Bitcoin ETFs have 4-8X more BTC price influence than miners — Research
Bitcoin miners’ “market influence” pales in comparison to the ETFs and exchanges when it comes to BTC price pressure, says Glassnode.
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JPMorgan moves into deposit tokens for settlements: Report
JPMorgan is reportedly developing the infrastructure to run a new deposit token, allowing settlements between banks for corporate clients. 420 Total views 3 Total shares Financial giant JPMorgan is making another move into the crypto space with a new blockchain-based solution for cross-border transactions, reveals a report by Bloomberg. The system, however, won't be available

Golem Releases New Golem Version Focusing on Developers
More updates should be coming your way. Decentralized computing power-sharing network Golem released a new version of its network.Golem announced the alpha release of the new Golem network, which focuses on easing application development.“As we have been mentioning in our communications over the last few months, we have made use of all the experience we…

Crypto.com moves forward with multimillion-dollar renovation of Staples Center following staff cuts
"Brave of them... maybe fortune favor them," said one Redditor in response to an artist's rendering of the renovations. 238 Total views 5 Total shares Despite announcing it would cut its staff by roughly 5% in June and the recent market downturn, cryptocurrency exchange Crypto.com has continued to move forward with an agreement to rebrand…

Top 5 cryptocurrencies to watch this week: BTC, ADA, AXS, LINK, FTT
Bitcoin (BTC) is attempting to notch its second successive weekly gains and end at the highest weekly closing price year-to-date. According to on-chain data from Glassnode, the recovery in Bitcoin’s price was driven by demand in the spot markets. This is likely to cheer the bulls because history suggests that spot market demand leads to…

Hawaii Introduces Bill Authorizing Banks to Offer Crypto Custody
The Hawaii State Senate has passed the first reading of a bill authorizing banks to hold digital assets in their custody.The bill was introduced on Jan. 17 by five state senators, including the only Republican member of the Senate, Kurt Fevella. It passed the first reading on Jan. 21 and was then referred to the…

Israel’s Central Bank Issues Request for Information on DLT
A team that includes representatives from the Bank of Israel has issued a formal request for information about Distributed Ledger Technology (DLT), published on its website Dec. 18.The request — the goal of which is, as per the title, the “Regulatory Coordination of Virtual Assets”— states that “the regulators of the Israeli financial system believe…

Ledger launches NFT-focused hardware wallet Nano S Plus
The new Ledger Nano S Plus is the sixth hardware wallet produced by Ledger since the firm introduced its first wallet HW1 back in 2015. 473 Total views 7 Total shares Ledger, a major supplier of hardware wallets designed for secure storage of cryptocurrencies like Bitcoin (BTC), is launching a brand new wallet specializing in…

China Telecom: Blockchain Has Significant Use-Cases for 5G
In a recent interview, China Telecom chairman said that blockchain has high-potential use cases to enhance 5G network services. Jiang Wei, the chairman of China Telecom Blockchain and Digital Economy Joint Laboratory, explained in an interview published on Chinese news portal, Cebnet, that blockchain technology has significant use cases that could improve the 5G mobile…