Bitcoin investors exit spot ETFs at near-record levels as BTC slumps 2.3%

On Dec. 11, a total of $540 million in Bitcoin (BTC) options open interest is set to expire. This number mimics the past month's $525 million options expiry, as monthly and quarterly options typically concentrate the most volume. Although both dates present somewhat unusual activity, this time around, bears seem in control. Data also shows that…

A former Chinese official says the development of a digital currency will lay the foundation for the birth of digital stocks. 291 Total views 3 Total shares Xiao Gang, the former chair of the China Securities Regulatory Commission, says in his latest book on China capital market reforms that the development of a central bank…

Crypto wallet provider Blockchain.com is seeking to partner with an unnamed stablecoin project by the end of 2019, the firm’s CEO Peter Smith revealed in an interview with crypto news agency The Block Jan. 21.Blockchain.com, which reportedly provides 32 million wallets, with most of them active to date, is allegedly considering listing a stablecoin on…

Bloomberg analyst Mike McGlone describes Bitcoin halving as a “non-event”. 1097 Total views 37 Total shares Bloomberg analyst, Mike McGlone, speaking to Cointelegraph described Bitcoin (BTC) halving as a “non-event”.Cointelegraph interviewed Bloomberg’s senior commodity strategist Mike McGlone to learn more about his Bitcoin bullishness. He emphasized that the work he does for Bloomberg Intelligence is…

Mathematician Massimiliano Sala says current encryption methods won’t protect blockchain systems from quantum computers.

United States firm, Marathon Patent Group, announced that it installed 700 units of Bitcoin mining ASIC units. 2367 Total views 53 Total shares United States firm, Marathon Patent Group, announced that it installed 700 units of Bitcoin (BTC) mining application-specific integrated circuit, or ASIC, units.According to a June 3 announcement, Marathon Patent Group installed 700…

You need nothing short of “a miracle” to succeed with an initial coin offering (ICO) in Australia, a local industry leader told the government this week.At a Select Committee on Financial Technology and Regulatory Technology hearing on Feb. 20, Dr. Jemma Green said her blockchain firm had succeeded despite, not thanks to, government policy. Dr. Green…

Bitcoin miners appeared to be the model consumers for the ancillary services in the state. 70 Total views 1 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTDuring the winter storm in Texas in December 2022, Bitcoin (BTC) mining operators returned up to 1,500 megawatts of energy to the distressed local grid.…

Earlier in October 2019, Binance announced a fiat on-ramp for crypto trading via Chinese payment services Alipay and WeChat. This move was part of the exchange giant’s peer-to-peer (P2P) trading rollout for Bitcoin (BTC), Ether (ETH) and Tether (USDT) against the Chinese yuan.The public nature of this announcement did bring questions to the fore regarding the…