Digital asset products see billions in outflows amid volatility

Summary Digital asset investment products saw $2 billion in weekly outflows, totaling $3.2 billion over three weeks, with the U.S. leading the losses. Bitcoin and Ethereum products suffered the largest withdrawals, while multi-asset funds attracted $69 million in inflows as investors sought diversification. Analysts cite weak market momentum, declining ETF interest, and monetary policy uncertainty,…

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Saylor says Strategy is buying “quite a lot” of Bitcoin

Key Takeaways Strategy is increasing its Bitcoin purchases amid market volatility. Saylor believes Bitcoin remains the premier digital capital, outperforming other assets and not threatened by stablecoins. Share this article Michael Saylor said Friday that Strategy is purchasing Bitcoin amid recent volatility, which saw the digital asset fall below $95,000 before bouncing back above $96,500….

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Belarus Makes Mining A National Priority

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Belarusian President Alexander Lukashenko has directed government agencies to expand cryptocurrency mining, saying the move could help the country cut reliance on the US dollar. Reports say he made the remarks during a high-level energy meeting in Minsk on November 14, where…

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A16z’s Sees Arcade Tokens As Key To Crypto Evolution

More crypto projects should consider using a blockchain-based equivalent to airline miles to grow their user base and power their economies, according to executives from venture capital firm a16z. In a report published on Thursday, a16z stated that one of crypto’s most underappreciated token types is called “arcade tokens.” These tokens maintain a relatively stable…

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