Despite significant outflows from the Grayscale Bitcoin Trust, the overall spot Bitcoin ETF market saw positive inflows. Read More at https://cointelegraph.com/news/bitcoin-spot-etf-inflows-aug-2024?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Monthly Archives: August 2024
Coinbase cbBTC token may revolutionize Bitcoin DeFi adoption
Coinbase’s step marks the latest significant institutional entrant to the field of BTCFi. Read More at https://cointelegraph.com/news/coinbase-cbbtc-boost-bitcoin-defi?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin price bounces 4% as triple 'death cross' sparks sub-$50K warning
BTC price weakness sees negative funding rates and a distinctly risk-off mood among Bitcoin traders. Read More at https://cointelegraph.com/news/bitcoin-price-bounces-4-triple-death-cross-sub-50k-warning?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Dubai court recognizes crypto as a valid salary payment
UAE lawyer Irina Heaver said the ruling shows the growing acceptance of crypto in employment contracts, recognizing the evolving nature of Web3 financial transactions. Read More at https://cointelegraph.com/news/dubai-court-recognizes-crypto-salary-payments?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Arbitrum DAO boosts ARB utility with staking and governance upgrades
The DAO bolsters its framework and community by enabling ARB staking and enhancing token utility and security. Read More at https://cointelegraph.com/news/arbitrum-dao-arb-token-staking-governance-upgrade?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bank of Ghana unveils draft rules for cryptocurrency exchanges
The Bank of Ghana introduces draft guidelines to regulate digital assets, focusing on exchanges and consumer protection measures. Read More at https://cointelegraph.com/news/ghana-new-crypto-regulations-2024?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
World’s 3rd largest public pension fund buys $34M MicroStrategy shares
South Korea’s public pension fund has just upped its crypto exposure further, buying tens of thousands of shares in MicroStrategy. Read More at https://cointelegraph.com/news/south-korea-pension-fund-nps-buys-microstrategy-shares?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Institutions not so interested in Bitcoin at $58K, metric shows
10x Research’s Markus Thielen says one stablecoin metric is key to indicating institutional interest in Bitcoin, but it’s not flashing green right now. Read More at https://cointelegraph.com/news/bitcoin-price-metric-institutional-interest-stablecoin-minting-ratio?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Meta denies claim more than half of Facebook crypto ads are scams
Australia’s competition watchdog has claimed 58% of crypto ads on Facebook are scams; Meta says the data is old and unreliable. Read More at https://cointelegraph.com/news/meta-denies-claim-more-half-facebook-crypto-ads-are-scams?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Donald Trump raked in over $7M from NFTs, new disclosure shows
Former president Donald Trump disclosed that he owns up to $5 million in crypto and has earned over $7 million from his three NFT collections. Read More at https://cointelegraph.com/news/donald-trump-raked-over-7-million-in-nfts-disclosure-shows?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound