Bitcoin ETFs could soon cross 1M BTC as traders expect November tailwinds
Spot Bitcoin ETFs will need to make an average of $301 million in net inflows per day to get it done this week.
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Crypto asset investment in Latvia declines by 50% over past year, per central bank
According to Latvijas Banka, 4% of the population bought crypto assets in February, down from 8% in 2022, while payments “continue to prevail.” 195 Total views 1 Total shares The number of people buying crypto assets in Latvia is declining, Latvijas Banka said in its 2023 “Financial Stability Report."The central bank attributed the falling interest…

Brace for BTC price volatility? Bitcoin ‘coin days destroyed’ metric jumps to 2-month highs
A large transfer of Bitcoin associated with U.S. law enforcement likely caused a spike in the on-chain metric. 650 Total views 3 Total shares Own this piece of history Collect this article as an NFTOn March 8, the U.S. government moved 49,000 Bitcoin worth $1 billion seized from the Silk Road. The transfer was accompanied…

US Senators Warn Three Libra Backers of Membership Risks
Three backers thought to be reconsidering their involvement in Facebook’s digital currency Libra have received warnings from the United States politicians over their participation.Senate letter: Facebook’s problems are your problemsAccording to a Bloomberg article published on Oct. 9, a letter to Visa, Mastercard and Stripe was sent by two U.S. senators. In it, they are reportedly pressuring the…

Price Analysis April 3: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, LEO
On April 2 the U.S. Labor Department reported that the U.S. weekly jobless claims skyrocketed to 6.6 million. In the previous week, the claims stood at 3.3 million, meaning over the past two weeks the number of laid off American workers seeking unemployment benefits has reached 10 million. If the numbers continue to grow, the…

ECB should have DLT wholesale settlements when the market wants it, official says
Executive board member Fabio Panetta says it would undermine financial stability if the ECB were unprepared to use distributed ledge technology, but that’s the best he can say for it. 171 Total views 9 Total shares The European Central Bank (ECB) needs a wholesale central bank digital currency (CBDC) because market players expect it, ECB…

MiCA can attract more crypto investment despite overregulation concerns
European retail investors will likely feel the biggest effect of the MiCA regulations through more stringent data collection and the potential introduction of crypto taxation laws.

DeFi vulnerability leading to $6.7M exploit ‘not detected’ by auditors
The project was previously audited by Trail of Bits and Hats Finance. 165 Total views 1 Total shares Decentralized U.S. dollar stablecoin protocol Raft claims that despite multiple security audits, the firm still suffered a security exploit leading to the loss of $6.7 million last week.According to the project's Nov. 13 post-mortem report, a few

Crypto tax deters 83% Indian investors from crypto trading: WaxirX report
With two consecutive taxes ready to eat away at their holdings, most Indian investors have seemed to have opted for hibernation amid an unforgiving bear market. 94 Total views 3 Total shares The implications of what anti-crypto regulations can do to a thriving economy can be seen first-hand unfolding in India. Supporting the massive decline…