Institutional investors are like “I’m all about Bitcoin and Ethereum” while retail investors are chasing after the sparkly new alts, as revealed in Wintermute’s scoop. Because why not fuel the chaos?
💸💸💸 To sweeten the deal, OKX is giving a special offer. All the crypto purchases using PayPal will be fee-free during a one-month period. This special offer is available only to users in the EEA region. Moreover, by removing transaction fees, OKX hopes to attract more people to try crypto investing through a trusted platform. As a result, the company aims to remove barriers that often stop individuals from entering the crypto market.
As the world flirts with the glitzy allure of crypto as a treasury asset, Kazakhstan isn’t merely a bystander. With whispers of change in the air, reports indicate that the National Bank is pondering the conversion of its venerable gold and foreign exchange reserves into digital tokens. Yes, that’s right—uncle gold, meet your flashy new roommate!
The rate of Bitcoin (BTC) has experienced a delightful increase of 2.71% since yesterday. How charming!
A most delightful transformation is afoot: the staid suits are being replaced by the whimsical world of smart contracts, the hallowed trading floors by the ethereal token pools, and the solemn bankers by the daring builders. Oh, what a world we live in!
In a gripping saga on the social media platform X (because apparently “Twitter” is so last season), Balchunas revealed that the iShares Bitcoin Trust ETF (IBIT) is flaunting a hefty $83 billion—making it the 21st largest ETF on the block. How charming. 🎉
This remarkable event, chronicled a mere seven hours prior, bore the stamp of Coinhako, the licensed crypto guild of Southeast Asia, tucked away in the bustling heart of Singapore. The treasures destined for the unmarked address “0x25E” were monumental, a staggering $4.08 million now resting in its digital vault, almost like a dragon hoarding gold. 🐉🪙
It seems Grayscale has decided to take the plunge, following in the footsteps of Circle, the issuer of the world’s second-largest stablecoin USDC. The latter’s IPO was a resounding success, with a valuation of $6.9 billion that’s sure to make even the most skeptical of investors weak in the knees. 💸
But, dear reader, it is not just the absence of taxes that makes the UAE a haven for crypto enthusiasts. Oh no, it is the presence of something far more alluring: a government that is actively courting the crypto community. A government that has established the Virtual Assets Regulatory Authority (VARA) in Dubai, and the Financial Services Regulatory Authority (FSRA) in Abu Dhabi, to provide clear guidelines and regulations for crypto businesses.
Thanks to the blockchain analytics resource, Lookonchain, we now know that a user lost their precious PUMP tokens by performing a simple wallet operation. Oops! 😅
