Bitwise CIO says BTC ETFs are huge success and 13F filings make him ‘incredibly bullish’
Bitwise CIO Matt Hougan says this week’s 13F filings prove that the spot Bitcoin ETFs were a “huge success.”
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Bitcoin futures data highlight investors’ bullish view, but there’s a catch
Bitcoin (BTC) price surged by 26.5% in October and several indicators hit a one-year high, including the BTC futures premium and the Grayscale GBTC discount. For this reason, it's challenging to present a bearish thesis for BTC as data reflects the post-FTX-Alameda Research collapse recovery period and is also influenced by the recent increase in interest
Grayscale Bitcoin Trust terminates material agreements with Genesis
Genesis will no longer be involved in GBTC's main operations, but will still act as a liquidity provider. 123 Total views 8 Total shares According to a recent filing with the U.S. Securities and Exchange Commission (SEC), Grayscale Bitcoin Trust has terminated two agreements with cryptocurrency broker Genesis. First, Genesis will no longer assist Grayscale…
China’s Zhejiang Processes $6B via DLT Medical Billing Platform
China’s Zhejiang province has processed nearly $6 billion via a blockchain medical billing platform using Ant Financial’s blockchain technology, Chinese publication QNSB reports on Nov. 18. Successfully piloted in 2018, the blockchain-enabled platform allows citizens to make doctor’s appointments, get prescriptions as well as pay, record and store their medical bills online.At a local blockchain…
Stablecoin issuers have spent over $1.3M lobbying Congress since 2022
Stablecoin issuers including Tether, Circle, and others have spent well over a million dollars lobbying lawmakers on Capitol Hill since the start of 2022, according to recent data.Stablecoins have become the center of attention in Washington DC recently as pressure mounts to roll out a regulatory framework for dollar-pegged digital assets. Tether uses the law…
Ryan Salame seeks to void guilty plea, says fed didn’t keep promise
The government has reneged on its agreement to stop investigating his partner, claims former FTX executive Ryan Salame.
Velas increases blockchain grants program to $100M
Blockchain projects with a focus on DeFi, NFTs, gaming and others will be eligible to receive up to $100,000 in funding. 332 Total views 16 Total shares Switzerland-based technology company Velas has allocated $100 million to startups building on top of the Velas blockchain, marking a sizable increase from its initial pledge of $5 million…
HODL your horses, Bitcoin options data says $18.5K is not a local top
Earlier today, Bitcoin (BTC) price peaked at $18,476 after an impressive 35% bull run that appears to have started in early September. This powerful movement was followed by a correction to $17,000, a natural pullback. This adjustment led some investors to question whether the current formation resembles the $13,850 top formed in July 2019.BTC/USD, July 2019.…
Facebook-owned WhatsApp Looks to Launch Digital Payments in Indonesia
Facebook-owned messaging service, WhatsApp, is purportedly in preliminary talks with multiple digital payments firms as well as a state-owned bank to launch digital payment services in Indonesia. Reuters reported that they had learned of this development from anonymous sources on Aug. 20. According to the report, WhatsApp is currently negotiating with transportation booking service Go-Jek, mobile…