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    Investments

    El Salvador’s Bitcoin City port transformation secures $1.6 billion investment

    El Salvador President Nayib Bukele announced that Turkish company Yilport Holdings will invest $1.6 billion—the largest private investment in the nation’s history—to upgrade two ports, including one in the home of the proposed Bitcoin...

    Ethereum accounts for 88% of crypto investment products’ $176 million inflow

    Crypto investment products experienced significant inflows of $176 million as investors capitalized on recent price dips, according to CoinShares‘ latest weekly report. James Butterfill, the head of research at CoinShares, noted that the total assets...

    Grayscale adds Sui and Bittensor trusts to its crypto product suite

    Grayscale has introduced two new crypto investment trusts, focusing on the Sui blockchain and the decentralized AI network Bittensor, according to an Aug. 7 statement. The Grayscale Bittensor Trust will invest in Bittensor’s native TAO...

    IMF acknowledges progress in El Salvador’s Bitcoin strategy

    The International Monetary Fund (IMF) conceded that the potential risks tied to El Salvador’s adoption of Bitcoin as legal tender have not materialized. On Aug. 6, the financial regulator’s team, led by Raphael Espinoza, revealed...

    Venture capital injects $527 million into crypto startups in July

    Venture capital funds (VC) invested $527 million into crypto startups in July, up 14.5% year over year, according to DefiLlama data. The blockchain infrastructure sector raised $420.7 million last month, and its startups contributed...

    Crypto ETP outflows hit $528M amid recession fears and market turbulence

    Crypto-related investment products experienced outflows of $528 million, ending a four-week streak of inflows, according to CoinShares’ latest weekly report. James Butterfill, the head of research at CoinShares, explained that the outflows were triggered by...

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