Weekly Crypto Products’ Inflows Reach $2.92B
In the week of March 9 to March 15, cryptocurrency investment products saw a total inflow of $2.92 billion.
In the week of March 9 to March 15, cryptocurrency investment products saw a total inflow of $2.92 billion.
US-based prediction market platform Kalshi is introducing five new event contracts for its clients on Monday, allowing them to make predictions on the market prices of Bitcoin and Ether.
According to analysts at Bernstein, the value of the entire cryptocurrency market could triple to $7.5 trillion by the end of 2025.
The Thai government has taken steps to encourage the use of investment tokens for fundraising by approving tax breaks for individuals holding these tokens.
According to a recent court filing, bankrupt cryptocurrency lender BlockFi has reached a tentative agreement with the estates of crypto exchange FTX and Alameda Research for nearly $1 billion.
German stock market operator Deutsche Börse has recently debuted its own cryptocurrency trading platform specifically designed for institutional investors.
The week of February 24 to March 1 saw a total of $1.83 billion in receipts for cryptocurrency investment products, following a previous period of $598 million.

"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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