CoinShares: Despite outflows from Bitcoin and Ethereum, multi-digital asset investments are seeing inflows

According to CoinShares, Europe’s largest digital asset fund manager, digital asset investment products suffered outflows for the third week in a row, this time totaling US$28 million. Bitcoin experienced the most withdrawals, but multi-digital asset investment products received inflows of US$3.1 million, putting them in the black. Fast facts:  According to CoinShares, bitcoin investment products…

Daily Crypto News July- Global Crypto ATM installations have increased by 70% in 2021

Tesla reports record $1B income for Q2 despite $23M impairment loss on BTC Tesla’s latest earnings report showed that the firm conducted no digital asset purchases or sales in Q2, but reported an impairment loss of $23 million on its Bitcoin(BTC) holdings. Electric vehicle and clean energy firm, Tesla, has reported $1.14 billion in net…

Daily Crypto News- Amazon plans to accept Bitcoin payments this year, claims insider

FTX reduces max leverage from 101x to 20x to encourage ‘responsible trading’ Sam Bankman-Fried, the CEO of surging crypto derivatives exchange, FTX, has slashed its maximum leverage in a move to promote responsible trading practices. Crypto derivatives exchange FTX has decided to curb risky trading by limiting the leverage available to its users. Amazon plans…

Daily Crypto News- SpaceX owns Bitcoin, Elon Musk and Nick Carter believe BTC is becoming greenerSpaceX owns Bitcoin, Elon Musk and Nick Carter believe BTC is becoming greener

SpaceX owns Bitcoin, Elon Musk and Nick Carter believe BTC is becoming greener Musk revealed that SpaceX owns Bitcoin and that Tesla may be close to accepting BTC payments again after looking into BTC’s sustainability. Tesla CEO Elon Musk has revealed for the first time that his firm SpaceX owns Bitcoin (BTC). However Musk’s other…