ETFs buy 3X new BTC supply — 5 Things to know in Bitcoin this week

Binance CEO Changpeng Zhao believes that the upcoming Bitcoin halving has not been priced in to the digital asset’s current price action. The reduction in miner rewards will increase the cost of mining each Bitcoin, meaning, miners are unlikely to sell below their cost of production. Bitcoin’s supply will decrease with the halving but its demand…

In the war against the novel coronavirus, cryptocurrencies are emerging as a much-needed tool for charity and fundraising projects. Already there are a number of large nonprofits accepting Bitcoin donations. Plus, some blockchain and crypto firms are contributing medical supplies to hospitals in an attempt to curb the virus, while others are setting up fundraisers…

In her monthly Expert Take column, Selva Ozelli, an international tax attorney and CPA, covers the intersection between emerging technologies and sustainability, and provides the latest developments around taxes, AML/CFT regulations and legal issues affecting crypto and blockchain.Lately, news headlines are focused on regulators’ concerns over the lack of investor protections in the cryptocurrency market,…

Daily transactions registered on the Ethereum (ETH) network exceeded one million yesterday, June 28, for the first time since May 2018, according to data reported by leading Ethereum block explorer Etherscan.Per Etherscan data, on June 28 there were 1,004,170 transactions confirmed on the Ethereum blockchain. Before yesterday, the last time the Ethereum chain registered over…

YG is seen in the music video holding a Ledger cold storage USB close to a smartphone which has a screen bearing a wallet app with more than $30.6 million worth of BTC in it. 230 Total views 25 Total shares Keenon Dequan Ray Jackson, the rapper who goes by the name YG appears to…

Naver is reportedly looking to strengthen its position in the crypto industry with a potential equity stake in South Korea’s largest crypto exchange. 2943 Total views 20 Total shares Major South Korean internet company Naver has reportedly begun negotiations to acquire a stake in the country’s largest cryptocurrency exchange, Bithumb.Naver has discussed a potential equity…

Modulus CEO Richard Gardner believes that the new regulation may signal the end of the current digital asset downturn. 45 Total views 2 Total shares European Union officials recently agreed on a landmark law called the Markets in Crypto-Assets (MiCa) framework that places guidance for crypto asset service providers (CASPs) to operate within the Europe…

Tuesday Sept. 24 - Bitcoin's price is retracing rapidly from over $9,800 to $8,150 in less than a day and for the first time in months.Bitcoin 24 hour price chart. Source: Coin360The Bitcoin price flash crashed hard, dropping close to $800 in just a few minutes to show double-digit losses, down 11.4% while currently trading at…

Dapper Labs, the company behind the blockchain-based game CryptoKitties, has obtained a patent in Brazil enabling them to create collectible digital tokens in partnership with the National Basketball Association (NBA). According to the March 24 edition of the Intellectual Property Magazine of Rio de Janeiro, Dapper Labs now has the rights to use NBA branding —…