Bitcoin Bulls Defend $7,450 But Need Progress Soon

WisdomTree, one of the ten issuers of spot bitcoin exchange-traded funds (ETFs), expects its product to be more successful towards the second half of the year thanks to adoption by financial adviser platforms.Speaking during an interview with CoinDesk TV, WisdomTree’s (WETF) head of digital assets, Will Peck said that the fund manager’s WisdomTree Bitcoin Fund

Crypto whales, or large investors, have accumulated $3 billion worth of bitcoin (BTC) this month, according to data tracked by onchain analytics firm IntoTheBlock.The amount of bitcoin held in wallets owning over 1,000 BTC has increased by roughly 76,000 BTC to nearly 7.8 million BTC.The leading cryptocurrency began the month positively, tapping highs above $48,900

Cryptocurrency lender BlockFi misled investors, cut corners and bet big on FTX even after seeing a secret balance sheet that revealed fundamental flaws in Sam Bankman-Fried’s empire, BlockFi creditors said.The company’s Committee of Unsecured Creditors, representing customers owed money after its November bankruptcy, are arguing the company should be liquidated right away without further costly…

Mar 17, 2020 at 19:00 UTCUpdated Mar 17, 2020 at 19:07 UTCIn the wake of U.S. President Donald Trump’s promise to “go big” on stimulus, where does bitcoin (BTC) and its safe-haven narrative stand? For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts,…

Robinhood (HOOD) saw first quarter notional crypto trading volume of $36 billion, up 224% from year-ago levels.That led to a 232% increase in crypto-related a revenue to $126 million, a primary factor, said the company, in driving overall first quarter transaction-based revenue up 59% year-over-year to $329 million.20:00What Happens if ETH Is Deemed a Security?02:13Binance

Bitso will use Coincover’s non-custodial disaster recovery service. Latin America has the highest preference for centralized exchanges amongst crypto users in the world, becoming targets for hacks and scams, Coincover said. 00:45 Aptos Is Not a Security: Anchorage General Counsel 07:20 Telegram Users Can Now Send Crypto to Each Other via Wallet Bot: Report 01:14

Australian actress Margot Robbie, star of the breakout summer blockbuster “Barbie,” called Bitcoin a "Ken thing," in a playful remark directed at her husband this week. It got me thinking: Barbie would have been a fan of Bitcoin.After all, Barbie's legacy of autonomy, entrepreneurship and empowerment aligns precisely with the principles of Bitcoin.Aubrey Strobel is…

ABN AMRO, one of the largest banks in the Netherlands, has launched a blockchain pilot aimed to bring new efficiencies to container-based international trade. For the project, the bank has partnered with Samsung SDS, the logistics and IT arm of consumer tech giant Samsung, and the Port of Rotterdam, according to a press release dated Oct. 19.…

Aug 24, 2020 at 14:00 UTCThe Federal Reserve Bank of Boston is one of 12 regional Federal Reserve banks in the U.S., and is evaluating more than 30 blockchain platforms for a possible future central bank digital currency. (Beland/Wikimedia Commons)Boston Fed Is Looking at ’30 to 40′ Blockchain Networks for Digital Dollar ExperimentsThe Federal Reserve…