Bitwise makes first institutional DeFi allocation

Bitwise Asset Management has made its first institutional decentralized finance (DeFi) allocation, depositing into Maple Finance’s overcollateralized Bitcoin loans, Maple told Cointelegraph on March 6.  Maple did not disclose the size of the investment but confirmed that Bitwise’s allocation is represented in Dune Analytics total value locked (TVL) figures for Maple’s “blue chip secured” strategy.  … Read more

How can Bukele still stack Bitcoin after IMF loan agreement?

Salvadoran President Nayib Bukele raised eyebrows among industry observers on March 4 when he said that his government’s Bitcoin purchases won’t stop, despite a requirement from the International Monetary Fund (IMF). El Salvador struck a $1.4 billion loan deal with the IMF in January on the condition that it walk back Bitcoin (BTC) adoption and … Read more

Cointelegraph Bitcoin & Ethereum Blockchain News

Understanding liquidity crises A liquidity crisis occurs when an organization lacks sufficient liquid assets, such as cash or assets readily convertible to cash, to meet its short-term financial obligations. Major hacks in the cryptocurrency exchange sector can trigger liquidity crises in several ways. The immediate depletion of assets, especially from compromised hot wallets, can severely … Read more

Reaction to Trump’s crypto reserve: ‘Short-term optimism, long-term caution’

A pair of posts by President Donald Trump about his plans for a US crypto reserve “triggered a marketwide rebound” in cryptocurrencies on March 2, with global market capitalization increasing nearly 7% to $3.04 trillion, Cointelegraph reported. Still, on closer examination, a crypto strategic reserve — presumably along the lines of the US Strategic Petroleum … Read more