“In the Asian crypto landscape, contrasting narratives surface – rigid policy making restricts tech freedom, exemplified by a developer penalized for VPN use by China’s Great Firewall, versus progressive digital adoption, as evidenced by Hangzhou’s 10 million e-CNY airdrop and Alibaba’s move into crypto securities.”
Search Results for: Cobo
Unfurling Crypto Landscape: The Impact of a Potential Bitcoin ETF and DeFi Revival
“Mao Shixing, co-founder and CEO of Cobo, notes the considerable potential influence of traditional institutions applying for a Bitcoin ETF. By Q1 2024, approval for cryptocurrency spot ETFs isn’t unrealistic, potentially reinjecting funds into key assets like Bitcoin and Ethereum.”
Argus Protocol’s Success: Reflecting Institutional Trust in Blockchain Finance and DeFi
“In a significant development for blockchain finance, the Argus protocol, launched by crypto custodian Cobo, saw institutional customer funds exceed $100 million within seven days of release. This highlights growing institutional interest in decentralized finance (DeFi) and secure token storage.”
Bitcoin vs Ether: Decoupling Debate, Halving Effects, and Emerging Market Trends
Crypto market confidence is recovering, with Cobo’s AUC returning to November 2022 levels. The debate on Bitcoin’s role as a store of value or risk hedge continues, while Bitcoin-ether correlation drops to 77%.