Bitcoin ETFs hit by record $671.9M outflows in 1 day

Bobby Lee “blames” his brother Charlie — the founder of Litecoin — for causing the 2017/2018 Bitcoin price crash.He’s joking of course. Sort of.Charlie famously sold the last tranche of his Litecoin holdings in December 2017 for $350 each.Bobby remembers seeing the news hit Twitter. “I was like, gosh, that probably marks the peak,” he…

The European Union is doubling down on its commitment to block the launch of Facebook’s Libra should it deem the project to present “unmanageable or excessive risks.”A draft document to be discussed at a meeting of E.U. finance ministers this Friday states that “all options should be on the table” — including impeding the stablecoin’s…

Genesis has introduced a trading method allowing institutional investors to trade Bitcoin futures contracts based on their end-of-day closing price. 925 Total views 10 Total shares Cryptocurrency brokerage firm Genesis Global Capital has announced the completion of a first-of-a-kind trade that will pave the way for new institutional crypto futures products.Genesis has executed the first-ever…

The head of Sweden’s Riksbank has characterized Facebook’s Libra project as “an incredibly important catalytic event” that is spurring the world’s central banks to ready themselves for digital transformation.In an interview with CNBC’s Squawk Box Europe on Oct. 15, Riksbank Governor Stefan Ingves said:“It has been an incredibly important catalytic event to sort of shake…

Integration with payment processor Simplex means Opera browser users now have another route from fiat into crypto. 1766 Total views 17 Total shares Users of the Opera browser will now be able to purchase cryptocurrencies from directly within the web application following a partnership with Simplex. Founded in 2014, Simplex is an European Union-licensed fintech…

Bitcoin (BTC) stayed stubbornly anti-trend on Aug. 22 as $26,000 became a magnet for intraday BTC price action.BTC/USD 1-hour chart. Source: TradingViewBTC price “death chop” returnsData from Cointelegraph Markets Pro and TradingView tracked a third day of sideways performance for BTC/USD.Despite being heavily oversold, according to relative strength index (RSI) readings, Bitcoin refused to offer…

Crypto users have continued to send funds to the apparent honeypot scam, even with many warnings they won’t be able to transfer any of it.

Decentralized liquidity network Bancor announced it had completed its partnership with EOS to provide cross-blockchain token swaps in a press release shared with Cointelegraph Nov. 5.Originally announced in September, Bancor has now expanded to the EOS blockchain, using its decentralized application (DApp) BancorX to allow users to convert between Ethereum and EOS-based tokens, without exchanges.The move…

A snapshot motion issued by the PancakeSwap team received over 11 million CAKE votes since commencement, with the majority of participants favoring the v2 evolution. PancakeSwap, the decentralized finance (DeFi) application built on Binance Smart Chain, synonymous with its automated market maker service and its quirky branding style, has released a governance proposal for the…