Texas legislative session winds down with crypto bills still in limbo
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Institutional Investment in Bitcoin Futures Drops as Price Settles: CFTC
The overall institutional investment in Bitcoin (BTC) futures on the Chicago Mercantile Exchange (CME) decreased this past week, according to data published by the United States Commodity Futures Trading Commission (CFTC) on April 9.The data shows that as of April 9, institutional investors and asset managers had 244 open long positions, a decrease of 71…
Capital International Group purchases 12.2% stake in MicroStrategy
MicroStrategy is by far the largest corporate Bitcoin holder on the planet with 105,084 BTC on its books. Entities under Michael Saylor's control hold more than 111,000 BTC. 541 Total views 3 Total shares Capital International Group, a $2.3 trillion asset manager headquartered in Los Angeles, has acquired a 12.2% stake in MicroStrategy — making…
SEC asks court to consider Terraform Labs ruling in Binance case
The commission argued a summary judgment in its favor against Terra provided “further grounds” on which a judge could consider denying a motion to dismiss from Binance. The United States Securities and Exchange Commission has filed a motion in federal court asking a judge to consider a summary judgment ruling in its case against crypto
People don’t want a ‘non-uniform currency’ like Bitcoin, says Fed president
"It's going to be a dollar economy as far as the eye can see," said James Bullard. 2802 Total views 12 Total shares James Bullard, president of the Federal Reserve Bank of St. Louis, seemingly doesn’t understand why many are looking to cryptocurrency as a medium of exchange instead of a uniform currency like the…
NFT space is an exciting challenge to remain competitive, says Sean Kelly
Chibi Dinos are a collection of 10,000 unique dinosaur-themed non-fungible tokens, or NFTs. The chibis — a phrase denoting the Japanese slang word for small — have been adopted by a variety of artists to portray short, big-headed caricature figures. The chibis are unique in design and randomized in their rarity, a typical characteristic in NFT…
200 Bitcoin ATMs installed at Walmart… with plans for 8000 in total
Walmart plans to eventually install 8,000 Bitcoin ATMs in the U.S. and has installed 200 in a pilot program. 1794 Total views 44 Total shares Walmart has partnered with coin-cashing machine company Coinstar and crypto-cash exchange CoinMe to install 200 Bitcoin ATMs in its stores across the U.S. Although the pilot includes only 200 kiosks, the…
Zipmex resumes withdrawals for trade wallets
The crypto exchange said it had $48 million in exposure with Babel Finance and $5 million with Celsius — both firms faced liquidity and insolvency issues, respectively. 175 Total views 18 Total shares Cryptocurrency exchange Zipmex has resumed withdrawals from its trade wallet after two days, but said transfers, deposits and trade will continue to…
Tether plans major expansion into BTC mining with $500M investment: Report
Tether has ambitions to reach 1% of BTC mining computing power under its new CEO Paolo Ardoino. New facilities in South America will be part of the push. 246 Total views 3 Total shares Tether is planning a large-scale expansion into Bitcoin (BTC) mining, according to Paolo Ardoino, who is expected to take the helm