Mt. Gox repayments will only cause Bitcoin sell pressure among ‘paper hands’ — Analyst

According to a JPMorgan report, spot Bitcoin ETFs have been available in Canada and Europe without drawing large investor interest. 390 Total views 1 Total shares A possible approval of a spot Bitcoin exchange-traded fund (ETF) won't be a game changer for crypto markets, although it might benefit the leading cryptocurrency, according to a report…

North America-based institutional investors tend to buy and hold cryptocurrency more than those based in East Asia, according to Chainalysis. Bitcoin (BTC) is the most popular cryptocurrency for trading in every region of the world, but North American investors are the cryptocurrency’s biggest fans, a new report says.On Aug. 6, major crypto analytics firm Chainalysis…

Alameda's investment arm, FTX Ventures, and crypto exchange FTX will reportedly continue to operate independently from each other. 166 Total views 7 Total shares Sam Bankman-Fried’s cryptocurrency exchange FTX’s investment arm has reportedly absorbed the venture capital operations of Alameda Research in response to the ongoing crypto bear market.According to a Thursday Bloomberg report, Alameda's…

A head of the Treasury would not recommend investing the retirement money into digital assets “to most people.” 319 Total views 16 Total shares The Secretary of the United States Treasury, Janet Yellen, weighed in on including cryptocurrencies in retirement plans, calling them a very risky investment that should be regulated by Congress. During an event…

Riot Blockchain is deploying its first tranche of 1,000 Antminers S19 Pros and expects its hash rate to tag 357 petahashes per second. 1083 Total views 20 Total shares Publicly-listed Bitcoin (BTC) mining firm Riot Blockchain expects to increase its hash rate by 45% after receiving 1,000 Bitmain S19 Pro Antminers.The batch of miners comprises…

After the release of a preprint report which correlates crypto code with prices, a member of the research team said the group looks toward further study in the field. 1312 Total views 45 Total shares Economic Data Science Theme researcher, Andrea Baronchelli, told Cointelegraph more research on the topic of crypto code / price correlation…

As the total cryptocurrency market capitalization dipped below $2 trillion last week, major crypto executives have been increasingly talking about a potential continuous bear market or a “crypto winter.”Contrary to the expectations of many in the crypto market, Bitcoin (BTC) failed to surge above $68,000 in 2021 and continued dropping below $40,000 in early 2022,…

Richard Byworth of EQUOS and Aleks Svetski of Amber share their thoughts on Robinhood's suspension of GameStop stock buys. 1533 Total views 7 Total shares Over the past few days, a number of stocks, such as GameStop (GME) and AMC Entertainment (AMC), have risen dramatically in price, reportedly in line with attention from Reddit users…