Bitcoin bulls should steer clear of new leveraged MicroStrategy ETF
Leveraged ETFs chronically underperform comparable investments. There are better ways to place bullish bets on Bitcoin than MicroStrategy’s new ETF.
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US presidential debate inexplicably omits AI and quantum
Other terms that went unmentioned: cryptocurrency, blockchain, central bank digital currency, deepfake, and election security.

Hong Kong virtual banks eye Web3 growth despite regulatory hurdles
Despite capturing just 0.3% of retail bank assets, Hong Kong's virtual banks are exploring opportunities in the Web3 space.

Crypto hedge funds and mining regulations: Bad crypto news of the week
It’s been a difficult week for Bitcoin this week. The price has fallen about 5 percent over the last seven days to drop beneath $10,400. It could bounce but if it continues downwards, it might drop below $10,000 and get dangerously close to the CME gap.One sign that the price might fall further has been…

BTC price metric warns that Bitcoin speculators may sell past $33K
Bitcoin (BTC) may see a “market correction” should BTC price action go much beyond $33,000, research warns.In the latest edition of its weekly newsletter, “The Week On-Chain,” analytics firm Glassnode flagged speculative selling risk on the horizon.Bitcoin speculator profits average 12%Bitcoin short-term holders (STHs) — the more speculative BTC investors — have returned to the…

Block.one Invest $150 Million Into Voice, But Privacy Concerns Linger
Block.one — the company behind EOSIO (EOS), has injected $150 million into its controversial blockchain-based social media network, Voice.Announced on March 26, the investment comprises $50 million in intellectual property assets and $100 million. The injection is intended to give Voice the resources needed to operate independently from Block.One.Voice is in closed betaVoice is currently…

NY Regulators to Pair Companies With ‘Guardians’ for a Conditional BitLicense
The New York Department of Financial Services is requesting comments on its amendment to the BitLicense that would help smaller companies be regulated. 886 Total views 15 Total shares The New York State Department of Financial Services, or NY DFS, is proposing a “Conditional BitLicense” framework to reform its controversial BitLicense regulation introduced in 2015.In…

Azra Games secures $42.7M funding for mobile RPG game
Venture firm Pantera Capital is backing the gaming startup's Series A, with participation from a16z Crypto, a16z GAMES, and NFX.

Huobi Derivatives Introduces Circuit Breaker and Partial Liquidations
Huobi’s derivatives trading platform, Huobi DM, has announced a new ‘partial liquidation’ feature that aims to limit trading losses.Sudden market swings can immediately liquidate highly leveraged positions and cause extensive user losses, as seen during the last week’s Bitcoin price crash. The platform’s new liquidation mechanism will jump into action when markets face turbulence to mitigate…