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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Barclays Analyst Predicts Billions in Additional Revenue From ‘Facebook Coin’ by 2021
Facebook’s own cryptocurrency, if launched, could potentially generate $19 billion in additional revenue by 2021, CNBC reports on March 11.Barclays internet analyst Ross Sandler wrote in a client note that a cryptocurrency could establish a new revenue stream for Facebook, aiding its share price that tanked amid a series of high-profile scandals last year.In his…

‘No fucking way’ — Joe Rogan, Post Malone slam US government CBDC
CBDCs have turned out to be a popular talking point among the American public, garnering takes from comedians, rappers and presidential candidates alike. 92 Total views 1 Total shares Podcaster and commentator Joe Rogan has blasted the idea of a United States central bank digital currency (CBDC), describing a digital dollar as a “game over”…

Bitget CEO slams Hyperliquid’s handling of “suspicious” incident involving JELLY token
Gracy Chen, CEO of cryptocurrency exchange Bitget, criticized Hyperliquid’s handling of a March 26 incident on its perpetual exchange, saying it put the network at risk of becoming “FTX 2.0.” On March 26, Hyperliquid, a blockchain network specializing in trading, said it delisted perpetual futures contracts for the JELLY token and would reimburse users after

Congressman McHenry announces joint hearings to address market structure around digital assets
Patrick McHenry, the Chairman of the House Financial Services Committee, has announced a series of joint hearings in May that will focus on addressing the market structure around digital assets in the U.S.The move was revealed via a joint announcement on April 27 from Congressman McHenry, Glenn Thompson, Chairman of the House Agriculture Committee, French…

CFTC charges crypto futures trading platform for failure to register in the US
The CFTC is looking to make an unregistered foreign platform pay back U.S. investors in its crypto futures, suggesting expanding jurisdictions. 2442 Total views 26 Total shares On Monday, the Commodity Futures Trading Commission filed charges against Laino Group for soliciting U.S. investors to trade in futures on commodities including Ether, Litecoin and Bitcoin without…

Crypto News From the Spanish-Speaking World: Oct. 21–27 in Review
The Spanish-speaking world has seen major cryptocurrency and blockchain developments with a former Bolivian intelligence director claiming that Venezuela is full of secret crypto mining farms, extortionists who request Bitcoin (BTC) finding their way into Spain, and the Fintech Alliance of Latin America preparing a white paper on digital identity.Here is the past week of…

Christie’s to sell its first non-fungible-token as part of epic Bitcoin artwork
Art historian-turned-blockchain artist Robert Alice believes that the Bitcoin codebase is a culturally and politically significant piece of 21 century history. Christie’s is set to sell its first nonfungible token in an upcoming auction of what has been characterized as “the largest artwork” in the history of Bitcoin (BTC).Art historian turned blockchain artist Robert Alice…

Sichuan Rainy Season to Give Bitcoin Hash Rate a Much Needed Jolt
The post-halving reality of Bitcoin’s network may soon change shape, some industry insiders argue. The reason is quite simple, and, surprisingly, it has nothing to do with crypto itself: The wet season has arrived in Sichuan, a southwest China province known as one of the hottest spots for Bitcoin (BTC) mining. The rain in Sichuan is…