Bitcoin weakness spurs $441M digital asset inflows
Digital asset investments see significant inflows of $441 million, driven by Bitcoin price weakness, Mt. Gox activity and a German government sell-off, according to a CoinShares report.
Related Posts
Bitcoin drops $1K in five minutes in fresh dip below $60K
Ethereum slips below $4,000 as an anticipated correction suddenly takes hold of crypto markets. 1558 Total views 63 Total shares Bitcoin (BTC) fell sharply on Oct. 27 as $60,000 finally gave way to two-week lows.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin bites into major buy walData from Cointelegraph Markets Pro and TradingView showed BTC/USD nearing $58,000…
BlackRock has ‘no commercial relationship’ with Hedera, HBAR sinks 32%
A BlackRock spokesperson confirmed the firm wasn’t directly involved in Archax and Ownera’s decision to tokenize shares of BlackRock’s ICS Treasury Fund on Hedera.
Interview: Is the stock-to-flow model flawed?
According to crypto analytic firm ByteTree, the popular stock-to-flow model is not a reliable indicator for Bitcoin’s long term price action. 1492 Total views 15 Total shares The stock-to-flow model is flawed, says Charlie Morris, co-founder and CIO of crypto data firm ByteTree. According to the popular theory developed by quantitative analyst Plan B, Bitcoin’s capped…
US Federal deposit insurer lists “crypto-asset risks” among its top priorities for the year
FDIC's acting chairman stated that the work on crypto-related guidance for U.S. banks is underway. 257 Total views 4 Total shares Martin J. Gruenberg, the acting chairman of the Federal Deposit Insurance Corporation, or FDIC, named “crypto-assets” among the agency’s key priorities in 2022, alongside addressing financial risks associated with climate change and promoting amendments…
US Banking Regulator Greenlights Crypto Custody at Federally Chartered Banks
The office of the U.S. Treasury that handles banks has issued a determination on the long-debated subject of custodying crypto assets 1358 Total views 2 Total shares Per a July 22 announcement shared with Cointelegraph, the Office of the Comptroller of the Currency (OCC) is granting permission to federally chartered banks to custody cryptocurrency.The future…
Top-five UK university joins Hedera governing council
Hedera Hashgraph has officially announced the London School of Economics and Political Science as their latest governing council member in a collective bid to promote social good. 599 Total views 128 Total shares The London School of Economics and Political Science (LSE) have officially joined Hedera Hashgraph’s panoply of 39 global governing council members, confirming…
NYSE Parent Company Reveals Launch Date for Bitcoin Futures on Bakkt Platform
The parent company of the New York Stock Exchange (NYSE), Intercontinental Exchange (ICE), has announced the launch date for Bitcoin (BTC) futures on its platform Bakkt, according to a document released Oct. 22.Bakkt is a platform for trading, storing, and spending digital assets that was established earlier this year by global exchange operator ICE.Per the…
Deutsche Boerse, Commerzbank Complete Blockchain PoC for Legally Binding Repo Transaction
German financial services company Commerzbank and securities marketplace Deutsche Boerse have completed a proof-of-concept (PoC) for a legally binding repo transaction using distributed ledger technology (DLT). The news was reported by Cointelegraph auf Deutsch on March 6.A repo transaction is commonly used for short-term borrowing, and allows dealers to sell securities to investors — often…