Bitcoin fund inflows offset largest SOL outflows on record: CoinShares

Friday, Nov. 23: Crypto markets are facing another significant decline today, with Bitcoin (BTC) seeing another yearly low, and Bitcoin Cash (BCH) dropping almost 50 percent over the past 7 days, according to data from CoinMarketCap.The major 20 cryptocurrencies by market cap are all red this Black Friday, with some altcoins losing more than 10…

The country saw a great influx of miners this year, but it might have to sacrifice the immense tax revenue from Bitcoin miners if power grid issues are not resolved. 251 Total views 26 Total shares The exodus of Bitcoin miners from China into Kazakhstan has contributed to an energy crunch that the central Asian…

Within the last hour Bitcoin price dropped below $4,000 after abruptly plummeting 11.24% to a new yearly low at $3,782. The sharp downside move seems short lived as the price quickly rebounded to $5,260.BTC USDT 1-hour chart. Source: TradingViewOn the 1-hour timeframe traders will notice that a strong oversold bounce took place after the relative…

Blockchain software development BlockStream announced that its mobile wallet, Green Wallet, now supports the firm’s Liquid Network sidechain in a blog post published on July 5.Per the announcement, users of the wallet can now store, send and receive Liquid Bitcoin (L-BTC) and Issued Assets on the Liquid sidechain. The Liquid Network project, first discussed in…

China’s central bank, the People’s Bank of China (PBoC), has widened its scrutiny to include token airdrops, which it characterized as “disguised” Initial Coin Offerings (ICOs) in its 2018 financial stability report, published Nov. 2.Using by now familiar rhetoric, the report reiterates the bank’s stringently anti-ICO and crypto trading stance, defining the former as “illegal”…

Revolution Populi, a social network led by David Gelernter — a futurist and a distributed computing pioneer — is integrating Chainlink data oracles.Revolution Populi is trying to displace Facebook by creating a social network where users can post and share information about their lives, “but advertisers pay them, not Facebook.” The network is just the first of many…

The expansion of sanctions follows the commission announcing in February that it would be removing several Russian banks from the SWIFT cross-border payment network. 185 Total views 31 Total shares The European Commission has clarified that crypto assets will fall under additional sanctions targeted against Russia and Belarus in response to the military conflict in…

Institutional investors are paying close attention to digital assets as Bitcoin (BTC) continues to soar past record-breaking levels, almost reaching the valuation of $24,000 for the first time in its history.Recent findings from a Bank of America–Merrill Lynch survey conducted between Dec. 4 and 10 show that about 15% of fund managers with $534 billion…