The central bank says strong interest in its CBDC project is partly being driven by Bitcoin’s recent surge, despite cryptocurrency still being banned in China.
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Morgan Stanley adds Bitcoin exposure to 12 investment funds
Bitcoin exposure has been added to the end of “Other Securities and Investment Strategies” sections for a dozen investment funds.
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Total crypto market capitalization posts new all-time high above $1.9T
Total crypto market cap briefly surpassed that of Saudi Aramco.
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Bitcoin futures premium hits 30%, but analyst says, ‘This time it’s different’
Futures traders are using excessive leverage and historical data shows Bitcoin price crashes tend to occur after the futures premium reaches 30%.
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Institutional inflows into crypto hit lowest levels since October
Managers bought $21 million worth of digital asset investment products last week, according to Coinshares. On a market-cap adjusted basis, Ethereum remains the most popular
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Stablecoin reserves on crypto exchanges hit new historic high of $10B
Cryptocurrency exchanges continue accumulating massive amounts of stablecoins like Tether and USDC Coin.
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