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BREAKING: Coinbase Announces the Listing of a New Altcoin

According to the latest development, cryptocurrency exchange Coinbase has decided to list the Venice Token (VVV) token on the spot market. The altcoin, which was launched on the Base network owned by Coinbase, may have played a role in its network preference listing. The token is not yet traded on the market and will be airdropped to users shortly. Launched in May 2024, the platform provides decentralized access to open-source AI models to generate text, images, and code via web and mobile applications, with no downloads or accounts required for basic use. Venice stores conversations only in local browsers and processes them through decentralized GPUs, encrypting data in transit. Related News: Analytics Firm Reveals - Whales Crush Retail Investors in These 11 Altcoins, Showing Ultra Interest Venice has created 100 million VVV tokens, 50% of which are allocated to Venice users and cryptocurrencies. The remaining tokens are allocated to Venice’s treasury, team, and liquidity pools. Users can stake VVV tokens to gain continuous access to Venice’s API capacity, with 1% of staked tokens granting access to 1% of the platform’s API capacity. distributed to the community via airdrop. *This is not investment advice. Continue Reading: BREAKING: Coinbase Announces the Listing of a New Altcoin CoinOtag

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President Trump’s Executive Orders Build Confidence With Institutional Crypto Investors: CoinShares

Crypto asset manager CoinShares says institutional investors poured billions into digital asset investment vehicles last week following Trump’s executive orders directed at the industry. In its latest Digital Asset Fund Flows report , CoinShares says that institutional crypto investment vehicles raked in nearly $2 billion last week alone. “Digital asset investment products saw inflows totaling US$1.9bn last week bringing year-to-date (YTD) inflows to US$4.8bn — likely as a result of recent presidential executive orders that proposed the initiation of a strategic reserve asset in Bitcoin. Despite the relatively flat price action last week, trading volumes were high at US$25bn for the week, comprising 37% of all trading volumes on trusted crypto exchanges.” Source: CoinShares The United States regionally led international inflows, raking in $1.7 billion of the $1.9 billion in inflows. Canada, Switzerland and Germany provided $31 million, $35 million, and $23 million, respectively. Bitcoin ( BTC ), per usual, snatched up the lion’s share of inflows. “Bitcoin saw inflows totaling US$1.6bn, bringing YTD inflows to US$4.4bn, accounting for 92% of all inflows in the digital asset sector. Following Bitcoin’s pre-inauguration new all-time highs last week, it was no surprise to see short-Bitcoin ETFs regain traction, with inflows of US$5.1 million.” Ethereum ( ETH ) led altcoins with $205 million in inflows, bringing YTD ETH inflows to $177 million. With the exception of Cardano ( ADA ), no crypto institutional investment products suffered outflows last week. Don`t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Featured Image: Shutterstock/Oliver Denker/Sensvector The post President Trump’s Executive Orders Build Confidence With Institutional Crypto Investors: CoinShares appeared first on The Daily Hodl . CoinOtag