Bitcoin ETFs See $226 Million Outflows While Ethereum Gains $130 Million – Signs Of Coming Altseason? Recently, there has been a significant shift in capital flows from Bitcoin ETFs to Ethereum ETFs, with Bitcoin ETFs experiencing outflows of $226 million while Ethereum ETFs saw inflows of $130 million. This trend has sparked discussions among analysts … Read more
Certain sectors of the crypto ecosystem attracted more interest from investors. Crypto exchanges, lending, investing, and trading platforms raised over $460 million, followed by Layer 1 projects at roughly $440 million, Web3/Metaverse projects at around $360 million, and infrastructure projects at $340 million. Additionally, projects involving crypto and artificial intelligence (AI) saw a significant increase … Read more
The Latest Tech News in Crypto and Blockchain Meso, a payment platform that connects banks and blockchains, has raised $9.5 million in a seed round led by Solana Ventures and Ribbit Capital. Other participants include 6th Man Ventures, Canonical Crypto, Phantom Co-Founder Chris Kalani, Pinterest CEO Bill Ready, and Archie Puri of Bodhi Labs. The … Read more
Flood, a protocol for order routing, management, and settlement, secured $5.2M in seed funding from Bain Capital Crypto, Archetype, and Robot Ventures. The team stated that Flood offers dApp developers tools to manage their application’s order flow, and is the only DEX with operational hooks on the market. This feature allows traders to settle transactions … Read more
Bitcoin Pulls Back to $42K; Venezuela Shutters Petro Crypto Project J.P. Morgan’s research report suggests that the approval of new spot bitcoin exchange-traded funds (ETF) by the U.S. Securities and Exchange Commission may not attract as much fresh capital as some market participants anticipate. Although the amount of new capital these ETFs will attract is … Read more
New Reports Shows How Much Capital Was Pulled Out Of Crypto In August According to a report by Bitfinex, the crypto market experienced a capital outflow of around $55 billion in August. This is the largest capital drain this year, with most of it coming from two isolated events, including a flash crash that caused … Read more
