In an effort to improve the inefficiencies found in pricing within traditional financial systems and off-exchange transactions, Yoann Turpin, a co-founder of Wintermute, advocates for increased use of Decentralized Finance (DeFi) solutions. In a recent social media update, Yoann Turpin, one of the founders of Wintermute – an advanced trading platform specializing in boosting liquidity … Read more
As an analyst, I’m excited to share that Thailand is contemplating a groundbreaking decision – approving exchange-traded funds (ETFs) designed to invest directly in Bitcoin. This move, if approved, would be a historical first for Thailand and could significantly bolster the growth of its burgeoning cryptocurrency sector. Based on a Bloomberg report published on January … Read more
As a crypto investor, I’m eagerly watching the developments unfold as U.S.-based Osprey Funds prepares to transform their Bitcoin trust into an exchange-traded fund (ETF), following the collapse of the acquisition agreement with Bitwise. This potential shift could bring more institutional participation and liquidity to the crypto market. The investment company declared on January 14th … Read more
On January 14th, Bitcoin-related exchange-traded funds based in the U.S. experienced their fourth straight day of withdrawals, whereas Ethereum ETFs saw an increase in investments. Based on figures provided by SoSoValue, Bitcoin ETFs saw a total of $209.82 million leaving them on Tuesday, making it the fourth consecutive day of withdrawals. Over $1.2 billion has … Read more
The Brazilian digital bank Nubank introduces a 4% yearly return on U.S. Dollar Coin (USDC) savings, extending this benefit to all cryptocurrency wallet account holders. In simple terms, the leading digital bank across Latin America, serving over 85 million customers in Brazil and approximately 6 million customers between Mexico and Colombia, has recently introduced a … Read more