• Over $76 million was invested in crypto funds during the past week.
• Around 90% of this inflow went towards Bitcoin-related products, amounting to over $69 million.
• Overall, total investment assets under management have increased by 39%, reaching $30.3 billion year-to-date.

Investments in Crypto Funds

Recent Investment Figures

A CoinShares report has stated that a total of $76 million was invested in digital asset products during the week of Jan. 30 – Feb.. Around 90% of these inflows were directed towards Bitcoin (BTC)-related products, accounting for an estimated $69 million. This marks the fourth consecutive week that recorded inflows to crypto-related investment products, with a total amount invested throughout these four weeks being over $230 million. The week of Jan 23 also saw one of the most significant inflows since July 2022, with a total amount collected at around $117 million.

Assets Under Management (AuM)

Overall, Total investment Assets Under Management (AuM) have reached an impressive figure at approximately $30.3 billion year-to-date; representing a 39% increase compared to previous figures.

Flows by Provider and Asset

The BTC-related products collected a grand total of about $68.5 million worth of investments last week; claiming first place in the rankings for investments overall from investors last week . Short BTC followed as second with about 8.2 million dollars and Ethereum (ETH), and Solana (SOL) came third and fourth respectively with 700K and 500K dollars respectively . In terms of facilitators ProShares is ranked first after collecting 37.4 millions from investors last week , 3iQ and CoinShares Physical followed as second and third with 20.4 millions , 16 millions respectively .

Conclusion

This article has highlighted an impressive increase in investments into cryptocurrency funds within the past few weeks; With a whopping 76 Million USD being invested into various digital asset products during the past 7 days alone! This remarkable influx reflects increasing trust amongst investors who are turning to cryptocurrency as an emerging alternative asset class which offers numerous advantages such as decentralization, immutability, censorship resistance etc.. As such we can expect this trend to continue on in the near future as more people become aware of these benefits!

Sources

Zeynep Geylan · 9 hours ago · 1 min read News › Bitcoin · Ethereum › Investments Over $76M invested in crypto funds in past 7 daysAround 90%

• Bankrupt crypto lending firm BlockFi has been granted court permission to pay nearly $10 million in staff bonuses.
• The payments will be distributed to employees in three installments, with two tiers of payment.
• BlockFi initially justified its request by stating that its employees would likely be hired elsewhere due to aggressive competition.

BlockFi, a bankrupt crypto lending firm, has been granted court permission to pay nearly $10 million in staff bonuses, according to a filing dated Jan. 27. The firm, which currently retains around 125 employees, will distribute the payments in three installments with two tiers of payment. The first tier is set to pay employees 42.5% of their base salary amount while the second tier will pay 9% of their base salary amount.

The court filing did not state how many employees are eligible for the bonus, although BlockFi has stated that its employees would likely be hired elsewhere due to aggressive competition. The firm initially justified its request by arguing that its employees play a critical role in returning the company to profitability and that without the bonus, the firm would risk losing top talent.

The bonus payments are set to be completed within 12 months of court approval. The filing also notes that BlockFi has been „authorized, but not directed,“ to enact this employee retention program. The company has not confirmed whether or not it will choose to proceed with the bonus plan, but it is apparent that the firm is exploring all available options in order to remain competitive and return to profitability.

BlockFi’s financial situation has been precarious since the company’s bankruptcy filing in late 2020. The firm has been attempting to restructure its debt and has recently undertaken a series of strategic measures, such as the proposed bonus plan, to help reduce its financial burden.

It is unclear how the bonus payments will affect the company’s financial situation in the long term, but its clear that BlockFi is doing everything it can to remain competitive and return to profitability. The firm’s efforts to retain employees by offering bonuses is a testament to the importance of its staff and the value they bring to the company.

• Alethea AI and Polygon Labs are launching an AI-powered NFT project that allows users to create AI NFT avatars through text-based prompts.
• The project is called CharacterGPT and it claims to go “beyond traditional text-to-image engines” to generate fully interactive and intelligent AI characters with a single-line prompt in natural language.
• To launch the project, a digital version of Polygon co-founder, Sandeep Nailwal, was made into a 1/1 NFT AI Collectible modeled on his writings, public statements, and interviews.

Alethea AI and Polygon Labs have come together to launch an unprecedented AI-powered NFT project that will enable users to create AI NFT avatars through text-based prompts. CharacterGPT, created by Alethea AI, claims to go “beyond traditional text-to-image engines” to generate fully interactive and intelligent AI characters with a single-line prompt in natural language. The NFTs can be minted at mycharacter.ai via the Polygon dApp from Alethea AI.

To launch the project, a digital version of Polygon co-founder, Sandeep Nailwal, was made into a 1/1 NFT AI Collectible. This AI Collectible is modeled on his writings, public statements, and interviews, and the gold checkmark alongside it represents validation that the NFT was created with his permission. Alethea leverages “AI Protocol: a property rights and ownership layer for Generative AI” that is now live on Polygon.

