Report: Crypto Funds Receive $160M in Investments in a Week
Last week, institutional investors pumped $160 million into crypto funds, according to CoinShares’ report.
Binance Experiences Massive BTC Withdrawals
Trader activity on Binance has dropped drastically since the US Commodity Futures Trading Commission (CFTC) initiated a lawsuit against the exchange.
Changpeng Zhao Denies Market Manipulation Allegations
Zhao has denied the accusations against him, stating that the platform does not engage in any form of manipulation and does not trade for profit.
Bitcoin Trading Volume on Binance Falls to Lowest Level in 8 Months
On Sunday, the number of transactions on Binance fell to its lowest amount since July 4, 2022.
MicroStrategy Spends $150M to Acquire 6,455 Bitcoins
MicroStrategy, a software provider and analyst, has recently announced that it has purchased an additional 6,455 BTC, at an average price of $23,238.
Crypto Funds Receive $160M Thanks to Problems with Traditional Finance Sector: Report
From March 18 to March 24, the inflow of funds into cryptocurrency investment products reached its highest since July 2022.
Nvidia Doubts About Value of Cryptocurrencies
Michael Kagan, CTO of the American chipmaker Nvidia, has commented that cryptocurrencies do not bring any value to humanity.
