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13 Consecutive Week of Inflows Send Bitcoin AUM to A Record $56B and Ether’s Past $21B For The First Time

Solana, Polkadot, and XRP are also attracting inflows totaling $9.8 million, $5.2 million, and $3.1 million, respectively, with Tron the only one to record outflows. The post 13 Consecutive Week of Inflows Send Bitcoin AUM to A Record B and Ether’s Past B For The First Time first appeared on BitcoinExchangeGuide. äàëüøå »

2021-11-16 16:40


A New Option “Select NFT” Coming to Twitter, Dating App Bumble Hiring the “Head of Crypto and Web3”

Jack Dorsey’s Twitter will allow NFT profiles to be displayed in a different shape to the regular round images, found app researcher Alessandro Paluzzi. Another assessment of Twitter's code, this time by Jane Manchun Wong, showed that the social media giant would soon provide its users with a new option called “Select NFT” to update […] The post A New Option “Select NFT” Coming to Twitter, Dating App Bumble Hiring the “Head of Crypto and Web3” first appeared on BitcoinExchangeGuide. äàëüøå »

2021-11-15 20:17


SEC Rejects VanEck Spot Bitcoin ETF, But its Futures ETF Finally Coming Next Week

The US Securities and Exchange Commission (SEC) rejected rule changes that would have allowed the listing and trading of the VanEck Bitcoin exchange-traded fund (ETF). In March, the Cboe BZX Exchange filed a proposed rule change to list and trade shares of the Bitcoin Trust, but the SEC again rejected the physically-backed ETF after delaying […] The post SEC Rejects VanEck Spot Bitcoin ETF, But its Futures ETF Finally Coming Next Week first appeared on BitcoinExchangeGuide. äàëüøå »

2021-11-13 18:15


Binance and Coinbase Apply for a License in Singapore, Total Applicants Halved from Last Year

Both Binance and Coinbase’s Singapore units are among 70 applicants for a license to provide cryptocurrency services in the country. According to the central bank Monetary Authority of Singapore’s (MAS) website, the number of firms operating with an exemption while their application is processed has now declined from 170 that last year applied for a […] The post Binance and Coinbase Apply for a License in Singapore, Total Applicants Halved from Last Year first appeared on BitcoinExchangeGuide. äàëüøå »

2021-11-12 18:43


31% of Americans Between The Age of 18-29 Are Involved in Cryptocurrency: Survey

86% of American adults meanwhile are familiar with crypto — with 43% of Asian Americans have heard a lot about them compared with 29% of Hispanic and about a quarter of Black or White adults. The post 31% of Americans Between The Age of 18-29 Are Involved in Cryptocurrency: Survey first appeared on BitcoinExchangeGuide. äàëüøå »

2021-11-12 17:52


El Salvador’s Bitcoin Adoption Doesn’t Pose any Material Financial or Market Risk to Banks: Fitch Ratings

The rating agency recommended that financial institutions follow additional regulatory guidelines and policies to put barriers to entry to participate in the crypto market. The post El Salvador’s Bitcoin Adoption Doesn’t Pose any Material Financial or Market Risk to Banks: Fitch Ratings first appeared on BitcoinExchangeGuide. äàëüøå »

2021-11-12 16:56


USDC Issuer Circle Launches Venture Arm, Announces Expansion and Investment in Singapore Market

Singapore’s central bank head meanwhile warned retail investors that it “frowns” on crypto “as an investment asset” for them because their prices are “not anchored on any economic fundamentals.” The post USDC Issuer Circle Launches Venture Arm, Announces Expansion and Investment in Singapore Market first appeared on BitcoinExchangeGuide. äàëüøå »

2021-11-11 20:39


2.8 Million Coinbase Users Earnings Yield on Crypto with ETH2 Staking, Driving 109% Surge in Rewards Revenue

After a drop in Q3, in which users traded other cryptocurrencies more than Bitcoin and Ether, Coinbase projects retail MTUs, and total trading volume to be higher in Q4. The post 2.8 Million Coinbase Users Earnings Yield on Crypto with ETH2 Staking, Driving 109% Surge in Rewards Revenue first appeared on BitcoinExchangeGuide. äàëüøå »

2021-11-11 18:27


“We’re Not Going to Talk About” SHIB Listing, says COO as Robinhood’s Crypto Wallet Waitlist Jumps to 1.6 Million

