities.