SEC approves options for BlackRock's spot Bitcoin ETF
The SEC notice seemed to be an industry first after the commission approved the listing and trading of spot Bitcoin exchange-traded funds on US exchanges in January.
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The world could be facing a dark future thanks to CBDCs
During the financial crisis of 2007–2008, many people lost trust in traditional financial institutions and turned to alternative forms of currency, such as cryptocurrencies. It was a way for people to maintain their financial freedom and privacy in a system that had let them down. However, the rise of central bank digital currencies (CBDCs) raises…
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Programming Languages Used in Blockchain, Explained
1. First, what are programming languages for? Aside from functionality, programming languages are essential in ensuring that blockchain networks and crypto infrastructure are secure. Their role is simple: They enable computers to understand instructions. While there is some overlap in the programming languages used to develop conventional software and technology for blockchain platforms, the workflows…
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Grayscale resolves lawsuit with Fir Tree over proposed changes to Bitcoin Trust
Fir Tree hinted at potential additional litigation against Grayscale and parent company Digital Currency Group based on what its GBTC documentation may reveal. Grayscale Investments has reached an agreement with New York-based investment firm Fir Tree Capital Management over its Bitcoin Trust.According to a July 11 announcement from Fir Tree, Grayscale agreed to provide additional…
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Binance’s CZ Overtakes Bitmain Co-Founder in New Hurun Rich List
While China now has more billionaires than the United States and India combined, Binance CEO might have more money than any crypto person, a new report says.Binance CEO Changpeng Zhao has overtaken a co-founder of cryptocurrency mining giant Bitmain in the latest Hurun Global Rich List, an annual ranking of the world's biggest billionaires published…
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Even $7.9K Bitcoin Price Won’t Help Bears Ahead of $1B Options Expiry
This Friday’s Bitcoin (BTC) futures and options expiry has been causing anxiety and excitement amongst traders as the price has oscillated with no clear trend for the past 30 days. There have been moments of euphoria as the price briefly broke the $10,000 level earlier this month, but recently emotions have become slightly bearish as the…
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Genesis Capital: Institutional Activity in Crypto Up 300% in 12 Months
Bitcoin (BTC)’s rise to multi-month highs may be attributable to a significant uptick in institutional activity over the past year, according to a report broadcast on CNBC television on June 25. Data from institutional crypto lender Genesis Capital — an affiliate of Genesis Global Trading — reportedly reveals a significant increase in activity from institutional counter-parties,…
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Crypto users spent $2.7B minting NFTs in first half of 2022: Report
Over 1 million unique wallet addresses were involved in the minting process, signaling that nonfungible token market activity remained strong. 60 Total views 10 Total shares According to new market research published by blockchain data firm Nansen, crypto users spent 963,227 Ether (ETH), worth $2.7 billion, minting nonfungible tokens (NFTs) on the Ethereum blockchain in…
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‘Bull or bear market?’ Bitcoin losses from panic selling mount in 2022
Bitcoin (BTC) sellers' losses are mounting as the BTC price downturn shows that some investors are panicking at current prices.Data from on-chain analytics firm Glassnode and trading suite Decentrader shows that in January, more and more BTC entities have been selling coins for less than they purchased them.On-chain loss selling now "consistent"While no one wants…