Longing for liquidity — 5 things to know in Bitcoin this week

Bitcoin fools traders up and down as BTC price volatility accompanies the week's final US employment data release.

The HUSD team explained that the depeg was caused as they closed market maker accounts in some regions to comply with regulations. 1442 Total views 15 Total shares After recovering the HUSD stablecoin’s dollar peg, crypto exchange Huobi explained what had caused the short-term liquidity problem and assured users that it had been resolved. On Thursday,…

21Shares submitted the spot Bitcoin ETF application with Ark Investment Management in June 2021 for listing on the Cboe BZX Exchange. 382 Total views 12 Total shares The United States Securities and Exchange Commission, or SEC, has officially disapproved the application for the ARK 21Shares Bitcoin exchange-traded fund (ETF).In a Thursday filing, the SEC rejected…

Ether price has surged past $730 in a strong overnight rally, breaking out against Bitcoin. 620 Total views 5 Total shares The price of Ether (ETH) has surged past $730 for the first time since May 2018. Following ETH’s breakout, traders are becoming more optimistic in its short-term trajectory.There are two major factors behind ETH’s…

ShuttleFlow will change ownership to be operated and developed by Zero Gravity. 654 Total views 1 Total shares ShuttleFlow, the ecosystem multichain protocol operated and maintained by Conflux Foundation, also known as the Shanghai Tree-Graph Blockchain Research Institute, will shut down after two years. The ShuttleFlow technology stack will instead be transferred to Web3 studio Zero

Cryptocurrencies have gone a long way since the day when, nine years ago, Laszlo Hanyecz had paid 10,000 bitcoins for two large Papa John’s pizzas, marking the first purchase of tangible goods for digital money. Although bitcoin is still far from being universally accepted by retailers, thousands of merchants around the world are taking crypto in…

The Global Blockchain Business Council believes the pandemic has shone a light on many systemic inefficiencies that blockchain technology can solve. 696 Total views 29 Total shares The Swiss-based non-profit blockchain industry association, the Global Blockchain Business Council (GBBC), believes that the crises resulting from the coronavirus pandemic have highlighted the benefits of distributed ledger…

It’s not expected to come into force until 2025, but new publications from the FCA and BOE shed light on regulators’ thinking. 129 Total views 1 Total shares A suite of documents was published in the United Kingdom on Nov. 6 that concern stablecoin regulation. The Financial Conduct Authority (FCA) released a discussion paper, as

The A’s become the first team in Major League Baseball to sell tickets for cryptocurrency. 1955 Total views 17 Total shares Major League Baseball team Oakland Athletics has sold their first crypto-purchased season ticket less than three weeks after first offering them.The Oakland A’s, as they’re colloquially called, introduced an offer on March 15 enabling…