Spot Bitcoin ETFs maintain positive flows for 8 out of the last 10 days
Around 80% of the past fortnight’s spot Bitcoin ETF trading days have had positive flows, despite Bitcoin seeing sideways price action.
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Australian central bank governor favors private sector crypto technology
Phillip Lowe believes that there are risks in dealing with cryptocurrency that can be mitigated by strong regulations, but the tech should be made by private companies. 105 Total views 3 Total shares Australian central bank Governor Phillip Lowe said that a private solution “is going to be better” for cryptocurrency as long as risks…
It’s stacking up: SEC to file separate charges against FTX’s SBF
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Bitcoin clings to $22K as US dollar strength rises to December levels — What’s next?
Bitcoin (BTC) fell to three-week lows on March 8 as stronger-than-expected employment data from the United States dampened risk assets.BTC/USD 1-day candle chart (Bitstamp). Source: TradingViewEmployment stats boost Fed hawks, BTC price dipsData from Cointelegraph Markets Pro and TradingView showed BTC/USD dipping to $21,858 on Bitstamp.The pair was attempting to preserve $22,000 as support at…
A key Ethereum price metric hits a 6 month low as ETH falls below $3K
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Galaxy Digital co-president explains two things deterring institutional crypto buying
With a number of mainstream entities buying into Bitcoin, what's holding some back? 2255 Total views 7 Total shares In recent months, companies such as MicroStrategy and Tesla have picked up sizable positions in Bitcoin. This trend has not yet become the norm for most companies, however. Damien Vanderwilt, co-president of Galaxy Digital, believes security…
South Africa declares crypto to be a financial product subject to financial services law
The declaration marks the beginning of the long-awaited process of regulating crypto assets, which will produce benefits such as consumer protection and AML/KYC compliance. 158 Total views 3 Total shares The Financial Sector Conduct Authority (FSCA), South Africa’s financial regulator, published a notice Oct. 19 indicating that the country’s 2002 Financial Advisory and Financial Intermediary…
Hong Kong exploring CBDC as part of fintech strategy
A new study from Hong Kong regulators is expected to present initial thoughts and findings on CBDCs during the summer of 2022. 345 Total views 20 Total shares The Hong Kong Monetary Authority (HKMA) has today released an official whitepaper exploring the potential of a retail-focused central bank digital currency (CBDC), the digital Hong Kong…