Robinhood will not follow Coinbase in listing as many coins as they can legally for “short-term gain” as it might not be “worth the long-term trade-off” for users. The post “We’re Not Going to Talk About” SHIB Listing, says COO as Robinhood’s Crypto Wallet Waitlist Jumps to 1. äàëüøå »

2021-11-10 17:45


Popular Ethereum Dapps Coming to Solana, Reddit Cofounder Investing in Building a Social Media the Blockchain

“We are at a pivotal inflection point in these early days of Web3,” said Alexis Ohanian at Solana conference Breakpoint currently being held in Lisbon. The post Popular Ethereum Dapps Coming to Solana, Reddit Cofounder Investing in Building a Social Media the Blockchain first appeared on BitcoinExchangeGuide. äàëüøå »

2021-11-10 16:56


Mastercard Partners with a Trio of Cryptocurrency Companies to Launch Crypto-backed Cards in the Asia Pacific

The company noted that their latest move comes “at a time when interest in cryptocurrencies is at an all-time high across” the region. The post Mastercard Partners with a Trio of Cryptocurrency Companies to Launch Crypto-backed Cards in the Asia Pacific first appeared on BitcoinExchangeGuide. äàëüøå »

2021-11-10 22:10


Robinhood Reveals Security Breach that Left 7 Million Customers Data Exposed

Online brokerage app Robinhood has revealed a security breach after hackers obtained the personal information of millions of its customers. About 7 million Customers Affected by the Hack Robinhood disclosed in a statement on November 8 that the email addresses of about 5 million of its users have been exposed, while another group estimated to […] The post Robinhood Reveals Security Breach that Left 7 Million Customers Data Exposed first appeared on BitcoinExchangeGuide. äàëüøå »

2021-11-9 21:17


Privacy Browser Brave to Integrate Solana as Default Support

Brave browser is making moves to integrate the world's fastest blockchain to support its 42 million active users and 1.3 million verified creators. Brave's Integration with Solana On Monday, November 8, at Solana's Breakpoint conference in Lisbon, Brendan Eich, CEO and co-founder of Brave and Bat, and Anatoly Yakovenko, CEO and founder of Solana Labs, […] The post Privacy Browser Brave to Integrate Solana as Default Support first appeared on BitcoinExchangeGuide. äàëüøå »

2021-11-9 18:39


Swedish Financial Supervisory Authority Calls For An EU-Wide Ban on Cryptocurrency Mining

Finansinspektionen, the Swedish financial supervisory authority, has called for a ban on cryptocurrency mining due to crypto-assets, citing them to be a threat to the climate. “Sweden needs the renewable energy targeted by crypto assets by crypto-asset producers for the climate transition of our essential services, and increased use by miners threatens our ability to […] The post Swedish Financial Supervisory Authority Calls For An EU-Wide Ban on Cryptocurrency Mining first appeared on BitcoinExchangeGuide. äàëüøå »

2021-11-6 16:57


Square has “No” Plans to Expand Beyond Bitcoin to Cover Other Cryptocurrencies, says CEO Jack Dorsey

Cash App generated $1.82 bln in Bitcoin revenue in Q3, making up 47% of Square’s total sales. The company is planning to offer a pay with Bitcoin feature through the App. The post Square has “No” Plans to Expand Beyond Bitcoin to Cover Other Cryptocurrencies, says CEO Jack Dorsey first appeared on BitcoinExchangeGuide. äàëüøå »

2021-11-6 20:37


SEC Chair Calls for DeFi Projects to “Step Back” in Case of Unclarity Regarding Being A Security Or Not

Gary Gensler said they would also take “enforcement” actions against fraudsters, Ponzi scheme architects, and pump-and-dumps in the crypto space that “sends a message to the rest of the market.” The post SEC Chair Calls for DeFi Projects to “Step Back” in Case of Unclarity Regarding Being A Security Or Not first appeared on BitcoinExchangeGuide. äàëüøå »

2021-11-6 17:47


SEC Is “Going Against its Core Mission” by Not Approving A Bitcoin Spot ETF, says US Lawmakers Soto & Emmer

A physically-backed Bitcoin ETF inherently provides more investor protection than Bitcoin Futures ETF, said the Representatives Darren Soto and Tom Emmer. The post SEC Is “Going Against its Core Mission” by Not Approving A Bitcoin Spot ETF, says US Lawmakers Soto & Emmer first appeared on BitcoinExchangeGuide. äàëüøå »

2021-11-4 18:52


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Direxion Withdraws ETF to Short Bitcoin, Ether Futures ETF Expected to be Approved Next as ETH Enjoys First-ever Deflationary Week

