Over 600 firms reveal billions in combined investment in Bitcoin ETFs

Cryptocurrency exchange Binance has launched a dedicated exchange-traded product (ETP) for Binance Coin (BNB) on a Swiss Stock Exchange.Binance Coin goes after pro investorsIn a press release seen by Cointelegraph on Oct. 15, Binance confirmed the BNB ETP would trade on the SIX Exchange from Tuesday.The ETP comes via a partnership with Amun, a local…

During the debate, Schiff said that “in reality, Bitcoin and gold have absolutely nothing in common” as gold has value due to its metallic properties while Bitcoin is just a “giant pump and dump. ” 433 Total views 202 Total shares Gold proponent and crypto skeptic Peter Schiff has been crowned the winner of a…

The House Financial Services Committee has raised concerns over the use of cryptocurrencies to fund domestic terrorism in the United States.In a Jan. 15 hearing, the FSC Subcommittee on National Security, International Development and Monetary Policy has examined how U.S. financial institutions can combat domestic terrorism, extremism and acts of hate.Titled “A Persistent and Evolving…

The increasing institutional interest in Bitcoin is “not hard to see” as U.S. regulators green light custody this week. 1920 Total views 19 Total shares Bitcoin (BTC) will pass $20,000 if United States banks invest even 1% of their assets, one analyst believes.Discussing institutional uptake of Bitcoin on July 23, Capriole digital asset manager Charles…

Block.One, the firm behind the EOS blockchain and token, proposed a major change to the network’s resource allocation system that would require users to rent network resources.According to a blog post published by Block.One on Dec. 21, the proposed changes aim to avoid network congestion caused by the inability to employ unused Central Processing Unit…

In explaining his decision to leave Meta, David Marcus said that his entrepreneurial DNA had been nudging him “for too many mornings in a row to continue ignoring.” 181 Total views 34 Total shares David Marcus, the head of Meta’s cryptocurrency and fintech unit Novi, will step down from his role by the end of…

Roger Ver said that Ethereum, not Bitcoin, will lead the most new users to crypto. Early Bitcoin (BTC) investor and Bitcoin Cash (BCH) advocate Roger Ver claimed that Ethereum, not Bitcoin, will be responsible for driving the bulk of new users towards crypto. On a May 31 episode of the Show Me The Crypto podcast, Ver…

The New York Attorney General’s Office has reported that Ifinex is cooperating in producing documents regarding Bitfinex and Tether’s business relations from April 2019. 1199 Total views 4 Total shares The Office of the New York Attorney General, or OAG, has requested a deadline extension for iFinex Inc — the parent company of both crypto…

Senator Chuck Schumer and 10 Democratic senators sided with Republicans to pass a resolution overturning an SEC rule on banks holding crypto, later vetoed by President Biden.