Binance Futures Bucks ‘Dismal’ Volume Trend — Trades a Record $700M

Most crypto exchanges put in fresh trading volume lows, with the exception of Binance’s Bitcoin futures, which conversely set record highs. Binance’s Bitcoin futures product is the only winner in a lackluster market this week as trading volume hits local lows.  Research highlights “very low” activity Analysis of various platforms’ trading volumes by exchange eToro’s […]

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Wilshire Phoenix Refiles Its Bitcoin ETF Proposal With SEC

The U.S. Securities and Exchange Commission once again begins accepting comments regarding the updated Bitcoin exchange-traded fund proposal by Wilshire Phoenix. The United States Securities and Exchange Commission (SEC) has once again begun accepting public comments regarding the updated Bitcoin (BTC) exchange-traded fund (ETF) proposal by Wilshire Phoenix Fund. According to the official document published […]

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RBC Analysts: Squashing Libra Could Boost China’s Digital Currency

RBC analysts believe that China’s digital currency might become the dominant digital currency if U.S. regulators dismiss Facebook’s Libra coin. Analysts at RBC Capital Markets have suggested that stifling Facebook’s Libra may leave the field open to China’s central bank digital currency (CBDC) to dominate in emerging economies. China shifts development of digital currency in […]

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Layer1 Secures $50M from Peter Thiel, Others to Mine Crypto in Texas

Cryptocurrency investment and infrastructure platform Layer1 has secured $50 million from investors including Peter Thiel in a Series A funding round. Cryptocurrency investment and infrastructure platform Layer1 has secured $50 million from a number of industry stakeholders in a Series A funding round. As Fortune reported on Oct. 15, venture capitalist and PayPal co-founder Peter […]

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