News

United States Securities and Exchange Commission Chair Gary Gensler and ProShares CEO Simeon Hyman discussed the launch of the first Bitcoin-linked exchange-traded fund (ETF) in a CNBC breaking news segment on Tuesday. ProShares Bitcoin Strategy ETF, also known as BITO, is based on CME Bitcoin...

Bitcoin’s (BTC) ongoing price rally above $64,000 has coincided with a substantial drop in its reserves across all exchanges. According to data provided by CryptoQuant — a South Korea-based blockchain analytics service — the amount of Bitcoin held in exchanges’ wallets dropped to as low...

The High Court of Sindh (SHC), the highest judicial body in Pakistan’s Sindh Province, has asked the government to come up with modalities for cryptocurrency regulation. According to Pakistani English daily The Express Tribune, the SHC gave the instruction while hearing a petition brought before...

Pop icon Mariah Carey is the latest celebrity to embrace Bitcoin (BTC) through the Winklevoss-led Gemini cryptocurrency exchange, offering another sign that digital assets are becoming mainstream.  In a video message to her 10.2 million Instagram followers, Carey announced Tuesday that she is partnering with...

The rapidly evolving realm of decentralized finance (DeFi) has brought a new level of utility and value to the cryptocurrency ecosystem in 2021 but has also provided nefarious actors with numerous exploits in siphoning profits and tokens away from unsuspecting investors. In the past few...

Major cryptocurrency exchange Coinbase has inked a deal with the National Basketball Association, giving the platform the opportunity to educate basketball fans on crypto. In a Tuesday announcement, Coinbase said it would become the exclusive cryptocurrency platform partner of the National Basketball Association, or NBA,...

The Cosmos cross-chain network is building a new blockchain aimed at allowing developers to experiment with different protocols. In its quarterly keynote report published on Tuesday, Cosmos said its Sagan blockchain was currently in development. The project teased the release of the blockchain in a...

Blockchain analytics firm Chainalysis plans to purchase an undisclosed amount of Bitcoin for the firm’s balance sheet through New York Digital Investment Group’s brokerage services. In a Tuesday blog post, Chainalysis said it will expand its partnership with the New York Digital Investment Group, or...

Cardano (ADA) has formed a deadly “death cross” on its daily chart against Bitcoin (BTC) — a market signal that’s generally seen as a warning of more downside in the near term. The ominously-titled indicator kicks in when an asset’s short-term moving average closes below...

A favorable macro environment, strong on-chain fundamentals and the approval of new futures-based exchange-traded funds (ETFs) in the United States are set to launch Bitcoin (BTC) to new all-time highs this quarter, according to a survey of fintech industry specialists commissioned by Finder. The 50-person...