Digital asset investments recorded over $30M outflows in a week
Digital asset investments recorded over $30M outflows in a weekBitcoin-based investment products saw $25 million of outflows, while short-Bitcoin investment recorded $3.7 million inflows.
Happy TuesdayThe global crypto market cap is $1.11 trillion with a 24-hour volume of $62.98 billion. The price of Bitcoin is $24,440.42 and BTC market dominance is 42.5%. The price of Ethereum is $1,666.92 and ETH market dominance is 18.4%. The best performing cryptoasset sector is Jobs, which gained 6%.
Latest NewsDigital asset investments recorded over $30M outflows in a week
Bitcoin-based investment products saw $25 million of outflows, while short-Bitcoin investment recorded $3.7 million inflows. Former Binance executive aims to raise $100M to start crypto adoption focused VCBill Qian told Bloomberg he hopes Cypher Capital will focus on nurturing crypto startups across web3 and internet of things. British MP Matt Hancock launches NFT charity project for UkraineA Ukrainian family who fled Kyiv is launching a charity NFT collection to raise money for CARE International's Ukraine Humanitarian Appeal. NFTs jump to 27% of ETH gas usage led by Blur marketplaceThe news comes as Blur and OpenSea continue to duke it out over supremacy in the NFT space, with Blur also overtaking OpenSea in volume. Polygon sacks 20% of staff, says it remains financially healthyPolygon has a balance of over $250 million and holds 1.9 billion MATIC tokens — worth roughly $2.7 billion according to current value. Ankr’s node hosting app launches on Azure marketplaceThe new app is a fully-managed node hosting solution that allows bandwidth, memory and location customization. CryptoSlate Daily wMarket Update: Bitcoin rejected at $25,000 as mild sell-off wipes $20B from crypto marketThe wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays. Helium announces migration date to Solana, 1M hotspots worldwideHelium sets a date of Mar. 27 for migration to the Solana blockchain — token prices of both surge on the news. Crypto agriculture sector outperforms market with 8% gains in 24 hoursBlocery leads the way in agriculture, recording gains of 16.29% in this low cap crypto sector that outperformed the market. Globant names metaverse, blockchain as top tech trends in 2023The tech giant believes the potential of the metaverse will be put to the test this year, and whether it sinks or swims remains to be seen. Genesis creditors file to restrict bankrupt’s firm intercompany transactionsGenesis creditors said the request raises various concerns for the committee as previous intercompany transactions are being investigated. Moonbirds creator cancels NFT conference over low interestKevin Rose explained that given current realities, right now isn't the right time for the PROOF of Conference.
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EU seeks to expedite crypto capital laws
Monday, February 20, 2023
The European Union's pending banking law proposes a slew of tough new capital rules for banks holding crypto assets.
Rumors swirl around $100k/hr front running on Binance listings
Saturday, February 18, 2023
One trader made over $100000 exiting less than an hour after GNS listed on Binance.
CZ denies claims that Binance will delist US-based projects
Friday, February 17, 2023
Bloomberg reported that Binance could delist Circle's USD Coin (USDC) stablecoin, and that the exchange was reassessing its venture-capital investments in the US.
FTX reportedly in talks to recoup $400M investment in Modulo Capital
Friday, February 17, 2023
Following FTX's bankruptcy, SBF's $400 million investment in Modulo Capital was converted into cash and kept in an interest-bearing account at JPMorgan.
Bitcoin briefly soars beyond $25k; $232M in shorts liquidated
Friday, February 17, 2023
Bitcoin's (BTC) price soared beyond $25000 for the first time since June 2022 — peaking at $25104, according to CryptoSlate's data.
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