Tag Archives: Bitcoin News

Hong Kong-based BTC ETFs peaked past $250 million in AUM, marking a tremendous achievement for the crypto industry in the jurisdiction. The amounts managed by BTC ETFs in the US eclipse those in Hong Kong. With crypto ETFs becoming an important narrative of the industry, those offered in the US make the news on a near-daily basis due to their popularity. Nevertheless, Hong Kong-based BTC ETFs are now breaking the news as they surpass $270 million in assets under management (AUM). While the...

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...

Babylon, a blockchain developer, is set to launch its self-custodial Bitcoin staking mainnet in just two days as part of a phased rollout. This launch is designed to leverage Bitcoin’s economic properties to strengthen the security frameworks of proof-of-stake (PoS) blockchains. It offers a new level of security for decentralized systems. The most fundamental aspect of this new system is that the user can stake his or her Bitcoin via a smart contract. This self-custodial model can ensure...

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Why have I been blocked? This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.

Why have I been blocked? This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.

The US Government transferred close to $600 million in bitcoin to a Coinbase Prime deposit wallet. Contrary to popular belief in the crypto circles, this transaction to an exchange may not imply selling activity. The US Government moved 10,000 bitcoins, worth $593.91 million, to a Coinbase Prime deposit wallet on August 14. These assets were seized from the darknet marketplace Silk Road. The wallet transferring these funds, ‘bc1qlap8hkt9genaljz5nt2zlehhudx63zlahr2zek,’ received the bitcoin...

A wallet related to BitGo conducted a test transfer on Tuesday, following which it sent all its holdings to another wallet. A user on Reddit mentioned receiving the funds owed to them by Mt. Gox through BitGo. A wallet that received over $2 billion worth of bitcoin from Mt. Gox moved a minuscule amount on Tuesday before clearing the entirety of its holdings. While the value of its bitcoin holdings was over $2 billion two weeks ago when the funds flowed in, the price of the 33,105 bitcoins it...

U.S. spot bitcoin exchange-traded funds (ETFs) experienced a significant outflow on Wednesday, with $81.36 million leaving the products, according to data from SosoValue. This marked the end of a two-day streak of positive inflows. Among the funds, BlackRock’s IBIT, the largest spot bitcoin ETF by net assets, saw a net inflow of $2.68 million. Franklin’s EZBC also reported an inflow of $3.42 million, its first since July 22. These two were the only funds to register inflows on Wednesday. In...

Why have I been blocked? This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.