The dams are open: Spot Bitcoin ETFs harness $20B after 4th consecutive day of inflows

Bitcoin’s bullish move above $19,300 is pulling select altcoins closer to their key overhead resistance levels. 735 Total views 11 Total shares Over the weekend Bitcoin (BTC) price made a push back above the $19,000 level as traders showed up and provided enough volume to support the surge. At the time of writing, BTC price breaking…

Russians reportedly hold about $130 billion in cryptocurrency but the government is yet to adopt crypto legislation. 103 Total views 35 Total shares The Russian prime minister declared that the cryptocurrency holdings of Russians are worth billions of dollars but the government is yet to adopt a regulatory framework for the industry.Russians collectively hold more…

The advert, which was alleged to have targeted retirees, was deemed to be misleading and irresponsible by a U.K. advertising authority. 2878 Total views 10 Total shares The United Kingdom Advertising Standards Authority has upheld a complaint lodged against cryptocurrency exchange Coinfloor for its publication of a Bitcoin (BTC) advertisement in a regional news outlet.…

A shortage of mental health services in the future could be solved with a Web3-powered mental health support network, suggests academics. 275 Total views 7 Total shares Decentralized mental health services could be the answer to the looming shortage of mental health professionals, according to professors from John Hopkins University based in Baltimore.Speaking to Cointelegraph,…

Numerous cryptocurrency media outlets have published recent reports asserting that China’s Blockchain Service Network will launch in April 2020.However, these predictions appear to be based on local reports published prior to China’s first official fatality resulting from COVID-19.China’s Blockchain Service Network commences testing in October 2019On October 15, 2019, Chinese state-operated media outlet, Xinhua news,…

“When the net flows turn positive and accelerate, this will be a strong driver for the price of Ether,” said Katalin Tischhauser, Head of Investment Research at Sygnum Bank.

This week in crypto regulation was marked by officials expressing contradictory views on how to approach digital assets. 217 Total views 12 Total shares The crypto regulation regime in any jurisdiction is an equilibrium among multiple institutional, group and personal interests of actors who have a sway over financial and monetary policies. These interests never…

CoinShares, a provider of crypto exchange-traded products in Europe, is optimistic about spot Bitcoin ETFs in the United States. 148 Total views 1 Total shares European cryptocurrency investment firm CoinShares is optimistic about cryptocurrency regulation in the United States as the firm enters the new market.On Sept. 22, CoinShares officially announced the launch of its

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision.Market data is provided by the HitBTC exchange.The recent rally in bitcoin has turned around sentiment completely. Analysts are…