Altcoins nurse double-digit losses as Bitcoin bulls fight to retake $49K
A renewed wave of selling briefly pushed Bitcoin price below $45,000 and the majority of altcoins saw their double-digit losses increase. Go to Source Powered by WPeMatico
Cryptocurrencies
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North America’s first Bitcoin ETF sees explosive debut with $564M in assets
The Purpose Bitcoin exchange-traded fund has been a roaring success since its debut last week. Go to Source Powered by WPeMatico
Russian Orthodox Church will not accept Bitcoin in offering plate
A church spokesperson said it was also unlikely the church would release its own digital currency. Go to Source Powered by WPeMatico
M31 Capital is looking to launch a new Bitcoin hedge fund
The M31 Capital Bitcoin Access Fund could provide institutional investors with another avenue for investing in BTC. Go to Source Powered by WPeMatico
Crossing the crypto chasm: Paving the way to mass adoption
As cryptocurrency pushes toward the mainstream, raising general public understanding is essential to gain mass adoption. Go to Source Powered by WPeMatico
Bitwise assets under management hit $1B, fueled by professional investors
Assets under management have doubled since the fourth quarter, highlighting growing mainstream adoption of Bitcoin and other cryptocurrencies. Go to Source Powered by WPeMatico
Swedish regulators warn consumers against crypto as markets tumble
Sweden’s financial regulator thinks retail investors should stay away from financial products that have volatile cryptocurrencies as their underlying asset. Go to Source Powered by WPeMatico
Bitcoin mining operator Northern Data reportedly considering $500M IPO
Swiss investment bank Credit Suisse is reportedly backing German Bitcoin mining operator Northern Data in its $500 million IPO. Go to Source Powered by WPeMatico
Bank of Korea chief says crypto has no intrinsic value, expects volatility
Bank of Korea Governor Lee Ju-yeol has expressed skepticism over the recent crypto rally, stating that the bank is progressing with a digital currency project. Go to Source Powered by WPeMatico
Altcoins and DeFi sell-off after Bitcoin’s 17.6% correction below $50K
DeFi tokens and altcoins bore the brunt of today’s carnage as Bitcoin price dipped below $48,000. Go to Source Powered by WPeMatico