The Block
Digital-asset investment products witnessed record inflows last week, adding nearly $2.5 billion globally.Assets under management at the funds are now back to December 2021 levels.
Increased inflows into bitcoin ETFs could, in the long term, pose a threat to gold’s position as a primary store-of-value, according to an analyst.The price of bitcoin has increased by almost 10% in the past week, according to The Block’s Price Page.
Quick Take The Scroll GitHub repository received more than 1,000 comments over the weekend, largely by optimistic airdrop farmers. This is likely a result of recent airdrops like Celestia and Starknet that have rewarded code contributors.
Open interest for Bitcoin futures on centralized exchanges reached a new yearly high after the recent price rally.Aggregated open interest for Bitcoin futures stands at $22.9 billion, its highest level since Nov. 2021.
The People Power Party may pledge to eliminate the ban on spot bitcoin ETFs, institutional investment in crypto and initial exchange offerings, local media reported.Crypto-related election promises reflect the ruling party’s desire for votes from younger citizens, according to a local news report.
Quick Take AltLayer raised $14.4 million in a strategic round to expand its rollup infrastructure. The round was co-led by Polychain Capital and Hack VC, with participation from OKX Ventures, HashKey and others.
Quick Take The Ethereum co-founder said that he’s excited about the assistance of artificial intelligence in code verification.
Quick Take: The proposed revision to existing law, if enacted, could be a huge opportunity for Web3 startups in Japan, one local expert said.
ARK Invest sold nearly half a million Coinbase shares after the crypto exchange earned analyst upgrades for its Q4 outperformance.
Quick Take Navin Gupta, former managing director of Ripple, became the new CEO of Crystal Blockchain as the firm eyes expansion in the Middle East and Asia.
