Articles

  • 2 days ago | coinpedia.org | Steve Muchoki

    Once approved by the U.S. SEC, the Canary Pengu ETF will hold upto 95% in PENGU and the rest in Pengu NFTs.Pudgy Penguins (PENGU) price has been trapped in a spiral of bearish sentiment in the recent past. The Cboe BZX exchange has filed Form 19b-4 with the United States Securities and Exchange Commission (SEC) seeking to list and trade shares of the Canary PENGU ETF.

  • 2 days ago | coinpedia.org | Steve Muchoki

    Both companies hold around $8 trillion in assets under management, thus making the move a major shift in the crypto industry. FHFA has ordered both companies to consider only crypto assets available on U.S.-regulated crypto exchanges. Bitcoin price extended its gains on Wednesday, but faces midterm bearish sentiment.

  • 3 days ago | coinpedia.org | Steve Muchoki

    Pompliano’s ProCap raised $750 million through the merger and aims to hold up to $1 billion in Bitcoins. BTC price has significantly benefited from the mainstream adoption by institutional investors in the past year. Anthony Pompliano’s ProCap BTC has acquired 3,724 Bitcoin for about $387 million to strengthen its balance sheet.

  • 3 days ago | coinpedia.org | Steve Muchoki

    The Chainlink ecosystem has recorded a significant adoption by institutional investors in the past year. LINK price has struggled to maintain macro bullish momentum with a potential selloff likely in the coming months. Chainlink (LINK), an established decentralized oracle network, has announced a strategic partnership with Mastercard Inc. (NYSE: MA), a global payment technology company, to enable mainstream adoption of digital assets.

  • 4 days ago | coinpedia.org | Steve Muchoki

    Bitcoin (BTC) demand by institutional investors has remained high amid rising fears of short-term crypto market capitulation. According to market data from CoinShares, Bitcoin’s investment product recorded the second consecutive week of cash inflow last week of about $1.1B. As a result, the BTC’s investment products have posted a net monthly flow of about $2.38 billion and a year-to-date cash inflow of around $12.7 billion.

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