DeFi Protocols Surge Over 50% in November
November is closing, and native tokens from various decentralized finance (deFi) protocols are experiencing gains exceeding 50%, pushing DeFi’s total value back to levels last seen in 2021. Data from the Tie Terminal indicates that tokens issued by Curve Finance, Athena, and Lido have experienced some of the most significant market capitalization gains over the […]
Leveraged MicroStrategy ETFs Exceed $400M in Assets
Retail investors seeking exposure to Bitcoin’s volatility drove leveraged MicroStrategy ETFs to surpass $400 million in net assets. Retail investors seeking exposure to Bitcoin’s volatility were the primary factor driving the increase in net assets of leveraged MicroStrategy ETFs, which surpassed $400 million. In August, Defiance ETFs unveiled a leveraged MSTR ETF, and in September, […]
Blackrock Resumes Bitcoin Buying, $70K Breakout Next?
This move reflects BlackRock’s belief in the long-term potential of digital assets, particularly Bitcoin, which it views as a hedge. Following the purchase of an extra 529 Bitcoin and 2,420 Ethereum, BlackRock has boosted its exposure to the cryptocurrency market. BlackRock now possesses 359,606 Bitcoins, which are projected to be worth $22.82 billion, and 350,000 […]
BitGo Unveils Token Management Service for Crypto Foundations
BitGo has introduced a new solution to revolutionize how protocols handle token distribution, custody, and liquidation. BitGo claims that the Token Management platform provides an automated procedure that companies and protocols can use to simplify their digital assets. Top protocols, including Worldcoin, Sui, and LayerZero, already benefit from the solution, according to a press release […]
Spot Bitcoin ETFs Record Combined $1.2B Outflows in 8 Days
In eight days, the 12-spot Bitcoin exchange-traded funds (ETFs) in the United States experienced a combined net outflow of $1.2 billion. Bloomberg data from September 9 indicated that investors withdrew approximately $1.2 billion from the 12 Bitcoin ETFs listed on the spot market between August 30 and September 6. Since their listing in January, this […]