Search
Grayscale Ethereum Trust ETF hits historic net outflow of $1.5B
27.7.2024
Based on the present rate of outflows, ETHE's ether reserves may be exhausted in a relatively short timeframe, potentially within weeks
Philippines Plans to Introduce Wholesale CBDC by 2029
27.7.2024
Bangko Sentral ng Pilipinas (BSP) plans to introduce its wholesale central bank digital currency (CBDC) by 2029. The Philippine central bank’s CBDC initiative is near its proof-of-concept completion. “This is an innovative payment instrument,” said the BSP deputy governor....
Fintech Company Tecban Pilots Tokenization Platform for Brazil’s Drex CBDC
27.7.2024
Tecban, a fintech that provides interconnection technology for banks, has launched a tokenization and associated services platform called Nexchain. This platform facilitates the process of placing assets on the blockchain for third parties as part of the Drex pilot. The platform will be launched...
Russia Advances Cryptocurrency Mining Bill
27.7.2024
Russia’s State Duma has advanced a bill to regulate cryptocurrency mining, aiming to curb illegal activities and promote investment and employment. Proposed by the chairman of the Duma Committee on Financial Markets and supported by key deputies, the bill mandates strict guidelines...
Bitcoin Investors Won’t Sell BTC Even if Price Drops to $3K, Peter Schiff’s Poll Shows
27.7.2024
Gold advocate Peter Schiff has conducted two polls regarding bitcoin’s value and investors’ actions if the crypto’s price falls significantly. Despite his consistent criticism of bitcoin, the majority of respondents expressed strong commitment to holding their BTC even if...
Michael Saylor: US Government Should Own Majority of Bitcoin in the World
27.7.2024
Michael Saylor, executive chairman of Microstrategy, believes the U.S. government should hold the majority of the world’s bitcoin, arguing this would strengthen the U.S. dollar. Drawing parallels to historic acquisitions, he views bitcoin as a critical asset for the future. Saylor...
RFK Jr. promises BTC strategic reserve, dollar backed by hard assets
27.7.2024
The presidential hopeful gave Bitcoin eloquent praise as a future support for the US economy and way to fix broken American money and society
Salvadoran Basic Goods Basket Rose to Historic Highs in June
26.7.2024
The price of the Salvadoran basic goods basket, a group of foods and vegetables considered essential, rose to all-time high levels in June. The increase was pushed due to the price hikes in vegetables, going over the $260 barrier and reaching $262.17. President Bukele recently expanded the action...
July Week-5 Crypto Outlook: BTC, ETH, & SOL on the Radar
26.7.2024
Recent events have drawn attention to the cryptocurrency markets like never before. As the drama continues to grow, our beloved crypto Bitcoin, Ethereum, and Solana continue to react. Amid the volatile US political landscape and the market moving in a channel waiting for a breakout, the crypto...
Galaxy launches $113M crypto fund, Nansen launches Ether ETF dashboard: Finance Redefined
26.7.2024
Galaxy launched a $113 million crypto fund on the week of the debut of the first spot Ether ETFs in the US. Nansen has also launched the industry’s first Ether ETF analytics dashboard
Report: Kamala Harris Team’s Crypto Outreach, Pro-Crypto Stance in Horizon?
26.7.2024
The U.S. Presidential elections have turned into a drama series with new plot twists every week, and somehow, crypto seems to be at the center of all the drama. Earlier today, Barrack and Michelle Obama officially endorsed Kamala Harris for POTUS. This has become a crypto election with the likes...
US Bitcoin ETFs Report $31.16M Inflows on Thursday
26.7.2024
Based on Thursday’s data, the 11 U.S. spot bitcoin exchange-traded funds (ETFs) experienced another day of net inflows following Wednesday’s increases. Statistics indicate that $31.16 million was absorbed primarily by Blackrock’s IBIT, although the amount would have been higher...
Exclusive: Franklin Templeton mulls bringing RWAs to Ethereum, user-managed wallets
26.7.2024
The asset manager is considering expanding tokenized securities to Ethereum mainnet and other EVMs, its digital assets head told Cointelegraph
Bitcoin Peaks at $67,991 Ahead of Trump’s Bitcoin Conference Appearance
26.7.2024
Before former President Donald Trump’s appearance at the Bitcoin 2024 conference in Nashville, the price of bitcoin (BTC) climbed to an intraday peak of $67,991 per unit. This increase led to the liquidation of approximately $55.21 million in bitcoin short positions, out of a total of $79.10...
US Ethereum ETFs See Continued Outflows Led by Grayscale’s ETHE
26.7.2024
On Thursday, U.S. spot ethereum exchange-traded funds (ETFs) experienced another day of net outflows following Grayscale’s Ethereum Trust (ETHE) outpacing gains observed by other funds. According to sosovalue.xyz, the nine ETFs saw $152.3 million exit during Thursday’s trading...
bitFlyer Acquires FTX Japan, Plans New Crypto Business
26.7.2024
According to a tweet, bitFlyer Holdings has completed its acquisition of the defunct crypto exchange FTX’s Japan arm. bitFlyer Holdingsは本日、FTX Japanの発行済株式100％の取得を完了しましたのでお知らせいたします。 これによりFTX Japanは当社の完全子会社となりました。 今後は8/26までに社名を変更し、新たにクリプトカストディ事業を展開する予定です。詳しくはこちら。https://t.co/Ks1aexAFLm...
Over 75% of Bitcoin short-term holders in profit as BTC breaches $67K
26.7.2024
Bitcoin price is finally seeing some relief, but it faces significant resistance at the $68,000 mark, which would trigger over $700 million worth of short liquidations
Binance Completes Render Token Swap & Rebranding
26.7.2024
The largest crypto exchange, Binance, has completed the Render (RNDR) token swap and rebranded to Render (RENDER). This is part of Binance’s ongoing efforts to streamline and improve its token offerings. According to official reports, “Deposits and withdrawals for the new RENDER tokens...
Coinbase and Glassnode Report Highlights a Stabilizing Crypto Market
26.7.2024
A recent joint report by Coinbase Institutional and the onchain analytics firm Glassnode reveals a maturing and stabilizing cryptocurrency market despite recent price corrections. The analysis highlights robust trading volumes, increasing onchain activity, and significant progress in regulatory...
US Department of State Highlights Bitcoin’s Significance for Tourism in El Salvador
26.7.2024
The U.S. Department of State has highlighted the relevance of recognizing bitcoin as a legal tender for the rebirth of tourism in El Salvador. In a recently released investment climate report, the department states that this factor has given significant publicity to El Salvador, contributing to...