Bank of England Admits Unreadiness for Britcoin’s CBDC in the UK
The British policymakers have portrayed their undecided stance on the digital pound - Britcoin. The policymakers dismissed the possibility of the rushed release of the...
Bloomberg Analyst Predicts Gold Will Outshine Bitcoin in 2024
Mike McGlone, a Bloomberg analyst has noted that Bitcoin prices may absorb negative impact from Macroeconomic dynamics. He is a senior commodity strategist for the...
WisdomTree and Invesco Reduce Fees on European ETPs
In a landmark decision, the Securities and Exchange Commission approved 11 Bitcoin spot ETF applications on 10th January 2024. Bitcoin ETFs backed by direct asset...
Crypto Fund Outflows Nearly $25M as GBTC Sales Erode Bitcoin Prices
The latest CoinShares publication reveals a rise in Bitcoin outflows in the previous week despite the trading volume for the spot Bitcoin exchange-traded funds (ETFs)...
Franklin Templeton Banks on Financial Advisors Familiarity with Spot Bitcoin ETF for Traction
Franklin Templeton has realized a slow start for its spot bitcoin exchange-traded fund (ETF), with the bulk of the billions spread to a few of...
Virginia State Proposes Bill to Protect Crypto Mining Rights
The legislators in Virginia have introduced a new bill to define rights for blockchain miners. The bill also deals with the matter of providing tax incentives...
JPMorgan Analysts Warn GBTC Profit-Taking Imposing Increased Pressure on Bitcoin Price
JPMorgan analysts are warning that the quest for profits by GBTC investors could exert increased downward pressure on the Bitcoin price. The JPMorgan analysts decry...
Chainalysis Reporting 29% Crypto Crime Decline in 2023
A recent blockchain-based analyst firm Chainalysis disclosure hails FTX for tipping the scale of the illicit crypto amount reported following the Sam Bankman-Fried conviction. Chainalysis...
Hong Kong’s VSFG to File Bitcoin Spot ETF Application in Q1 2024
Venture Smart Financial Holdings (VSFG) is a Hong Kong-based firm that is planning to launch ETF with direct exposure in Bitcoin during the first quarter...
Flowdesk Nets $50M in Series B Funding to Realize $250M
French-based crypto market maker Flowdesk announced the conclusion of a Series B round that successfully earned it $50 million. The Series B round attracted participation...