CryptoBlog n.2224
🖼 BAYC and BAPE Tease Season 2 of NFT-Themed Streetwear Collection The Bored Ape Yacht Club (BAYC), a decentralized autonomous organization of the popular Bored Ape NFT series, has announced the upcoming release of the second season of its NFT-themed streetwear collection in collaboration with Japanese streetwear brand BAPE. This announcement was made on through the official BAYC X account—signaling the continuation of the partnership that began in 2023—and is anticipated to be released in September 2024.
CryptoBlog n.2223
Standard Chartered is setting up a Bitcoin and Ether trading desk, becoming one of the first global banks to enter spot crypto trading. The desk, part of the bank’s FX trading unit, will be run from London and is close to starting operations.
CryptoBlog n.2222
📊 Crypto investment products saw $528 million in net weekly outflows amid recession fears: CoinShares Global crypto investment products at asset managers such as Ark Invest, Bitwise, BlackRock, Fidelity, Grayscale, ProShares and 21Shares registered net outflows for the first time in a month last week, totaling $528 million, according to CoinShares' latest report. The outflows were “a reaction to fears of a recession in the US, geopolitical concerns and consequent broader market liquidations across most asset classes,” CoinShares Head of Research James Butterfill said. “The price correction from Friday’s close saw $10 billion wiped off total ETP AUM.”
CryptoBlog n.2221
Gemini's founders, the Winklevoss brothers, donated $2m in Bitcoin to Trump's election campaign and criticized the Biden administration for targeting the cryptocurrency industry.