Spot Ether ETFs ‘unlikely to be dramatic’ but would get steady capital — Binance CEO
Binance CEO Richard Teng highlighted that the spot Ether ETFs could provide a stable and substantial influx of capital over time.
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Sizeable Portion of Tether’s $4.5B Growth Comes From Exchange Fiat
Tether rose quickly to $9.1 billion in 2020 as supply doubled since March, but some of that is old money being repurposed into USDT. 1644 Total views 16 Total shares Tether (USDT) recently rose through the ranks as it replaced XRP as the third highest ranked asset by market capitalization.It now sits at a total…

Bitcoin sets new 7-week high as BTC price jumps past $21K on US jobs
Just like that, BTC price action marks its highest levels since mid-September as U.S. unemployment data hints Fed rate hikes are working. 1294 Total views 10 Total shares Bitcoin (BTC) passed $21,000 at the Nov. 4 Wall Street open as bulls tackled a formidable sell wall.BTC/USD 1-day candle chart (Bitstamp). Source: TradingViewSellers move aside for…

South Korean authorities seize $160M in assets tied to Terra employees: Report
Prosecutors reportedly took control of houses and properties in an attempt to prevent former Terra employees from disposing of assets potentially connected to criminal proceedings. 646 Total views 3 Total shares Own this piece of history Collect this article as an NFTThe Seoul Southern District Prosecutor's Office has reportedly confiscated roughly $160 million worth of…

Bitcoin pro traders warm up the $24K level, suggesting that the current BTC rally has legs
On Feb. 1 and Feb 2. Bitcoin’s (BTC) price surpassed even the most bullish price projections after the U.S. Federal Reserve (FED) announced plans to raise interest rates by 25 basis points. Even though FED chair Jerome Powell told investors not to wait for interest rate cuts in 2023, during his press conference he did clearly…

BoE Governor: cryptocurrencies of today are destined to fail long term
The U.K. central bank governor believes existing cryptocurrencies will fail over the longer term due to their robust privacy features. 1294 Total views 8 Total shares Bank of England Governor Andrew Bailey thinks it is unlikely that the current generation of crypto assets lack the design and structure needed to ensure long term regulatory survival.Speaking…

Advocacy Groups Call on Congress to Stop Libra Development Until July Hearings
Over 30 advocacy groups have appeared as signatories on a request that Congress and regulators implement an official moratorium on Libra development, as per the letter published on July 2.The letter was also addressed to Facebook, with Mark Zuckerberg himself cc’d, and asked that the social media giant wait until Congress and regulators have scrutinized…

BitMEX CEO Arthur Hayes Says Bitcoin Will Test $10,000 in 2019
Arthur Hayes, co-founder and CEO of cryptocurrency trading platform BitMEX, has predicted that Bitcoin (BTC) will get back to the $10,000 price point this year. Hayes shared his predictions in a newsletter published on March 22.According to Hayes, the market recovery will begin in early fourth quarter of 2019. Hayes said:“The 2019 chop will be…

LinkedIn Report: Blockchain Developer Leads List of Most Rapidly Growing Jobs
The role of blockchain developer is the most rapidly growing emerging job in the United States, according to the 2018 U.S. Emerging Jobs report by LinkedIn released on Dec. 13.In the course of preparing the report, LinkedIn used data from its Economic Graph to analyze the positions that companies are hastily hiring for, as well…