Spot Bitcoin ETF inflows stall, but analysts say CME BTC basis hints at price reversal

For several months now, the decentralized finance (DeFi) sector has been on the receiving end of a major bear market, so much so that the total value locked within this space has slipped from its all-time high of $150 billion (achieved back in May 2022) to its current levels of just over $50 billion. Despite this,…

For 15 days, the Bitcoin price has been stuck in the same range, consolidating at the same support level at $6,700. Although BTC surged to as high as $7,400 recently, it failed to test a key resistance level at $7,700 and has been stagnant since. Often, when the Bitcoin price becomes stuck in a tight…

Foundry Digital and Blockdaemon are backing the launch of Stacks 2.0. 1123 Total views 2 Total shares Stacks, an open-source network for building smart-contract and DeFi bridges to Bitcoin (BTC), has secured several major partnerships in the wake of its mainnet launch — sending a strong signal that industry players are keen to back new…

New Zealand police have warned the public about online scams after an investor lost $320,000 NZD ($213,000 USD) to crypto fraudsters, the Canterbury police confirmed Wednesday, September 26.The unnamed investor, who made multiple investments in an online cryptocurrency scheme which turned out to be fraudulent, was attracted by its “extremely good returns,” a police report…

China’s securities regulator is reportedly setting up a tech division that will be headed by the former chief of the central bank’s digital currency initiative.Yao Qian, a former director of the Digital Currency Research Institute at the People’s Bank of China (PBoC), will serve as director at the China Securities Regulatory Commission’s (CSRC) first technology…

Bad things may happen to you in Russia if you support Bitcoin and don't like Putin. It has been a bad couple of weeks for pro-Bitcoin / anti-Putin activists in Russia. First, on August 20, opposition leader Alexei Navalny was poisoned, and then on August 31, a prominent blogger Yegor Zhukov was beaten near his…

A recent report suggests that the lack of traditional financial infrastructure makes Africa a place where cryptocurrency adoption is likely.The report — shared with Cointelegraph by a Luno representative on May 27 — sheds light on Africa’s financial infrastructure and the role that cryptocurrencies play in it.The author of the research, which was jointly conducted…

Over 3,000 victims of the alleged crypto scammers have come forward to the authorities to file for compensation claims. 157 Total views 1 Total shares In an announcement sent to Cointelegraph, Binance said it worked alongside law enforcement agencies, providing intelligence to disrupt the criminal group. The operation, which had the code “Trust No One,”