The month isn’t over yet, but Bitcoin and Ethereum ETFs have already set a record with $11.2 billion in inflows, according to crypto asset manager CoinShares. The final tally will arrive after the bell rings on Thursday. ETH funds have been stealing the show lately and last week was no exception, said CoinShares Head of
Zodia Markets, the crypto trading firm majority-owned by Standard Chartered (STAN), has raised $18.25 million led by Pharsalus Capital. The Series A funding round will be used to support Zodia’s international expansion effort and further develop its stablecoin payments services, according to an announcement on Monday. Zodia is aimed at financial institutions, offering them a
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Earlier this year, the Reserve Bank of Australia launched Project Acacia. As per the RBA’s website, this retail central bank digital currency pilot is designed to “explore how innovations in digital money
By Omkar Godbole (All times ET unless indicated otherwise) Bitcoin BTC$118,627.64 traded little changed around $120,000, struggling to build on a weekend bounce characterized by consistent demand at around $117,000. Other tokens were less moribund. The CD20 Index, which captures about 80% of the digital asset market, rose 2% over 24 hours while the CD80
Cryptocurrency investment products ended last week in the green, marking 15 consecutive weeks of inflows, even as Bitcoin funds saw minor outflows. Global crypto exchange-traded products (ETPs) recorded $1.9 billion of inflows during the trading week ending Friday, July 25, according to a Monday report from the European crypto asset manager CoinShares. The latest inflows
Even though cryptocurrencies are becoming more accessible than ever, the vast majority of Americans still remain wary of this asset class. Only 14% of U.S. adults own cryptocurrencies, according to a new Gallup poll conducted in mid-June. While that’s an eightfold increase from 2018, it still represents only a small fraction of investors. The survey
Metaplanet’s stock price has crashed into a bear market this month, falling by nearly 40% from its highest point this year. Summary Metaplanet share price has moved into a bear market as Bitcoin hovers near its all-time high. A likely reason is that its NAV of 2.79 is higher than that of other companies. Technicals
Crypto funding rebounded during the week of July 20–26, with over $1 billion raised across 17 projects—marking one of the strongest weeks for fundraising this year. Infrastructure and AI-focused platforms dominated, with Satsuma’s $135 million raise and QCEX’s $112 million M&A deal leading the charge. The surge highlights investor appetite for foundational blockchain tools and
Although the cryptocurrency market has been relatively calm this week, news of the US-EU tariff agreement that came over the weekend and the claim that the US will postpone the customs duties it will impose on China for 90 days caused movement in the markets. While the Bitcoin price reached the $120,000 mark, Ethereum almost