Bitcoin headed for ‘perfect storm’ to new all-time high — Bitfinex

Bitcoin investment funds are seeing positive inflows while Ether funds continue to be drained, according to industry data. 662 Total views 13 Total shares Digital asset investment products registered positive inflows last week, though the gains were mainly concentrated in Bitcoin (BTC) funds, signaling a more cautious approach to crypto allocation on the part of…

Pundits and crypto analysts love to issue Bitcoin (BTC) price predictions regardless of how volatile the asset class is. In 2017, there were calls for BTC’s price to hit $35,000–$50,000, and of course, a few brave souls predicted that the price would top $1 million before correcting. No one will forget how John McAfee infamously promised…

Sweden is examining risks and consequences of moving its economy to its e-krona digital currency. 3996 Total views 6 Total shares The Swedish government is progressing with its central bank digital currency, or CBDC, by launching a formal review of a potential transition to the digital currency.According to a Dec. 11 Bloomberg report, the review…

Kalin Metodiev, the co-founder and managing partner of crypto lender Nexo stated his firm was “surprised” by the way in which eight state regulators publicly took action against it for securities violations.Earlier this week the California Department of Financial Protection & Innovation (DFPI) filed a desist and refrain order against Nexo’s Earn Interest Product, claiming…

Coinbase has joined Andreessen Horowitz and Ripple in donating $25 million to the crypto-focused super PAC ahead of the United States elections.

Inflows to crypto investment funds top $130 million, and 13F filings reveal new institutional investors’ spot BTC ETF positions.

The new guidelines from the Federal Reserve hold a prospect of “the most stringent review” for non-federally insured institutions. 214 Total views 12 Total shares Last week, the United States Federal Reserve Board turned its eye to banks and crypto, making (or promising to make) several clarifications, one of them pretty long-awaited. It announced that…

DNP3, a streamer and founder of several crypto projects like The charity-focused crypto CluCoin, The Goobers NFT and the metaverse platform Gridcraft Network has admitted to losing investor funds through gambling. In a tweet, the nonfungible token (NFT) project founder talked about his gambling addiction and issued a public apology. — DNP3 (@DNPthree) January 3, 2023…