US Bitcoin ETFs see record $17B in net inflows
The consistent inflows into Bitcoin spot ETFs signal a robust and growing demand for regulated Bitcoin investment vehicles.
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Ethereum gas fees drop to lowest levels since August 2021
Data also shows that the average gas price on the Ethereum has been dropping rapidly since the start of the year, plunging from 218 Gwei on Jan.10 to 40.82 on March 9. 73 Total views 23 Total shares Gas fees for transactions on the Ethereum (ETH) blockchain have dropped to the lowest levels since August.…
Bored Ape Yacht Club NFTs catch up to CryptoPunks, flips floor price
The two most traded nonfungible token collections vie for the top spot in sales with BAYC in the lead, according to OpenSea. 1984 Total views 26 Total shares The price of the cheapest Bored Ape NFT for sale is now 53.9 Ether (ETH), or $215,067, while the minimum asking price for a CryptoPunk is 52.69…
Shanghai Man: China declares victory over crypto — Is this the end of the crackdown?
This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations. Victory for the regulatorsAfter a tumultuous summer of crackdowns, the Chinese regulators are declaring their victory in eliminating illegal cryptocurrency trading activities in the…
Bitcoin price buys time at $61K as US jobless claims hit 9-month highs
Bitcoin refuses to budge after the latest U.S. macro data, but a six-figure BTC price is waiting the wings, analysis claims.
Legislative Assembly of El Salvador approves $150M Bitcoin Trust
El Salvador's government has set aside $23.3 million toward rolling out crypto ATMs and $30 million to incentivize use of the state-backed "Chivo" wallet. 1173 Total views 39 Total shares El Salvador’s Legislative Assembly has passed legislation creating a $150 million dollar Bitcoin Trust and supporting the development of crypto infrastructure and services across the…
Congressional Research Service Examines Blockchain in Energy Sector
The Congressional Research Service has released a report that examines, among other things, the potential advantages and disadvantages of pursuing blockchain-based solutions for the energy sector.The Congressional Research Service released their findings in a report on Aug. 9, entitled “Bitcoin, Blockchain, and the Energy Sector.”In its report, the research group noted that launching a blockchain…
Congress worries crypto used to fund domestic terrorism, Capitol insurrection
U.S. Congress subcommittee says that bank reporting methods led to Capitol attack arrests but worries that Bitcoin might have helped fund the insurrection. 934 Total views 7 Total shares A U.S. Congress subcommittee is investigating if domestic extremists are turning to cryptocurrency as a source of funds for their activities.On Feb. 25, the Subcommittee on…
SEC sues Binance in US District Court for unregistered securities operations
According to the regulator, Binance failed to register as a securities exchange and operated illegally in the United States. The United States Securities and Exchange Commission (SEC) filed suit against Binance, its U.S. platform and Changpeng Zhao (CZ) in the District Court for the District of Columbia on June 5. 4.Our team is all standing by,…