Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Today in crypto, global crypto funds shrugged off market turmoil amid escalating conflict in the Middle East as investors poured more than $1 billion into crypto products last week, Strategy’s Michael Saylor has hinted at another Bitcoin purchase after the asset briefly plummeted under $100,000 on the weekend, and Texas Governor Greg Abbott has officially authorized the creation of the Texas Strategic Bitcoin Reserve.
Cryptocurrency investment products continued to attract strong investor interest last week despite major crypto assets like Bitcoin and Ether posting notable price drops.
Global crypto exchange-traded products (ETPs) recorded $1.24 billion of inflows for the trading week ending Friday, CoinShares reported on Monday.
