Bitcoin dominance risks breaking 18-month uptrend on Ether ETF launch

CSOP’s new inverse Bitcoin ETF aims to profit from BTC price declines following their successful 2022 launch of the firm’s Bitcoin Futures ETF.

The Indian subsidiary of major global banking and financial services firm HSBC and India’s holding giant Reliance Industries (RIL) have completed a blockchain-enabled trade finance transaction, Indian business newspaper The Hindu Business Line reports Sunday, Nov. 4.The blockchain-powered letter of credit (LoC) transaction, reportedly the first of its kind in India, involved export by RIL…

A new study has revealed that, while businesses are considering blockchain adoption, overall they do not feel ready to implement the technology. The survey was conducted by software development firm Globant and published on Feb. 19.The report says that 64 percent of organizations are intent on investing in blockchain solutions to improve their internal operations,…

United States Securities and Exchange Commission (SEC) chairman Jay Clayton has said this week that he is “optimistic” that developments in distributed ledger technology (DLT) can “help facilitate capital formation.”Speaking as part of a testimony before the U.S. Senate Committee on Banking, Housing, and Urban Affairs — published on the SEC website Dec. 11 —…

OKCoin says recent U.S. regulatory clarity on digital asset custody is significant for big money players. 585 Total views 9 Total shares Recent digital asset custody clarity from the U.S. Office of the Comptroller of the Currency, or OCC, will likely affect institutional investors more, according to OKCoin CEO Hong Fang."The biggest impact will potentially…

Bitcoin’s (BTC) problems are only solvable by departing from a proof-of-work (PoW) system, according to research published by the Bank for International Settlement (BIS) on Jan. 21.According to the paper, when in the future Bitcoin’s block rewards fall to zero — given that only a limited number of new Bitcoin will ever be created —…

The biggest winners on June 12 were TeraWulf, Hut 8 Mining and Core Scientific.

The U.K. government is under pressure to increase AI oversight following a House of Lords report highlighting the need for stricter regulations for AI standards.

Bitcoin.org previously fell victim to a DDoS attack in July, with hackers demanding a Bitcoin ransom. Bitcoin.org, one of the first websites about Bitcoin (BTC), has been hacked by online scammers and down as of the time of writing. Cobra, Bitcoin.org’s anonymous curator, announced on Sept. 23 that Bitcoin.org was compromised, with hackers managing to put up…