CoinShares

CoinShares Secures Option to Buy Valkyrie's ETF Unit

A takeover would give the company a foothold in the U.S. as investors get optimistic that crypto ETFs will win SEC approval.

Coindesk·2023/11/16 08:29

Crypto Investors Sour on Bitcoin Funds After Massive Inflows, Turn Instead to Ether and XRP

Digital asset investment products recorded outflows last week for the first time since mid-June, CoinShares reported.

Coindesk·2023/07/24 15:54

Flash

07:22
Data: Sui DEX Monthly Trading Volume Reaches $14.265 Billion in July, Setting a New Record
According to a report by Jinse Finance, DefiLlama data shows that Sui DEX's monthly trading volume reached $14.265 billion in July, setting a new record high.
07:17
Analyst: With the Fed expected to cut rates twice more this year, there are likely two more upward opportunities in the current bull market
According to a report by Jinse Finance, CryptoQuant analyst Axel Adler Jr has analyzed that the main issue in the later stages of a bull market is the decline in investors' risk appetite. Data shows that this indicator surpassed 1.9 in both March and December 2024, but is now forming lower peaks, with holders actively selling and putting pressure on the market. Although investors are still taking profits, the marginal premium of the cost basis from each new price increase is shrinking. The analyst notes that, considering the Federal Reserve is expected to cut rates twice this year, there will likely be two more price surges in this cycle, after which selling pressure will outweigh demand and the market will enter a correction phase.
07:07
Stables Labs Now Live on Base Network with Cross-Chain Support from Axelar
According to Jinse Finance, Stables Labs, the developer behind the stablecoin issuance protocol usdx.money, has announced that it is now live on the Base network. In collaboration with cross-chain interoperability protocols Axelar and Squid, Stables Labs is providing seamless cross-chain access for USDX and sUSDX on the Base chain.