Grayscale ETH ETF stems bleeding as activity spikes on Ethereum

Saturday, June 8 — most of the top 20 cryptocurrencies are reporting moderate losses on the day by press time, as bitcoin (BTC) falls under the $7,900 mark.Market visualization courtesy of Coin360Bitcoin is down nearly 3% on the day, trading around $7,870 at press time, according to CoinMarketCap. Looking at its weekly chart, the coin…

The hybrid console/PC will come with the Ultra blockchain-enabled gaming platform integrated into the system. Atari is the latest big name in gaming to get into the blockchain space with new functionalities on its forthcoming console.The Atari VCS was first released in 1977 to bring classics like Space Invaders and Pac Man into the home.While…

The Texas House of Representatives passed a bill to recognize cryptocurrencies under commercial law last month. 1150 Total views 4 Total shares A Texas state regulator has officially affirmed that Texas state-chartered banks are allowed to store cryptocurrencies like Bitcoin (BTC) for their customers.The Texas Department of Banking, a state regulatory agency chartering state banks…

Bitcoin (BTC) was a response to the 2008 global recession. It introduced a new way to transact without depending on trust of third-parties, such as banks, particularly failing banks that were nevertheless bailed out by government at the expense of the public. "The central bank must be trusted not to debase the currency, but the history…

The Finnish Financial Supervisory Authority published stricter rulings regarding crypto marketing. 37 Total views 1 Total shares Hot on the heels of the rising cryptocurrency hype, Finnish regulators have dropped a formal notice. On Nov. 24th, the Financial Supervisory Authority (FIN-FSA) stated:“Only registered virtual currency providers can market virtual currencies and related services in Finland.…

The ongoing coronavirus pandemic accelerates central bank digital currency (CBDC) developments, according to Deutsche Bank macro strategist Marion Laboure.In a tweet from April 3, Deutsche Bank cites Laboure’s claim that the risk of cash spreading the coronavirus further will motivate authorities to consider digital alternatives.CBDCs: a necessary response to the coronavirusAs Cointelegraph reported in mid-February,…

China’s self-regulatory bank organization the China Banking Association (CBA) will launch a blockchain-based platform to improve efficiency across the sector, participants confirmed in a statement Dec. 29.The project, formally dubbed the ‘China Trade Finance Inter-bank Trading Blockchain Platform,’ aims to use blockchain to target trade finance, transactions and other financial services.Multiple guinea pigs have signed…

International Monetary Fund managing director Kristalina Georgieva urged the public sector to “keep preparing to deploy” central bank digital currencies. 452 Total views 3 Total shares During her opening speech at the Singapore FinTech Festival, International Monetary Fund (IMF) managing director Kristalina Georgieva urged the public sector to “keep preparing to deploy” central bank digital

New York-based crypto custody startup Casa has released a new security protocol and service focused on helping people address the question of Bitcoin (BTC) inheritance.The new offering, dubbed “Casa Covenant,” was revealed in an official blog post on Oct. 21.“What happens to my Bitcoin when I die?”Casa approaches the question of Bitcoin inheritance by highlighting…