Tag: News

Bitcoin Summer Lull Here? Trading Volume Plummets to Yearly Lows

On-chain data shows the Bitcoin Spot and Future Volumes have dropped to new lows, despite the price holding near $110,000. Bitcoin Trading Volumes Are Drying Up According to data from the on-chain analytics firm Glassnode, the Bitcoin Trading Volume related to both the spot and futures markets has recently...
Read More

Another Public Company Treasury Pivots to Ethereum With $172M Raise

Bit Digital has gone all-in on Ethereum after offloading all of its Bitcoin to buy ETH. The Nasdaq-listed company raised $172 million from its BTC sales and acquired over 100,000 ETH, becoming the latest corporate Ethereum treasury firm. “Following a $172 million public equity raise and conversion of its...
Read More

Bitcoin Traders Chase $130K Bets in Anticipation of Renewed Bullish Volatility

Bitcoin BTC traders are increasingly chasing higher-level call options on Deribit, signaling that they are preparing for renewed bullish price volatility. “Vols remain pinned near historical lows, but a decisive breach of the $110k resistance could spark a renewed volatility bid. Some larger players appear to be positioning for...
Read More

Crypto Funds Break Records: $188B AuM After $1B Weekly Inflows

Last week, digital asset investment products saw $1.04 billion in inflows. The figure marks twelve straight weeks of positive momentum, logging total inflows at $18 billion. Price increases during the week lifted total assets under management to a record $188 billion. Meanwhile, trading volumes hit $16.3 billion, which aligned...
Read More

Dubai Sets RWA Milestone With First Approval of Tokenized Money Market Fund

The Dubai Financial Services Authority (DFSA) granted regulatory approval to QCD Money Market Fund (QCDT), making it the first tokenized money-market fund with an official set-up in the Dubai International Financial Centre (DIFC), according to Qatar National Bank (QNBK), while DMZ Finance, the companies behind the fund. The fund’s...
Read More