Spot Ethereum ETFs flip positive after $34M inflow on July 30
Daily flow into Ether ETFs has turned up positive for the first time since launch day, reversing a trend of outflows that saw $547 million leave the funds over the past four days.
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Bitcoin price holds its ground in the wake of CFTC case against Binance
The price of Bitcoin (BTC) fell 3.6% to $26,900 after Binance and CEO Changpeng "CZ" Zhao were sued by the United States Commodity Futures Trading Commission (CFTC) on March 27. To date, Binance has been investigated by the CFTC, the US Securities and Exchange Commission (SEC), the Internal Revenue Service and federal prosecutors.The Bitcoin price…
5 ways derivatives could change the cryptocurrency sector in 2022
We‘ve all heard stories of billion-dollar future contracts liquidations being the cause of 25% intraday price crashes in Bitcoin (BTC) and Ether (ETH) but the truth is, the industry has been plagued by 100x leverage instruments since BitMEX launched its perpetual futures contract in May 2016.The derivatives industry goes far beyond these retail-driven instruments, as…
Burger King Let’s You Pay Your Way in Germany — With Bitcoin
The German version of world-famous fast-food chain Burger King now accepts Bitcoin (BTC) payments in its delivery website and mobile application. Payment options on the Bklieferservice.de homepageBitcoin recently appeared among the payment options on the website of the official German Burger King delivery website and its mobile application. It is unclear, however, whether Bitcoin is also…
Celsius publishes list of users eligible to withdraw majority of assets
Eligible creditors will not be able to withdraw their funds from Celsius unless they update their accounts with AML and KYC data. 277 Total views 1 Total shares Own this piece of history Collect this article as an NFTBankrupt cryptocurrency lending firm Celsius had come up with a withdrawal process for users who had their…
Turkish finance ministry to study cryptocurrency with local regualtors
Turkey made itself a name as a crypto-friendly country with a "wait and see" approach on digital assets, but that could be about to change as the government is now ready to take things in hand.The Turkish Ministry of Treasury and Finance went to Twitter to express concerns about cryptocurrencies and to announce collaborative work…
OpenAI CEO to testify before Congress alongside ‘AI pause’ advocate and IBM exec
OpenAI CEO Sam Altman will make his first appearance before Congress on May 16 to discuss artificial intelligence (AI) regulation in the United States during a hearing on oversight. Also testifying will be IBM’s chief privacy and trust officer, Christina Montgomery — who is a member of the U.S. National Artificial Intelligence Advisory Committee — and…
Crypto inflows hit $1.98B amid post-election momentum
Cryptocurrency investors continued pouring massive inflows into digital investment products last week amid post-election market momentum. Crypto investment products saw $1.98 billion in inflows from Nov. 3–9, pushing global assets under management to a record high of $116 billion, CoinShares reported on Nov. 11. This marks the fifth consecutive week of inflows, totaling $7.7 billion
Bitcoin Hardens, Fiat Eases: 4 Things to Watch for BTC Price This Week
Bitcoin (BTC) is starting the second week of its fourth halving cycle clinging to $9,500, but what factors are weighing on the largest cryptocurrency this week?Fundamentals adapt to halvingThe start of a new week has seen Bitcoin fall back from closer to $10,000 to around $9,500, historically a focal price point. Post halving, the Bitcoin network…