Digital asset investment products see highest inflows since December 2024

Digital asset investment products saw the highest inflows this year with $3.34 billion with Bitcoin investment products leading the charge, according to a new report by CoinShares. Last week, the digital asset market recorded its highest amount of inflows since mid-December 2024 and the third-largest weekly inflow of all-time. Digital asset investment products saw $3.4 … Read more

Are Disgruntled NFT Holders About to Take Down Nike?

The swoosh just got dragged into a legal mess, and NFT holders want blood.  Nike is facing a class-action lawsuit in Brooklyn over the collapse of RTFKT, its high-profile NFT venture. Investors say Nike hyped the platform, then killed it—leaving them stuck with heavy losses. Allegations range from false advertising to selling unregistered securities. This … Read more

Calastone Partners with Fireblocks for Tokenization of Funds

Key Points: Calastone partners with Fireblocks to enable fund tokenization. Introduces blockchain for distributing existing funds. Potentially significant impact on asset management sector. Calastone, a prominent financial services company based in London, has partnered with Fireblocks to launch tools aiding asset managers in tokenizing funds on blockchain networks like Ethereum and Polygon. This initiative represents … Read more

TRUMP and MELANIA Tokens Wipe out PolitiFi Rivals, Seize 95% Market Share

Figures reveal the PolitiFi market economy is valued at $3.3 billion, with the lion’s share of that total dominated by the official TRUMP and MELANIA tokens. Since their debut, these two coins have effectively eclipsed the broader PolitiFi sector, leaving much of the remaining field in their shadow. Old PolitiFi Favorites Collapse as TRUMP and … Read more

Record $3.2 billion inflows into Bitcoin funds signal new safe-haven status

Crypto-related investment products recorded $3.4 billion in inflows last week, marking the most significant weekly inflow since mid-December 2024 and the third-highest on record, according to CoinShares‘ latest report. James Butterfill, Head of Research at CoinShares, linked the surge to growing concerns about the weakening US dollar and fears over tariff-related impacts on corporate earnings. He … Read more

Bitcoin could hit $210K in 2025, says Presto research head

Peter Chung, head of research at quantitative trading firm Presto, has repeated his prediction that Bitcoin (BTC) will reach $210,000 by the end of 2025. In an April 28 interview with CNBC, Chung cited institutional adoption and global liquidity expansion as the primary drivers behind his long-term bullish outlook. The analyst acknowledged that market conditions … Read more