Bitcoin Reaches $70K Amid Rising ETF Inflows
This surge aligns with substantial inflows into Bitcoin exchange-traded funds (ETFs), which have totaled $25.4 billion year-to-date. As the amount of money flowing into Bitcoin exchange-traded funds (ETFs) in the United States continues to increase, the price of Bitcoin has just surpassed $70,000, marking its highest price since June 10 for the cryptocurrency. According to […]
Bitpanda Teams Up With Citi, JPMorgan Amid IPO Talks
Bitpanda is consulting with Citigroup Inc. and JPMorgan Chase & Co., aiming to capitalize on the renewed interest in cryptocurrency. Bitpanda GmbH, a digital asset trading platform based in Vienna and backed by billionaire Peter Thiel, is currently exploring various strategic options, including the potential for an initial public offering (IPO) in Frankfurt. In the […]
Hong Kong Adopts dual-track AI Policy in Finance
The FSTB emphasized a “dual-track approach” to foster AI development while addressing associated challenges. The Hong Kong Financial Services and Treasury Bureau (FSTB) has developed standards for the financial services industry that prioritize efficiency, security, and customer service to guarantee the responsible use of artificial intelligence. On October 28th, the Financial Services and Treasury Board […]
Base Stablecoin Transactions Briefly Exceed all Chains
This surge followed a spike in network activity, with Base achieving 5.6 million daily transactions, a 20% increase from the previous month. On the same day that it reached an all-time high for the number of transactions, Coinbase’s Ethereum layer-2 network Base briefly topped the list of the most popular blockchains for stablecoin volume. Peter […]
Vitalik Buterin Enters “wartime mode” to Counter ETH Critics
Amid criticism, the Ethereum Foundation’s Ether sales prompted Vitalik Buterin’s response on X. The co-founder of Ethereum, Vitalik Buterin, has been at the top of the “KOL mindshare” chart on Crypto X for the past week. The blockchain and the Ethereum Foundation have recently faced widespread criticism. Wartime mode Buterin had the largest relative KOL […]