US Bitcoin ETFs raked in $1.1B this week, most since mid-July

Bitcoin (BTC) has been the most interesting asset over the last decade and on-chain analytics can prove such a statement. Since its inception, and until the first quarter of 2020, Bitcoin has increased over 1,000,000% in value, climbing from $0.05 to around $10,000. However, it is also true that Bitcoin, or any other cryptocurrency for…

Stephen Roach, a faculty member at Yale University and former chairman of Morgan Stanley Asia, believes that the supremacy of the U.S. dollar is likely to be challenged and the greenback could decline by as much as 35%. This impending dollar weakness could benefit gold and cryptocurrencies.Several large traders have been accumulating Bitcoin (BTC) and…

United States-based crowdfunding platform SeriesOne has partnered with security token protocol platform Polymath, according to a press release published on March 19. The new partnership intends to create a digital securities offering ecosystem via the SeriesOne platform.According to the press release, the partnership between SeriesOne and Polymath will let token issuers create and manage regulatory-compliant…

Huobi co-founder Leon Li reportedly informed about his decision to other backers of the company in a July shareholders meeting. 194 Total views 3 Total shares Leon Li, the co-founder of global crypto exchange Huobi, is reportedly in talks to sell the majority of his stake in the company that could be valued at over…

On May 20, reports indicated that Satoshi Nakmato may have reactivated himself in order to move 50 Bitcoins (BTC) first mined back in February 2009. Upon further research, it was discovered that these were not just any Bitcoin. They are Bitcoin that Dr. Craig Wright himself has laid claim to.Transactions in questionThe transaction in question…

Institutional inflows have declined 59% this past week, but AUM is at an all-time high. 2235 Total views 18 Total shares According to digital asset investment manager, CoinShares, institutional demand in the U.S. has declined slightly however European funds are still buying.According to Coinshares’ March 22 Fund Flows Weekly report, combined flows into institutional crypto…

Famous emerging markets investor Mark Mobius believes that Bitcoin (BTC) needs to be backed by gold to have any value.Crypto and blockchain are “very risky situations”Mobius, founder at frontier markets asset manager Mobius Capital Partners, expressed concerns over risks associated with cryptocurrencies and blockchain tech in an interview on Squawk Box on Sept. 5.When CNBC’s…

Hyperliquid, a blockchain network specializing in trading, has increased margin requirements for traders after its liquidity pool lost millions of dollars during a massive Ether (ETH) liquidation, the network said.  On March 12, a trader intentionally liquidated a roughly $200 million Ether long position, causing Hyperliquid’s liquidity pool, HLP, to lose $4 million, unwinding the