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Auto DraftSpot Bitcoin ETFs See Inflows Jump by 223% Amid Market OptimismAuto Draft

In a remarkable turn of events, Spot Bitcoin ETFs are witnessing a staggering 223% increase in inflows, a clear signal of growing market confidence. Amid this surge, ETFSwap (ETFS) emerges as a beacon of security, providing a trusted platform where investors can trade Spot Bitcoin ETFs thereby navigate the volatile waters of cryptocurrency with peace of mind.  Spot Bitcoin ETFs See 223% Surge In Inflows Amidst Market Volatility Fidelity topped the way for the second day in a row as...

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Bitcoin Futures Open Interest Rises by $1.3 Billion Following Fed’s Dovish Minutes

On August 22, Bitcoin futures experienced a substantial increase in open interest (OI) following the release of the U.S. Federal Reserve’s minutes from its July meeting. The OI reached $31.92 billion, marking an increase of $1.26 billion in 12 hours. Open interest is the total number of futures and options contracts traded but not yet closed out. Higher OI suggests that traders are more confident about Bitcoin’s price direction, in this case, they expect the Bitcoin price to rise. However,...

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Harris to Back Crypto Industry Growth, Says Campaign Adviser

Vice President Kamala Harris plans to support measures to help the digital asset industry grow, according to Brian Nelson, a senior campaign adviser for Harris. Nelson also serves as undersecretary for terrorism and financial intelligence at the U.S. Treasury Department. He said that Harris would support policies aimed at the development of new technologies and the field of cryptocurrencies. He said this in an interview with Bloomberg News on Wednesday at the Democratic National Convention....

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Launch a Network with Restaked Security in Minutes: Tanssi and Symbiotic Set New Ethereum Standard

Cayman Islands, UK, August 22nd, 2024, Chainwire Tanssi Foundation announces the expansion of the Tanssi blockchain infrastructure protocol to Ethereum, enabling the rapid launch of decentralized networks—also known as Actively Validated Services (AVSs)—in minutes. This expansion, driven by a strategic collaboration with Symbiotic, a leading permissionless restaking protocol, will allow developers to deploy highly customizable and decentralized networks, leveraging Ethereum’s robust...

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Italy’s Banca Sella offers Bitcoin trading to its users

Banca Sella, one of Italy’s oldest and most respected banks, has announced plans to offer Bitcoin trading to its customers via its mobile application Hype The Hype platform was developed in 2021 as a joint effort between Banca Sella Holding and Illimity Bank. Using Hype, Italian users can trade Bitcoin without going through exchanges. To ensure safe trading with no trouble, Banca Sella has restrictions on yearly bitcoin trades for its customers. With “Hype Start” status, users can transact as...

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Abu Dhabi Advances Fiat-Referenced Token Regulation with New Framework

FSRA’s latest proposals seek to regulate Fiat-Referenced Tokens (FRTs) to improve stability. FSRA will assess feedback submitted by the public until October 3 before making a final decision. The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has issued Consultation Paper No. 7 of 2024, which outlines ideas to improve its regulatory framework to support the issuance of Fiat-Referenced Tokens  (FRTs). This is an important milestone as the FSRA seeks to enhance...

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