Spot Bitcoin ETFs see record inflows post-July 4 dip

Bitcoin price fell short of reaching $20,000, but record high open interest on BTC futures shows pros are still bullish. 1904 Total views 12 Total shares Bitcoin (BTC) price failed to blast through the $20,000 level this week but multiple records related to volume and open interest were made on the way up to $19,484.…

Crypto debit cards continue to catch on as an Australian digital assets start-up gets approval from Visa to release a spending card down under. 482 Total views 7 Total shares Global payment giant Visa is moving forward with its commitment to digital currency adoption by approving the issuance of a new Bitcoin (BTC) debit card…

Mastercard keeps its focus on the digital asset industry, echoing moves by its main competitor, Visa. 1021 Total views 54 Total shares International payments giant Mastercard continues focusing on the digital asset industry by welcoming a batch of major cryptocurrency startups in its fintech accelerator.The company announced Tuesday a new startup engagement program as part…

Canada-based blockchain and crypto company DMG Blockchain Solutions Inc. (DMG) has announced the development of a global supply chain management platform for the legal cannabis industry, according to an announcement published Oct. 17.As reported by Canada’s national public news and information service CBC, the country’s government officially legalized recreational marijuana as of today. Cannabis was…

The United States Securities and Exchange Commission filed a lawsuit against Binance along with its U.S. platform and CEO Changpeng Zhao on June 5 in a Washington, D.C. federal district court for allegedly violating securities laws and offering unregistered securities. The U.S. regulator has accused the crypto exchange of offering unregistered securities in the form of…

Tether has reacted to lawmakers' requests for DOJ action over its stablecoin use, claiming it wants to be a "world class partner to the U.S." Tether, the company behind the stablecoin Tether (USDT), disclosed letters directed to U.S. legislators, addressing requests for intervention by the Department of Justice in relation to the illicit use of

Cryptocurrency exchange HitBTC has denied allegations that it froze Brazillian investment startup Atlas Quantum’s funds, claiming the evidence is forged.Atlas Quantum claims the exchange froze $20.7MIn a Twitter argument which began on Oct. 2, the exchange said it had no record of blocking the accounts of Atlas Quantum. The latter had alleged in a video on…

CSOP’s new inverse Bitcoin ETF aims to profit from BTC price declines following their successful 2022 launch of the firm’s Bitcoin Futures ETF.

Naspers, the largest shareholder of Chinese Internet giant Tencent, participated in a $15 million investment in blockchain game developer Immutable. Key investorsImmutable, a Sydney-based blockchain gaming startup, completed a new funding round led by Naspers and Mike Novogratz's crypto investment bank Galaxy Digital, the company announced in a blog post on Sept. 23.As reported by the…