BOB, a ‘Hybrid’ Layer-2 Blockchain Mixing Bitcoin and Ethereum, Raises $10M
The fundraising round was led by Castle Island Ventures and included participation from Mechanism Ventures, Bankless Ventures, CMS Ventures and UTXO Management
Financial
Bitcoin
Financial
First Mover Americas: HSBC’s Gold Token Introduced in HK
The latest price moves in crypto markets in context for March 27, 2024.
Financial
Hong Kong-Based Asset Manager VSFG and Value Partners Apply for Spot Bitcoin ETF
In January, Harvest Küresel Investments, a major asset-management company in China, purportedly became the first to apply for a spot-bitcoin exchange-traded fund (ETF) with the SFC.
Financial
Soaring U.S. Debt Means Potential for Liz-Truss-Style Market Shock, CBO Warns
Bitcoin and gold may already be pricing in a crisis scenario. Both recently set new record highs amid an elevated interest-rates environment worldwide.
Financial
Bitcoin ETFs Snap Outflows Streak, Accumulate $15.4M
One analyst said quarter-end inflows could be stronger than usual.
Financial
Crypto Traders Dismiss Waning ETF Inflows as Bitcoin Holds Steady Over $70K
Grayscale’s GBTC product saw large outflows last week and inflows to other ETFs did not increase in tandem, briefly fueling concerns of a spot-driven selloff.
Financial
Nobody Wants to Sell BTC, Analyst Says as Bitcoin’s On-Chain Activity Limps
Hardly any value is being moved on-chain, a sign nobody wants to sell, one analyst said.
Financial
BlackRock Seeing Only ‘A Little Bit’ Demand for Ethereum from Clients, Says Head of Digital Assets
Robert Mitchnick, the asset manager’s head of digital assets, said that there’s a misconception that BlackRock will have a “long tail” of other crypto services.
Financial
Bitcoin Slips to $64K as Large Grayscale GBTC Outflows Continue
U.S.-listed spot bitcoin ETFs are poised for their first week of net negative flows since late January.
Financial
Bitcoin Remains Overbought Despite Recent Correction, JPMorgan Says
The pace of net inflows into spot bitcoin ETFs has slowed considerably, with a significant outflow recorded in the past week, the report said.