Institutional crypto OTC volumes double in 2024 on Trump win, ETFs: Finery

Bitcoin (BTC) has recorded its biggest mining difficulty drop of nearly 28% on July 3, but one model suggests that the BTC price will not bottom until October.In a series of tweets on July 2, investment manager Timothy Peterson flagged the relationship between Bitcoin price and hash rate as arguable evidence that the dip is…

There’s no denying that over the past couple of years, the narrative that Bitcoin (BTC) consumes too much power has continued to garner an increasing amount of mainstream traction. However, what sometimes gets ignored is that in recent months, an increasing number of Bitcoin miners have moved toward the use of power sources driven primarily…

Research firm CB Insights and Blockdata, the data company acquired by CB Insights in September of this year, have unveiled their first-ever annual “Blockchain 50” list, which consists of 50 private companies applying or analyzing blockchain technology to solve business- or consumer-related problems across various industries.Jonathan Knegtel, CEO and co-founder of Blockdata, told Cointelegraph that…

The troubled firm is also acting as the liquidity provider of Grayscale Bitcoin Investment Trust. 385 Total views 2 Total shares According to a new tweet by Genesis Global on Nov. 16, the institutional crypto lender said it would “temporarily suspend redemptions and new loan originations in the lending business.” In explaining the decision, the…

Recently Hiromi Yamaoka, the former head of payments and settlements at the Bank of Japan, said that Facebook’s Libra has forced central banks to research and consider issuing central bank digital currencies (CBDC). Currently China is leading the race in developing a CBDC but it appears that other nations are now attempting to play catch…