Bitwise CIO Says BTC ETFs Adoption Are At Faster Pace
Matt Hougan, Bitwise CIO, stated that wealth advisers are adopting BTC ETFs at a rate surpassing any other new ETF in history. The CIO countered the more negative perspective of investment researcher Jim Bianco, who observed that 85% of Bitcoin ETF demand is not from trading institutions. Bitwise CIO Says BTC ETFs Adoption Rate Is […]
Plume’s CEO Unveils Tokenized ‘Mineral Vault’ To Boost RWA Yield
Chris Yin says investor demand for RWAs is going “upstream” from tokenized treasury bills to private alternative assets. Plume Network , a blockchain specializing in real-world assets (RWA), is set to launch a tokenized ‘Mineral Vault’ in response to rising demand for high-yield private assets onchain, CEO Chris Yin told Cointelegraph on September 9. Developed […]
PIN AI Secures $10M To Develop Open-Source Alternative
PIN AI, backed by a16z, creates a privacy-focused, open-source alternative to Apple’s AI that uses blockchain to enable users to monetize their personal data. PIN AI, an artificial intelligence infrastructure firm, has raised $10 million in pre-seed funding and joined the Fall 2024 cohort of the a16z Crypto Startup Accelerator (a16z CSX). In a press […]
Crypto Super PAC Offers $660K to Senate Race as US Election Nears
With 57 days until the US election, Super PAC expenditure appears to ramp up in Massachusetts and nationwide. The Commonwealth Unity Fund, a political action committee (PAC) primarily supported by contributions from the co-founders of Gemini and Ripple Labs, has spent over $600,000 to back Republican candidate John Deaton in the U.S. Senate race. According to Federal […]
U.S. Election Unlikely to Impact Bitcoin Rally
Matthew Sigel of VanEck disputes Bernstein’s claim that the 2024 U.S. election will impact Bitcoin’s price. Matthew Sigel, who is the Head of Digital Assets Research at VanEck, has refuted recent assertions made by Bernstein, which stated that the approaching U.S. election will have a direct influence on Bitcoin. Investors have shown interest in Bitcoin […]