Ethereum ETF decision due in hours as BTC price gets $80K May target

Bitcoin flirted with $70,200 on June 3, but traders fear excessive leverage might be a double-edged sword.

Japanese crypto trading platform Liquid has hit unicorn status with the first close of an ongoing Series C funding that puts the company valuation at over $1 billion. The news was reported by Cointelegraph Japan on April 3.Liquid’s parent company is Quoine, a global fintech company licensed by Japan’s Financial Services Agency.As Cointelegraph Japan reports,…

Jameel Ahmad, the deputy governor of the State Bank of Pakistan (SBP), the nation’s central bank, declared that the institution aims to issue a digital currency by 2025, Pakistani YouTube news channel Public News reported on April 1.English-language local media Dawn also reported today that Asad Umar, Pakistan’s finance minister, prompted the official’s statement during…

The mining firm's expansion into Kazakhstan follows plans to introduce new energy fees for crypto miners starting in 2022. 232 Total views 3 Total shares Crypto mining firm BIT Mining, which recently announced it would be expanding out of the Chinese market, plans to purchase 2,500 Bitcoin miners for deployment in Kazakhstan.In a Wednesday announcement,…

Bitcoin (BTC) traders might be feeling extra euphoric after the recent 35% rally, but data suggests bears are not too worried because a similar breakout took place in mid-July and the price failed to hold the $40,000 support.To understand how bullish investors are this time around, let's take apart the derivatives data and look at…

Polygon claimed that the temporary halt by Binance was done to upgrade and synchronize the nodes as the bug issue has been resolved and the network is stable. 520 Total views 5 Total shares Binance, the world’s biggest crypto exchange by trading volume, announced earlier on Tuesday that it will be temporarily pausing deposits and…

Several major crypto and traditional finance companies have replied to the United States Commodity Futures Trading Commission’s (CFTC) request on crypto asset mechanics as late as Feb. 25.The CFTC published its inquiry in late December 2018. In it, the regulator’s LabCFTC initiative, focused on fintech innovations, sought public comments on the main principles of the…

Tornado.cash has launched complete immutability for its smart contracts, despite the potential security risks. 381 Total views 27 Total shares Fledgling Ethereum anonymization protocol Tornado.cash has launched completely immutable smart contracts — rendering the protocol “unstoppable” from May 21.While the project has extolled the virtues of immutability and declared that “code is law,” many within…

Major Russian bank VTB uses a central bank-backed blockchain to issue bank guarantees to local cellular network giant MTS. 906 Total views 8 Total shares VTB, the second largest bank in Russia after Sberbank, has piloted a new blockchain-based system to issue bank guarantees.According to an official announcement on Dec. 16, VTB provided a blockchain-enabled…