Bitcoin [BTC]: Short products for the win as investors shy away from long positions

Investors are funnelling funds into Short-BTC products after fourth consecutive week of outflows With the Shanghai Upgrade coming soon, investors will be cautious with ETH In a new report, digital asset investment firm CoinShares found that ongoing apprehension among investors regarding the uncertain regulatory landscape of crypto-assets led to a fourth consecutive week of outflows … Read more

Ethereum, Dogecoin, Solana Price Analysis: 27 March

As the bulls reinforced their vigor over the last few days, the global crypto market cap finally closed above the $2 trillion mark. Consequently, the king alt continued its up-channel trajectory and aimed to overturn the $3,100 mark. Dogecoin displayed an overbought position on its near-term technicals and affirmed a bearish divergence with its RSI. … Read more

Regulatory concerns taking a toll: Bitcoin, Ethereum investment funds record $120 million in outflows 

After seven consecutive weeks of inflows, crypto investment products recorded significant outflows last week, according to the latest report by institutional crypto fund manager CoinShares. The report which analyzes weekly flows into cryptocurrency funds suggests regulatory concerns and geopolitical turmoil have diminished investor interest in both the Americas and Europe. $80 million of the outflows … Read more

Solana and Terra’s trading volume soared last year, as bitcoin and ether dropped

This year has not been favorable to the price actions of neither bitcoin (BTC) nor ether (ETH), the two major cryptocurrencies by market cap. Bitcoin started out this year trading at $47,370 but has since then fallen to $38,945 at press time. Looking at ether, the story is the same, or even worse as the … Read more

Ethereum investment funds record largest inflows in 13 weeks

Crypto investment products attracted large inflows in the Americas last week, versus minor outflows recorded in Europe, according to the latest report by institutional crypto fund manager CoinShares. The report which analyzes weekly flows into cryptocurrency funds suggests enduring investor interest despite the geopolitical unrest which spurred a sell-off in risk assets.  Bitcoin attracts $95 … Read more

Brave browser to give away Bored Ape Yacht Club NFT

The team behind Brave, the privacy- and crypto-friendly web browser, has been developing the browser’s wallet feature for quite some time. The Brave Wallet is now live on both desktop and mobile platforms. Brave Wallet is built into the browser itself and does not require installation of a browser plug-in, as do other wallets like … Read more

Ethereum co-founder Vitalik Buterin condemns Putin for Ukraine invasion

Russia’s invasion of Ukraine has officially begun, as President Vladimir Putin announced that he is launching a “special military operation” in the country. Putin’s move was followed by reports of explosions in multiple major Ukrainian cities, including the country’s capital, Kyiv. Ethereum co-founder Vitalik Buterin, once again voiced his distress about the conflict, calling out … Read more

Ethereum investment products finally break a nine-week run of outflows

Last week, Ethereum investment products finally broke a nine-week long streak of outflows, while Bitcoin saw a fourth consecutive week of inflows, according to the latest report by institutional crypto fund manager CoinShares. The report, which analyzes weekly flows into digital asset funds, uncovered the persisting popularity of multi-asset (coin) investment products, which saw a … Read more

Coinbase diverges from Ethereum, lists Solana based tokens FIDA and ORCA

Ethereum‘s infrastructure for smart contract-based decentralized applications has so far been unmatched in the blockchain industry, primarily due to its first-mover advantage. However, this dominance has been waning significantly over the past couple of years with the emergence of several alternative layer 1 networks that offer similar features to Ethereum, often at a lower price … Read more

BoA: Solana is primed to beat Ethereum and be the ‘Visa of digital asset ecosystem’

The Solana network’s shot in the spotlight might just be far from over as yet, especially now that the Bank of America has expressed future optimism for the top smart contract platform, even analogizing it as the “Visa of the digital asset ecosystem” after it managed to facilitate a large number of transactions over the … Read more