Purpose Bitcoin ETF adds 1.1K BTC as data hints investors want to ‘buy the dip’

The world’s first Bitcoin (BTC) spot price exchange-traded fund (ETF) is buying BTC again after a month of selling. Data from on-chain monitoring resource Coinglass confirms that on April 27, Canada’s Purpose Bitcoin ETF added 1,132 BTC to its holdings. Data: Buy the dip interest “skyrocketing” Despite fears that Bitcoin is not yet done with its sell-off, an about turn at Purpose hints at increasing institutional demand. Beginning March 28, when BTC/USD traded above $48,000, Purpose began reducing its exposure, which at the time totaled 36,321 BTC. Wednesday’s increase is…

Former Homeland Security Chief Nielsen to Join Astra as Adviser

As the former top official for U.S. border security from 2017 to 2019, Nielsen became a well-known representative of Trump’s immigration policies and its hotly debated actions at the Mexican border. At Astra, she’ll help the startup with cybersecurity and the “global risk environment,” in addition to policy matters when they come up, according to the company. Source

Czy Bitcoin osunie się poniżej 41k? Analiza: ETH, AAVE, SHIB, DASH, HBAR, LSK, FLOW, IOTA i inne.

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io To jeszcze nie koniec spadków na BTC i kryptowalutach. Bitcoin może bowiem osunąć się nawet poniżej 41 tysięcy dolarów a Ethereum w okolice 3 tysięcy dolarów. W dzisiejszej analizie: BTC, ETH, AAVE, SHIB, DASH, HBAR, LSK, FLOW, IOTA, GRT, CHZ, ALGO. ✅ Kup bitcoina najszybciej i najtaniej do 1000 PLN BLIKIEM : ✅ Dołacz do nas na TELEGRAM: ✅Obserwuj Twitter: ✅ Polajkuj Fanpage: 🙏 Subskrybuj nasz kanał, abyśmy mogli tworzyć jeszcze lepsze treści dla Ciebie 🙏 ————————————————————————————————– 0:00 WSTĘP 0:48 BTC 6:29…

Bitcoin’s Derivative Data Suggests Potential for ‘Short Squeeze’

Most of these could be short positions, according to data tracked by Laevitas shows the funding rate – the cost of holding long/short perpetual futures positions – has been consistently neutral-to-negative in recent weeks. A negative funding rate means shorts are paying longs to keep the bearish position open. In other words, the market is skewed bearish. That’s also evident from the depressed futures premium, also known as the basis, on major exchanges, including the Chicago Mercantile Exchange, a proxy for institutional activity. The three-month premium recently slipped to 1.1%…

Bank of Spain Report Warns About Cryptocurrency Usage and Its Effect on Financial Stability – News Bitcoin News

The Bank of Spain has issued a new report that touches on the subject of the popularity of cryptocurrency usage and the possible effects it might have on the financial stability of the nation. In the document, the bank explains that these assets — which ostensibly don’t have any kind of support behind them — can introduce systemic risks via their adoption by traditional institutions and the lack of regulation over them. Crypto Assets Could Cause Systemic Risks According to the Bank of Spain The Bank of Spain…

21Shares launches hybrid Bitcoin and gold ETP to enable inflation hedge

21Shares, a major issuer of cryptocurrency exchange-traded products (ETP), is launching a new ETP tracking a mix of Bitcoin (BTC) and gold. The Switzerland-based firm on Wednesday announced the launch of the 21Shares ByteTree BOLD ETP (BOLD), a new product aiming to provide inflation protection by tracking an index providing risk-adjusted exposure to both BTC and gold. Listed on the SIX Swiss Exchange, the new hybrid ETP is subject to monthly rebalances according to the inverse historic volatility of each asset. At launch, BOLD comprises 18.5% of BTC and 81.5% of…

How Blockchain Technology Can Play a Role in Preserving Natural Capital

Blockchain and crypto are changing major industries around the world. From banking to supply chains, it revolutionizes several aspects across businesses and industries of all sizes. The crypto market which was only worth $1 billion almost a decade ago, has now exploded into a massive $2 trillion industry and what originated with the Bitcoin blockchain, has evolved into a full-fledged crypto ecosystem with over 18000 different projects. Blockchain solutions have emerged to solve real-world problems. And one of the critical issues they are solving is preserving Natural Capital by avoiding…

How Secure Is Blockchain? | Blockchain Security Explained

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io How secure is blockchain? A blockchain is a series of chunks of transactional data. Every block is connected to the block that preceded it. So, like balancing your checkbook, you’ll never want to remove a transaction as each is sequential. Removing something would invalidate the whole record or ledger as new transactions are dependent on the entire history of transactions that have occurred prior. The same holds true for each block. This makes it very difficult, almost impossible for thieves to alter…

How Crypto is Contributing to Environmental sustainability in Africa

Coming out of the COVID pandemic, sub-Saharan Africa is defying the odds with an explosive level of economic growth that has been unseen for decades. With more people moving about and more goods needing transportation, this growth is putting unprecedented strain on Africa’s logistics. As a result, parcel delivery and taxi driving entrepreneurship have become quite popular, their drivers being able to earn an above-average income. While this is fantastic for the economy, the local environment is suffering. Most logistics entrepreneurs rely on old and cheap imported motorcycles with inefficient…