BlackRock Bitcoin ETF inflows surpass 'magnificent 7' stocks as trader eyes $88K
Bitcoin price could reach above the $88,000 mark by September, driven by continued Bitcoin ETF inflows.
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Ethereum Classic Labs Announces Accelerate Program to Promote ETC Apps
Ethereum Classic Labs incubator officially announced its accelerator program to promote the development of products based on the Ethereum Classic network.On July 28, Ethereum Classic Labs published a blog post to provide details about Ethereum Classic Labs Accelerate, a program for funding and educating blockchain firms and communities that are creating products and services on…
‘Hodlers Are Insane’ — 64% of Bitcoin Supply Has Not Moved Since 2018
Over 60% of the total Bitcoin (BTC) in circulation has not left its wallet in more than a year, highlighting demand among investors. That was the conclusion of analyst Rhythm, who uploaded statistics about Bitcoin network activity on Dec. 2. BTC investors shun risk and short-term gainsOf the roughly 18.08 million Bitcoins which have been mined, 11.58…
FATF Guidelines Updated to Combat Money-Laundering and Terrorism Financing in Europe
Regulation has been a major talking point in the cryptocurrency sphere in 2018 - mainly due to the monumental crypto-craze in 2017.This has come to the fore in Europe, after the Financial Action Task Force (FATF) updated its policy on cryptocurrencies in October, which were initially established back in 2015.To understand the implications of these…
Auction House Christie’s Trials Blockchain Data Recording in New Partnership
Christie’s, the auction house with a history going back over 250 years, has announced a pilot scheme to use blockchain for auction data.The result of a partnership with blockchain art startup Artory that was revealed Thursday, Oct. 11, the Christie’s will use the technology to provide details and certificates of purchases to buyers.The plans, it…
Alameda Research invests $20M in Reef Finance
The investment will reportedly allow Reef to implement more cross-chain integrations with Serum and Raydium on Solana. 779 Total views 5 Total shares After investing in travel app Maps.me and decentralized finance protocol Oxygen, Alameda Research will be putting $20 million into Reef Finance, the Polkadot-based DeFi platform.According to Reef Finance, Alameda Research will be…
Change to US accounting rules will be a boon to companies holding crypto in 2025
The FASB has recommended that crypto be recorded at fair market value on corporate balance sheets, removing possibly significant impairments but adding to volatility. 215 Total views 3 Total shares The Financial Accounting Standards Board (FASB) has unanimously approved rules for accounting for the fair value of companies’ cryptocurrency holdings, according to media reports. The
Deutsche Boerse acquires majority ownership of Crypto Finance AG
The German stock exchange operator plans to expand its regulated crypto-asset ecosystem across the European market. Deutsche Boerse has acquired a majority stake in Crypto Finance AG — a Swiss digital asset firm.According to a release issued on Tuesday, the German stock exchange operator has bought a two-thirds stake in the digital asset company. Though…
ETH Scalability Isn’t Going to Be an Issue Soon, Suggests Vitalik Buterin
Ethereum 2.0 will eventually facilitate up to approximately 100,000 transactions per second. 984 Total views 20 Total shares Ethereum expects boosted transactions per second, or TPS, as the network shifts toward the long-awaited Ethereum 2.0, or ETH 2.0, according to Etheruem co-founder Vitalik Buterin. Vitalik says the transition will not be instant"ETH2 scaling for data will…