Major hedge funds plan to increase their cryptocurrency holdings to 7% in five years, according to a survey by the Financial Times.
Open Positions on BTC Futures at One-Month High
Open interest in Bitcoin futures contracts has reached a one-month high amid the market recovery.
World Economic Forum Publishes Report on Cryptocurrencies
While the World Economic Forum focused on Bitcoin and especially Ethereum in its report on cryptocurrencies, it drew attention to projects such as Algorand, XRP and Stellar in the transmission speed and scalability section.
US Congress to Hold Hearings on Cryptocurrencies, but Not on SEC Agenda
With the growing interest in the cryptocurrency industry, the US Congress will hold four separate sessions this month directly related to cryptocurrencies. On the other hand, the SEC 2021 agenda does not include cryptocurrencies and regulation.
SEC Delays Kryptoin's ETF Application
After WisdomTree and VanEck, the SEC postponed its decision on Kryptoin's ETF application to 45 days later, July 27. The expected date for WisdomTree is July 14, and for VanEck, June 17.
20% of New Zealand Investors Support Cryptocurrencies
20% of investors in New Zealand are those who have invested or plan to invest in cryptocurrencies.
Bitcoin Water Trust Raised More Than $1.3M
Bitcoin Water Trust is a non-profit organization that will fund clean water projects by HODLing the BTCs it collects until 2025 and then converting it to fiat money, and has received more than $1.3 million in BTC donations despite launching three weeks ago.
Former PayPal Employees Launch Payment Network on Algorand
Two former PayPal employees are launching a decentralized cross-border payment network in Algorand. With this system, it is aimed to make faster, cheaper and transparent transfers.
Investors Are Confident In Cryptocurrency According To Voyager Digital Survey
According to a Voyager Digital survey of 3671 investors, 81% of respondents are more confident that cryptocurrencies have a future, and 87% will increase their cryptocurrency holdings in the next quarter.
Most Fund Managers Call BTC Bubble, According to Bank of America Survey
According to a global fund manager survey by Bank of America, 81% of fund managers still think Bitcoin is a bubble.