Upbit operator Dunamu posted $165 million in Q3 net income, driven by a market rebound and stronger investor confidence following new US crypto legislation.
The crypto market is still “very unsure” about which crypto assets to back beyond Bitcoin and Ethereum, according to an executive.
WisdomTree’s Will Peck said that crypto index ETFs will solve the need for those who don’t want to take on “idiosyncratic risk.”
Bitwise CEO Hunter Horsley took a contrarian view to the prevailing crypto investor sentiment, which dropped to a six-month low on Saturday.
Crypto treasury companies and blockchain technology are creating alternative pathways to fund early-stage scientific and medical research.
Aster says its tokenomics remain unchanged after a CMC update sparked confusion over delayed unlocks, confirming unused tokens will move to a public wallet.
Robert Kiyosaki argues a global cash shortage is driving the market crash and says he’s holding Bitcoin and gold, adding he’ll buy more BTC once the downturn ends.
ARK Invest boosted its crypto-linked holdings, buying $5.8 million in BitMine and $2.9 million in Bullish shares amid market dip.
Although the crypto sentiment index hasn’t fallen this low in more than eight months, some analysts argue the situation isn’t as dire as it appears.
Nearly 67% of investors forecast an interest rate cut of 25 basis points in December when polled during the first week of November.