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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Synthetic FAANG stocks are trading in DeFi — but do gas fees make them uncompetitive?
Sky high gas prices may make synths more costly than the real thing. 814 Total views 9 Total shares Decentralized finance protocol Kwenta has launched a series of synthetic tokens for popular stocks — but current gas prices could make trading them more expensive than buying the real thing.In a blog post on April 23,…

China Now Downplaying Blockchain Could Be Social Construct to Build It Up
China has led the way in terms of harsh regulations to quash cryptocurrencies like Bitcoin. They were the first country to institute blanket bans on ICOs and exchanges, and have never taken to the decentralized and liberal freedoms that comes from cryptocurrencies. However, that does not mean that China is opposed to the potential revolutionary…

The Modern Great Game — Facebook’s Libra Project
Since Facebook’s digital currency project, Libra, was announced in June, there has been a growing chorus of central bankers and policy makers pushing back against its ambitions. Germany’s Vice Chancellor Olaf Scholz and France’s Finance Minister Bruno Le Maire have both, separately, made it clear that they are not impressed with Libra and that the…

Crypto traders gamble $1.5M on Bitcoin ETF approval results
Redditors reacted to the betting, with one saying they were about to lose their kid’s college fund, while another described the bet as “putting up dollars to win dimes.” 5544 Total views 3 Total shares As the crypto community eagerly awaits the United States Securities and Exchange Commission’s (SEC) decision on spot Bitcoin (BTC) exchange-traded

Canadian crypto exchanges reach $1B in assets under management
WonderFi is currently one of the largest digital asset operators in Canada. Bitbuy and Coinsquare, two of the largest crypto exchanges domiciled in Canada, have surpassed $1 billion CAD in assets ($736 million) under management.According to the Dec. 6 announcement by parent company WonderFi, the two entities currently hold $1 billion CAD in clients' cash

Bitcoin drops to $46K, altcoins sell-off as report claims Binance is under investigation
News that Binance could be under investigation by the U.S. Justice Department and IRS triggered a marketwide sell-off that saw Bitcoin's price drop to $46,000. 3025 Total views 13 Total shares Within the last hour, Bitcoin's (BTC) price dropped by more than 3%, extending the decline that started on May 12 and saw the digital…

India’s crypto unicorn CoinDCX has no immediate plans for IPO
CoinDCX reached a $1.1 billion valuation by raising $90 million in a Series C funding round in August. 376 Total views 20 Total shares India’s largest cryptocurrency exchange, CoinDCX, has no immediate plans for a public listing as the regulatory environment in the country remains uncertain.CoinDCX has no definitive route or clause as to when…

Coinbase, Ripple Leave Top 10 of LinkedIn’s ‘Hottest’ Startups List
Cryptocurrency exchange Coinbase and Ripple, the blockchain startup behind XRP, have fallen out of the top 10 of this year’s business and employment-oriented service Linkedln’s “The 50 hottest U.S. companies to work for” list.According to the new LinkedIn’s list published on Sept. 4, Ripple moved to the 28th place (was seventh in 2018) while Coinbase’s…