“ETFs have seen net outflows, layer 1 activity has fallen or stagnated and funding rates remain very low,” analysts led by David Glass wrote. Funding rates are the difference between price of the perpetual futures […]
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Investment banking giant Citigroup has released research on how property technology could affect the housing market, mentioning virtual estate in the metaverse and cryptocurrency-backed mortgages. In a report released Wednesday titled, “Home of the Future: […]
Citibank, a major global banking institution, revealed on Wednesday that it has hired Switzerland-headquartered crypto custody firm Metaco to establish a digital asset custody platform. The collaboration will focus on tokenized securities, which are representations […]
Citigroup is reportedly seeing a “very rapid” accumulation of interest in bitcoin across a broad spectrum of clients, including large asset managers. The bank is now considering launching its own crypto services as a growing […]
Earlier this year, Nasdaq-listed MicroStrategy converted its $425 billion worth of cash reserves to Bitcoin. Explaining its bold call to invest in an asset that remains notoriously volatile and unregulated, the firm’s CEO Michael J. […]
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