Barclays, HSBC and Citi collaborate to pilot tokenized deposits in UK

Barclays, HSBC, and Citibank, along with other UK financial institutions, are collaborating on a trial project to introduce deposit tokens using blockchain technology. A number of British banks, such as Barclays and Citigroup, are collaborating on a trial for tokenized deposits to improve the monitoring of banking payments. The UK Finance trade association announced this … Read more

Elon Musk’s Tweet Leads to 300 Million Dogecoin Transfer

A prominent observer of cryptocurrency transactions, Whale Alert, has picked up on significant activity surrounding Dogecoin. Yesterday, this watchdog noticed a large quantity of Dogecoin – over several hundred million dollars’ worth – being transferred from the widely-used investment platform Robinhood. 🚨 150,000,000 #DOGE (23,552,001 USD) transferred from #Robinhood to unknown wallet— Whale Alert (@whale_alert) … Read more

Will Bitcoin Cash (BCH) Cross $1000 After Halving 2024?

The upcoming Bitcoin halving and hard forks of Bitcoin Cash (BCH) and Bitcoin SV (BSV) will impact each significant cryptocurrency similarly. BCH and BSV, two branches that evolved from Bitcoin, each experience their unique halvings. Nevertheless, these splinter versions remain influenced by the upcoming Bitcoin halving, which is set to occur in just a few … Read more

Bitcoin is finished? Think again

Bitcoins are considered risky investments, and given the tensions between nations that could lead to war, it’s possible that the sale of bitcoins may persist. However, unlike traditional assets, bitcoins exist beyond the monetary system and are not subject to government control. As such, they represent a form of financial freedom. War and finance Tensions … Read more

BlackRock’s Bitcoin ETF draws $73m amid sluggish market

On Monday, among all Bitcoin-linked ETFs in the US, only BlackRock’s Bitcoin ETF attracted investments, marking it as unique compared to others that either took in no new funds or faced outflows. Based on information from Farside Investors, the iShares Bitcoin Trust (IBIT) had inflows of approximately $73.4 million on April 15th. However, this was … Read more