Hong Kong Bitcoin, Ether ETFs wipe 2 weeks of inflow in a single day

Transaction fees are falling rapidly on Bitcoin and Ethereum, as the coin prices of both recede from recent peaks. 6750 Total views 23 Total shares Transaction fees on Bitcoin and Ethereum have fallen by 81% and 71% respectively over the last few weeks, as the broader cryptocurrency market continues to descend from its recent all-time…

According to the trading app, it expects its Q3 2021 revenue to be lower as a result of increased crypto trading in the first quarter, driven in part by Dogecoin. 1309 Total views 1 Total shares Stock and cryptocurrency trading app Robinhood is expecting its quarterly revenue to decrease based on significantly high trading volume…

According to analysis from Edward Morra, a popular Bitcoin trader, Coinbase and Bitfinex exchange now have major buy orders above $17,200. The emergence of major buy walls is important because on Nov. 18, BTC flash crashed to around $17,222. This shows that whales are using large buy orders to defend the $17,200 support area with…

Bitcoin price drops a leg lower and stocks slump after St. Lous Federal Reserve President James Bullard signals that interest rates could rise by the end of this year. 1160 Total views 7 Total shares Bitcoin (BTC) and the wider financial markets faced a new wave of selling on June 18 following comments from James…

Most major cryptocurrencies have started the new year on a positive note. However, in the past 24 hours, the crypto markets are witnessing a sea of red. This shows that the rally has hit a roadblock, which could result in a minor correction or consolidation for the next few days.Such a move will be healthy…

The Central Bank of Russia is intending to use a local, FSB-approved blockchain for its upcoming e-mortgage project. 1161 Total views 32 Total shares The Central Bank of Russia is reportedly developing a digital mortgage platform powered by a domestically developed blockchain called Masterchain, local state-owned news agency Ria reported on May 28.According to Olga…

Revolut’s losses in 2019 surged over 200% due to investment in international expansion, Revolut founder and CEO says. Revolut, a crypto-friendly trading app and one of the biggest fintechs in Europe, reportedly tripled its losses in 2019 despite growth in revenue and new customers.The London-based company reportedly posted a total loss of more than 106…

Today's Nifty News rounds up NFT projects centered around the Winter Olympics, which began Friday in Beijing, China. The following are initiatives taken by the International Olympic Committee, or IOC, The British Olympic Association, and an independent artist leading up the 2022 games.IOC celebrates Olympic history Since June 2021, the IOC has collaborated with nWayPlay, an NFT…

A stock market recovery, investors' anticipation of upcoming US inflation data and risks to the US dollar dominance are fuelling Bitcoin’s recent price gains.