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📊 Bitcoin's place on the chart of all global assets
Today, all global assets are valued at about $900 trillion, of which:
Real Estate - about $330 trillion.
Bonds - $300 trillion.
Fiat money - $120 trillion.
Stocks - $115 trillion.
Gold - $12 trillion.
Bitcoin - $1 trillion
📱 Crypto Insider
📈 Statistics : Telegram currency TON is ahead of Dogecoin to become 8th in the Market Cap ranking.
📱 Crypto Insider
Plena has raised $5 million in funding
Plena, a cryptocurrency wallet that utilizes account abstraction technology, has reported raising $5 million.
Big Brain Holdings, Dewhales, Normie Capital, Founderheads, Galxe, SpartaDex, CSP DAO, AITECH, Decubate, GBV Capital, Dutch Crypto Investors, DEC.ventures, Poolz Finance and a number of angel investors participated in the round.
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📈 Statistics : Telegram currency TON is ahead of Dogecoin to become 8th in the Market Cap ranking.
📱 Crypto Insider
⚡️ Hong Kong has approved the launch of spot Bitcoin and Ethereum-ETFs from Bosera Capital and Hashkey Capital Limited.
Earlier it was written that Chinese investors may invest $25 billion in ETF products.
UPD: the regulator approved applications from all issuers to launch BTC/ETH-ETF.
📱 Crypto Insider
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⚡️ NEW: 🇨🇳 China has been buying more gold than any other nation since 2020, with India 🇮🇳 in second place.
Both nations are part of the BRICS coalition looking to ditch the dollar for international trade.
90% of inflows into bitcoin-ETFs are from retail investors - VanEck CEO
VanEck's CEO said that since launch, spot bitcoin-ETFs have attracted funds from retail investors, while traditional banks and institutional investors "haven't entered the fray yet."
"I was surprised, but I don't think it's traditional investors yet. I still think 90% of the inflows are retail," he said.
Crypto speak: Mint
In the crypto world, “mint” is the process of creating a new token on a blockchain.
Oftentimes, minting refers to creating an NFT or an entire collection (“We minted an NFT collection”), but it’s the same process for issuing cryptocurrencies and other tokens.
We use this word because the process is akin to central banks using machines to print (or mint) money. However, it’s understandable if it’s difficult to fathom how something can be digitally “minted.”
📱 Crypto Insider
BTC are pumping ----> #ALTs hasn't even started yet .
Be a little more patient