3 reasons why Ethereum is stuck below $3,900
Factors include uncertainty in the spot Ethereum ETF launch, high ETF futures open interest, and stagnant Ethereum network usage.
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Huobi Indonesia Launches Trading Between Indonesian Rupiah and Tether
Cryptocurrency exchange Huobi is launching a fiat gateway in Indonesia to enable fiat-to-crypto trading between the Indonesian Rupiah (IDR) and Tether (USDT).In a Dec. 27 press release, the Huobi Group announced that the launch of the new fiat-currency gateway will make it possible for Indonesian investors to utilize the IDR to trade more than 250…

How Chainflip is shaking up native cryptocurrency exchange
In March 2020, Simon Harman and the team at Oxen (formerly known as LOKI) found themselves in a tight spot. It was the start of the global pandemic, and they were running out of funding, having worked to build products for three years during a bear market. To top it all off, Bitcoin’s value had…

Crypto Custodian Copper Raised $8 Million for Expansion
Cryptocurrencies have always faced challenges when it comes to reducing risk and making themselves regulatory compliant for traditional investors. Providing custody for Bitcoin and others is becoming increasingly more complex due to the nature of crypto: whoever has control of the asset, owns the asset. While users typically had to store their own BTC private…

Indian central bank clarifies regulations as local banks shun crypto
Banks like HDFC and the State Bank of India reportedly cautioned customers against crypto, citing the RBI’s quashed crypto circular. 2844 Total views 8 Total shares India’s central bank has issued an official notice regarding the fact that local banks are reportedly cautioning customers against using cryptocurrencies like Bitcoin (BTC).Published Monday, the notice points out…

BlackRock Bitcoin ETF breaks $30B; US ETFs set to hit 1M BTC holdings
Continued ETF inflows could help push Bitcoin to an all-time high, which the asset came within $200 of on Oct. 29.

Bitcoin On-Chain Data Suggests Current Price Range Is a Buy
Recent events surrounding the rapid spread of COVID-19 to nearly every country on Earth and major markets reaction to the phenomena have crypto investors scratching their heads in bewilderment as the sector has never endured a global financial markets meltdown. The fact that Bitcoin (BTC) was born from a financial crisis but has yet to experience…

‘We’ve decided Bitcoin is scarce, it’s valuable’ for US strategic reserve — David Sacks
White House crypto czar David Sacks has further elaborated on the US government’s decision to treat Bitcoin as a special reserve asset, calling it a “scarce” digital resource that could benefit the country over the long term. In a March 7 interview with Bloomberg Technology, Sacks said, “We’ve decided that Bitcoin is scarce, it’s valuable

Bitcoin Life Lesson: User Claims Forgetting ‘Brain Wallet’ Worth $13M
A Bitcoin (BTC) investor has allegedly lost access to funds worth over $12.9 million after failing to record the passphrase for their wallet. In what may become the latest timely lesson for the wider Bitcoin user base, Reddit account u/lumanubrecon claimed that as of Nov. 26, their balance of 1,800 BTC was out of reach.Brain wallet…