Ether price has hit a new ATH at $4,645, up more than 530% YTD, as the supply shocks become real, making ETH scarcer amid rising demand. The post Direxion Withdraws ETF to Short Bitcoin, Ether Futures ETF Expected to be Approved Next as ETH Enjoys First-ever Deflationary Week first appeared on BitcoinExchangeGuide. äàëüøå »

2021-11-3 16:44


Australia’s Largest Bank to Allow its 6.5 Million Users to Buy, Sell, & Hold 10 Cryptocurrencies via its App

BTC, ETH, LINK, UNI, COMP, AAVE, MATIC, and other cryptos are allowed for now, with CBA planning to offer shopping with crypto next year. The post Australia’s Largest Bank to Allow its 6.5 Million Users to Buy, Sell, & Hold 10 Cryptocurrencies via its App first appeared on BitcoinExchangeGuide. äàëüøå »

2021-11-3 16:12


JPMorgan says $100k Is A “Reasonable” Bitcoin Price Target For 2022, But Won’t Recommend It As An Alternative Asset

While forecasting digital assets to outpace real estate’s gains and doubling the expected return for hedge funds, the banking giant says crypto's wild swings diminish their appeal. The post JPMorgan says 0k Is A “Reasonable” Bitcoin Price Target For 2022, But Won’t Recommend It As An Alternative Asset first appeared on BitcoinExchangeGuide. äàëüøå »

2021-11-3 15:46


Argentina Plans to Launch Bitcoin Futures While US SEC Postpones Valkyrie Spot Bitcoin ETF Deadline to Early January

Valkyrie Fund CIO says Bitcoin Spot ETF is not coming until the middle of next year as the regulator tries to “get their heads around what exactly is going on with these exchanges.” The post Argentina Plans to Launch Bitcoin Futures While US SEC Postpones Valkyrie Spot Bitcoin ETF Deadline to Early January first appeared on BitcoinExchangeGuide. äàëüøå »

2021-11-3 20:12


The Best Approach to Cryptocurrency is Not A Ban, But “Strong Regulation,” says MAS Head

To keep from being left behind, Singapore is getting a head start with its regulations so that they can be prepared “for the web 3.0 world” and be well-positioned for the “tokenized economy.” The post The Best Approach to Cryptocurrency is Not A Ban, But “Strong Regulation,” says MAS Head first appeared on BitcoinExchangeGuide. äàëüøå »

2021-11-2 18:24


Stablecoins Support “Faster and More Inclusive” Payments Options, says the Biden Administration’s Report

PWG also called for “urgent” Congressional action to regulate stablecoins to address the prudential risks posed by stablecoins. But nothing big is happening “any time soon.” The post Stablecoins Support “Faster and More Inclusive” Payments Options, says the Biden Administration’s Report first appeared on BitcoinExchangeGuide. äàëüøå »

2021-11-2 16:39


Barry Silbert’s DCG Raises $700 Million in the 2nd Largest Crypto Investment Round from Google and SoftBank

Bitcoin is “unstoppable at this point,” while 99% of crypto have no reason to exist, said DCG CEO Barry Silbert, but he’s “a believer in creative destruction,” so that's okay. The post Barry Silbert’s DCG Raises 0 Million in the 2nd Largest Crypto Investment Round from Google and SoftBank first appeared on BitcoinExchangeGuide. äàëüøå »

2021-11-1 16:37


The Wharton School to Accept Bitcoin, Ether, and USDC for its “Economics of Blockchain and Digital Assets” Program

The Wharton School at the University of Pennsylvania plans to accept cryptocurrency as tuition for its online blockchain and digital asset program, as per the announcement made this week. One of the nation’s premier business schools, the Wharton School, is launching a new online program called the “Economics of Blockchain and Digital Assets” early next […] The post The Wharton School to Accept Bitcoin, Ether, and USDC for its “Economics of Blockchain and Digital Assets” Program first appeared on BitcoinExchangeGuide. äàëüøå »

2021-10-29 20:13


Facebook (Meta) to Build ‘Privacy and Safety’ into the Metaverse from Day One and Support for Crypto & NFTs

Facebook has rebranded its name to ‘Meta’ in an effort to move beyond the social network to its virtual reality vision. Meta, as the company said, would better “encompass” what it does. “Over time, I hope that we are seen as a metaverse company, and I want to anchor our work and our identity on […] The post Facebook (Meta) to Build ‘Privacy and Safety’ into the Metaverse from Day One and Support for Crypto & NFTs first appeared on BitcoinExchangeGuide. äàëüøå »

