Bitcoin Spot ETFs net $11M inflow, despite GBTC loss

Bitcoin (BTC) refused to let $20,000 support die for good on March 11 as the weekend opened to a battle for lost ground.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin shakes off USDC depegData from Cointelegraph Markets Pro and TradingView showed BTC/USD circling $20,200 at the time of writing.A brief dip below the $20,000 mark overnight was…

An Australian Bitcoin exchange operator has taken legal action against two commercial banks in the country, accusing them of discriminatory practices. 2620 Total views 15 Total shares Allan Flynn, a Bitcoin trader in Australia has filed a complaint against two commercial banks in the country — ANZ and Westpac — accusing both of systematic discrimination.…

As the headlines pile up about Bitcoin’s calamitous environmental impact, one group of investors and supporters have stepped up to the plate to defend the world’s largest digital asset with the help of a crowdfunded, FUD-fighting documentary film. First announced by investor, podcast host, and Bitcoin fanatic Brad Mills on Twitter, the goal of the film…

Paraguayan lawmakers have deliberated for a year on a comprehensive crypto regulatory framework that includes considerations for businesses and traders. 79 Total views 2 Total shares The Paraguayan Senate passed a bill on July 14 establishing a tax and regulatory framework for businesses operating in the cryptocurrency and the crypto mining sectors.The bill, introduced last…

Ethereum venture production studio ConsenSys has selected seven new Ethereum-based projects to support with $175,000 of funding.ConsenSys recognizes “more unique ideas”Speaking to crypto industry media outlet CoinDesk on Oct. 10, the company’s head of experiential marketing Yadira Blocker confirmed the latest round of startups to receive cash.ConsenSys has been funding what it considers promising projects…

De Nederlandsche Bank cannot share details of Binance’s registration failings in the country due to the confidentiality requirements of its supervisory laws. 212 Total views 9 Total shares The details behind Binance’s failed efforts to register for a virtual asset service provider (VASP) license in the Netherlands remain unclear due to the confidentiality requirements of…

Bitcoin’s (BTC) use as a protector of wealth is coming to the fore in Hong Kong as trading volumes spike and businesses iron out problems with acceptance.Trading record underscores Bitcoin’s “non-seizability”As multiple commentators including Morgan Creek Digital co-founder Anthony Pompliano noted this week, Bitcoin is a genuine solution for Hong Kong residents worried about monetary…

Multinational holding conglomerate Berkshire Hathaway – which counts outspoken crypto critic Warren Buffett as its CEO and chairman – has invested around $600 million in two fintech payment firms focused on emerging markets, the Wall Street Journal (WSJ) reported Oct. 29.Both investments are said to have been spearheaded by one of Berkshire’s two portfolio managers,…