Bitcoin investors pull $331M from BlackRock IBIT ETF in record outflow
BlackRock’s IBIT has also seen a record three consecutive trading days of outflows.
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Bitcoin’s weekly MACD just crossed bullish for the first time in 11 months
MACD is green for the first time since Bitcoin's all-time highs, but a correction is the "most obvious" first step, one trader says. 151 Total views 2 Total shares Bitcoin (BTC) kept traders guessing later on Aug. 18 as one forecast said that a $40,000 dip would be the “most obvious” next move.BTC/USD 1-hour candle…

Report: Indictment Reveals Connection to Bitfinex, QuadrigaCX’s Shadow Banking Services
The April 30 indictment of two individuals on multiple counts — including bank fraud and operating an unlicensed money transmitting business — reveals an apparent connection to the shadow banking services that were used in two recent high-profile crypto exchange controversies.The indictment — charging Arizona resident Reginald Fowler and Ravid Yosef, a resident of Tel…

Price analysis 6/3: SPX, DXY, BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA
Bitcoin and select altcoins are attempting to break above their respective resistance levels, signaling aggressive buying by the bulls.

White House science office looks at crypto’s effect on climate, despite scarce data
The White House Office of Science and Technology Policy reaches mixed conclusions about crypto and the climate, against a background of rapid technological change. 260 Total views 10 Total shares The White House Office of Science and Technology Policy (OSTP) has weighed in on the environmental and energy impact of crypto assets in the United…

Huobi Group is moving to Gibraltar following China crackdown
Huobi Gibraltar has already secured the necessary licenses from local authorities. 718 Total views 12 Total shares Huobi Group, a Bitcoin (BTC) technology firm established in 2013, is relocating its spot-trading business to Gibraltar as a precautionary measure following China’s cryptocurrency clampdown.According to a report by Bloomberg, the Gibraltar Financial Services Commission has authorized Huobi…

Fee war breaks out among spot Ether ETF issuers ahead of listings
Franklin Ethereum ETF (EZET) has emerged as the fee race’s frontrunner.

ETH Miners Will Have Little Choice Once Ethereum 2.0 Launches With PoS
As Ethereum is finally set to launch its Ethereum 2.0 upgrade later this year, putting an end to a long streak of delays, the network will start moving toward a proof-of-stake model. Consequently, the network will abandon the proof-of-work consensus algorithm, leaving Ether (ETH) miners with very few options. Since their equipment will become obsolete, they…

UK Watchdog Allows Three Blockchain Firms to Join Regulatory Sandbox
The United Kingdom’s Financial Conduct Authority (FCA) has allowed three blockchain-based businesses to join the latest cohort of its regulatory sandbox, the organization announced on April 29.Diro Labs is one of the blockchain-driven companies accepted by the FCA for performing tests on a “short-term and small-scale basis.” According to the regulator, the startup uses a “central blockchain-based store…