Bitcoin net flows hit $750M, highest outflow since May
Large Bitcoin outflows may signal rising demand as investors shift BTC into cold storage, reflecting institutional confidence.
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Thai authorities raid illegal Bitcoin mine behind local power outages
Illegal Bitcoin mining has been a growing problem in Southeast Asia, with operators exploiting the region’s relatively low electricity costs
JPMorgan Chase Senior Executive Becomes CEO of Blockchain Precious Metals Firm
Blockchain-powered precious metals platform Tradewind has appointed an ex-JPMorgan Chase executive as its new CEO, the company confirmed in a press release on April 30.Michael Albanese, who previously worked as the bank’s Global Head of Agency Collateral Management and Global Head of Securities Clearance, will take over Tradewind’s operations immediately.Those currently include the management of…
Japan: E-Commerce Giant Rakuten to Move Crypto Exchange to New Payments Subsidiary
Japanese e-commerce firm Rakuten has announced a revision to its corporate restructure, setting up a new payments subsidiary that includes its cryptocurrency business, Cointelegraph Japan reported Jan. 21.Rakuten, known informally as ‘Japan’s Amazon,’ originally revealed in August last year it would seek to reorganize its various offshoots in order to improve accountability and decision-making processes.Now,…
AI optimizing crypto exchange functions – Bitget exec
Artificial intelligence tools are providing solutions to various functions and departments within major cryptocurrency exchanges. 295 Total views 1 Total shares Cryptocurrency exchanges are finding novel ways to improve internal departments and functions using artificial intelligence, according to Bitget managing director Gracy Chen.Speaking to Cointelegraph editor Zhiyuan Sun during EthCC in Paris, the exchange’s MD…
Peter McCormack’s Twitter regrets: ‘I can feel myself being a dick’ — Hall of Flame
What Bitcoin Did podcaster Peter McCormack admits that he has a “weird relationship with Twitter,” as he believes it “brings out the worst in people.” He’s worked hard to build up more than half a million followers to promote his show but still isn’t sure that Twitter is a “net positive” because it “elevates a…
ECB leader floats 3K threshold for digital euro holdings
The central bank said it will reach a decision on releasing a digital euro "towards the middle of 2021." 1393 Total views 16 Total shares In an interview today, Fabio Panetta, executive member of the European Central Bank said the ECB may only allow digital euro holdings “up to a certain threshold” but added that the…
Bitcoin correction weakest of 2021 so far, as hopes of Santa Claus rally rise
In previous bull market cycles, there has been a measurable correction before a rally at the end of the year — and if history rhymes it could be on the cards again.We’ve certainly experienced the correction: Bitcoin hit an all-time high of around $69K on Nov. 10 and has retreated around 17% to current levels.Some…
Milei vowed to close Argentina’s central bank — But will he do it?
The image of a presidential candidate destroying a model of the central bank with a sledgehammer will not leave Argentines' memories for a long time. But once President-elect Javier Milei is seated on the throne on Dec. 10, will he still have the courage to follow a winding and risky path?Argentina carries — with its