Bitcoin weekly funding rate reflects investor caution, yet BTC price pushes higher

Thursday's Bitcoin (BTC) price action was relatively uneventful compared to the past 48-hours of activity that the top-rated crypto on CoinMarketCap pulled off on Tuesday and Wednesday. On crypto-Twitter, one will easily find analysts calling for the digital asset to rally to $10,000 before halving, and a few have even hinted that a new lifetime high…

The Chinese central bank, the People’s Bank of China (PBoC), has opened four positions for crypto-related professionals, according to a document published Wednesday, Oct. 10 on the bank’s website.Per the paper, PBoC is seeking two engineers at their Digital Money Institute with experience in blockchain and cryptography, security, and chip design. The bank wants the…

Surging crypto rallies and the coronavirus scare — the two phenomena seem to be closely related, according to many. But this particular correlation is not necessarily translating to causation, at least according to some experts.Mati Greenspan, the founder of Quantum Economics, offered his insights regarding the apparent connections between the two events. “So far, I…

Tech companies like Oracle, Tesla, Hewlett Packard, and now Blockcap are moving to Austin, causing many to call the state capital the Silicon Hills. 722 Total views 17 Total shares North America-based crypto mining company Blockcap announced over the weekend it would be establishing new offices in Austin, Texas.In an announcement from Blockcap on Friday,…

An ongoing securities lawsuit against payment startup Ripple will stay in federal court, per a recent ruling. The news was announced by lawyer Jake Chervinsky in a tweet on Mar. 1.“The Court has denied the plaintiffs' motions to remand. This means the case stays in federal court, a minor but meaningful victory for Ripple,” Chervinsky…

The French stock markets regulator AMF has seen over a 14,000% surge in enquiries related to fraudulent crypto offers in 2018 as opposed to 2016, the agency wrote in a new annual report released May 7.In the report, the Autorite des Marches Financiers (AMF) specified that the number of enquiries associated with crypto-related scams online…

Welcome to the latest edition of Cointelegraph’s decentralized finance newsletter.The new year is upon us, and the expectations for DeFi innovation, utility and mainstream adoption are greater than ever. Read on to hear about the inaugural stories of 2022.Reading this article, you're only receiving a portion of the content from our DeFi newsletter. Drop your…

The beer company seems to be taking another step into the crypto and blockchain space with these latest buys. 503 Total views 21 Total shares Budweiser, a subsidiary of Anheuser-Busch InBev, appears to have unofficially sanctioned a piece of nonfungible token, or NFT, art after purchasing it for use on its Twitter profile. According to records…

The year 2019, for a short while, raised expectations that stablecoins would bring about mass adoption of cryptocurrencies. 2020, however, seems to be dousing those hopes with ever-tightening regulation that is putting pressure on investors and companies alike.The first complication came only 10 days into the year. In early January, the European Union’s landmark Fifth…