On Thursday, the trustee overseeing the Mt. Gox bitcoins transferred about 47,228.73 BTC to an undisclosed address. The transfer, valued at approximately $ 2.7 billion, leaves Mt. Gox with around 141,687 BTC worth nearly $ 8.1 billion. This significant transaction came after several test transfers were conducted earlier on July 4. The trustee …
Blackrock’s IBIT Leads as US Spot Bitcoin ETFs Enjoy 19th Day of Inflows
U.S. spot bitcoin exchange-traded funds (ETFs) marked their 19th straight day of inflows on Friday, gathering $ 130.99 million. Blackrock’s IBIT was once again at the forefront, with net inflows amounting to $ 168 million. Consistent Inflows for U.S. Spot Bitcoin ETFs The inflow trend for U.S. spot bitcoin ETFs continued, adding another …
China Debuts Digital Yuan Interconnection With Hong Kong Payment System During 19th Asian Games
The Chinese digital yuan, China’s central bank digital currency (CBDC), now features an interconnection with the Hong Kong payment system, allowing tourists coming to mainland China to purchase and top up a digital yuan wallet. The system, created by the Digital Currency Research Institute of the People’s Bank of China (PBOC), was tested just recently […]