📊 Paul Brody of EY notes that people increasingly view Bitcoin (BTC) as an asset rather than a means of payment. Ethereum (ETH) gains traction for business transactions and DeFi services. While fiat currency remains popular for payments, stablecoins are on the rise. Brody emphasizes the growing interest in central bank digital currencies (CBDCs) globally.
#Bitcoin #Ethereum #CryptoAssets #Stablecoins #CBDCs 🌐💱

📈 Tokens.com Q2 Update: Revenue at $129K, down from $251K YoY. Deficit narrows to $900K from $11.9M. 📊 Impressive $12.2M in cash & crypto assets held as of June 30. 💰 Adapting to the evolving landscape! #Web3Investments #Q2Earnings #CryptoAssets

🚨 BREAKING: 🏦💰 $1.5 trillion asset manager Franklin Templeton has officially applied for a spot in the #Bitcoin ETF market! 🚀📈

#Cryptocurrency #CryptoAssets #BitcoinNews

📢 IOSG Ventures reportedly selling assets: 1543 ETH ($2.9M), 352,242 UNI ($1.69M), 3.95M 1INCH ($1.3M), and 270,794 C98 ($49K) held in two addresses. #CryptoAssets #BitcoinWorld 💸📉🏦

🚀 Excited to dive into the world of AI asset management! With AI technology, individuals can now manage their crypto assets like professionals. Discover how AI boosts efficiency and security in crypto asset management. #AI #CryptoAssets #AssetManagement #Innovation

🚀 DeFi protocol Libra Finance (LBR) adds ETHx to its collateral assets issued under peUSD, enhancing its ecosystem. 💼🌐 #DeFi #LibraFinance #ETHx #CryptoAssets

🚀 John Galt, head of strategy at Cosmos (ATOM)-based Stride (STRD), reveals a 1.6% stake investment now valued at $70 million, with the Interchain Foundation (ICF) holding $125 million in BTC and ETH, $125 million in ATOM, and $100 million in shares. 💼💰 #CryptoInvestment #Cosmos #CryptoAssets

🚀💼 BlockFi emerges from Chapter 11 bankruptcy with an approved rehabilitation plan, offering the possibility of asset recovery, legal action, and fund withdrawals for customers. #BlockFi #BankruptcyRecovery #CryptoAssets

3 #CryptoAssets Rising in Value of the Day

👉 Top 100 Top Winners:

Stacks (#STX) +16%

Pepe (#PEPE) +13%

•Lido DAO (#LDO) +8%

#crypto2023 #cryptotrading

💰💼 Canadian cryptocurrency exchanges Bitbuy and Coin Square, under the umbrella of parent company WonderFi, see their total assets under management surpass 1 billion Canadian dollars ($736 million), with cash and cryptocurrency deposits reaching this milestone. This marks a quarter-over-quarter increase of CAD 305 million, boosted by a 54% rise in transaction volume in November and a 16% growth in active users. 🇨🇦📈 #Bitbuy #CoinSquare #CryptoAssets

📊🏦 Institutional Investor Preferences 🏦📊

The Binance research team conducted a survey among 208 institutional investors in virtual assets, yielding intriguing insights into their asset management choices:

🏦 Centralized Exchange (CEX): A notable 58.2% of respondents are entrusting their assets to centralized exchanges, leveraging their expertise and convenience.

📑 Specialized Trust Agency: Meanwhile, 20.2% opt for specialized trust agencies, highlighting the importance of secure custodial services for institutional investors.

The survey underscores the diverse approaches that institutional investors are taking to safeguard and manage their virtual assets. As the landscape evolves, informed choices remain key. 🌐🏛️ #InstitutionalInvestors #CryptoAssets

💰🔄 Voyager Digital, the revived crypto lending platform post-bankruptcy, reportedly deposits around 1,500 ETH ($2.77M) and 25 billion SHIB ($2.7M) onto Coinbase via AmberCN. The firm aims to consolidate tokens into its primary wallet. 💼 Withdrawals halted, Voyager Capital now transitions to selling crypto holdings and USD payouts for users. Blockchain analysis by Arkham Intelligence indicates $81.63M in assets, set for sale within days. 📈🔍 #VoyagerDigital #CryptoAssets #Consolidation #CryptoUpdates

🔸 Digital asset investment products saw inflows for the 4th consecutive week totalling $66M 🔸
#CryptoAssets

CBI entrusts seized digital assets to Singapore-based Liminal, leveraging their expertise in wallet infrastructure for managing cryptocurrencies. 🌐💼 #CryptoAssets #CBIInvestigation

COINBASE DEMANDS COURT ORDER SEC’s HAND ON CRYPTO RULES PETITION

Cryptocurrency exchange Coinbase is ramping up pressure on the SEC to accept or reject its petition for crypto asset regulation formally.Coinbase wants a court order mandating an SEC response within 30 days.

This follows vague comments from the SEC on October 12th that staff gave an undisclosed recommendation on the petition to agency leadership. Coinbase slammed the non-update in a legal filing and on Twitter, demanding the opaque bureaucracy give way to clarity.The petition, originally filed in July 2022, asks the SEC to propose rules outlining which digital assets are securities. This would provide much-needed regulatory guidance to the crypto industry.

This showdown comes as the SEC faces growing pressure to provide rules of the road for crypto. The agency relies on decades-old statutes to determine securities status on a case-by-case basis.Many critics argue this leaves innovators in limbo about how to comply. Some legal experts warn that regulatory foot-dragging risks are stunting beneficial developments in digital assets.

#Coinbase #SEC #cryptocurrency #ftx #CryptoAssets

🚀 Don't Miss Out! Here's a list of 10 assets you should have in your wallet before it's too late:

1. #SHIBAINU (SHIB)
2. #XRP
3. #AVAX
4. #RNDR
5. #BAD Idea AI (BAD)
6. #OP
7. #ACH
8. #BTC
9. #ETH
10. #SOL

These assets are newcomers with strong teams and innovative potential in the crypto market. 🌱 The crypto space is still young, offering ample growth opportunities. Just remember to do your research and understand the risks. 💼💰 #cryptocurrency #Investment #CryptoAssets #BinanceSquare

🌟 BREAKING Bitcoin has climbed to become the world’s 10th largest asset!

Here's the ranking:
Gold = $13.8T
Microsoft = $3T
Apple = $2.9T
Saudi Aramco = $2T
Alphabet (Google) = $1.8T
Amazon = $1.7T
NVIDIA = $1.7T
Silver = $1.2T
Meta (Facebook) = $1.2T
#Bitcoin = $0.8T

🔭 Will $BTC make its way to the Top 5? 🚀

Let's watch its journey!

#BTC #CryptoAssets #TradeNTell #Write2Earn $SOL $ETH