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Cardano
Steady Interest in Bitcoin Keeps Money Flowing Into Crypto Funds
Investment products focused on the largest cryptocurrency gained $98 million, up from $95 million the week before.
Bitcoin Retreats From All-Time High, Ether Follows
The shakeout appeared to coincide with a turn lower in U.S. stock markets.
Crypto Fund Inflows YTD Significantly Higher Than Last Year
Total assets under management have also reached an all-time high of $80 billion.
Ethereum Alternatives and Gaming Tokens Outperform BTC and ETH
Solana’s SOL hit an all-time high of $246 on Wednesday and the token is up 5% in the last 24 hours. Polkadot (DOT) is up 7%.
The Tragedy of the Third Coin
As crypto moves increasingly mainstream, many retail investors seek an alternative to bitcoin and ethereum.
Three Arrows Capital Backs $10M Raise for DeFi on Cardano
Major DeFi investors piled into the Ardana project, including some that have never invested in Cardano before.
Crypto Fund Inflows Hit Record $1.5B as Bitcoin Futures ETFs Go Live
Bitcoin dominated this week’s inflows, with a 99% share. Last week, bitcoin’s weekly inflows were at $70 million.
Australia Has Third-Highest Rate of Crypto Adoption in the World: Finder Survey
Almost 18% of the country’s population owns crypto.
SEBA Bank Exec on Launching Program for Clients to Earn Yield With Crypto
Digital asset platform SEBA Bank has introduced a product that will let clients earn a yield on their crypto holdings. Institutions can generate rewards from proof-of-stake protocols such as Polkadot, Tezos and Cardano, with other networks to be added over time. Urs Bernegger, Co-Head of Trading and Investment Solutions at SEBA Bank, discusses the launch, the role of Europe in DeFi, and his crypto markets assessment.
Gene Simmons’ $300K Cardano Investment Has More Than Doubled Since February
The Kiss star has veered heavily into crypto in recent years. It may have paid off handsomely.
