Cathie Wood’s Ark sells $2.7M Coinbase shares as BTC fails $70K retest

Institutional investors piled $225 million into Bitcoin products while Ether products saw outflows of $13.6 million this past week. 22 Total views 1 Total shares Institutional investors are continuing to pile into Bitcoin despite prices pushing up to a five-month high.According to CoinShares’ Oct. 12 Digital Asset Fund Flows Weekly report, more than $226 million…

Lately, a great deal of attention has been focused on the correlation between Bitcoin and the S&P 500, meaning crypto traders need to keep track of the fundamentals of the equity markets. Global markets continue to be negatively impacted by the coronavirus pandemic and according to a report from the International Monetary Fund, the resulting…

A South Korean financial authority has warned two major domestic banks about their lack of management of cryptocurrency transactions and anti-money laundering (AML) regulation, local online media outlet The Daily reports Dec. 4.The Financial Supervisory Service (FSS) has reviewed Kookmin Bank and Nonghyup Bank and found “unreasonable elements related to virtual [currency] handling business.” However,…

The billionaire investor conveyed his predominantly bullish opinions on the crypto ecosystem during a recent online interview Bill Miller, a seasoned Wall Street investor and founder of Miller Value Partners, advocated for the rise of Bitcoin (BTC) during a recent conversation with author William Green, but voiced skepticism around many of the altcoins birthed during…

The price of Bitcoin rose more than 2% in two hours as poll workers in US states began to count ballots. 1094 Total views 16 Total shares The price of Bitcoin (BTC) rose by more than 2% in two hours to briefly top $14,000 as the polls were starting to close across many U.S. states…

Opinion by: Slava Demchuk, co-founder and CEO of AMLBot All virtual asset service providers (VASPs) registered in the EU before 2025 must comply with Markets in Crypto-Assets Regulation (MiCA) requirements this year. Not all will be able to do so.  The MiCA regulation is, in essence, a good legal framework for the crypto industry, but

The Bank of England estimates that 20% of retail and consumer deposits could potentially move toward CBDCs. 255 Total views 1 Total shares In an event streamed live on Wednesday, Bank of England governor Andrew Bailey and deputy governor for financial stability Sir Jon Cunliffe answer questions from lawmakers from the Economic Affairs Committee. When asked…

Thursday Nov. 14 — Cryptocurrency markets are largely trading sideways, with Tezos being the only top-20 coin showing notables gains of more than 11%.Cryptocurrency market daily overview. Source: Coin360Bitcoin (BTC) has been showing little price movement over the last few days and recently sipped below the $8,600 price mark. The world’s largest cryptocurrency started the day…

With 3,627 crypto ATMs going down last month, March 2023 becomes the month with the largest monthly decline of crypto ATMs. 1707 Total views 21 Total shares Own this piece of history Collect this article as an NFTContradicting the growing global Bitcoin (BTC) adoption rate, physical ATMs dedicated to fiat-crypto conversions are on the decline.…