US leads $1.35B weekly surge in digital asset inflows: CoinShares

Bitcoin’s price (BTC) broke below its 55-day support at $27,000 on May 12. In result, the two-day, 7% correction to $26,155 caused $100 million worth of long BTC futures contracts to be liquidated. However, Bitcoin margin and futures markets displayed strength during the down-move, fueling hope of a recovery toward $28,000.Regulatory pressure, stronger U.S. dollar…

Keep an eye on the lawsuit against Gemini, Genesis and Digital Currency Group, Sam Bankman-Fried’s trial, and Grayscale’s new Bitcoin ETF filing. by Editorial Staff 7 min October 21, 2023 Share Share Share Share Top Stories This Week Grayscale files for new spot Bitcoin ETF on NYSE Arca Major cryptocurrency investment firm Grayscale Investments has

Litecoin's privacy feature testnet returns as news emerges that Europol sees privacy and coin mixing technologies as major digital threats 2021 Total views 4 Total shares Litecoin (LTC) has relaunched its MimbleWimble testnet — a protocol designed to enhance privacy and obfuscate the traceability of distributed ledger transactions.MimbleWimble is a modified implementation of the proof-of-work…

More than 8.4 million email addresses were on the waitlist for Coinbase NFT, with the project saying it would be available to everyone over 18 years old “in the coming weeks.” 260 Total views 5 Total shares Crypto exchange Coinbase’s nonfungible token (NFT) marketplace has moved into beta more than six months after the company…

At Vanity Fair’s New Establishment Summit, Coinbase CEO Brian Armstrong said that Coinbase has generated close to $2 billion in transaction fees since it launched in 2012.On Oct. 23, the co-founder and CEO of major United States cryptocurrency exchange and wallet provider Coinbase told Vanity Fair that technology has always been the focus of Coinbase,…

Bitwise has launched a new ETF offering exposure to the top publicly-listed firms operating in the blockchain and crypto industries. 7085 Total views 13 Total shares Bitwise Asset Management has announced the launch of its Crypto Industry Innovators exchange-traded fund, or ETF.Unlike the numerous proposals for Bitcoin and cryptocurrency ETFs offering direct exposure to digital…

According to former CFTC Commissioner Sharon Bowen, the U.S. is behind other nations working on a CBDC. 1083 Total views 4 Total shares Sharon Bowen, a former Commissioner at the United States Commodities Futures Trading Commission, today said that the U.S. was falling behind other nations that are working on a central bank digital currency,…

Revolut’s suspension of cryptocurrency services in the United States will affect 1% of their total global user base, the firm said. 475 Total views 2 Total shares Cryptocurrency-friendly trading neobank Revolut is wrapping up its crypto services in the United States amid the ongoing regulatory uncertainty.Soon after announcing a partial delisting of certain digital assets…

Witnessing the crypto crashes over the past several weeks from a front-row seat, Bitpanda made the “tough decision” of cutting down its employee headcount to roughly 730 people. 484 Total views 13 Total shares Austrian crypto and stock trading platform Bitpanda joins the growing list of companies to announce a mass layoff as it aims…