Bitcoin price hits $61K, but investors still prefer stocks and bonds right now

This move seeks to better synchronize GBTC’s shares with the real Bitcoin price and introduce a streamlined mechanism for investors to create or redeem shares effortlessly. 265 Total views 4 Total shares Grayscale, a significant player in digital asset management, has expressed enthusiasm about the potential transformation of its Grayscale Bitcoin Trust (GBTC) into a

The firm emphasized that it will “actively fulfill its legal responsibilities to customers and strive to avoid further transmission and diffusion of liquidity risks.” 211 Total views 2 Total shares Hong Kong-based crypto lending firm, Babel Finance, has eased some of its immediate liquidity troubles by reaching debt repayments agreements with some of its counterparties.…

Casa finds ElectrumX to be the “best bang for the buck” for server implementations after test. 1008 Total views 48 Total shares Crypto custody firm Casa released results from its test to find a new way to connect to the Bitcoin network and found ElectrumX had the best bang for the buck.Casa founder and cypherpunk…

Pepe has witnessed a 56% decline over the past 5 days, wiping a billion dollars from its total market cap. 466 Total views 6 Total shares The market cap of new memecoin Pepe (PEPE) has fallen $1.1 billion from its May 6 peak, though on-chain data shows it's still being bought by some crypto whales. Over…

Bitcoin price (BTC) has been declining amid the recent coronavirus developments as today media reported that patients in the UK and Russia tested positive for the virus. The declining trend has been followed by major cryptocurrencies. Cryptocurrency market daily overview. Source: Coin360In a day that will mark the departure of the United Kingdom (11 p.m. UTC)…

Nonprofit ethics group Campaign for Accountability (CfA) sent a letter to U.S. Senators Elizabeth Warren and Sherrod Brown on Nov. 9 to present them with information on the alleged use of cryptocurrency in money laundering. The letter discussed the Tron blockchain and stablecoin issuer Circle in particular.In the letter signed by CfA executive director Michelle

The police force of Israel reportedly recommended to prosecutors that Moshe Hogeg be charged with fraud, theft, money laundering, and sex crimes. 347 Total views 22 Total shares Police in Israel have reportedly accused entrepreneur Moshe Hogeg of defrauding users out of roughly $290 million through scams involving crypto projects.According to an Aug. 23 report…