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US Regulator Zeroes in on Binance Chain as SEC Awards Monitoring Contract to Ciphertrace

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The U.S. Securities and Exchange Commission (SEC) intends to award a fixed-price contract on a single source basis to Ciphertrace. The SEC is awarding the contract to the blockchain monitoring company as it plans focus on BNB coin, as well as other tokens on the Binance’s DEX. The BNB token has multiple forms of utility … Read more

Bakkt Futures Volume Hits $122 million, as Bitcoin Reached New 11-Month High

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Volumes on bitcoin futures offered by Bakkt set a record high on July 27, with 11,500 contracts traded on the institutional exchange. Altogether, the contracts are worth about $126 million, at the time of writing. Each contract is equivalent to one bitcoin (BTC). Total open interest – an indicator of the total number of outstanding … Read more

Americans to Buy Bitcoin With Their Second Stimulus Checks After Initial Investment Turned in 50% Profit

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U.S. investors may be planning to use their second $1,200 stimulus money to buy bitcoin – again. The U.S. government is, on Monday, expected to approve plans for this second payout, White House officials have confirmed. The bailout is intended to cushion families against the covid-19 fallout. Instead of buying groceries or paying rent, many … Read more

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