Hong Kong Bitcoin ETFs top $250M AUM

Wild volatility ensues as Bitcoin attempts to crack $20,000 and futures challenge their own record highs. 4929 Total views 23 Total shares Bitcoin (BTC) futures hit $20,000 on Dec. 1 as all-time highs finally began to convert into a new price era for BTC/USD.Data from TradingView showed Chicago Mercantile Exchange Bitcoin futures heading past the…

46-year-old New York resident Patrick McDonnell admitted to stealing funds obtained from his clients instead of investing them in cryptocurrency, Bloomberg reports on June 21.Per the report, McDonnell — who calls himself the “coyote of Wall Street” — pleaded guilty to wire fraud on Friday in federal court in Brooklyn. He allegedly declared:“I claimed to…

Cryptocurrency giant Ripple has partnered with Kyoto University and the University of Tokyo as part of its University Blockchain Research Initiative (UBRI). Ripple announced its new Japanese partnerships in a press release on July 30.Emi Yoshikawa, senior director of global operations at Ripple, noted that there is high interest in blockchain within Japanese academia:“Japan is…

Solidus Labs has raised $3 million to combat crypto market manipulation, according to a press release shared with Cointelegraph on Feb. 20.Solidus Labs is a trade surveillance firm whose team includes former Goldman Sachs fintech engineers. The company reports to helps both traditional and crypto-focused service providers foster compliance while trading digital assets.Through the recent…

“Bitcoin is for everyone. It’s important to us to build an inclusive product that brings a non-custodial solution to the global market,” the CEO said. Square Inc., the mobile payments company behind the popular Cash App, is strongly considering developing an open-source Bitcoin (BTC) wallet, signaling continued conviction in the future of digital currency payments. “Square…

Ethereum (ETH) is all set to transition to a proof-of-stake (PoS) network by Sept. 15-16 that would see an end to its current proof-of-work (PoW) chain. This event would eliminate PoW mining from the Ethereum ecosystem.The terminal total difficulty has been set to 58750000000000000000000.This means the ethereum PoW network now has a (roughly) fixed number of hashes…

There is increasingly little room for maneuver on hourly and 4-hourly charts as the week's trading comes to a close. 1938 Total views 9 Total shares Bitcoin (BTC) hovered above $43,000 on Feb. 11 as volatility waned after a fresh local peak.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewSupport and resistance zones narrowData from Cointelegraph Markets…

LocalBitcoins, a major peer-to-peer (P2P) cryptocurrency exchange, has purportedly managed to significantly cut the amount of criminal funds on its platform in 2020.The P2P platform has seen a decline of over 70% in transactions from darknet markets between September 2019 and May 2020, LocalBitcoins claims.Jukka Blomberg, chief marketing officer at LocalBitcoins, told Cointelegraph that the…

Bitcoin price shows strength as investors expect the Fed to resume printing, but a handful of global macroeconomic headwinds are still in play.