According to a research study conducted by crypto asset management teams such as Iconic Funds and Cryptology Asset Group, the ability of crypto investments to positively affect the performance of investment portfolios is superior to other asset allocation models.
95% of Cryptocurrency Market in Profit
According to the on-chain data provided by Glassnode, almost 95% of the market is currently in profit. After Bitcoin rose above $ 55,000, the number of profitable assets increased by 16%.
Companies Want to Add Bitcoin to Their Balance Sheets
According to Darren Jordan, Managing Director of BitGo EMEA, companies are regularly asking how they can add Bitcoin to their balance sheets.
Total Value Locked in Lightning Network Increased Over 1,000% In a Year Hitting $165 Million
According to the latest data from DeFi Pulse, the total value locked (TVL) in Bitcoin Lightning Network has increased by 1,273% in a year, reaching $165 million.The TVL increased from $12.05 million, on October 10, 2020, to $165.55 million, which was locked on October 7, 2021.
Judge Makes XRP Investors ‘Friends of Court’ in SEC’s Lawsuit Against Ripple
A United States district judge has denied the request of XRP investors to intervene in the U.S. Securities and Exchange Commission’s lawsuit against Ripple Labs but is encouraging them to offer the court information on the case as “friends of the court.”
Ukrainian President Sends Crypto Draft Back to Parliament for Revisions
Ukrainian President Volodymyr Zelensky has sent a cryptocurrency legislative draft back to parliament for further amendments. The changes focus on giving the country's securities regulator more control over cryptocurrencies.
Mt. Gox Bitcoin Reimbursement Voting Could Release 150,000 BTC
A Mt. Gox rehabilitation proposal that deals with reimbursement to affected investors will conclude voting on Friday, Oct 8. A minimum of over 50% is required for the proposal to pass.
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