North Carolina’s CBDC ban bill heads to governor’s desk

Retail investors are not a “key driver” of spot Bitcoin ETFs, with a majority of inflows coming from arbitrage trading hedge funds, according to Raoul Pal.

In fact, CEO Michael Sonnenshein says they're fueling Grayscale’s massive growth. 1229 Total views 5 Total shares Grayscale’s newly-appointed CEO Michael Sonnenshein told Bloomberg Thursday that pension funds and endowments are investing actively into the Grayscale family of funds. He explained:“We’ve started to see participation not just from the hedge fund segment, which we’ve long…

Bitcoin's production cost is dropping, and price action often rebounds to new highs if it dips below it, data shows. 1472 Total views 3 Total shares China's crackdown on Bitcoin (BTC) mining may have unintended benefits for BTC price action, one analyst suggests.In a tweet on June 18, Charles Edwards, CEO of investment firm Capriole,…

Toshi, the open source decentralized app (DApp) browser and wallet developed by Coinbase, will reportedly support Bitcoin (BTC), Bitcoin Cash (BCH), and Litecoin (LTC) “very soon,” according to an official Medium post published August 15. The wallet, which has initial support for Ethereum (ETH) and ERC-20 tokens, has also been rebranded to become “Coinbase Wallet.”…

“We are not planning to acquire Huobi,” said Sam Bankman-Fried, who manages assets at Alameda Research and leads crypto exchange FTX. 215 Total views 3 Total shares Global crypto exchange FTX will not be acquiring a majority stake in Huobi, according to CEO Sam Bankman-Fried, or SBF. In a Monday tweet, SBF explicitly denied a Bloomberg report…

Decentralized finance (DeFi) was the talk of the town in early 2021, but it has since taken a back seat to more appealing sectors like nonfungible tokens (NFTs), memecoins and blockchain gaming. Now that cross-chain bridges and interoperability have allowed for the easier migration of assets to competing chains, a new class of DeFi protocols is…

Kraken NFT marketplace exits its beta phaseCrypto exchange Kraken has announced that its nonfungible token (NFT) marketplace has exited its beta phase. Along with the launch, the NFT platform highlighted it had expanded its number of NFT collections from 70 to over 250. According to Kraken, it will continue adding more collections to its marketplace. — Kraken…

Computer scientist and general manager of WeWork South Africa, Stafford Masie, has said that Bitcoin (BTC) will change the future of humanity more than any other technological innovation. In a keynote delivered at the SingularityU South Africa Summit on Oct. 16, Masie — formerly the CEO of Google Africa — said that Bitcoin’s provision of an…

Over 5.5 billion USD Coin (USDC) tokens have been transferred on-chain as of Jan. 31 2019, according to a report released by the Centre consortium on Feb. 6.The Centre consortium was founded by crypto finance firm Circle and United States-based crypto exchange Coinbase. USDC s a U.S. dollar-backed stablecoin released by Coinbase and Circle in…