European investors pour record $105B into US Bitcoin ETFs

Bitcoin (BTC) is facing difficulty breaching the $40,000 mark again after briefly crossing it on May 26. The cryptocurrency is currently exchanging hands at around the $36,000 mark, which is a 44% drop from its all-time high of $64,889 on April 14. Among others, a key difference between macroeconomic conditions affecting the cryptocurrency market as…

The Cream Finance project, a lending protocol that recently merged into the Yearn ecosystem, announced the upcoming launch of its Iron Bank feature, a name inspired by the once-popular TV show Game Of Thrones.Cream’s Iron Bank is an attempt to create a DeFi equivalent of corporate debt. The announcement, released on Thursday, explains how the…

According to an all-new report released earlier this week, banking giant JP Morgan is currently in the process of facilitating a merger of its in-house blockchain unit called Quorum with Ethereum-based software developer ConsenSys. The deal is currently under negotiation and is likely to be finalized by the end of Q3 2020.Quorum is a blockchain-based…

Approval of spot Bitcoin ETFs in the United States will likely push the country's share of crypto ETF trading volumes even higher, says a Bloomberg analyst. 601 Total views 2 Total shares The United States could make up for 99.5% of the global trading volume for crypto-related exchange-traded funds (ETF) — but only if spot…

Bitcoin has crossed the $62,000 mark for the first time since Aug. 3, and futures traders are scrambling to adjust their positions.

The long arm of the law comes for another ICO. The U.S. Securities and Exchange Commission, or SEC, publicized legal action against another 2017 Initial Coin Offering, or ICO. Boon.Tech and Rajesh Pavithran, the project's CEO, face fraud accusations from the commission, as well charges associated with securities registration, an Aug. 13 statement from the…

Blockchain tech now powers global fans to “be more than a fan” with a Visa debit card. 1357 Total views 4 Total shares Chiliz.net and Socios.com, a major industry tandem specializing in blockchain-based fan tokens, are rolling out their Visa debit card.As officially announced on Aug. 14, the Socios.com Visa debit card allows global fans…

Bitcoin (BTC) has seen an impressive rally of 44% with ten green days in a row. This rally and the substantial number of green days resulted in a sentiment shift. Practically two weeks ago, the market was comparable to a funeral, with many expecting more downside to $20,000. However, the sentiment completely shifted after the breakout…

A sustained rally in altcoins due to investor rotation into higher-risk cryptos may no longer be a feature of the digital asset markets. Bitcoin (BTC) dominance, a measure of Bitcoin's overall share of the crypto market, has been steadily rising since 2023 amid a torrent of new cryptocurrency coins and tokens. The current BTC market