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

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

The full story behind the ‘Cardano > BTC, ETH in transaction volume’ narrative

It’s always been hard to rank different blockchains thanks to the diverse ways in which their speeds and activities are measured. But now, one blockchain is under the microscope due to what some claim is a discrepancy in its transaction volumes. Messari-ing around with numbers The controversy began with Messari’s ‘Chains Activity’ chart, showing “estimated … 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

Who’s the most active crypto trader in the US Congress?

According to a recent CNBC analysis, eight of the highest-ranked politicians in the US or their immediate family have traded crypto over the past year–with bets spanning from $1,000 to $100,000.  Altogether seven Republicans disclosed buying or selling crypto, including Senator Pat Toomey of Pennsylvania. Meanwhile, only one Democrat reported a trade–Representative Marie Newman of … Read more

Cardano blockchain surpasses 30 million transactions milestone

The number of smart contracts running on the Cardano blockchain has been growing rapidly since the launch of the Alonzo hard fork in September 2021, which for the first time enabled the network to process smart contract code. The number of smart contracts on Cardano reached 1,000 at the end of January, and the number … Read more

Cardano’s transaction volume flips Ethereum as value rises by over 30%

Yesterday, the Cardano blockchain experienced a significant surge in its daily transaction volume that pushed it above that of the second-largest blockchain, Ethereum. Transacting on Cardano blockchain is cheaper than Ethereum Data from Messari shows that Cardano’s daily transaction volume beat that of Ethereum by nearly $2 billion. According to the data, Cardano registered more … Read more

This makes Cardano ‘literally most anticipated’ smart contract platform in blockchain space

Ever since Cardano deployed smart contract integration earlier this year, the network has been buzzing with on-boarded projects and development from the community. Its native token ADA has also grown significantly during this time owing to its increased uses cases amongst creators and developers building on the network. One of the key areas Cardano has … Read more

Massive inflows into Bitcoin, Ethereum prove this despite corrections

The entire cryptocurrency market has witnessed a massive setback. Overall, it shed more than 2.5% of its market capitalization, which currently stands at $2.52T. Yet, institutional investors seem unfazed by the bloodbath. The latest report published by CoinShares provides some support to this narrative. As of 22 November, Digital Asset Fund Flows Weekly report stated, … Read more

Here’s how Ethereum, Cardano offer a chance to ‘own the future’

Despite Cardano’s weak price action over the past week, its new partnerships are garnering renewed interest. Recently, the network forayed its digital focus to Africa. After signing a deal with the Ethiopian government earlier this year, Cardano signed another Memorandum of Understanding (MoU) with the Burundi government. This was while Ethiopia-based Atala Prism management solution … Read more