BlackRock's IBIT draws $260M as Bitcoin ETFs notch 8th day of inflows

XRP contributes to the development of CBDCs and stablecoins, says key exec. XRP, the world’s third largest cryptocurrencies by market capitalization, is not competing with national digital currencies like the forthcoming digital yuan, according to a senior executive at Ripple.Emi Yoshikawa, senior director of global operations at Ripple, claimed that XRP does not compete either…

Nonfungible tokens (NFTs), gaming protocols and the dawn of the Metaverse were all trending topics in 2021 and they are shaping up to be even bigger in 2022. NFTs and Metaverse-related projects are also bouncing back quickly from the market-wide downturn and Vulcan Forged (PYR) is one of the top movers this week. The project is…

Mirror Trading International is getting flak from regulators worldwide. A month after the Texas State Securities Board took action against Mirror Trading International (MTI), South Africa’s Financial Services Conduct Authority (FSCA) is also investigating the company’s trading activities.According to the information MTI shared with FSCA, the company conducts high-frequency derivatives trades using bots on behalf…

Australian blockchain academics and educators have called for more robust Web3 education in schools, preparing students for a world that will be dominated by blockchain technology.Huxley Peckham, head trainer for Blockchain Academy International told Cointelegraph that there are “very few qualified people in the blockchain industry, but there is big demand for qualified people,” noting…

Hut 8 secured a purchase agreement for 205 megawatts of power and land in West Texas, expanding its energy infrastructure to about 1.3 gigawatts of capacity.

The bridge allows users to transact Ethereum native assets at faster speeds with lower cost and store them directly on-chain. 383 Total views 23 Total shares On Wednesday, Psychedelic, a Web 3.0 development studio building solutions for the Internet Computer, launched Terabithia, a cross-chain contract communication and asset mirroring protocol. Beginning with the Internet Computer…

The mining equipment firm, scheduled to go public via Nasdaq later today, is preparing for a massive expansion. 663 Total views 20 Total shares Major Chinese Bitcoin (BTC) mining equipment maker Ebang, which is reportedly getting listed on Nasdaq Global Market later today, is planning to expand its business by setting up a cryptocurrency exchange…

Crypto exchange giant Coinbase has cited a "fast and furious" downturn of the crypto markets as the reasons behind a staggering $1.1 billion net loss in the second quarter of 2022, which also saw trading volume and transaction revenue tumbling. It's the second consecutive quarter of loss for the crypto company and the largest loss since…

Analysts say Bitcoin price could range trade for up to 5 months, but longer-term technical and on-chain data continues to point to a 6-figure BTC price target.