A large part of the recent leg of Bitcoin’s rally started after BlackRock filed to list a spot Bitcoin exchange-traded fund (ETF) on June 15. Several applications by other firms…
Month: June 2023
Italy’s central bank calls for framework to prevent stablecoin runs
Italy’s top banking authority has called for a “robust, risk-based” regulatory framework for stablecoins, which could help prevent a worst case scenario — a “run” on stablecoins. The central bank’s…
Venture capital financing in crypto, explained
Venture capital financing in the crypto space is no different from typical VC, except the startups benefiting from financing operate in the cryptocurrency market. Venture capital businesses in the cryptocurrency…
Sui Foundation denies it sold locked staking rewards on Binance
The team behind the Sui network and its native SUI token has denied allegations that they unlocked SUI staking rewards and “dumped” them on cryptocurrency exchange Binance . The Sui Foundation knocked…
Crypto investment products see largest weekly inflow since July 2022
A recent surge in activity surrounding exchange-traded funds (ETFs) has led to the largest weekly inflow for digital asset investment products since July 2022, according to a June 26 report…