Bitcoin bulls are holding on to the $55,500 support, but an increase in futures open interest and a death cross on the BTC chart have traders worried that further downside is in store. Source: https://cointelegraph.com/news/price-analysis-8-16-btc-eth-bnb-sol-xrp-doge-ton-ada-avax-shib?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: August 2024
BlackRock Overtakes Grayscale in Crypto ETFs AUM
In a significant shift within the crypto ETFs market, BlackRock (NYSE:BLK) has overtaken Grayscale in assets under management for publicly-listed crypto products. This change, noted by James Butterfill, Head of Research at CoinShares, highlights the growing dominance of traditional financial giants in the rapidly evolving cryptocurrency space. The competition between these two titans is reshaping the landscape of crypto ETFs,…
VC Roundup: Crypto fundraising grows, but investors are more wary
This edition of Cointelegraph’s VC Roundup features Parfin, Andrena, Blockscout, and Cartridge. Source: https://cointelegraph.com/news/vc-roundup-crypto-fundraising-grows-investors-more-wary?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
As Governments Embrace Bitcoin, Could It Become a Privacy Threat?
Bitcoin has become a hot topic ahead of the U.S. election following Donald Trump’s recent endorsement of the cryptocurrency. And part of the Republican Party’s crypto embrace hinges on central bank digital currencies (CBDCs)—the dangers to financial privacy they may pose and how to stop them. But what if Bitcoin presented the real privacy threat? Its most privacy-focused proponents believe…
Flexa Unveils Crypto Payments Tool for Seamless Use
Flexa, a leading digital payments platform, has unveiled its latest innovation: Flexa Components. This new tool aims to simplify crypto payments for merchants, allowing for direct, fee-free transactions through digital wallets. As the use of cryptocurrencies continues to grow, Flexa is positioning itself at the forefront of this trend, offering businesses an easy way to integrate crypto payments into their…
Germany’s Information Security Office champions hardware wallets
According to a recent Chainalysis report, thefts resulting from crypto hacks and exploits have totaled $1.58 billion in 2024. Source: https://cointelegraph.com/news/germany-information-security-office-champions-hardware-wallets?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bybit receives VASP, card operator registration in Argentina
Bybit’s registration as a Virtual Asset Service Provider was made possible by a law passed in July. Source: https://cointelegraph.com/news/bybit-vasp-registration-argentina?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Goldman Sachs, Capula, Avenir were biggest BTC ETF buyers in Q2 — CoinShares
The companies collectively purchased nearly $1.3 billion worth of Bitcoin ETF shares during the quarter. Source: https://cointelegraph.com/news/goldman-sachs-capula-avenir-biggest-btc-etf-buyers-q2-coin-shares?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Restaurant Loyalty Programs Evolve with Crypto
In the ever-evolving world of restaurant technology, Ben Leventhal, a pioneer in foodie culture and tech-driven dining experiences, is leading the charge with his latest venture: Blackbird Labs. Blackbird is revolutionizing restaurant loyalty programs by integrating cryptocurrency into the dining experience, offering a fresh approach to how restaurants reward their most loyal customers. As the app approaches its one-year mark,…
Blackrock Edges Closer to Surpassing Grayscale in Onchain Crypto Assets
According to data gathered by Arkham Intelligence, Blackrock’s onchain assets are inching closer to outpacing Grayscale’s crypto holdings. As of Friday, Grayscale’s onchain value stood at approximately $21.33 billion, while Blackrock’s portfolio was around $21.02 billion. Grayscale Faces Fierce Competition as Blackrock’s Onchain Assets Climb Blackrock’s collection of onchain digital assets is nearing a point […] Source: https://news.bitcoin.com/blackrock-edges-closer-to-surpassing-grayscale-in-onchain-crypto-assets/