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October’s crypto investment inflows climb to $3.4 billion after $900 million added last week: CoinShares

Global crypto funds saw $901M net inflows last week, driven by Bitcoin. Political events influence inflows as Trump's poll gains boost investor sentiment ahead of the election.

theblock.co • 28/10/2024 - 11:00 AM

Japan’s Metaplanet now holds over 1,000 bitcoin with latest $10 million investment

The Tokyo-listed firm invested an additional $10.4 million in bitcoin, bringing its total holdings to 1,018.17 BTC ($68.8 million).

theblock.co • 28/10/2024 - 05:43 AM

JPMorgan says tokenized Treasuries to challenge but not fully replace stablecoins

The market for tokenized Treasuries is growing and could challenge stablecoins’ dominance, JPMorgan analysts said. However, analysts noted that regulatory restrictions and liquidity concerns suggest tokenized treasuries may only partially replace stablecoins.

theblock.co • 25/10/2024 - 14:50 PM

The Daily: Nigeria drops charges against Binance exec, Buterin hits back against Saylor's comments on regulated bitcoin custody and more

Nigeria drops charges against Binance exec Gambaryan; Buterin critiques Saylor; Bernstein predicts $200K bitcoin price by 2025; Variational raises $10.3M; Tesla retains 11,509 BTC.

theblock.co • 23/10/2024 - 17:33 PM

Metaplanet raises $66 million through stock rights offering, eyes bitcoin’s outlook

Metaplanet Inc. raised 10 billion yen for bitcoin investments, increasing holdings to 855.478 BTC. CEO Simon Gerovich highlights the firm's mission amid positive market movements.

theblock.co • 23/10/2024 - 07:21 AM

Nomura-backed Komainu to acquire crypto custodian Propine amid Singapore expansion

Nomura-backed Komainu announced Tuesday that it is acquiring Singapore-based custodian Propine, pending approval from the MAS. Komainu said that the acquisition is expected to strengthen its presence in Singapore.

theblock.co • 22/10/2024 - 04:11 AM

Legal & General's $1.5 trillion asset management arm mulls fund tokenization

Legal & General is pursuing fund tokenization using blockchain technology, aimed at improving efficiency and access, while joining leading firms in the expanding market for tokenized securities.

theblock.co • 21/10/2024 - 13:48 PM

Global crypto investment products add $2.2 billion in weekly inflows amid US election optimism: CoinShares

Global crypto funds had $2.2 billion in net inflows last week, driven by Republican election optimism, while Bitcoin prices rose amidst polarized regional fund results.

theblock.co • 21/10/2024 - 11:35 AM

Bitcoin ETF inflows, crypto equity markets and retail trading sentiment are 'screaming risk-on,' Bernstein says

Analysts observe bullish sentiment for Bitcoin as ETF inflows rise, retail trading increases, and memecoins gain popularity, while the market reacts to potential political influences on crypto policy.

theblock.co • 21/10/2024 - 10:01 AM

The Daily: DBS introduces tokenized banking services, BlackRock's Bitcoin ETF attracts $1 billion in less than a week and more

DBS, Singapore’s largest bank, has launched “DBS Token Services,” a new suite of blockchain-based products designed to enhance liquidity management and streamline operations for institutional clients. BlackRock’s spot Bitcoin ETF added another $309 million in net inflows on Thursday, contributing to more than $1 billion worth of positive inflows for its IBIT product this week alone. The SEC filed a “Civil Appeal Pre-Argument Statement” late Thursday, seeking to challenge the U.S. District Court for the Southern District of New York’s prior judgment in its ongoing case against Ripple. The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

theblock.co • 18/10/2024 - 18:16 PM

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