El Salvador to Create $150M Bitcoin Trust to Facilitate Exchange to US Dollars
The trust will instantly convert bitcoin to dollars, allowing local merchants to offset their exposure to bitcoin.
Bitcoin Rangebound, Holding Support Above $46K
The cryptocurrency is roughly flat over the last week.
‘Rare Pepe’ Steeped in Bitcoin History Fetches $500K on NFT Market OpenSea
Frog-themed digital collectible cards from the mid-2010s are getting retooled for fast sales in the white-hot NFT market.
Is Bitcoin Too Big to Fall?
Quantum Economics analyst Jason Deane discusses his outlook for the Bitcoin network, explaining why he believes there's "too much value" and "too much at stake" for it to fall. "It's very, very difficult to stop something that has a full network effect," Deane said. Plus, insights into the global growth of BTC users, the impact of China's mining crackdowns on the hashrate, institutional interest in crypto.
Premium of Bitcoin Futures to Spot Prices Shrinking on Major Exchanges
A new chart reveals a narrowing spread between futures prices of bitcoin and those of the spot market. It can be tied back to a reduction in leverage in the market as exchanges for futures and other derivatives have reduced the amount by which traders are allowed to borrow to fund their speculative bets.
Market Wrap: Bitcoin Consolidates as Altcoin Season Heats Up
Bitcoin’s rally is taking a breather as altcoins outperform.
Investors Add to Altcoin Funds as Bitcoin Outflows Mount
Digital-asset funds focused on Cardano and other altcoins have attracted fresh capital.
Square's Jack Dorsey Plans to Build Decentralized Bitcoin Exchange
Payment giant Square plans to build a decentralized bitcoin exchange via its new division focused on creating an open developer platform, with more details TBD, said CEO Jack Dorsey. "The Hash" squad unpacks the industry implications for Dorsey's latest crypto project and the possible hurdles for rolling out such a protocol.
Money Trail From Liquid Exchange Hack Points to Wasabi Privacy Wallets
Hackers are using Wasabi wallets to launder BTC stolen from Liquid or received in exchange for other stolen cryptos, according to Crystal Blockchain.
Bitpanda’s Success Is Thanks to Timing and Poker
Paul Klanschek, CEO of the $4.1 billion startup, attributes his success to persistence, timing and poker skills.