2021-10-29 17:19


Bitcoin Tipping Makes It Easy To Transfer Value, Says Twitter CFO Who Sees Crypto As A Tool To “Facilitate Commerce”

Payments giant Visa, which also reported a record Q3 in payment volume of $2.8 trillion, said, “the boost we saw in Q3 was primarily from cryptocurrency purchases.” The post Bitcoin Tipping Makes It Easy To Transfer Value, Says Twitter CFO Who Sees Crypto As A Tool To “Facilitate Commerce” first appeared on BitcoinExchangeGuide. äàëüøå »

2021-10-29 23:31


CFTC Chair Calls for ‘Expanding’ the Agency’s Authority as ‘Nearly 60%’ of Crypto Are Commodities

Rostin Behnam, the nominee to lead the Commodity Futures Trading Commission (CFTC), wants the agency to have greater authority over the crypto market and be the “primary cop on the beat.” The CFTC is currently overseeing derivatives, but the Biden administration’s pick to head the CFTC said the explosive growth of digital tokens means their […] The post CFTC Chair Calls for ‘Expanding’ the Agency’s Authority as ‘Nearly 60%’ of Crypto Are Commodities first appeared on BitcoinExchangeGuide. äàëüøå »

2021-10-28 20:36


Valkyrie Files to Offer a Leveraged Bet on Bitcoin Futures, Direxion to Provide Short Exposure to CME Contracts

Just days after launching the Bitcoin futures exchange-traded fund (ETF), Valkyrie Investments is ready to offer amped-up returns to its users. Valkyrie (BTFD) was second to ProShares Bitcoin Strategy ETF (BITO) to the market, and now it has filed an application with the Securities and Exchange Commission to launch the Valkyrie XBTO Levered BTC Futures […] The post Valkyrie Files to Offer a Leveraged Bet on Bitcoin Futures, Direxion to Provide Short Exposure to CME Contracts first appeared on BitcoinExchangeGuide. äàëüøå »

2021-10-27 16:39


Ray Dalio Chooses a Mix of Bitcoin and Gold for a Rainy Day While BlackRock CEO & Goldman Chair Prefer USD

Facebook’s whistleblower is also invested in crypto, while SkyBridge’s Anthony Scaramucci revealed that he currently has $1 billion in Bitcoin. The post Ray Dalio Chooses a Mix of Bitcoin and Gold for a Rainy Day While BlackRock CEO & Goldman Chair Prefer USD first appeared on BitcoinExchangeGuide. äàëüøå »

2021-10-26 18:46


Dubai Financial Services Authority Releases Regulatory Framework for “Investment Tokens”

The Dubai Financial Services Authority (DFSA) has announced its regulatory framework for “Investment Tokens,” which can be securities or derivatives. The agency defines investment tokens as cryptographically secured tokens that represent rights and obligations similar to those conferred by a security or derivative or has a similar purpose and are issued, transferred, and stored using […] The post Dubai Financial Services Authority Releases Regulatory Framework for “Investment Tokens” first appeared on BitcoinExchangeGuide. äàëüøå »

2021-10-26 17:36


SEC to Gain Significant Oversight on Stablecoins, Tether to Test Notabene’s Travel Rule Solution to Comply with FATF Guidelines

The US Securities and Exchange Commission (SEC) has moved closer to having significant oversight on stablecoins, said Bloomberg in a report citing people familiar with the matter. The Treasury Department and other agencies are reportedly planning to release a report this week that will indicate that the SEC has significant authority to regulate fiat pegged […] The post SEC to Gain Significant Oversight on Stablecoins, Tether to Test Notabene’s Travel Rule Solution to Comply with FATF Guidelines first appeared on BitcoinExchangeGuide. äàëüøå »

2021-10-26 16:02


Decentralized Prediction Market Polymarket is Under CFTC Investigation: Report

New York-based decentralized prediction market Polymarket is under the scrutiny of a top Wall Street regulator. The Commodity Futures Trading Commission (CFTC) is investigating whether Polymarket is letting customers improperly trade binary options or trade swaps and if it should be registered with the agency, according to a Bloomberg report citing people familiar with the […] The post Decentralized Prediction Market Polymarket is Under CFTC Investigation: Report first appeared on BitcoinExchangeGuide. äàëüøå »

2021-10-26 20:05