Spot Bitcoin ETF inflows surge, but BTC struggles to rally above $65K
Arbitrage trading of the spot BTC ETFs and a drop in demand for inflation hedges could be limiting Bitcoin’s price upside.
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The Philippines’ top payment provider adds crypto to its mobile app
With the new feature, PayMaya intends to make it simpler for Filipinos to learn about and use cryptocurrencies. 139 Total views 12 Total shares Philippines-based major fintech company PayMaya has reportedly launched a new cryptocurrency feature on its app, following in the footsteps of PayPal, Venmo and others.According to TechInAsia, PayMaya users will be able…
Crypto Analyst Brian Kelly: ‘No Shot’ for Bitcoin ETF in 2019
Crypto entrepreneur and regular contributor to CNBC, Brian Kelly, claimed that there is no chance for a Bitcoin (BTC) exchange-traded fund (ETF) approval in 2019. Kelly made his remarks in an interview with Cointelegraph at the Crypto Finance Conference, Switzerland, Jan. 18.Discussing the overall state of the cryptocurrency market, Kelly predicted that 2019 will turn…
Twitch co-founder raises $24M for Web3 gaming firm Metatheory
The funding round led by Web3-focused venture capital firms will be used for upcoming nonfungible tokens, comics and a play-to-earn game slated for late 2022. 339 Total views 6 Total shares Web3 gaming and entertainment company Metatheory founded by Twitch co-founder Kevin Lin has raised $24 million in a Series A funding round on Monday.The…
DeFi on Bitcoin: Jack Dorsey launches new Square division to make it ‘easy’
Jack Dorsey has outlined plans to build an open developer platform focused on creating Bitcoin DeFi services. 173 Total views 2 Total shares Square CEO Jack Dorsey has stated that the firm is building a new division that will focus on building decentralized finance services that utilize Bitcoin.Dorsey made the announcement via Twitter earlier today,…
BTC price nears $46K with Bitcoin exchange reserves lower than November 2020
It's a question of "if," not "when" for Bitcoin to see a supply shock which squeeze price action upwards, one analyst forecasts. 2100 Total views 25 Total shares Bitcoin (BTC) preserved a higher low overnight on Sept. 14 in what one analyst believes may lead to sustained recovery.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAnalyst: Time…
Untethered: Here’s everything you need to know about TerraUSD, Tether and other stablecoins
Established stablecoin trading pairs have struggled to keep stable on crypto exchanges around the world. Here are the updates as the situation evolves. 2760 Total views 2 Total shares The crypto winter could be claiming more casualties among the stablecoin camp. The de-pegging of TerraUSD (UST) on Tuesday triggered market sell-offs, and now Tether (USDT) appears…
Canada’s New AML Rules Have Room for Improvement but a Good Start, Eh?
As the world’s supervisory agencies start to heed the crypto guidelines of the Financial Action Task Force, a new regulatory landscape is taking shape within the crypto industry. The latest country to annex the FATF directives is Canada, but how will the new rules impact crypto business in the country?In a report released March 10,…
EU to use blockchain for educational and professional credential verification
The EU’s EBSI Vector project and Protokol blockchain solutions are creating a blockchain-based cross-border credential verification program for EU citizens. 54 Total views 1 Total shares The European Commission has made moves to implement blockchain technology to transform the way educational and professional credentials will be verified across borders. In an announcement on June 7,…