Hong Kong issuer seeks spot Bitcoin ETF for mainland China
Harvest CEO believes the Hong Kong-mainland China ETF bridge program could enable crypto ETF access in mainland China.
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Bitcoin price holds $10.5K but a $30M sell wall looms overhead
According to Cole Garner, a well-respected on-chain analyst, there is a 2,800 BTC sell wall on Binance. With Bitcoin (BTC) price currently trading at $10,700, this is equivalent to a batch of sell orders worth $30 million on just one exchange.While it does not necessarily indicate that a market-wide pullback is imminent, it hints that…
Presidential Campaigns and Tiktok: Bad Crypto News of the Week
It’s been another good, stable week for Bitcoin. No big breakout yet but also no sudden collapse and a comfortable rise of around 1.6 percent. If that sounds like Bitcoin is becoming a bit predictable, don’t rest too easy. Some analysts see this sideways period as the prelude to a big move—either up or down.…
Vitalik Buterin reveals why a 51% attack on ETH 2.0 ‘would not be fatal’
A 51% attack on Ethereum 2 would not be fatal according to Vitalik Buterin, amid concerns the yETH vault could amass enough Ether to launch an attack Ethereum co-founder Vitalik Buterin has dismissed concerns that a 51% attack on Ethereum 2.0 would be ‘fatal’. The scenario emerged as a result of the burgeoning popularity of Yearn.finance’s…
Twitter CEO donates 1 BTC to Bitcoin core development non-profit
Brink, a fledgling Bitcoin non-profit outfit, got the nod from Jack Dorsey via a BTC donation. 960 Total views 7 Total shares Jack Dorsey, CEO of social media powerhouse Twitter, has donated 1 BTC to Brink, a non-profit group focused on Bitcoin’s technological framework. “Honored to have received a 1 BTC donation to our developer funding…
BingX confirms the resumption of withdrawal services following hack
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China’s Central Bank Issues Warning Against Blockchain Investment ‘Bubble’
China’s central bank, the People’s Bank of China (PBoC), has warned of “bubbles” in blockchain-related financing and investment, Reuters reported Nov. 6.The PBoC, which is known for its anti-cryptocurrency stance, has reportedly advised that the government strengthen its supervision of “speculation, market manipulation and other irregularities,” which it claims are common in domestic blockchain investment…
EOS DeFi Project Sets Up Shop on Polkadot
Equilibrium is not quite ditching EOS, but Polkadot will be its new home. An EOS-based decentralized finance project, Equilibrium, has announced its plans to develop a new interoperable protocol on the Polkadot (DOT) blockchain.The project is set to develop an independent parachain connected with Polkadot, featuring an independent utility token called EQ. It acts both…
Wu Jihan Resurfaces As Bitmain CEO After Co-Founder Is Forced Out
Bitmain co-founder and tech billionaire Wu Jihan resurfaces at the helm of Beijing-based mining giant Bitmain at a recent meeting with clients.On Dec. 10, Bloomberg reported that Wu Jihan made a public appearance at a private event last Saturday in Chengdu, capital of southwestern China’s Sichuan province, where he announced that Bitmain co-founder Micree Zhan…