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Bitcoin Has Surged by More Than 295% in 2020 as US Dollar Index Slips to a 32-Month Low

Bitcoin Has Surged by More Than 295% in 2020 as US Dollar Index Slips to a 32-Month Low

Bitcoin has hit a new record high of $28,600 and this bull run has made the leading cryptocurrency gain more than 295% this year.

Payments giant PayPal and Galaxy raise $20 million

Payments giant PayPal and Galaxy raise $20 million

The investment round included 23 organizations and six angel investors.

Grayscale Contacts with SEC over the Securities Status of Three Trusts

Grayscale Contacts with SEC over the Securities Status of Three Trusts

Grayscale Investments, a subsidiary of the Digital Currency Group (DCG) has been in contact with a staff of the United States Securities and Exchange Commission (SEC) over the definition of the status of three of its established Trusts.

Digital-Asset Investment Funds Enjoys Net Inflow of up to $63M since Five Weeks

Digital-Asset Investment Funds Enjoys Net Inflow of up to $63M since Five Weeks

Market analysis report shows that digital asset investment products enjoy a net flow of up to $63 million in five consecutive weeks, breaking a four week run of outflow.

News Industry Grapples with Financial Woes and AI Disruption

News Industry Grapples with Financial Woes and AI Disruption

The news industry faces declining advertising revenue, declining subscriber growth, and AI-driven disruptions, necessitating strategic shifts and legal disputes to adapt to digital advertising trends.

Blockchain Security Firm Certik Raises Nearly $88m in Stock Offering

Blockchain Security Firm Certik Raises Nearly $88m in Stock Offering

Blockchain security and audits firm, Certik raise nearly $88 million through a stock offering.

Institutional investors pull back from crypto amid regulatory crackdown

Institutional investors pull back from crypto amid regulatory crackdown

Last week, institutional fund withdrawals reached $32 million, despite a 10% market increase.

FTX investors file class-action suit against Sequoia

FTX investors file class-action suit against Sequoia

FTX investor class-action lawsuit venture capital companies have a "tricky case," according to a crypto lawyer.

SEC Probes Investment Advisers Offering Crypto Custody Without Proper Qualification

SEC Probes Investment Advisers Offering Crypto Custody Without Proper Qualification

After the fall of FTX and the Ripple lawsuit in 2022, the U.S. Securities and Exchange Commission (SEC) is now looking into Wall Street corporations that may be violating custody regulations.

Spot Bitcoin ETFs: Transforming Crypto Investment Landscape

Spot Bitcoin ETFs: Transforming Crypto Investment Landscape

The SEC's approval of spot Bitcoin ETFs, including Valkyrie's, marks a pivotal moment for crypto investments, potentially attracting billions in inflows and indicating a surge in Bitcoin's mainstream acceptance.

Fidelity: 60% of Institutional Investors Believe that Digital Assets Have a Place in their Portfolio

Fidelity: 60% of Institutional Investors Believe that Digital Assets Have a Place in their Portfolio

Fidelity Digital Assets surveyed 774 institutional investors across the United States and Europe, and 80 percent of those who were surveyed found something appealing about digital assets. The research was conducted from November 2019 to early March 2020 and is the second consecutive year that Fidelity Digital Assets has conducted this survey for US institutional investors and the first for European investors.

Capital Inflows into Crypto Investment Products, Hit a 3-Month High of $193m

Capital Inflows into Crypto Investment Products, Hit a 3-Month High of $193m

In the past week, inflows into crypto investment products reached $193 million. A scenario last seen in mid-December 2021, according to digital asset management firm Coinshares.

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