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Investor concerns persist as crypto investment products see 4th week of outflows

On March 6, European cryptocurrency investment firm CoinShares published its “Digital Asset Fund Flows Report,” which reveals that investors have continued to show negative sentiment toward crypto investment products, with outflows totaling $17 million. The negative sentiment was primarily focused on Bitcoin (BTC), with outflows for the cryptocurrency totaling $20 million.

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Nigerian Crypto Leverage Searches Second-Highest Globally — Africa Dominates Searches for Leveraged Trading Products – Africa Bitcoin News

According to an analysis of Google searches by Leverage Trading, Nigeria is the “second-highest country in the world for searches related to crypto leverage.” Along with South Africa and Ghana, the West African nation also dominates searches for the term “trade crypto.” Regulators and consumer protection agencies must “provide greater

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TSLA Stock Declines Over 5% as Tesla Goes Short on Specifics on New Products or Services at 2023 Investor Day

The automaker plans to ramp up battery production for all vehicles and utility-scale energy storage systems. It appears investors are not pleased with the outcome of the Tesla 2023 Investor Day held on in Austin, Texas. CEO Elon Musk and other executives at the manufacturing company discussed Tesla’s position to influence

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Digital Asset Investment Products’ AUM in February Reaches Highest Level Since May 2022

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a

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Coinbase CEO reiterates that ‘staking’ products aren’t securities

Coinbase CEO Brian Armstrong has attempted to quell speculation that his exchange’s staking products should be classified as securities — upping the ante in the ongoing debate around crypto regulations with the United States Securities and Exchange Commission, or SEC. In a televised interview with Bloomberg on March 1, Armstrong

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Meta Announces New AI Team to Develop ‘Creative and Expressive’ Social Media Products

Meta Platforms has created a new AI team dedicated to enhancing the experience of its social media services.  Mark Zuckerberg recently announced that a new team at Meta Platforms (NASDAQ: META) is developing artificial intelligence (AI) products for Instagram and WhatsApp. Zuckerberg said this newly-created product group would focus on generative artificial intelligence.

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Coinbase hit with proposed trademark lawsuit over Nano derivative products

Crypto exchange Coinbase has been named as a defendant in a legal complaint brought by NanoLabs — the company behind the digital currency Nano (NANO) — over alleged trademark infringement. In the Feb. 24 filing with the California Northern District Court, NanoLabs alleged Coinbase's Nano Bitcoin futures contract and Nano Ether

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Litecoin Foundation Partners With Digital Asset Manager Metalpha to Develop Hedging Products for LTC Miners

Meanwhile, Metalpha and Litecoin Foundation added they will work with universities and research institutions to further sustainable blockchain innovation, support public education around the Litecoin network, and improve network awareness, adoption, and scalability. Original Source

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Tencent Cloud to Introduce New Products for Web3 Builders in Support of Greater Decentralized Tech Push

Tencent Cloud has expressed commitment to building, supporting, and growing the global Web3 community. Tencent Cloud recently announced its support for the global Web3 ecosystem development. The cloud business by Tencent also introduced new products to facilitate Web3 creation and consolidation. Tencent Cloud expressed its commitment at the first global Web3 summit, with Poshu Yeung, Senior Vice

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