PRESS RELEASE. Bitname, the first name service provider encompassing the entire Bitcoin ecosystem, is introducing a new protocol standard, SRC101, for Bitcoin Stamps. It allows permanent storage of domain assets on Bitcoin and supports the interconversion and resolution of all Bitcoin address types. It also supports Bitcoin Layer2 and sidechain address linking through unique features. […] Original
“Bringing Bitstamp’s platform and expertise into Robinhood’s ecosystem will give users an enhanced trading experience with a continuing commitment to compliance, security, and customer-centricity,” said JB Graftieaux, CEO of Bitstamp, who along with the rest of the leadership team will remain in place following the sale. Source
Hong Kong’s Securities and Futures Commission chief Julia Leung says Bitcoin is clearly showing its power to stay as an “alternative asset.” Bitcoin, the largest crypto by market capitalization, is here to stay as it succeeded over the past 15 years to survive multiple cycles of “boom and bust,” Hong Kong’s Securities and Futures Commission (SFC) chief Julia Leung says. Speaking at the Greenwich Economic Forum, the SFC boss Leung acknowledged the prevailing skepticism among central bankers and economists regarding the intrinsic value of cryptocurrencies. Yet, Leung underscored the fact…
Altcoins are generating significant buzz among cryptocurrency watchers, as rumors of a potential Bitcoin breakout circulate. After weeks of sluggish trading, a recent surge of capital has revitalized the king of coins. This raises a pressing question: will altcoins ride the wave, or are they doomed to be left behind? Related Reading Whispers Of A Bitcoin Bonanza Data from Farside Investors reveals a significant shift in investor sentiment. Nearly $890 million flowed into Bitcoin exchange-traded funds (ETFs) on June 4th, a clear sign of renewed interest. This surge in buying…
Around 55% of American family offices plan to increase their cryptocurrency investments or have had limited exposure to crypto, according to a BNY Mellon study. More than 30% of family offices in the U.S. are actively investing in crypto and even may increase their holdings, a recent report by BNY Mellon reveals, highlighting growing interest in digital assets among wealthy families. The report comes as the U.S. Securities and Exchange Commission (SEC) approved the first spot Bitcoin exchange-traded funds (ETFs) earlier in January, integrating crypto into the mainstream investing environment.…
US Securities and Exchange Commission (SEC) Chairman Gary Gensler delivered a cautionary message to cryptocurrency exchanges, underscoring that merely providing disclosures to investors does not immunize them from regulatory scrutiny. Crypto Disclosure Gaps and Regulatory Concerns Speaking in an interview with CNBC yesterday (Wednesday), Gensler stressed the inadequacy of disclosures alone, especially if crypto exchanges are involved in activities like market manipulation or dissemination of misleading information affecting investment decisions. He highlighted the prevalent absence of disclosures from numerous crypto firms, operating in a manner that would not meet the…
The election for new members of the European Parliament starts June 6, with results expected on June 9. The more than 700 MEPs shape and decide on new laws, and will be voted in as the EU’s landmark Markets in Crypto Assets legislation starts coming into effect. Source
The US spot Bitcoin Exchange-Traded Funds (ETFs) have been witnessing a historic run of inflows, marking 17 consecutive days of net additions. On a particularly notable Tuesday, these ETFs observed inflows totaling a staggering $886.6 million, ranking it as the second-highest single-day influx since their introduction. This was followed by another significant day of inflows yesterday, amounting to $488.1 million, with notable contributions from major financial players like Fidelity ($220.6 million), Blackrock ($155.1 million), and Ark ($71.4 million). Despite these hefty capital injections, the price of Bitcoin has demonstrated a…
Colorado-headquartered crypto mining company Riot Platforms has acquired ownership of a 12% stake in rival Bitfarms despite shorting pressure from Kerrisdale Capital. Bitcoin mining company Riot Platforms said in a press release on Jun. 5 it acquired 1,460,278 common shares of Bitfarms, becoming the beneficial owner of approximately 12%. The company said the latest purchase, at $2.45 per share, cost Riot over $3.5 million in total. Following the acquisition, Riot stated its intention to call a special meeting of Bitfarms’ shareholders. At this meeting, Riot plans to nominate “several well-qualified…
The Cardano Foundation has announced an interesting new public partnership in Argentina. The collaboration, which follows a public signing between Rogelio Frigerio, the Governor of Entre Ríos, and Rafael Fraga, the LATAM Lead for Business Development at the Cardano Foundation, is with the state of Entre Ríos, a central province of Argentina. The partnership aims […] Source CryptoX Portal