Author: Kryptonews

Digital asset funds continued their winning streak last week, pulling in $1.9 billion in new investments, according to CoinShares‘ latest weekly report.This marks the ninth week in a row of positive inflows, pushing the cumulative total over the period to $12.9 billion. Year-to-date, digital asset investment products have now seen a record $13.2 billion in inflows.James Butterfill, CoinShares’ head of research, noted that these flows showed that investors appear to be moving past broader market fears, including geopolitical tensions in the Middle East.Bitcoin sees strong rebound, Ethereum shinesBitcoin led the rally with $1.3 billion in new inflows, reversing a short-lived…

The Palazzo Maffei museum in the Italian city of Verona has called on people to “respect art” after a visitor was filmed on CCTV breaking a chair covered in shimmering Swarovski crystals.The footage, which was captured back in April, shows a man taking a photo of a woman pretending to sit on the artwork by Italian artist Nicola Bolla, which is known as the “Van Gogh” chair, before the man sits on it himself. The chair folds under his weight, causing him to stagger backward against a wall. The couple then dash out of the room. Palazzo Maffei only recently posted…

Bitcoin, the pioneering cryptocurrency, has captivated the world with its volatile price swings and its promise of a decentralized financial future. While short-term predictions are fraught with uncertainty, analyzing Bitcoin’s long-term outlook requires considering a confluence of factors that could propel it forward or drag it down. This article will delve into the key elements that will shape Bitcoin’s trajectory over the coming years.## Institutional Adoption and RegulationInstitutional adoption represents a significant potential tailwind for Bitcoin. Increased participation from institutional investors like hedge funds, corporations, and pension funds could bring substantial capital inflows, lending credibility and stability to the market.…

Key Takeaways A suspected hack of Paraguayan President’s X account led to a false announcement about Bitcoin becoming legal tender in Paraguay. The announcement raised doubts due to unusual decree formatting and absence from official channels, prompting an investigation. Share this article Paraguayan President Santiago Peña’s X account on Monday posted an announcement claiming that Bitcoin had become legal tender in the country. However, the post raised immediate suspicions of a potential hack, as no official confirmation had been made from government sources.The absence of the policy on official government websites and local media, the non-standard decree formatting, and the…

Our intrepid grantees have been keeping busy as always – read on for some recent accomplishments 🏆 ENS ENS (Ethereum Name Service) runs on the Ethereum blockchain, but it’s not just for ETH addresses! ENS maps human-readable domain names to locations all across the distributed web, including ethereum and other blockchain addresses, Tor .onion addresses, decentralized websites and data hashes stored on IPFS, and more. ENS continues to expand its reach, with recent integrations including: That’s far from everything – read the ENS 2020 Retrospective for a recap of a pretty packed year, follow ENS on Twitter @ensdomains and check…

Investing wisely evolves over time. As our financial circumstances change and our understanding of the market deepens, our investment strategies should adapt as well. For experienced investors, or those with a dedicated focus on investment, the approach often shifts to more sophisticated tactics aimed at maximizing returns while managing risk in a nuanced way. Understanding the Experienced Investor’s Mindset Experienced investors typically possess a higher risk tolerance stemming from a larger investment portfolio and the ability to weather market fluctuations. They’re less likely to be swayed by short-term volatility and more interested in long-term growth. They’ve often learned from past…

Pakistan has taken a significant leap toward integrating digital assets into its economic roadmap by hosting bitcoin advocate Michael Saylor, Executive Chairman of Strategy (MSTR).In a high-profile meeting with Finance Minister Muhammad Aurangzeb and Minister of State for Crypto and Blockchain Bilal Bin Saqib, discussions centered around positioning bitcoin as a sovereign-grade asset to bolster Pakistan’s monetary resilience and digital future.Saylor, known for transforming Strategy into the largest corporate holder of bitcoin, praised Pakistan’s openness to innovation. The company’s bitcoin holdings now total approximately 582,000 BTC, valued at over $62 billion, a strategy that has lifted its market cap from…

Ethereum is experiencing a pullback and could hit back to test $2,400 before a possible upward correction. The accumulation of whales indicates high confidence in the future of Ethereum by investors. Inflows into Ethereum ETFs jumped last week, with an additional $528 million, totaling more than $10 billion in assets. Ethereum’s price has faced a pullback following its inability to overcome the price ceiling of 2,600 to times of consolidation. Michaël van de Poppe, a prominent market analyst, predicts that the current price behavior represents a possible resurgence based on low support levels at roughly 2,400. The retracement in Ethereum…

Bitcoin, since its inception, has been lauded for its decentralized nature – a key feature that promises resistance to censorship, control, and manipulation by any single entity. However, this decentralization, while theoretically robust, faces real-world challenges presented by geopolitical risks. Nations and international organizations wield significant power that can impact Bitcoin’s network, development, and adoption. This influence poses a threat to the very principles upon which Bitcoin was built. Regulatory Pressures and National Bans One of the most overt geopolitical risks to Bitcoin’s decentralization lies in regulatory power. Individual nations can attempt to regulate or outright ban Bitcoin, which can…

Strategy executive chairman Micheal Saylor said on Sunday that he is open to serving as an advisor for Pakistan’s crypto strategy. The parties discussed the potential use of Bitcoin as part of the national reserve and the development of crypto policy frameworks. Saqib urged Pakistan to consider Saylor’s example of turning Strategy into a Bitcoin-buying vehicle. He believes that if private individuals can build that in the U.S., Pakistan, with the talent, story, and energy, can do the same. Pakistan advances its crypto pivot strategy Michael Saylor talked with 🇵🇰 Pakistan’s Finance Minister and State Minister for Crypto, Bilal, about…