iShares BTC ETF investors weather major price drop with zero flows
The Bitcoin ETF from iShares saw a rough entry into the week with the asset down by 14% yet, according to market analysis — no one budged.
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Brazil to Investigate Banks Denying Service for Crypto Companies
Local authorities reopen the case against lenders who reportedly refuse to work with cryptocurrency firms. 218 Total views 2 Total shares Brazilian banks that have denied service to cryptocurrency companies are now being scrutinized by local authorities, according to a recent report from Folha de São Paulo.On May 20, the Administrative Council for Economic Defense,…
Changpeng Zhao may not leave the US pending court review, says judge
Pending a review of a motion filed by the U.S. government, the former Binance CEO will not be allowed to return to his home in the United Arab Emirates as he awaits sentencing. 69 Total views 1 Total shares Changpeng “CZ” Zhao, who pleaded guilty to one felony charge as part of a settlement with
China Walks Back Hardline Media Rhetoric Toward Crypto and Blockchain
Earlier this week, a story published by Chinese state-run media outlet Xinhua featured some pro-Bitcoin comments that referred to the flagship digital currency as being the world’s “first successful application of blockchain technology.”This latest endorsement comes against the backdrop of China’s stringent anti-crypto stance, wherein the country’s lawmakers implemented a blanket ban on its local…
Iggy Azalea's anti-scam plan: Burn her own coins
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Historic Negative Price in WTI Oil Futures Hardly Rattles Bitcoin Price
Bitcoin price saw a minor correction to $6,850 as WTI crude oil futures imploded and dropped below $0. 526 Total views 17 Total shares As reported earlier by Cointelegraph, the May 2020 Futures contract for West Texas Intermediate (WTI) Crude dropped more than 100% on Monday. At its worst the price reached negative $37.63, a…
Pakistan’s securities regulator mulls new legal framework for crypto
Pakistan wants to unlock a new era of digital finance with crypto. 1995 Total views 5 Total shares Pakistan’s government is working on a framework for regulating cryptocurrencies like Bitcoin (BTC).The Securities and Exchange Commission of Pakistan, or SECP, has published a consultation paper on regulating digital assets. Issued on Nov. 6, the paper outlines…
Our Man in Shanghai: Coinbase listing scorned, graphics cards seized, nostalgia coins rule
It was a relatively quiet week in China’s blockchain space as events were overshadowed by the surge in the BTC price and the Coinbase direct listing in the U.S. Many locals reacted with surprise to the news, showing that exposure to cryptocurrencies is still relatively isolated in the world’s most populous country. Many netizens responded…
Court partially denies Aptos Labs’ motion to dismiss Glazer’s $1 billion lawsuit
Four legal claims were dismissed by the court, while three others were allowed to proceed. 424 Total views 12 Total shares