Ether and other major cryptos are swept upward in a banner day for crypto markets. PLUS: While the number of large bitcoin holders increases, bitcoin sent to exchanges continues to fall, writes CoinDesk’s analysts. Author: James Rubin, Glenn Williams
Archives for July 2023
Web3 VC Shima Capital Didn’t Slow Strategy for Crypto Winter
The investor in early-stage crypto companies has remained one of the most active investors in the space despite a bear market and the collapses of FTX and three banks. Author: Brandy Betz
Hedge Funds’ Long-Term Crypto Interest Remains Robust Even as Proportion Investing Drops: PwC
The percentage of funds with crypto exposure fell to 29% from 37% in the past year, though no traditional hedge funds plan to decrease their exposure in 2023. Author: Jamie Crawley
Stader Labs Debuts Ether Staking Product With 6% Yield
Node operators can begin staking with just 4 ether on Stader compared to the currently required 32 ether. Author: Shaurya Malwa
First Mover Asia: Bitcoin Holds Steady Over $30K as Inflation Data, Macro Issues Leave Investors Increasingly Unmoved
ALSO: Former CFTC Chair Timothy Massad told CoinDesk TV that regulatory agencies “don’t have to resolve” the stubbornly troublesome issue whether cryptos are commodities or securities. Author: James Rubin
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