• China is exhibiting signs of a crypto market comeback with the listing of Bitcoin Futures ETFs in the Hong Kong stock markets. • The ETFs raised more than $74 million in startup funding, indicating a growing client demand for exposure to Bitcoin and Ether. • Global head of equity FX products at CME, Tim […]

• In 2022, venture capital firms invested over $30 billion in investments in blockchain and cryptocurrency firms. • 31% of deals in 2022 were in the web 3 sector, which includes non-fungible tokens (NFTs), decentralized autonomous organizations, the metaverse, and online gaming. • Alex Thorn, head of research at crypto investment firm Galaxy Digital, anticipates […]

1. ECB board member Fabio Panetta believes regulators should treat trading in unbacked crypto assets like gambling. 2. He believes that the “buyer beware” principle should not apply to crypto assets, citing several recent catastrophic failures in the space. 3. He described crypto as “speculative assets,” often bought with the sole objective of being sold […]

• Bitcoin (BTC) holders are hitting new all-time highs with positive metrics •The number of addresses holding one or more bitcoins hit an all-time high (ATH) of 979,163 •The number of wallets holding 0.01 BTC has seen a more significant rise with 11,443,277 addresses hold a percent of bitcoin Bitcoin (BTC) holders are experiencing a […]