Institutional investors have raised bullish rates on bitcoin futures at the Chicago Mercantile Exchange (CME) to record levels, CoinDesk writes, citing a Friday report by the U.S. Commodity Futures Trading Commission (CFTC). During the week ending October 13, the volume of…
Large communities whose users are interested in cryptoeconomics believe that Bitcoin has reached a point from which it has become attractive to institutional investors.such an opinion is held by LinkedIn, Twilio, BessemerVentures, Twitch, Pinterest, Investor. Recent weeks, indeed, indicate in favor…
Euro Pacific Bank, co-owned by famous gold supporter and Bitcoin opponent Peter Schiff, has become a defendant in the money laundering case of criminal syndicates in Australia and other parts of the world. This was reported by the local news portal…
According to Dan Tapiero of the New York fund DTAP Capital, traders and investors may face a supply deficit in the BTC market as large companies begin to increase their crypto reservesBitcoin deficiency is possible.Barry Silbert’s Grayscale Investments Trust is accumulating…
In 2020, several events occurred at once, shocking the global economy and impacting on Bitcoin. At first, cryptocurrencies showed the property of risky assets. Then they began to show a similar dynamics with gold, which grew in price amid geopolitical instability.…
Cryptocurrency Exchange Binance announced the successful conduct of the thirteenth quarterly burning of 2.2 million BNB coins worth $6 8 million.The exchange said that over the last quarter, 2, 2 5 3,0 2 1 BNB were destroyed, as well as 867…
Over the past few days, the correlation of Bitcoin and the US stock indicator S & P 500 has intensified again. This is an alarming trend, according to analysts of the Sentiment team.Their report says that now the US market is…
Galaxy Digital intends to enter one of the important sectors of the cryptocurrency industry and begin to offer financial services to Bitcoin miners.In an interview with The Block, Ian Taylor said the company intends to create a single window of financial…
The new direction in Galaxy’s activities is being formed against the background of the growing ambitions of American companies to occupy their niche in the mining market and compete with such large players as Bitmain. One of them is Foundry, a…
Chinese miners are flocking to Sichuan province in search of cheap hydroelectric power – now the country has a rainy season, during which its costs are three times lower than during the dry season. Many Chinese miners, who control most of…
Despite the unstable situation in the market, cryptocurrencies are steadily gaining popularity. Now many not only know what cryptocurrencies are, but also actively use them.However, at the same time as popularity, rules appear. Most large cryptocurrencies are already regulated in a…
Mining giant Bitmain has reported a large decrease in mining capacity over the past 16 months.For example, the share in the bitcoin hashreat decreased to about 29%. At the beginning of the year, mining pools of the company controlled more than…