Bitcoin traders flag ‘inflection point’ in key futures market metric as BTC breaks range

Marubeni Corp., a major Japanese sōgō shōsha, or general trading company, is now backing a blockchain-based power trading platform.Per a report by Reuters on July 23, Marubeni  has issued a loan to Lithuania-based blockchain project WePower. Per Reuters, the size of Marubeni’s stake in WePower after converting the loan is yet to be determined.WePower has…

The Australian crypto exchange had $23.4 million of digital assets locked on FTX when it collapsed and FTX's Australian subsidiary went into administration. Own this piece of history Collect this article as an NFTAustralian cryptocurrency exchange Digital Surge appears to have narrowly avoided collapse, despite having millions of dollars in digital assets tied up in…

Earlier this week, Russian tech startup Waves announced it has been testing a blockchain solution for payments in the retail electricity sector. The pilot program was initiated by Rosseti, Russia’s national energy grid operator, which is looking to automate and make transactions between energy producers, suppliers and consumers more transparent.Now that the first stage has…

Canada’s “first” and “only” regulated Bitcoin (BTC) fund First Block Capital Inc. has obtained mutual fund trust status, allowing investors to put their fund units in self-directed registered accounts, according to a press release published September 10.First Block Capital Inc. (First Block) announced that investors in its flagship product the FBC Bitcoin Trust — available…

In its latest comment, the advocacy group goes after the proposed requirement to create currency transaction reports for crypto transactions. 970 Total views 6 Total shares After the U.S. Treasury Department extended the comment period for anyone to express their thoughts on a proposed crypto rule, non-profit crypto policy advocate group Coin Center has made…

India's secretary of Economic Affairs has recommended that the country’s Ministry of Finance to impose a ban on “private cryptocurrencies,” according to a report published by the Indian government press center Oct. 31.The Financial Stability and Development Council (FSDC), headed by India’s finance minister Arun Jaitley, held a meeting on the current economic and financial…

Ether implied volatility has experienced a notable surge following spot Ether ETF approval news.

Bitcoin (BTC) sought to overturn August resistance on Sep. 10 as whale buy-levels dictated BTC price action.BTC/USD 1-day candle chart (Bitstamp). Source: TradingViewWhales provide short-term price ceilingData from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting new multi-week highs of $21,671 on Bitstamp.The pair capitalized on a short squeeze which began early on Sep. 9,…

The Visa Creator Program is the latest in a string of initiatives that Visa has carried out as it targets the digital creator economy. 176 Total views 3 Total shares Visa announced the official launch of the Visa Creator Program, a one-year product strategy and mentorship program for entrepreneurs working in art, music, fashion and film…