After three weeks of net outflows, global digital asset investment products returned to net inflows last week, adding $441 million.
An increase in put options indicates trader demand for downside protection following bitcoin’s recent price correction, analysts said.
The Golem Network has sent over $100 million in ETH to various exchanges over the last month, a significant portion of its overall reserves.
CoinShares attributes the inflows to recent price weakness prompted by defunct crypto exchange Mt. Gox initiating preparing to initiate repayments to creditors.
Discounts in the Grayscale Ethereum Trust and the Coinbase indicator have evaporated in a positive sign for the ether bulls.
Taiwan’s central bank governor is set to present a CBDC research report in the parliament on Wednesday, The Block has confirmed.
U.S.-listed mining companies produced a greater share of bitcoin in June than May as they brought on new capacity while the network hashrate dropped, the report said.
The absence of an outright majority could hamper the passing of new legislation, including crypto regulations.
The protocol was one of the first ICOs on Ethereum, raising $8.6 million worth of ether in 29 minutes and setting the precedent for thousands of other ICOs in the years since.
The German government continues to transfer bitcoins to centralized exchanges with the presumed intent to sell.
