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Bitcoin, Ether Flat as PayPal USD Report Fails to Ignite Market; SHIB Finds Support
Major cryptos remained flat over the past 24 hours even as financial giant PayPal announced plans to issue a stablecoin in the coming days – suggesting overall market sentiment remains tepid despite fundamental developments.Bitcoin traded just over $29,100 in European morning hours, a level it has largely remained at since the past five days. The…

Bakkt COO Opens Door to Retail Investors in Newly Launched Bitcoin Futures
news Well, that was a bit anticlimactic. After two years of work and more than a year of hype and regulatory delays, the Bakkt bitcoin futures market had a lackluster first day of trading. When the session closed at 22:00 UTC Monday, only two daily futures contracts and 71 monthly futures contracts had traded on the new…

Japan’s FSA Expands Crypto Team to Handle Exchange License Reviews
Japan's financial market watchdog is looking to expand its team focused on crypto-related activities next year to better handle the growing interest among Japanese companies in gaining a cryptocurrency exchange license. The Financial Services Agency hosted the fifth study group meeting on cryptocurrency Wednesday, with trading platforms, scholars, lawyers, and government officials present. Kiyotaka Sasaki,…

Hedera-Based Tune.FM Raises $20M for Artist-Friendly Web3 Music Platform
Web3 music platform Tune.FM has received $20 million in capital from alternative investment group LDA Capital to advance its goals of helping musicians earning a greater share of royalties from their work.Using Hedera Hashgraph's blockchain technology, Tune.FM provides musicians with a platform to receive micropayments for streaming in its native JAM token (JAM) as well

First Mover: As Fed Nears Inflation Rubicon, Analysts See $50K Bitcoin in Play
Aug 4, 2020 at 12:56 UTCUpdated Aug 4, 2020 at 13:09 UTC(Patryk Kosmider/Shutterstock)First Mover: As Fed Nears Inflation Rubicon, Analysts See $50K Bitcoin in PlayThe Federal Reserve appears ready to pursue yet another untested strategy that could ultimately boost inflation – and possibly prices for bitcoin. The Fed is “preparing to effectively abandon its strategy of pre-emptively…

Back Over $200 Billion: 3 Reasons Crypto Prices Could Be Heading Higher
The cryptocurrency market has been making history for all the wrong reasons as of late, most notably by recently surpassing the plunge of the infamous Dot-Com bubble in the early 2000's. With that said, cryptocurrencies tend to make recoveries when all hope is seemingly lost, and today's price action of the world's second largest cryptocurrency,…
MicroStrategy 2X Leveraged ETF Sees Massive Inflows In First Week Of Trading As MSTR Outperforms Bitcoin
Seven days after hitting the market, the T-REX 2X Long MSTR Daily Target ETF (MSTU) has become one of the most successful new exchange-traded funds (ETFs) on the market after attracting over $72 million. The fund, issued by REX Shares and Tuttle Capital Management, promises two times the daily performance to the stock of MicroStrategy

Where Will Bitcoin Mining Be After the Halving?
It is no secret that bitcoin mining has come under fire for its potential impact on the environment due to its energy consumption. Nobody in the industry is shying away from the fact that bitcoin did not start out as the best environmental, social and governance (ESG) investment.However, the mining industry has since become one…