BlackRock’s IBIT records biggest inflow day since March at $523M
BlackRock’s Bitcoin ETF has witnessed over half a billion dollars of inflows on the same day a flurry of spot Ether ETFs got the nod to begin trading.
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Australian regulators seek public input on crypto ETPs
The Australia Securities and Investments Commission has indicated that Bitcoin and Ether are the only two crypto assets likely to meet its evolving criteria for a regulated crypto ETP. 342 Total views 2 Total shares The Australia Securities and Investments Commission (ASIC) is seeking public feedback on on crypto-asset exchange-traded products (ETPs), stating that it is…
Bitcoin price risks $29K ‘nosedive’ as Wall Street opens with fresh losses
Bitcoin (BTC) lost bullish momentum at the June 1 Wall Street open as United States equities faced another day of retracement.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewZooming out, "nothing" has changedData from Cointelegraph Markets Pro and TradingView captured a sharp U-turn for BTC/USD at the start of trading, $1,600 in three hours.At the time of writing,…
Institutions remain bullish on Cardano and Ether while BTC outflows persist
Ethereum and Cardano continue to dominate inflows to institutional crypto investment products while demand for BTC weakens. 928 Total views 8 Total shares Institutional inflows to altcoin investment products have continued to increase this past week, but the same cannot be said for Bitcoin.In its Digital Asset Fund Flows Weekly report on Aug. 30, institutional…
Australia’s top exchange may approve spot Bitcoin ETFs this year: Report
Australia’s spot Bitcoin ETFs could see $3 billion to $4 billion of inflows within the first three years, according to Monochrome CEO Jeff Yew.
Small value crypto transfers in Africa have increased by 55%
Africans are turning to cryptocurrencies to avoid high fees and currency instability, with transfers to and from the continent increasing 55% over the last year. Africans are increasingly turning to cryptocurrencies as a means of exchange over local fiat currencies, according to a new report from blockchain analytics firm Chainalysis.Data from the firm shows that…
BSN to Continue as One Interconnected Network, Initiative Member Said
Red Date Tech CEO says BSN has not split up but rather working in different groups with different governing structures. 1339 Total views 18 Total shares China’s Blockchain Service Network, or BSN, will look at how to best approach public blockchains globally while still maintaining an interconnected network and has not separated into different entities,…
South Korea Province to Issue Own Coin as Gov’t Says Crypto Should Be ‘Accepted’
The government of a South Korean province will issue its own blockchain-based digital currency in a move to replace a state loyalty scheme, local media first reported Monday, August 27.Officials in Gyeongsangbuk-do will partner with blockchain startup Orbs to create Gyeongbuk Coin, which it will roll out to consumers in lieu of the existing “Hometown…
Franklin Templeton Closes Funding Round For Blockchain-Based Social Impact Platform
Proof of Impact, a blockchain-based, global marketplace for natural and social capital has closed a funding round led by American asset management firm Franklin Templeton Investments.On Dec. 12, Proof of Impact announced that it closed its first institutional investment round led by Franklin Templeton, a global fund manager that manages around $700 billion in assets. The…