Crypto Biz: Crypto fever hits wealth managers

Bitcoin has crashed below $10,000 for the first time in seven weeks. An aggressive week of selling has seen the price Bitcoin (BTC) fall below $10,000 for the first time since late-July, triggering fear in the markets.After posting a local top of roughly $12,500 on August 17, BTC consolidated between $11,250 and $12,100. However, the…

Major tech and commerce firms have been instrumental in helping China's central bank develop the digital yuan. 2303 Total views 15 Total shares Major Chinese technology and commerce firms are starting to open up regarding their involvement in developing the digital yuan.Ant Group and Tencent Holdings revealed the extent of their collaboration with the People’s…

By way of disclaimer, today’s Law Decoded is going to be especially America-centric. Writing to you from the ghastly swamp that is Washington, D.C., I generally try to keep these newsletters more globally minded, displeased as I am with how often the news cycle acts like this town is the center of the solar system. Thematically,…

Members of the Ethereum community responded to the latest upgrades to the Ethereum mainnet. 1083 Total views 7 Total shares Own this piece of history Collect this article as an NFTThe much-awaited Shapella update on Ethereum has gone live, paving the way for new features like the unstaking of Ether (ETH). Community members celebrated with…

Despite launching in December, Blockcap plans to possess an operational hashrate of 3.5 EH/s by 2022. 1706 Total views 11 Total shares Blockcap, one of the largest Bitcoin mining firms in North America, has added more than 12,000 additional Bitmain Antminer S19s to its inventory.The firm is now expecting to have deployed more than 40,000…

Bitcoin (BTC) faced a new threat of a dip below $40,000 on April 8 as short timeframes failed to rescue bulls.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin risks return to $38,000 supportData from Cointelegraph Markets Pro and TradingView showed BTC/USD consolidating in a range bounded by $44,000 prior to Friday’s Wall Street open.The pair had…

The European Union's Securities and Markets Authority has recommended treating miner-extracted value (MEV) as a form of market abuse under the MiCA regulatory framework.

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekBuy the DipBitcoin price tumbles, falling below $17,000 in biggest crash since…

Square reports that Bitcoin composed the bulk of Cash App’s revenue in the first quarter, though it added much less to profit. On May 6, Square released its filings for the first quarter of 2020. The filings publicized revenue for Square’s Cash App, a majority of which came from Bitcoin.The numbers for Q1 and Bitcoin’s…