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OKX challenges Coinbase's Base with its Ethereum Layer-2 network launch! Mainnet live, offering faster & cheaper transactions via Polygon's AggLayer. X Layer boasts 170 dapps & a growing community. A significant move in the race for Ethereum scaling solutions!
Farallon Capital Management, Cetera Investment Advisers, and BigSur Wealth Management have reported multi-million dollar investments in spot Bitcoin ETFs in the first quarter. Farallon Capital, a San Francisco-based hedge fund manager, disclosed an $85.2 million investment in Grayscale’s GBTC on May 24.
Stablecoin giant Tether is increasing its bets on cryptocurrency adoption in Eastern Europe with additional investment in the Georgia-based crypto payment provider CityPay-io. Tether officially announced on May 8 the injection of additional investment into CityPao-io .
According to a senior commodity analyst, Bitcoin’s BTC volatility puts it behind gold and the U.S. dollar in some investment perspectives. Meanwhile, BTC may crash harder than the stock market during a recession. Mike McGlone, senior commodity analyst for Bloomberg, spoke about the market’s volatility in a panel .