Day: September 2, 2024

Navigating Bitcoin ETF Withdrawals Amid Economic Shifts

Last week, investors rapidly withdrew cash from Bitcoin exchange-traded funds (ETFs), signaling a shift in market sentiment. According to a recent report by CoinShares, notable Wall Street entities like Fidelity and ARK Invest saw a collective outflow of $319 million from their Bitcoin-focused funds. In contrast, short Bitcoin investment products—those betting on the digital currency’s […]

Token2049 Crypto Event: Singapore’s Premier

The global crypto community is gearing up for next month’s Token2049, slated as the largest crypto event of the year with a projected attendance of 20,000 people. Scheduled for September 18-19 at Singapore’s Marina Bay Sands. The event promises an impressive roster of headline speakers. Including Binance CEO Richard Teng and Solana founder Anatoly Yakovenko. […]

Crypto Legal Challenges: Telegram’s Legal Quagmire

Last weekend’s arrest of Pavel Durov, Telegram CEO, in France and his subsequent criminal indictment have stirred a significant amount of uncertainty, especially concerning Telegram’s ambitious cryptocurrency ventures. This year, Telegram leaped fully into the cryptocurrency sphere, transforming its platform with on-chain, in-app games and services powered by its preferred blockchain, The Open Network (TON). […]

Metaplanet Bolsters Bitcoin Strategy with SBI Partnership

Metaplanet, a leader in Bitcoin consulting and strategy in Japan, has forged a significant partnership with SBI VC Trade. The cryptocurrency-focused division of the SBI Group. This collaboration is poised to enhance Metaplanet’s corporate Bitcoin holdings and integrate more sophisticated financial strategies into its operations. Enhanced Custodial and Financial Services Through this partnership, Metaplanet will […]