Crypto Funds See $932M in Weekly Inflows
There was a noteworthy increase in investments in crypto-based products during the past week, marking two consecutive weeks of positive inflows since the recent market downturn.
Grayscale CEO Michael Sonnenshein Leaves Company
Michael Sonnenshein, CEO of crypto asset manager Grayscale Investments, has resigned from his position to pursue other interests.
Hong Kong Will Test e-CNY as a Means of Payment
China’s central bank, the People’s Bank of China, is slowly expanding the scope of testing for the country’s digital currency (CBDC).
Solana Will Reach $200 in Late May, Expert Says
According to Daniel Chung, co-founder of hedge fund Syncracy Capital, Solana will reach $200 by the end of May.
Crypto Exchange Kraken Says It Will Not Delist Tether in Europe
Kraken has no intentions of removing Tether (USDT) from its platform in Europe despite previous reports of a potential delisting to comply with legal requirements.
Eclipse CEO Resigns After Being Accused of Harassment
Layer 2 project Eclipse has announced the appointment of Vijay Chetty as its new CEO, following the resignation of Neil Somani amid allegations of sexual harassment.
CME Plans to Offer Bitcoin Trading Service
Chicago Mercantile Exchange (CME), renowned for operating one of the largest futures exchanges in the US, is reportedly planning to introduce spot Bitcoin trading for its clients.
