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ETF inflows and continued corporate buying are gradually reshaping Bitcoin’s ownership structure, Bernstein analysts say. Bitcoin’s recent rebound reflects a strengthening base of long-term holders as ETF inflows and corporate treasury buying reshape the asset’s ownership structure, Bernstein said in a Monday research note shared with Cointelegraph. Bernstein said Bitcoin outperformed gold and major equity...
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Bitcoin traders demanded further support reclaims to avoid a return to fresh macro lows next, as BTC price hit six-week highs. Bitcoin (BTC) starts the third week of March fighting for a breakout after a trip to near $75,000. BTC price action delivers a strong weekly close, but bulls have a lot of work left...
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Australia is moving closer to a new licensing regime that would bring crypto exchanges and tokenization platforms into the Australian Financial Services Licence regime. Australia’s Senate Economics Legislation Committee has backed a bill that would require crypto exchanges and tokenization platforms to comply with the country’s existing financial services regime, recommending that the Corporations Amendment...
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The US Department of Justice has filed for dismissal of its case against BitClout founder Nader Al-Naji, after “reassessment of the evidentiary record.” The US Securities and Exchange Commission (SEC) has dropped its two-year-long case against the founder of the blockchain-based social media platform BitClout, Nader Al-Naji.  In the joint dismissal stipulation filed in the...
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Crypto trader Ran Neuner said Bitcoin could be in danger if AI continues to pull miners away from the network, but others disagree. There’s a new debate over whether a continued pivot from Bitcoin miners to artificial intelligence could have an impact on Bitcoin security and its role as a store of value.  While some...
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Australia’s securities regulator said two-thirds of Gen Zs are using social media to make decisions about their financial future, leading to “riskier” financial decisions.  Australia’s financial regulator has urged young investors not to rely on social media influencers and artificial intelligence chatbots to make financial decisions, according to a study that also found that one...
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WLFI token holders must stake their tokens for at least 180 days to retain voting privileges under the recently passed proposal. World Liberty Financial (WLFI) holders who want a chance to steer the protocol’s future will now need to lock up their tokens for nearly six months under a newly passed proposal.  The proposal from...
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Ledger’s Asia-Pacific lead, Takatoshi Shibayama, has added his take as crypto and banks continue to debate whether to allow third-party platforms to offer stablecoin yields. A block on stablecoin yield payments in the US will likely prompt other countries to step up and offer the option, according to Takatoshi Shibayama, Asia-Pacific lead at crypto wallet...
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The past 11 years have shown that Bitcoin has been resilient to random intercontinental subsea internet cable failures, but could be susceptible to targeted attacks. Nearly three-quarters of all undersea fibre optic internet cables (which carry about 99% of international internet traffic) would need to fail to have a significant impact on Bitcoin, according to...
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BlockFills has filed for Chapter 11 bankruptcy in the US after suspending deposits and withdrawals last month, citing poor crypto market conditions. Crypto lending platform BlockFills has filed for bankruptcy in the US after the company halted customer deposits and withdrawals last month. Reliz LTD, BlockFills’ operating company, along with three other related companies, filed...
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