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Crypto asset management firm CoinShares says institutional whales pulled hundreds of millions of dollars out of crypto investment vehicles last week. According to CoinShares’ latest Digital Asset Fund Flows Weekly Report, last month’s US presidential inauguration had a negative impact on investor sentiment last week. “Digital asset investment products saw outflows totaling US$508m last week, … Read more

KIP Protocol has released an official statement denying any involvement in the controversial LIBRA token launch. The company clarified that it did not initiate or profit from the project and is prepared to take legal action to protect its reputation. No Profits or Prior Knowledge of LIBRA Token Launch KIP Protocol has distanced itself from … Read more

Miners are embracing adjacent business lines to offset pressure on core mining margins from the April 2024 halving.

We are now moving in a completely different direction, at least in the crypto industry under the new pro-crypto government. There is some huge news surrounding the new president of the United States, Donald Trump. This news promises to change the crypto industry forever. Since the election, the price of Bitcoin and other popular cryptocurrencies … Read more

Sony, Coinbase, Kraken and Sam Altman’s World are all building on Optimism’s OP Stack.

One altcoin trader says Ethereum’s long-term chart looks “insanely bullish” with a very favorable risk-reward ratio.

The Dogecoin network is experiencing significant challenges, with dwindling activity and a 13% price drop, raising concerns about its market health. Investor sentiment appears uncertain, with key metrics indicating a slowdown in trading and engagement throughout the ecosystem. “The recent downturn raises questions about DOGE’s resilience and ability to regain upward momentum,” noted an analyst … Read more

Warren Buffett surveys the concourse ahead of the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, May 3, 2024. David A. Grogen | CNBC Berkshire Hathaway shares got a boost after Warren Buffett’s conglomerate reported a surge in operating earnings, but shareholders who were waiting for news of what will happen to its enormous pile … Read more

Bloomberg reported that Citadel Securities, led by Ken Griffin, is planning to expand into cryptocurrency trading, capitalizing on President Donald Trump’s pro-crypto stance, which is expected to boost the industry. Previously cautious due to regulatory uncertainties, the firm aims to become a liquidity provider for cryptocurrencies and join major exchanges like Coinbase, Binance, and Crypto.com. … Read more

Tensions between the world’s two largest economies have escalated over the last several years. Florence Lo | Reuters BEIJING — China is trying yet again to boost foreign investment, amid geopolitical tensions and businesses’ calls for more concrete actions. On Feb. 19, authorities published a “2025 action plan for stabilizing foreign investment” to make it easier … Read more