Allo secures $100M Bitcoin-backed credit facility
The Bitcoin-tied credit line was funded by a consortium of lenders, including Greengage and a “long-standing” US institution.
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CME Bitcoin futures show investors betting on $40K BTC price
The demand for institutional investors for Bitcoin (BTC) became evident on Nov. 10 as the Chicago Mercantile Exchange (CME) Bitcoin futures flipped Binance's BTC futures markets in terms of size. According to BTC derivatives metrics, those investors are showing strong confidence in Bitcoin's potential to break above the $40,000 mark in the short term.CME Bitcoin

Michael Saylor says Bitcoin Mining Council required to combat ‘hostile’ narrative
Michael Saylor has provided more context on the Mining Council, and hopes to combat the anti-crypto narrative with greater Bitcoin mining transparency. 4394 Total views 4 Total shares MicroStrategy CEO, Michael Saylor has explained the details and thinking behind the formation of the Bitcoin Mining Council.The council was formed on May 25 after Saylor brokered…

Crypto-Sec: Evolve Bank suffers data breach, Turbo Toad enthusiast loses $3.6K
This week’s cybersecurity news from around the crypto space covers bug fixes, phishing scams, crypto exchange hacks and more.

Ripple’s Fundraising Arm Xpring Invests in XRP Community Developer’s Lab
Ripple’s fundraising arm Xpring has invested in XRPL Labs — a startup that develops applications for the XRP ledger, the company announced in a blog post on Feb. 13.Xpring’s director Vanessa Pestritto has announced that Wietse Wind — a long-time XRP community developer and one of the three XRPL Labs co-founders — is a “proven…

Blockchain industry raises concern over EC’s proposed crypto regulations
Backed by players like Ripple and ConsenSys, the INATBA association responds to the EC’s legislative proposals on crypto. Major players in the global cryptocurrency community have addressed the European Commission’s new legislative proposals on digital assets. The International Association for Trusted Blockchain Applications, or INATBA, has released an initial response to the Markets in Crypto-Assets…

Bitcoin price heads above $23.5K after highest EU inflation in history
Bitcoin (BTC) shifted higher on Aug. 18 as the latest data confirmed the European Union’s highest ever inflation.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewSupport and resistance close in on BTC spot priceData from Cointelegraph Markets Pro and TradingView showed BTC/USD passing $23,500 at the time of writing, having preserved $23,000 as support overnight.Concerns over a…

Blockchain Hits Top 10 Future Skills in LinkedIn Asia Pacific Report
Blockchain is one of the top ten most important employee skills in the Asia Pacific region, a new report from professional social network LinkedIn confirmed in June.A regular feature on the network, the 2019 APAC version of “The Future of Skills” lists blockchain among the most sought-after abilities workers will need in the coming years.Specifically,…

Brave Browser Brings Binance Integration to All Desktop Users
The Binance widget was previously only available for the Brave Nightly and Beta versions. 1853 Total views 39 Total shares Privacy-focused web browser Brave has integrated the Binance widget into the latest stable release across all of its desktop offerings. An announcement on April 30 notes that the widget is enabled by default, placing the Binance…