US Bitcoin ETFs raked in $1.1B this week, most since mid-July

Russian citizens will not be forced to use the digital ruble, and use of the CBDC will be a voluntary choice for people to make, the governor of the Bank of Russia said. 497 Total views 5 Total shares Russia is moving forward with its central bank digital currency (CBDC) as President Vladimir Putin signed…

OKEx, one of the world’s biggest cryptocurrency exchanges, announced a temporary suspension of withdrawals on Oct. 16. Upon the news, the price of Bitcoin (BTC) abruptly plunged 3% in 30 minutes across major exchanges.The nervousness in the market comes from the reason behind the withdrawal suspension and the potential implications it carries. The 15-minute price chart…

Ukrainian government officials are investing in cryptocurrency. 1668 Total views 16 Total shares A newly appointed official in Ukraine has officially declared his cryptocurrency holdings, including a significant amount of privacy-focused cryptocurrency Monero (XMR).Rostyslav Solod, a 19-year-old deputy of the Kramatorsk regional department and the son of Ukrainian politicians Natalia Korolevska and Yuriy Solod, reported…

Lawyers for the firm claimed that any alleged losses caused by the platform’s or Do Kwon’s actions happened outside the United States, beyond the SEC’s authority in the civil case.

CoinDCX reached a $1.1 billion valuation by raising $90 million in a Series C funding round in August. 376 Total views 20 Total shares India’s largest cryptocurrency exchange, CoinDCX, has no immediate plans for a public listing as the regulatory environment in the country remains uncertain.CoinDCX has no definitive route or clause as to when…

A CryptoCompare report published on July 6 has closely analyzed monthly trends in the cryptocurrency exchange market and found that crypto derivatives volumes have begun to taper off after peaking this May. Crypto derivatives volumes dropped 35.7% in June to $393 billion.Historical Monthly Derivatives Volumes. Source: CryptoCompareThe overall trend which was also observed in the…

Cryptocurrency investors should be ready to lose all their holdings, according to Ireland’s central bank financial conduct director. 3233 Total views 7 Total shares Ireland’s central bank director general for financial conduct is the latest official to point out issues of Bitcoin (BTC) and the cryptocurrency industry following a major market sell-off.The growing popularity of…