Commenting on the project, Nailwal said that he has seen firsthand how Alethea AI has developed this technology over the last few years. He added that he is “truly excited to see this project come to life and to be part of it.” He also believes that the project has the potential to revolutionize the AI industry and bring “the power of creating and trading AI Characters to the masses.”

The project is a great example of how AI can be used to create NFTs that can be trained to respond like real people. It also highlights the potential of using AI to create characters that are lifelike, interactive, and intelligent. As the project progresses, it is likely to have a positive impact on the AI industry and bring more users to the world of NFTs.

• Bitcoin dominance has reached its highest level in six months at 41.5%.
• Ethereum dominance is also up and currently stands at 19.4%.
• The market cap for the entire crypto space sits at just under $1 trillion.

The crypto world has been abuzz as of late with Bitcoin (BTC) dominance reaching its highest level since July of 2022. According to data from Glassnode, the current BTC dominance is 41.5%, which is higher than the 40.1% seen in July of last year. This indicates that Bitcoin is currently leading the crypto market in terms of both price and market capitalization.

Ethereum (ETH) is also seeing a rise in its dominance, currently standing at 19.4%. This is an increase from the 15.7% seen in July of last year. This suggests that Ethereum is enjoying some success and is now considered the second-largest cryptocurrency by market capitalization.

The overall market capitalization of the entire crypto space is just under $1 trillion, which is a tremendous achievement for the industry. This shows that the crypto market is growing at a rapid rate and is now seen as a viable investment option by many investors.

The rise in both Bitcoin and Ethereum dominance is a positive sign for the crypto market. It shows that both BTC and ETH are popular assets that are being held by investors and traders. This is likely to continue as more people become aware of the potential of the crypto space and begin to invest in it.

In conclusion, Bitcoin and Ethereum dominance is on the rise and the entire crypto market is seeing a surge in market capitalization. This is a positive sign for the industry, as it indicates that the crypto space is continuing to grow and is now seen as a legitimate investment option by many investors. As the industry continues to develop and evolve, the future for cryptocurrency looks bright.

Hathor Network (HTR) foi uma revelação desde o início. Ele reúne um modelo de segurança comprovado por blockchain e a escalabilidade de transação do DAG, oferecendo recursos exclusivos, como transações rápidas e gratuitas, mineração combinada com Bitcoin, fácil tokenização e seus próximos recursos de Nano Contracts.

HOPR, uma das poucas usinas de tecnologia “voltadas para a comunidade”, é um protocolo de privacidade de camada zero que busca proteger a privacidade dos metadados do usuário

Os usuários HOPR podem executar nós de seus computadores ou usar um nó de piquetagem plug-and-play . Construir uma ampla rede e oferecer recompensas escaláveis ​​para operadoras de nós, com foco em garantir a privacidade de seus usuários, é algo raro no mercado de hoje.

Por que começar uma luta de peso pesado quando ambos têm tantos pontos de vista e ideologia em comum? Vamos nos preparar para subir de nível!

O cofundador e CEO da Hathor, Yan Martins, enfatizou as capacidades de processamento de transações, que eram atraentes para a HOPR não apenas por sua velocidade, mas também considerando os pesados ​​custos de gás com os quais todos lutamos atualmente.

HOPR opera sob a governança DAO. O projeto foi fundado por Sebastian Bürgel, um pioneiro do blockchain; Rik Krieger, membro da FinTech50 da Europa; e Robert Kiel, renomado especialista em criptografia. Da mesma forma, Hathor também tem uma sólida formação acadêmica, tendo nascido após o doutorado. tese de seu cofundador e diretor de tecnologia, Marcelo Brogliato.

HOPR e Hathor são joias ocultas que imediatamente se identificaram e planejaram unir forças, o que beneficiará os usuários do HTR recém-listado e do HOPR que será listado em breve

“Trazer privacidade de nível zero para as transações rápidas e escaláveis ​​de Hathor está preparando o ecossistema para a próxima onda de crescimento de indivíduos preocupados com a privacidade e privacidade de dados, corporações orientadas para conformidade.”

• Sebastian Bürgel, fundador da HOPR

“Estou muito impressionado com a solução de privacidade exclusiva da HOPR que trata de um problema que agora é mais relevante do que nunca. E o fato de que, como Hathor, eles são verdadeiramente descentralizados desde o dia zero me deixa ainda mais animado com esta colaboração. ”

• Yan Martins, cofundador e CEO da Hathor

Mais virão em Cointelegraph nas próximas entrevistas com fundadores, revisões de casos de uso, ângulos institucionais, combinados com análises técnicas e revisões completas.

Fique ligado, estamos apenas começando.