China

Large bitcoin holders buy the most coins since the FTX collapse of 2022

Large bitcoin holders, often referred to as "whales," have significantly increased their purchases, acquiring the most coins since the FTX collapse in late 2022. This surge in buying activity comes as the price of bitcoin has stabilized and shown signs of recovery. Analysts suggest that these large investors may be positioning themselves for a potential bull market. The trend indicates growing confidence among major players in the cryptocurrency market, despite previous volatility. Overall, this renewed interest from whales could signal a shift in market dynamics.

Read the full article: CoinDesk

Robinhood Offers Prediction Market 'Custom Combos'—But Don't Call Them Parlays

Robinhood has launched a new feature called "Custom Combos," allowing users to create their own prediction markets on various events, similar to sports betting parlays. However, the company emphasizes that these are not traditional parlays, as they focus on predicting outcomes across different categories rather than just sports.

Here is why $1.2 billion Bitcoin ETF inflow is a new bullish signal

A recent inflow of $1.2 billion into Bitcoin exchange-traded funds (ETFs) has been identified as a significant bullish signal for the cryptocurrency market. This surge in investment reflects growing institutional interest and confidence in Bitcoin as a viable asset. Analysts suggest that such large inflows typically precede price increases,

DTCC 'Not Building Walled Gardens' for Tokenization, Says Digital Assets Head

The Digital Asset Head of the Depository Trust & Clearing Corporation (DTCC) stated that the organization is not creating "walled gardens" for tokenization, emphasizing its commitment to an open ecosystem. The DTCC aims to facilitate the integration of digital assets into the existing financial infrastructure while maintaining interoperability.

Animoca’s Yat Siu says crypto’s Trump moment is over

Animoca's Yat Siu stated that the cryptocurrency market's initial hype, likened to a "Trump moment," has passed, signaling a shift towards maturity. He emphasized the need for the industry to focus on building sustainable projects rather than chasing speculative gains. Siu noted that while

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Robinhood Offers Prediction Market 'Custom Combos'—But Don't Call Them Parlays

Here is why $1.2 billion Bitcoin ETF inflow is a new bullish signal

DTCC 'Not Building Walled Gardens' for Tokenization, Says Digital Assets Head

Animoca’s Yat Siu says crypto’s Trump moment is over