BlackRock’s Bitcoin ETF sees first outflow day as US ETFs notch record bleed
BlackRock’s IBIT saw around $37 million in outflows for the first time while the remaining spot Bitcoin ETFs collectively notched over $526.8 million in outflows.
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Binance has launched its own mining pool. This could spell bad news for miners, but probably not for the reason you’re thinking of. We’re all aware that Binance is continuing to extend its reach across the industry. The exchange’s purchase of CoinMarketCap for a reported $400 million signaled a bold step toward grabbing attention at…
Crypto mainstream adoption: Is it here already? Experts Answer, Part 2
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Bitcoin Nears $11,000 Mark While Altcoins See Mixed Results
Sunday, Aug. 4 — Bitcoin (BTC) has continued to gain momentum today, with its price nearing the $11,000 mark. The top 20 cryptos by market capitalization are seeing mixed results on the day, with most gains and losses around or under 2%.Market visualization from Coin360Bitcoin has seen a major bullish move this week, up 15%…
Libra Hearing Fails to Assuage Senior Lawmakers’ Concerns
Following testimony before the United States House of Representatives Financial Services Committee earlier today, lawmakers are still concerned about the possible launch of the Libra stablecoin.On Oct. 23, legislators heard statements from Facebook CEO Mark Zuckerberg and posed questions covering a variety of topics from Libra to Facebook's data policies and reaction to possible foreign influences on…
Why traders expect ‘boring’ Bitcoin and altcoin price action until 2021
Bitcoin (BTC) price has been stuck in a range for weeks now but traders generally expect a slow fourth quarter for the top-ranked digital asset.Bitcoin quarterly returns (%). Source: Skew.comIn 2018 and 2019 Q4 closed net negative, injecting a bit of bearish sentiment into the market. In the near term, a boring Q4 of further…
Architect of DoJ’s crypto framework will no longer be leading their policy-making
Major figure in Justice Department's cyber work is out from the policy office, but no word on where she's heading next. 1166 Total views 15 Total shares Per a Dec. 11 announcement from the Department of Justice, Assistant Attorney General Beth Williams is out of the policy departmentSince 2017, Williams has been a leader at the Office…
Google Suspends MetaMask From Its Play App Store, Citing “Deceptive Services”
Google has banned Ethereum (ETH) wallet and decentralized app (DApp) browser Metamask’s android client from its Play app store.The MetaMask team took to Twitter on Dec. 26, where they announced that Google had suspended MetaMask’s android client from Google Play’s app store, claiming MetaMask was in violation of Google’s financial services policies.Google reportedly cited their…
Bitcoin yield opportunities are booming — Here’s what to watch for
Bitcoin has historically been terrible as a yield asset. Fortunately, the options for earning interest are beginning to abound.