Hong Kong Bitcoin ETFs top $250M AUM

In a July interview with Cointelegraph, CEO Erik Voorhees described full decentralization as an “iterative process” that can take many years. 695 Total views 8 Total shares Non-custodial cryptocurrency exchange ShapeShift has completed its second airdrop of FOX tokens — dubbed “fairdrop” — as part of a broad decentralization pledge that was first announced in…

Trading altcoins continues to be one of the most profitable strategies in the crypto market. The highlight of this week was the MATIC (MATIC) pump and subsequent dump, which I was lucky enough to time perfectly, securing a 60% profit near the all-time high. I closed a number of positions in profit, and am still…

Some crypto analysts expect Bitcoin’s price consolidation to end based on technical chart patterns and falling exchange reserves.

Block Inc. posted $1.47B worth of profit in Q2 but BTC trading services profit only accounted for $41 million of that figure, with the firm citing price volatility and a lack of consumer demand. 276 Total views 13 Total shares Former Twitter CEO Jack Dorsey’s digital payments firm Block Inc. saw its year-on-year (YoY) profits…

Chinese cryptocurrency mining manufacturer Canaan Creative has completed a multimillion-dollar funding round, local finance news outlet Securities Times reported on March 11.Canaan, which has not officially confirmed the report, is rumored to have raised an unspecified sum from as yet unknown backers.The size of the investment, according to the Times, which cites “informed sources,” lies…

A federal judge ruled that Alex Mashinsky’s legal team’s arguments to dismiss two of his seven criminal charges were “either moot or without merit.”  120 Total views 6 Total shares Lawyers representing Alex Mashinsky, the former CEO of the crypto platform Celsius facing a criminal indictment in the United States, have lost a motion to

In January, Genesis Global Capital announced it would eliminate its crypto spot trading services “voluntarily and for business reasons” without additional details. Crypto lending firm Genesis, a subsidiary of Digital Currency Group (DCG), will stop offering spot and derivatives trading for crypto assets through its British Virgin Islands unit.According to a Sept. 14 statement from

Former PayPal and Google veteran Mike Blandina has been appointed as the new CEO of major cryptocurrency trading platform Bakkt.Following the departure of founding CEO Kelly Loeffler, who was appointed to a United States Senate seat in early December, Blandina has now been promoted to CEO position as he joined Bakkt as chief product officer…