News Explorer — Ethereum Is Losing Favor Among Institutional Investors: CoinShares
Decrypt
Ethereum Is Losing Favor Among Institutional Investors: CoinShares
Ethereum has experienced significant outflows from institutional investors in 2023, with over 108 million in sales this year. CoinShares’ analysis shows that Ethereum is the most sold digital asset by large entities, making it the least loved digital asset for ETP investors. However, the recent application for the first Ethereum ETF by Ark Invest could potentially change the sentiment towards the cryptocurrency.
Source Article
Latest
Sep 11, 3:59 pm
Decrypt
Ethereum Is Losing Favor Among Institutional Investors: CoinShares
Ethereum has experienced significant outflows from institutional investors in 2023, with over 108 million in sales this… Read Summary
Source Article
Sep 11, 3:45 pm
Decrypt
Gensler Decries ‘Wide-Ranging Noncompliance’ In Crypto Ahead of Oversight Testimony
SEC Chair Gary Gensler’s written remarks ahead of his testimony on SEC oversight indicate his unwavering tough stance on… Read Summary
Source Article
Sep 11, 2:26 pm
Decrypt
Bitfinex and Tether CTO Paolo Ardoino to Testify in Market Manipulation Lawsuit
Bitfinex and Tether’s CTO, Paolo Ardoino, will be deposed this week as part of a class-action lawsuit against the firms…. Read Summary
Source Article
Sep 11, 2:06 pm
Decrypt
Bitcoin Drops to 3-Month Low While Ethereum Takes Harder Hit
Bitcoin has experienced a 3% drop in the past 24 hours, reaching its lowest level in three months. This decline has had… Read Summary
Source Article
Sep 11, 1:46 pm
Decrypt
Tesla’s Promised Supercomputers and Its AI Focus Prompts Stock Upgrade by Morgan Stanley Analyst
Morgan Stanley analyst Adam Jonas has upgraded Tesla’s stock to overweight, citing the potential benefits of artificial… Read Summary
Source Article
Sep 11, 11:53 am
Reuters
US CFTC Official Proposes Federal Registry of Financial Fraud Convictions
A top U.S. regulator, Christy Goldsmith Romero, is proposing the creation of a federal registry to make it easier for in… Read Summary
Source Article
Sep 11, 9:51 am
Decrypt
ApeCoin Plunges to New Low, Down 42% Over Last Month
ApeCoin, the token linked to the Bored Ape Yacht Club NFT collection, has reached a new all-time low, trading at 1.16. O… Read Summary
Source Article
Sep 11, 9:32 am
Protos
Scammers from the UK Busted in Thailand for Stealing $2.7 Million From Over 3,000 Victims
Five foreign nationals have been arrested in Thailand for their involvement in a crypto scam that stole 76 million baht… Read Summary
Source Article
Sep 11, 9:06 am
Decrypt
FTX’s $3.4 Billion Crypto Portfolio Includes Solana, Bitcoin and Ethereum
A court filing revealed that failed crypto exchange FTX owns $1.16 billion worth of Solana SOL tokens, making up over on… Read Summary
Source Article
Sep 11, 3:52 am
Decrypt
Ex-Algorand Boss Steve Kokinos Tapped as CEO for Firm Buying Celsius
According to court filings, Steve Kokinos, the former CEO of Algorand, has been proposed as the CEO for Fahrenheit Holdi… Read Summary
Source Article
Sep 11, 3:42 am
DL News
FinCEN Urges Financial Institutions to Report Suspicious Activity Tied to Crypto ‘Pig Butchering’ Scams
The Financial Crimes Enforcement Network (FinCEN) has issued an alert urging financial institutions to report suspicious… Read Summary
Source Article
Sep 11, 3:18 am
Coindesk
Decentralized Exchange Sushi Expands to Aptos Blockchain
Sushi, a popular decentralized exchange (DEX), has expanded its services to the layer-1 blockchain Aptos. This marks the… Read Summary
Source Article
Sep 11, 1:53 am
Coindesk
Animoca Brands Raises $20 Million for ‘Mocaverse’ Metaverse Project
Animoca Brands has raised $20 million from a group of prominent Web3 investors, including CMCC Global, Kingsway Capital,… Read Summary
Source Article
Sep 10, 3:42 pm
Decrypt
Hacker Steals Over $690,000 After Hijacking Vitalik Buterin’s Twitter Account
Ethereum creator Vitalik Buterin has been hacked on Twitter, resulting in the theft of 691,000 from users who clicked on… Read Summary
Source Article
The post News Explorer — Ethereum Is Losing Favor Among Institutional Investors: CoinShares appeared first on Crypto News Australia.
Filed under: Bitcoin - @ September 12, 2023 12:08 am