Bitcoin risks ‘sharp weekend price swings’ as ETFs suck up liquidity

While the naysayers continue to wish for the so-called “Bitcoin bubble” to burst, the premium cryptocurrency continues to scale to new heights, seemingly with each passing day. For example, within the same week of Tesla announcing its foray into the crypto market, Bitcoin (BTC) proceeded to surge by almost $10,000. And even though the market subsequently…

Giant companies like Apple have made a fortune by centralizing their powers and profits and expanding their product and services network to be a part of people’s lives in as many ways as they can. Until recently, however, Apple had also demonstrated an ability to tunnel-focus its efforts to stay relevant and up to date…

For a currency to be considered useful as money, it has to serve three fundamental purposes. It should function as a medium of exchange, as a store of value and as a unit of account. The fact that Bitcoin doesn’t fulfill all of these purposes to an adequate extent at least partially explains why it…

New rules under the MiCA framework may encourage big banks to enter the DeFi space, potentially complicating compliance for native crypto projects.

Some analysts had predicted that spot Ether ETFs could start trading on U.S. exchanges by the end of June, but the SEC has yet to set an exact date.

“The point of crypto is to have true decentralization — the projects that succeed will be the projects that achieve that," said Brian Brooks. 882 Total views 17 Total shares Blaine Luetkemeyer, a House representative from Missouri, revisited the issue of major companies exerting control over vast swaths of the internet, something he expressed concerns…

Following another delay on Bitcoin exchange-traded funds (ETFs), asset managers VanEck and SolidX plan to sell a limited version of a Bitcoin ETF.VanEck Securities and SolidX Management want to start selling shares in a limited version of a crypto ETF, employing a rule that exempts the shares from securities registration, while shares can be sold…

Most major DeFi tokens will be available for trading on Eos. 1918 Total views 3 Total shares Eosfinex, the Bitfinex-backed noncustodial exchange running on the Eos network, announced the listing of more than 15 ERC-20 tokens, primarily consisting of governance tokens of major decentralized finance protocols on Ethereum.The listing is made possible by a collaboration…

Bitcoin (BTC) is nearing $40,000 this week as “Dogefather” Elon Musk deals out pure pain to hodlers — what’s next?After a traumatic weekend for many crypto investors, Monday is setting the stage for the next chapter in the wild 2021 bull market.Cointlegraph takes a look at five factors which could shape what Bitcoin and altcoins…