Bitcoin (BTC)

The new development means that the fund is now required to file the 10-Qs and 10-Ks reports on a quarterly and annual basis, respectively.Digital assets manager Grayscale has announced that its Large Cap Fund is now an SEC reporting firm. The company had in May filed for the United States Securities and Exchange Commission’s approval of the fund. The Large Cap Fund includes six major cryptocurrencies including Bitcoin (BTC), Bitcoin Cash (BCH), Cardano (ADA), Chainlink (LINK), Ethereum (ETH),...

With bitcoin’s price correcting in the past few months, the usage of the network has also declined substantially. The estimated daily USD transaction value on the blockchain, the number of transactions, the on-chain activity, and miners’ revenue have all dropped since their respective peaks earlier this year. Transaction Count and USD Value Drop According to data from Blockchain.com, the daily confirmed transactions on the world’s largest blockchain have seen a massive...

CryptoPotato had the opportunity to host a discussion with Lennix Lai – the Financial Markets Director at OKEx. Established in 2017, OKEx is one of the leading cryptocurrency exchanges in the world by means of trading volume and is also a big player in China. We took the opportunity to discuss, first hand, what’s currently going on in the market from both a retail and institutional perspective, as well as what’s actually happening in China. $60K Bitcoin In...

Although the CEO warned that anything could happen, he believes that the total 40,000 GBTC to be unlocked soon would not really affect Bitcoin.The CEO of FTX Sam Bankman-Fried has said that the unlocked Grayscale Bitcoin Trust (GBTC) shares which could be sold sometime soon, may not affect the price of Bitcoin. According to the crypto derivatives exchange CEO, the possible GBTC push into the secondary market “does not matter much” for Bitcoin.In a recent tweet, Bankman-Fried said that there...

After the Bitcoin and Ethereum Trusts, Grayscale’s Digital Large Cap Fund has also filed and been approved to become an SEC-reporting product. Additionally, the largest digital asset manager has filed three more Registration Statements with the Commission. Grayscale Investments, the large cryptocurrency asset manager, filed a Registration Statement on Form 10 with the Securities and Exchange Commission earlier this year. The company announced on July 12th that the application...

« Alors que pendant des siècles la monnaie a été la propriété totale et sans condition des Etats et des souverains, le bitcoin semble laisser d’autres ouvertures. Et si une scission entre pouvoir politique et pouvoir monétaire apparaissait ? Comment les États pourraient-ils se réinventer pour ne pas subir ce changement de plein fouet ? Un monde pluri-monétaire, bitcoin en tête, serait-il viable ? » Réalisation : Richard Détente pour Grand Angle Crypto

Hive Blockchain Technologies Ltd, the cryptocurrency mining firm that went public in 2017, has purchased more than 3,000 mining devices. The machines, MicroBT WhatsMiner M30S, should increase the firm’s overall Bitcoin hash rate by nearly 50%. HIVE Buys 3,019 Miners The company announced its latest purchase in a press release on July 12th. The equipment will be put to work shortly with an aggregate hash power of 264 Petahash per second, which should increase the overall BTC...

JPMorgan pinpoints Bitcoin (BTC) illiquidity, volatility, and social skepticism as “limitations on its potential as a medium of exchange” in El Salvador.JPMorgan Chase & Co (NYSE: JPM), has said headwinds are due for El Salvador recently pronounced Bitcoin Law. Authored by Steve Palacio, Joshua Younger, and Veronica Mejia Bustamante, the bank’s report was released on Thursday.Details state that Bitcoin has $40-$50 billion daily trading volumes but that most of these are internalized by...

The trading volumes remained low during the weekend once again, but bitcoin jumped by more than $1,000 in a day to a high of around $34,700. The alternative coins have also bounced off and reclaimed some ground, with BNB exceeding $330 and XRP spiking by 5%. Bitcoin Tops $34K Despite Minimal Volume The scenario in the past two weekends was quite similar, and we didn’t see much going on. As a result, the trading volume reached multi-month lows, according to data from...

Stellar lumen price tested the $0.2320 support before correcting higher against the US Dollar. XLM price is now facing resistance near $0.2550 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $0.2480 on the 4-hours chart (data feed via Kraken). The pair is likely to start a steady increase if there is a break above the $0.2550 resistance. Stellar lumen price is facing hurdles near $0.2500 and $0.2550...