North America’s first Bitcoin ETF sees explosive debut with $564M in assets
The Purpose Bitcoin exchange-traded fund has been a roaring success since its debut last week.
Layer-2 race heats up as Loopring (LRC) price gains 430% in 2021
Loopring’s increasing DEX volume and token price show the project is emerging as one of the leading layer-two solutions working to address the high gas fees on the Ethereum network.
DeFi will provide good regulatory test for SEC, says Commissioner Peirce
The SEC commissioner described the DeFi space as “a work in process” but overall “alluring.”
Crossing the crypto chasm: Paving the way to mass adoption
As cryptocurrency pushes toward the mainstream, raising general public understanding is essential to gain mass adoption.
M31 Capital is looking to launch a new Bitcoin hedge fund
The M31 Capital Bitcoin Access Fund could provide institutional investors with another avenue for investing in BTC.
1 billion people will store life savings on their phone in Bitcoin by 2026 — MicroStrategy CEO
The next five years will see the first billion people opting to store their wealth using Bitcoin simply using mobile devices, says the MicroStrategy CEO.
Bitwise assets under management hit $1B, fueled by professional investors
Assets under management have doubled since the fourth quarter, highlighting growing mainstream adoption of Bitcoin and other cryptocurrencies.
State Bank of India joins JPMorgan’s blockchain payments network
A major government-owned bank, the State Bank of India, has become the first Indian bank to join JPMorgan’s blockchain network Liink.
Major Asian banks unite to form ‘multiple’ CBDC pact on blockchain
Some of Asia’s largest banking institutions are working together on a “multiple” CBDC project, designed to cross borders and navigate regulations easier than fiat.
$5.64 billion liquidated in 24 hours as Bitcoin extends losses — Is a relief rally near?
A staggering $5.64 billion worth of futures positions was liquidated in the last 24 hours as the price of Bitcoin dropped 17%.