Cryptocurrency News

Representative French Hill still hopes for approval of the CLARITY Act after the midterm elections. Hill, who championed the FIT21 Act—an earlier attempt to establish clear rules for the crypto market—believes that the current agency-led regulatory approach “falls short” of what America needs to maintain leadership. House Financial Services Committee Chair Still Hopeful For Late…Read More

Zcash dropped to $1,115 Thursday, wiping out all price gains accumulated since Sept. 16 and driving $38 million in leveraged long liquidations. Sharp Sell-Off Ends Weeks of Gains Privacy coin zcash (ZEC) dropped below $1,200 for the first time in weeks Thursday as the previously top-performing cryptocurrency surrendered all gains made since Sept. 16. Market…Read More

On Oct. 7, Galaxy Research disclosed that it had identified a batch of 100 bitcoin mined in July 2010 that had finally stirred after lying dormant for 16 years, 2 months, and 24 days. While it took a while to spend the 100 BTC from Satoshi’s era, this particular wallet moved around 894 BTC before…Read More

Bitcoin Magazine Standard Chartered to Offer Digital Asset Custody in Singapore The bank already offers bitcoin custody in other countries. This post Standard Chartered to Offer Digital Asset Custody in Singapore first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.Read More

According to the country’s Bitcoin Office, the one-bitcoin-a-day accumulation strategy has continued, even after the IMF stressed that the country had not met the criteria for public-sector crypto holdings under a $1.4 billion ongoing credit facility. El Salvador Keeps Adding Bitcoin Despite IMF’s Warnings El Salvador appears adamant about continuing its bitcoin addition strategy, even…Read More

Bitcoin Magazine Understanding Digital Money and Digital Yield This is an in-depth overview of the nascent business models built on top of the preferred securities of Bitcoin balance sheets. This post Understanding Digital Money and Digital Yield first appeared on Bitcoin Magazine and is written by Allard Peng.Read More

Bitcoin ETFs posted $487.07 million in net outflows on Wednesday, their heaviest daily loss since June 25, while ether funds shed another $160.77 million. Together, the two largest crypto ETF categories lost $647.84 million as trading activity accelerated sharply. Bitcoin, Ether ETFs Shed $648M as Selling Widens The most striking feature of Wednesday’s ETF tape…Read More

Bitcoin Magazine Why Bitcoin’s Liquidity Advantage Matters as Institutions Move In SALT Lending CEO Shawn Owen explains why Bitcoin’s portability gives it an advantage over traditional assets and why institutional adoption may only be getting started. This post Why Bitcoin’s Liquidity Advantage Matters as Institutions Move In first appeared on Bitcoin Magazine and is written…Read More

Bitcoin Magazine Shawn Owen: Bitcoin’s First Institutional Cycle Has Arrived Banks are racing to adopt Bitcoin, and SALT Lending CEO Shawn Owen says FOMO is real. He joins Grace and Sean to break down BTC lending and institutional shift. This post Shawn Owen: Bitcoin’s First Institutional Cycle Has Arrived first appeared on Bitcoin Magazine and…Read More

Bitcoin Magazine Josh Young: “Massive” Currency Debasement to Come From Oil’s Run Higher Global oil stocks are depleting fast. Bison’s Josh Young warns of low usable reserves, $105 fair-value WTI, and hidden upside in undervalued energy assets. This post Josh Young: “Massive” Currency Debasement to Come From Oil’s Run Higher first appeared on Bitcoin Magazine…Read More