Bitcoin & Crypto Updates

” Whenever you take an activity that people want to do or have to do,  and you find an easier and cheaper way to do it; it’s good for the economy. That raises productivity and facilitates transactions. ”
– Dr. Damien King,  Jamaican Economist

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Local Crypto News

Jamaica Stock Exchange Plans to Offer Cryptocurrency Trading Aug. 14th, 2018 – Jamie Redman via Bitcoin.com

The Jamaica Stock Exchange is interested in offering its clientele the ability to invest in digital assets. The JSE announced on Tuesday that the organization is partnering with the company Blockstation by signing a memorandum of understanding (MoU). The MoU states the two firms will enable JSE customers the ability to trade blockchain tokens within a secure and regulatory framework. JSE says that Blockstation’s network is well suited for managing digital currency trades, and the clearing and settlement of blockchain tokens. Read more…

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Global Crypto News

  • US Bitcoin ETFs: Daily Outflow Hits $120M
    by Faith Yakubu on April 25, 2024 at 10:09 pm

    Total net outflows from 11 U.S. spot bitcoin ETFs reached $120 million on Wednesday, with eight products recording zero flows, a trend deemed normal by analysts. Grayscale’s GBTC witnessed $130.42 million exiting the converted bitcoin ETF, while Fidelity and Ark […]

  • Bitcoin Ownership Surges as Small Addresses Hit Record High
    by Faith Yakubu on April 25, 2024 at 10:03 pm

    A recent report from Fidelity Digital Assets highlights a substantial increase in the number of Bitcoin addresses holding at least $1,000 worth of Bitcoin (BTC). Fidelity’s analysts reveal that this segment soared to an unprecedented 10.6 million wallets in mid-March, […]

  • BlackRock’s Bitcoin ETF Sees Inflow Boom End
    by Faith Yakubu on April 25, 2024 at 9:57 pm

    For 71 consecutive days, BlackRock Inc.’s Bitcoin fund experienced an impressive streak, accumulating nearly $18 billion in one of the most significant exchange-traded fund launches in history. However, investor interest has waned as the fervor surrounding cryptocurrencies […]

  • Bitcoin Achieves All-Time Low Inflation Rate Post-Halving
    by Faith Yakubu on April 25, 2024 at 9:45 pm

    Bitcoin’s inflation rate has plummeted to a historic low of approximately 1.74% following the recent Bitcoin halving. With 93.3% of Bitcoin already mined, amounting to 19.6 million out of a possible 21 million BTC, the scarcity element is poised to escalate demand, […]

  • Runes Dominate 68% of Post-Halving Bitcoin Transactions
    by Faith Yakubu on April 25, 2024 at 9:36 pm

    Runes, resembling BRC-20s, emerge as a significant protocol utilizing the Bitcoin network, claiming a substantial 68% share in Bitcoin transactions since the halving. However, Bitcoin miners face diminishing returns amidst this surge. Similar to BRC-20s, Runes operates by […]

  • FTC’s Non-Compete Ban: Victory for Crypto
    by Michelle Lazo on April 25, 2024 at 8:31 pm

    When news broke about the U.S. Federal Trade Commission’s decision to prohibit non-compete agreements, it brought back memories of my own experience leaving a blockchain startup to join another early-stage company. Upon my departure, my former employer sent a […]

  • Paystand’s DeFi-Driven Acquisition: Transforming B2B Payments
    by Michelle Lazo on April 25, 2024 at 8:14 pm

    Paystand (NASDAQ:PAYS) has made a strategic move by acquiring spend management software startup Teampay, aiming to establish a “no-fee B2B digital payment and spend powerhouse.” While the financial terms of the deal were not disclosed, Teampay has successfully raised […]

  • Ethereum (ETH) Investors Assess Potential for $4,000 Rally or $3,000 Dip
    by Stéphanie Bédard-Châteauneuf on April 25, 2024 at 7:40 pm

    Amidst a broader market crash, Ethereum experiences a 2.50% decline, fueling concerns of a potential drop to $3,000. Despite this setback, some investors maintain optimism for long-term gains, pointing to the possibility of a bullish trend triggered by Bitcoin Halving. However, […]

  • Industry Sources Anticipate SEC Denial of Spot Ether ETFs Next Month
    by Stéphanie Bédard-Châteauneuf on April 25, 2024 at 7:06 pm

    Industry insiders anticipate the Securities and Exchange Commission (SEC) will reject proposals for exchange-traded funds (ETFs) linked to the price of ether in the coming month, according to sources familiar with the matter. Several firms, including VanEck and ARK Investment […]

  • Asset Tokenization: A Paradigm Shift in Financial Markets
    by Michelle Lazo on April 25, 2024 at 6:41 pm

    Financial markets are experiencing a profound transformation with the rise of asset tokenization, signaling more than just a passing trend among technology enthusiasts. It represents a fundamental evolution in the management and transaction of assets on a global scale. The […]

  • CoinPoker Adopts Zero Withdrawal Fees Trend
    by Michelle Lazo on April 25, 2024 at 1:51 pm

    CoinPoker, a crypto betting app, has recently abolished all withdrawal fees on its platform, aligning itself with industry trends seen in online gambling sites like Rollbit. This strategic move is expected to enhance CoinPoker’s competitiveness and potentially attract more […]

  • Bitcoin Bulls Bet on Weaker Dollar for Rally Extension
    by Faith Yakubu on April 24, 2024 at 8:51 pm

    As the Dollar Index (DXY) experiences a recent pullback, crypto traders are banking on continued dollar weakness to fuel a resurgence in Bitcoin (BTC), although some banks hold a contrary view. Recent trends have seen Bitcoin trading within the $60,000 to $70,000 range since […]


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