VanEck Introduces $30M Ventures Fund for Crypto and AI
VanEck’s new $30 million fund, VanEck Ventures, will invest in fintech, crypto, and AI firms developing next-generation payments. VanEck, one of the U.S. issuers of spot Bitcoin exchange-traded funds (ETFs), has introduced a new initiative to support early-stage projects in the cryptocurrency and artificial intelligence sectors. On October 9, VanEck announced the launch of VanEck […]
Report: Crypto Adoption To Reach 8% by 2025
According to MatrixPort, institutional interest and economic uncertainties are driving the fast global adoption of cryptocurrencies. Global cryptocurrency adoption is nearing a major milestone, with 7.51% of the world’s population now using digital currencies, according to a report from MatrixPort. The report anticipates that this figure will surpass 8% by 2025, indicating a potential transition […]
Bitcoin Eyes $70K as Stablecoin Inflows and China’s Stimulus Boost
Bitcoin has surpassed $65,000, boosted by China’s stimulus measures and stablecoin inflows. A recent report from 10x Research indicates that Bitcoin has emerged from its recent downtrend and is now aiming for the $70,000 mark again. The report credits this price surge to several factors, including an influx of stablecoin liquidity and a general recovery […]
Crypto Fear & Greed Index Returns to Greed Zone
The Crypto Fear & Greed Index remained in “Fear” for most of August, with sentiment reaching a yearly low of 17 on August 6. The Crypto Fear & Greed Index has reached its highest level since July, remaining above a score of 60 for two consecutive days. The update on September 28 showed a score […]
DZ Bank Collaborates with Boerse Stuttgart for Crypto Trading
The agreement will provide cryptocurrency trading and custody solutions to around 700 cooperative banks, with an initial rollout set for late 2024. Germany’s second-largest financial institution, DZ Bank, has teamed up with Boerse Stuttgart Digital to offer cryptocurrency trading and custody services to its cooperative bank network. This partnership will enable around 700 cooperative banks […]