Ethereum ETF decision due in hours as BTC price gets $80K May target

Following a recent hard fork of Bitcoin SV (BSV), the network saw a three-chain split after a massive 210 megabytes (MB) block was mined.As reported by BitMEX Research on Aug. 3, Bitcoin SV nodes divided into three groups on Saturday, making the network to split into three separate chains. According to the report, 65% of…

Hive made the rebrand to reflect its “evolving focus” on revenue opportunities in AI, cloud commuting and GPUs. 234 Total views 2 Total shares Crypto mining firm Hive Blockchain is now calling itself Hive Digital Technologies — after enacting a branding pivot that seeks to highlight its foray into artificial intelligence.The Vancour-based mining company said…

Major cryptocurrency exchange Binance’s newest research supports the theory that the launch of institutional trading platform Bakkt partly caused Bitcoin to drop 20%.In the latest edition of its markets overview, Binance Research, the exchange’s analytics arm, singled out Bakkt as the principal event which occurred just before Bitcoin’s price slip last week.Binance: Bakkt is a…

The Bitcoin assets under management (AUM) market fell 9.5% to $48.7 billion in November while altcoin-based crypto funds such as Ether saw their AUM rise 5.4% to $16.6 billion. 664 Total views 12 Total shares While Bitcoin’s (BTC) position as a viable hedge against fiat inflation continues to attract investors, new data reflects a change…

Bitcoin (BTC) divided traders yet again on Dec. 21 as sideways BTC price action split opinion on the future.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView$17,500 becomes popular BTC price targetData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it acted within a tight range just below $17,000.A single brief spike above the $17,000 mark…

Huobi’s Thailand-based subsidiary has sealed the country’s fifth official license to operate a fully-regulated digital asset exchange.An official July 24 announcement from Huobi Group —the operator of Singapore-based flagship exchange Huobi Global — revealed that Huobi Thailand is expected to launch in Q3 2019, offering both regulated crypto-crypto trading and fiat on-ramps. Global expansionHuobi Thailand will…

Wednesday, May 15 — most of the top 20 cryptocurrencies are reporting moderate gains on the day by press time, as bitcoin (BTC) has fallen below the $8,000 mark again.Market visualization courtesy of Coin360Bitcoin is nearly a percent down on the day, trading at $7,975 at press time, according to CoinMarketCap. Looking at its weekly…

Within months after its launch in April 2021, Bored Ape Yacht Club (BAYC) has become one of the main reasons Wall Street should take the emerging nonfungible token (NFT) market seriously, thanks to its recent sales turnover of over $1 billion.Celebrities ape into BAYCFor the uninitiated, BAYC is a collection of 10,000 cartoons of anthropomorphic apes…

Among all the issues cropping up in Facebook's recent hearing in the United States Congress regarding its new Libra cryptocurrency, the matter of location was perhaps the thorniest. Testifying before various banking and financial committees, Libra co-creator David Marcus was repeatedly questioned as to why Facebook had decided to establish the subsidiary behind its newfangled…