Archive for month: June, 2023
Bitcoin Investment Sentiment Turned Bullish After Largest Weekly Fund Inflow in a Year
The inflows totalled $199 million, reversing nearly half of the previous nine consecutive weeks of outflows.Source
Azuki Unveils New ‘Elementals’ Collection, Expanding Its NFT Ecosystem
A portion of the yet-to-be-revealed, 20,000-edition NFT collection was airdropped to holders on Friday.Source
Bitcoin Cash Price Jumps to One-Year High Fueled by Spiking Social Interest, Exchange Support
With today’s 17% gain, the BCH has now more than doubled in the week since it was listed on EDX Markets, a new crypto exchange backed by financial heavyweights.Source
Hong Kong’s HSBC Allows Customers to Trade Bitcoin, Ether ETFs but That’s Not Really News
HSBC’s customers in Hong Kong have in fact been able to trade such crypto investment products since they were listed on the Hong Kong Stock Exchange in December.Source
Bitcoin Miner Hut 8 Secures Up to $50M in Loans From Coinbase
The first $15 million will be drawn shortly after closing the deal, while another $15 million is conditional on closing a merger with peer USBTC.Source
BitGo Still Sees Consolidation in Crypto Custody After Spurning Prime Trust: CEO
CEO Mike Belshe said he sees consolidation in the crypto custody sector in the next six months.Source
First Mover Americas: Bitcoin Retreats Slightly From 12-Month High
The latest price moves in bitcoin (BTC) and crypto markets in context for June 26, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source
Bitcoin Futures Attract Biggest Bets Since Terra’s Collapse
Open interest has surged to $11 billion to its highest level in over a year.Source
CFTC Kicks Off Review of Kalshi’s Congressional Control Prediction Markets
The U.S. Commodity Futures Trading Commission began a formal review and public comment period to evaluate prediction market Kalshi’s proposed contracts to bet on who will control Congress.Source