Bitwise has recorded roughly $100 million in inflows across its U.S. crypto exchange-traded products in a single day, according to the data provided by CEO Hunter Horsley. Solana products managed to attract the largest share of investor demand. Solana products led the flows with around $40 million. Bitcoin products, for comparison, come in second place
Bitcoin has once again failed to break decisively above the $82,000 resistance zone. The cryptocurrency retreated after briefly approaching the level as traders assess whether its recent recovery can extend further. Despite the bulls’ inability to overcome stubborn resistance, veteran trader Peter Brandt has disclosed that he remains long on the bellwether cryptocurrency. In a
The cryptocurrency investment landscape is undergoing a notable shift, with investors increasingly turning away from venture capital-backed projects. According to Ceteris Paribus, head of research at Delphi Digital, the market’s appetite for tokens promoted by large VCs is waning, as capital flows toward applications that demonstrate real revenue generation. Changing Investor Priorities In a recent
BitMEX co-founder Arthur Hayes has cast doubt on the long-term viability of Strategy (formerly MicroStrategy) as a Bitcoin investment vehicle, suggesting that buying a spot Bitcoin exchange-traded fund (ETF) like IBIT is a more rational choice for stock market investors seeking crypto exposure. His comments, reported by Wu Blockchain, come as Bitcoin’s rally shows signs
Japanese financial group SBI Holdings has agreed to invest $270 million to acquire a 20% stake in Ajaib, an Indonesian online securities and cryptocurrency trading platform. The deal, reported by Crypto Briefing, values Ajaib at approximately $1.35 billion, marking one of the larger fintech investments in Southeast Asia this year. Deal Background and Platform Overview
Japan Bitcoin Industry Co., Ltd. has debuted a self-custodial Bitcoin payments platform designed to help Japanese companies sell to international fans who are often shut out by traditional payment systems. Using this week’s Bitcoin Asia conference in Hong Kong to introduce the product, JPI dropped Aurora — aiming to reach an audience that could not
Grayscale CEO Peter Mintzberg stated that the long-running “crypto winter” in the cryptocurrency market is coming to an end and the market is starting to heat up again. In an opinion piece published in Fortune, Mintzberg noted that institutional investors’ interest in digital assets has increased significantly compared to previous periods. According to Mintzberg, the