Wednesday, April 21, 2021
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Galaxy Digital Bitcoin Funds Raise $59M as Institutional Cash Flows In

Galaxy Digital’s bitcoin funds raised $58.7 million in their first year as predominately high-dollar buyers staked their claim to the surging cryptocurrency. The institutional fund in particular appears to capture high-rollers’ spiking interest in bitcoin. With a minimum investment of $250,000, the $55 million fund attracted 33 investors for an

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Market Wrap: Bitcoin Slips to $11.2K; Uniswap Flows Dominate Ether

Bitcoin is trending downward while ether transaction activity is showing Uniswap’s influence on the market.Bitcoin (BTC) trading around $11,359 as of 20:00 UTC (4 p.m. ET). Slipping 0.38% over the previous 24 hours.Bitcoin’s 24-hour range: $11,286-$11,555BTC below its 10-day and 50-day moving averages, a bearish signal for market technicians.Bitcoin trading

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Forex Regulator Warns Against Illegal Crypto Cross-Border Flows

China’s foreign exchange regulator has warned that emerging markets need to muscle in on cryptocurrency-enabled illegal cross-border capital flows.Sun Tianqi, the chief accountant of China’s State Administration of Foreign Exchange (SAFE), made the remarks at a forum today in Shanghai, according to an Oct. 28 report from Reuters.China has

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