According to CoinShares' latest weekly report, digital asset investment products experienced their fifth consecutive week of outflows, with outflows totaling $1.70 billion last week, bringing the total outflow during this negative trend to $6.40 billion and marking the 17th consecutive day of outflows, the longest negative streak since records began in 2015. The report pointed out that despite the continued negative market sentiment, year-to-date capital inflows have remained positive at $912 mi...
On March 16th, the Central Office and the State Office issued the "Action Plan for special projects to boost consumption". The plan proposes to strengthen credit support. Encourage Financial Institution Groups to increase the investment of personal consumption loans under the premise of controllable risks, and reasonably set the amount, term and interest rate of consumer loans. Support Financial Institution Groups to optimize the repayment methods of personal consumption loans in accordance with...
The venture arm of BlockTower Capital has been officially spun off as a separate company under the name Strobe Ventures, with $235 million in assets under management (AUM) and plans to raise $100 million for its second fund. Strobe Ventures will double its investment in early-stage cryptocurrencies with a "high belief" strategy.
According to CoinShares' latest weekly report, digital asset investment products saw outflows for the fourth consecutive week, totaling $876 million. Affected by the combination of falling prices and continued outflows, total assets under management (AuM) fell by $39 billion from its peak to $142 billion, the lowest since mid-November 2024. Bitcoin saw outflows of $756 million last week, and short bitcoins also saw outflows of $19.80 million, the largest outflow since December 2024. A variety of...
Singapore-based Web3 platform Galaxis has announced a $5 million investment commitment from Bolts Capital to accelerate the expansion of its Decentralized Science (DESCI) initiative and smart certificate solution, which aims to empower researchers, institutions, brands and creators by leveraging blockchain technology for transparency, identity verification and intellectual property ownership. ChainCatcher previously reported that Singapore-based Web3 platform Galaxis announced in May 2024 that i...
On March 5th, Li Yunze, director of the State Administration of Financial Supervision and Administration, said at the first "ministerial channel" concentrated interview activity of the third session of the 14th National People's Congress on March 5th that last year, the State Administration of Financial Supervision expanded the scope of the pilot of equity investment in financial asset investment companies to 18 cities across the country, and achieved positive results. The contracted amount has ...
The State Financial Supervision and Administration issued the "Notice on Further Expanding the Pilot Program of Equity Investment in Financial Asset Investment Companies".
According to the latest weekly report of CoinShares, digital asset investment products have seen capital outflows for the third consecutive week, setting a record for the largest single-week capital outflow in history, totaling $2.90 billion, and the total amount of capital outflows in three weeks reached $3.80 billion. Bitcoin outflows last week were $2.59 billion, while Bitcoin short funds inflow slightly, totaling $2.30 million. Ethereum weekly outflows hit a new high of $300 million. Solana ...
CZ, founder of Binance, said of the proposal to support early-stage innovation projects through angel investment, "I am trying. I think people are generally accurate, but it takes time. To understand an entrepreneur, you need to observe how he makes decisions and executes under various pressures, under the temptation of money, and under the interests of users. And whether he is hard-working, flexible, understands the market, has a worldview, has leadership, etc. It is not easy to understand ever...
On February 26th, the State Administration of Financial Supervision and the National Development and Reform Commission held a symposium on the pilot of equity investment in financial asset investment companies. Five financial asset investment companies, including ICBC Investment, Agricultural Bank Investment, Bank of China Assets, CCB Investment, and Bank of Communications Investment, introduced the pilot work and effectiveness of equity investment, and put forward opinions and suggestions on op...
According to CoinShares' latest weekly report, outflows of digital asset investment products totaled $508 million last week, and $924 million in the past two weeks, after 18 weeks of outflows totaling $29 billion. Counterfeit products continue to see inflows, with XRP leading the pack again, with inflows of $38.30 million. Since mid-November 2025, XRP inflows have reached $819 million, reflecting investors' desire for the SEC to drop litigation. They are followed by Solana, Ethereum, and Sui, wi...
Hong Kong investment firm HK Asia Holdings Limited announced further investments in Bitcoin, purchasing approximately 7.88 BTC at a price of approximately $761,000 on February 20, 2025. The decision follows a previous investment disclosed on February 16, 2025, bringing the company's total bitcoin holdings to approximately 8.88 BTC at an average cost of approximately $97,000 per unit. The company's board of directors approved the deal, funded from its internal resources.
On February 24th, Eastern Time, on February 21st, the White House website released the "America First" investment policy memorandum, announcing that it will adjust the US investment policy and focus on further restricting two-way investment with China. This morning (February 24th), the spokesperson of the China Council for the Promotion of International Trade responded to this. The Chinese business community firmly opposes the US's repeated generalization of the concept of national security and ...
On February 22, the spokesperson of the Ministry of Commerce answered a reporter's question on the release of the "America First" investment policy memorandum by the United States: China has noticed the relevant situation. The US approach generalizes the concept of national security and is discriminatory. It is a typical non-market approach, which seriously affects the normal economic and trade cooperation between enterprises of the two countries. China urges the US to abide by international inv...
The HBAR Foundation has announced an undisclosed investment in the Archax-tokenized Fidelity International Dollar Money Market Fund. The investment follows the recent tokenization of MMFs on the Hedera network by Archax, the first FCA-regulated digital asset exchange, broker, and custodian, and a distributor of Fidelity International funds. These tokenized shares are available on the Archax platform, allowing investors to gain exposure to assets through a blockchain-powered mechanism.