JPMorgan analysts have raised concerns about the sustainability of the $12 billion year-to-date inflow into crypto assets, given the current high bitcoin prices relative to production costs and gold. The substantial inflows this year have been primarily driven by spot bitcoin exchange-traded funds (ETFs). However, much of this inflow represents a shift from crypto wallets…
The Douglas County Sheriff’s Office has alerted Minden, Nevada, residents to a scam involving threatening emails aimed at extorting money through bitcoin. The emails claim to possess personal details such as the victim’s home address, phone number, and internet browsing history. The scammer threatens to expose the victim’s browsing history unless a ransom is paid…
The CIO of Bitcoin asset manager Bitwise claims the “most powerful people in finance” are buying Bitcoin and crypto. He says nearly 70% of top financial advisors at a recent summit owned Bitcoin and crypto personally… » …Read More
On Monday, unlike their ethereum counterparts, spot bitcoin exchange-traded funds (ETFs) witnessed outflows totaling $168.44 million. The primary contributors to this decline were three funds, with Grayscale’s GBTC taking the lead in outflows. 3 Leading Bitcoin ETFs Experience Major Outflows Grayscale’s Bitcoin Trust (GBTC) experienced a significant outflow of $69.12 million… » …Read More
The South African decentralized cross-asset marketplace Mesh.trade has facilitated a $1.64 million (ZAR30 million) capital raise for a reverse mortgage provider. The capital raise allows the provider to offer homeowners the potential for lucrative returns while they remain in their homes. Regulated Alternative Capital Raising Platform The decentralized cross-asset marketplace… » …Read More
It’s 2024 and there’s a new mystery surfacing around Bitcoin’s creator Satoshi Nakamoto – this time relating to his mining activity in 2009… » …Read More
Mox, a Hong Kong virtual bank owned by Standard Chartered, launched Bitcoin and crypto ETF trading. This makes Mox the first virtual bank in Hong Kong to offer such product… » …Read More
In an interview with Phaver’s CEO Joonatan Lintala and Ecosystem CFO Tomi Fyrqvist, we explore how this Web3-powered social platform aims to revolutionize social media by integrating blockchain technology and token-based incentives. Phaver’s Decentralized Social Media Puts Users in Control Phaver is a decentralized social media platform that integrates Web3 technologies… » …Read More
According to information from the Salvadoran Ministry of Foreign Affairs, Compass Coffee, a U.S.-based coffee company, has completed an international purchase of Salvadoran coffee using bitcoin. Jorge Cruz, the Salvadoran counterpart in this transaction, explained that he received the payment in less than 10 minutes, bypassing the need for intermediaries in these deals… » …Read More
The U.S. Securities and Exchange Commission (SEC) is seeking public input on a proposal by Cboe BZX Exchange to add new custodians for bitcoin and ethereum exchange-traded funds (ETFs). The plan aims to enhance security by adding Anchorage Digital Bank and Bitgo alongside Coinbase as custodians for bitcoin and ether holdings… » …Read More