Bitcoin Short ETF is Now Second Largest Bitcoin ETF in US
As Bitcoin’s price tanks below 2017’s highs, the latest Bitcoin ETF to hit the US market has been thriving. ProShares short Bitcoin ETF (BITI) is already the second-largest Bitcoin ETF…
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Bitcoin Could Climb to $28K by 2022’s End, Deutsche Bank Analysts Suggest
Analysts at Deutsche Bank – Marion Laboure and Galina Pozdnyakova – argued that the cryptocurrency market is “highly fragmented,” and its decline could continue in the near future. However, they…
FTX Reported to Close in on Buying BlockFi for $25 Million
Crypto exchange FTX is reportedly finalizing terms to buy out the embattled crypto lending platform, BlockFi. However, the exchange is offering just $25 million – a 99% discount on BlockFi’s…
The Launch Date Europe’s First Bitcoin ETF Revealed
On Thursday, investment company Jacobi Asset Management announced it would launch a Bitcoin Exchange-Traded Fund (ETF) on the Euronext Amsterdam Exchange in July. Jacobi to Launch Europe’s First Bitcoin ETF…
Crypto Market Deleveraging Might Soon End, JPMorgan Argues
Nearly $2 trillion in crypto market value has evaporated in months since the sky-rocketing prices in November last year. But, according to JPMorgan Chase & Co.’s Nikolaos Panigirtzoglou, the deleveraging…
Three Arrows Capital Provided False Information and Exceeded AUM Threshold, MAS States
The Monetary Authority of Singapore (MAS) said it had reprimanded Three Arrows Capital on June 30. The central bank alleged that the beleaguered crypto hedge fund provided misleading information and…
CoinFlex CEO: Restoring Withdrawals Could Take More Time Than Expected
Crypto derivatives exchange CoinFlex is unlikely to restore withdrawal services on its platform on Thursday as promised by CEO Mark Lamb on Monday. Speaking to CNBC, Lamb clarified that the…
OpenSea Reports Data Breach, Warns Customers of Possible Phishing Attempts
OpenSea – one of the most popular NFT-centric platforms – has reported a data breach affecting the personally-identifying information (PII) of customers subscribed to the company’s mailing list. Lax External…
North Korean Hackers Reportedly Behind the $100 Million Harmony Exploit
The notorious North Korean hacking group – the Lazarus Group – is suspected to be the one that attacked the cryptocurrency protocol Harmony. The criminal organization has been involved in…
CBDCs Are Natural Evolution Necessary to Protect Fiat Monetary System: Swedish Central Banker
CBDCs are an investment to protect the fiat-based monetary system. Cash is on its way out, and its share as a medium of payment will significantly reduce in the coming…
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