BTC price all-time high in July? 5 things to know in Bitcoin this week

ARK Invest, the investment firm founded by major Bitcoin (BTC) advocate Cathie Wood, is actively accumulating stock of the crypto-friendly app Robinhood (HOOD).On Nov. 8, ARK made a massive Robinhood stock purchase, bagging a total of 1.1 million shares for about $9.5 million in one day, according to a trade notification seen by Cointelegraph.The purchase

A former director of the U.S. National Broadband Task Force criticizes anti-encryption bills that in his opinion hurt the nation’s economy and security. 1879 Total views 20 Total shares Under president Obama, Anurag Lal served as the director of the National Broadband Task Force. Currently he is the CEO of NetSfere, a company that provides…

Ebang, a crypto mining ASIC hardware producer, has suffered “significant decreases” in revenue in the second half of 2018. This development was reported in documents submitted by the company to the Hong Kong Stock Exchange (HKEX) on Dec. 20.HKEX only requires the financial period reported by IPO applicants not to end more than six months…

The site was ground zero for a partial nuclear meltdown in 1979, which affected a separate unit and caused nearby areas to evacuate.

Net outflows for Hong Kong’s crypto ETFs reached a record $39 million on Monday with bleeding felt across all six funds.

A new proof-of-concept will be tested to send fiat-backed stablecoins between banks to reduce fees and transaction times on international payments. 839 Total views 14 Total shares South Korea’s Shinhan Bank and Hedera Hashgraph (HBAR) have completed a proof of concept that is designed to conduct international remittances using stablecoins on the Hedera Network.The new…

Founders who used to work at Coinbase, Circle and Goldman Sachs teamed up to create an exchange that will use PayPal USD as its main settlement currency. 

Bitcoin’s (BTC) abysmal December 2017 futures launch quickly fell short of investors expectations and even though the CME BTC market has surpassed $2.5 billion in open interest, the initial launch has reinforced the narrative that this week’s CME ETH futures launch will be equally bearish in the short term. Prior to the CME BTC futures launch,…

An archaic blockchain technology helps a technology company convince U.S. bank regulators that the transactions are free of money laundering. 709 Total views 21 Total shares Treasury Prime aspires to bring U.S. banks out of the stone age by providing automation through APIs. It appears that they internally use rudimentary blockchain technology to handle their…