World's first Bitcoin ETF adds $3M per day throughout BTC price dip
The Purpose Bitcoin ETF now has over 21,000 BTC under management as the United States continues regulatory scrutiny. The world’s first regulated Bitcoin (BTC) exchange-traded fund (ETF) actually benefited from the recent price dip, data shows.As on-chain analytics service Glassnode noted on June 24, the Purpose Bitcoin ETF continued to add to its assets under management throughout the second half of May.Purpose ETF crosses 20,000 BTCIn an unusual success story from the past few weeks, Canada’s Purpose did not see a significant reduction in holdings or demand after BTC/USD hit $30,000 and....
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Localbitcoins, one of the biggest P2P exchanges in the world, has added Bitcoin Cash and other cryptocurrencies as payment methods to acquire Bitcoin on its platform. This marks a clear departure from the earlier position of the company, which hadn’t added new payment methods and had remained Bitcoin-only for some time. Localbitcoins Adds Bitcoin Cash and Other Cryptos Localbitcoins, one of the biggest P2P cryptocurrency exchanges in the world, is now allowing its users to purchase Bitcoin with other cryptos, in a departure from its earlier Bitcoin-only approach. The company....
By replacing reliance on third parties in a trustless way, Bitcoin adds a layer of non-intermediated trust to the infrastructure of the internet.
China has included Blockchain technology in its 13th National Five-Year Plan, via an Informatization Strategy published December 15 by the State Council. ‘Intelligent Services Will Be Everywhere’. “The internet, cloud computing, large data, artificial intelligence, machine learning, blockchain, bio-genetic engineering and other new technologies will drive… the evolution of everything – digital, network, intelligent services will be everywhere,” the document states. The real world and the digital world are increasingly converging as one; the global governance system is facing profound....
CEO Michael Saylor bought the coins for an average price of $31,808.
Blockstream’s Liquid has added six new projects to its Bitcoin sidechain federation, bringing its total roster count to 59. The post Blockstream Adds Six Members To Liquid Federation appeared first on Bitcoin Magazine.