BlackRock Bitcoin fund sheds $420M as ETF losing streak hits day 7
BlackRock’s iShares Bitcoin Trust has just recorded its biggest single day outflow since launching in 2024.
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Bitcoin is risky digital ‘copper’, it’s not gold — Goldman Sachs commodities boss
Jeff Currie, the global head of commodities research at Goldman Sachs, described Bitcoin as a “risk-on” asset that is similar to copper as a hedge against inflation. 3161 Total views 4 Total shares Jeff Currie, the global head of commodities research at Goldman Sachs, has dismissed comparisons between Bitcoin and gold as an inflation hedge,…

Binance files US lawsuit against Forbes and two cryptocurrency journalists
Cryptocurrency exchange alleges "millions of dollars" in losses as a result of what it describes as a "false and misleading" article. 1001 Total views 2 Total shares Binance has filed a lawsuit in the state of New Jersey against Forbes Media and two of its journalists, Michael del Castillo and Jason Brett, alleging that an…

AI may lead to inflationary pressures: Bank of Canada
Bank of Canada Governor Tiff Macklem highlights the potential risks AI poses to inflation and financial stability in the short term.

South Korean lawmaker: Delaying tax laws on crypto is ‘inevitable’
“In a situation where the relevant taxation infrastructure is not sufficiently established, the deferral of taxation on virtual assets is not an option, but an inevitable situation,” said Noh Woong-rae. 371 Total views 1 Total shares Noh Woong-rae, a member of South Korea’s National Assembly and a representative of the country’s ruling party, reportedly plans…

Cosmos launches Inter-Blockchain Communication to enable cross-chain DeFi
Cosmos is now building a cross-chain DEX for IBC-enabled blockchains, dubbed Gravity 2760 Total views 24 Total shares The self-described “Internet of blockchains,” Cosmos, has launched its Inter-Blockchain Communication standard, or IBC, enabling crypto assets to be transferred easily between independent blockchains.Comos’ IBC went live on March 29, enabling token transfers between Cosmos and other…

Crypto regulations in the United Kingdom: Are we there yet?
Policymaking in the United Kingdom is typically reactionary, and this is no less true in the context of the crypto-asset industry. Reactionary policymaking means that the U.K.’s crypto regime is occasionally behind those of its competitors, which could ultimately cause the U.K. to become a less attractive place to conduct crypto-related business.The former Chair of…

Ripple expands Canadian engineering activities with U of Toronto XRP validator
Canada’s largest university is the third in the country to partner with Ripple’s University Blockchain Research Initiative. 704 Total views 4 Total shares The University of Toronto plans to launch an independent XRP Ledger (XRPL) validator, Ripple announced June 12, as the university will become part of Ripple’s University Blockchain Research Initiative (UBRI). The partnership…

Buffett dumps Wells Fargo amplifying bull case for gold and Bitcoin
Warren Buffett and Berkshire Hathaway substantially cut their position on Wells Fargo, selling 100 million shares. The Oracle of Omaha is continuing to trim his position in bank stocks, buoying the bull case for gold and Bitcoin (BTC).Berkshire reportedly held $32 billion in equity in Wells Fargo at one point, Fox Business reported on Sep.…