Bitcoin News Official Today TheBitTimes.com

CoinShares, a provider of crypto exchange-traded products in Europe, is optimistic about spot Bitcoin ETFs in the United States. European crypto currency investment firm CoinShares is optimistic about crypto currency regulation in the United States as the firm enters the new market. On Sept. 22, CoinShares officially announced the launch of its new division, CoinShares Hedge Fund Solutions, marking the first time the firm introduce its offerings to qualified U.S. investors. CoinShares’ entrance into the U.S. market comes at a time when many U.S. crypto firms are looking at expanding their businesses outside the country due to regulatory hurdles at home. One such firm, cryptocurrency exchange Coinbase, has been actively pushing expansion in Europe and the United Kingdom amid facing a lawsuit from the U.S. Securities and Exchange Commission over an alleged violation of securities laws. Many crypto industry observers and participants have claimed that the U.S. government's approach ...

In a deleted customer service message, Binance said that the failed withdrawals were caused by temporarily suspended EUR transactions through SEPA. Binance cryptocurrency exchange customers are allegedly facing troubles with fiat withdrawal s in Europe due to issues related to the Single Euro Payments Area (SEPA) transfers. The exchange has allegedly suspended euro withdrawal s and deposits via SEPA, Binance’s customer support wrote in a now-deleted message on X (formerly Twitter) on Aug. 20. In the now-deleted message, the cryptocurrency exchange said it doesn’t have a specific time frame for restoring SEPA transfers, adding that its payment provider “can no longer support these transactions.” “We understand the inconvenience this has caused, and we're actively working to resolve this as soon as possible,” Binance said in a tweet that has since been deleted. The statement came in response to an alleged Binance user in Europe, who claimed to have bought a “large amount of EUR on ...

Despite Bitcoin failing as an inflation hedge in 2021 and 2022, its limited supply may still attract more attention if inflation remains above central banks’ targets. The ongoing crypto currency winter and massive collapses in the industry do not mean that digital asset s like Bitcoin (BTC) are doomed to fail, according to a major European asset manager . Despite BTC failing to protect investors against rising inflation in 2021 and 2022, Bitcoin’s limited supply may still attract more attention if inflation remains above central banks’ targets, according to investment executives at Paris-based investment manager Amundi. Amundi chief investment officer Vincent Mortier and macroeconomist Tristan Perrier on March 2 released a thematic paper analyzing the state and the perspectives of the crypto market. The executives argued that Bitcoin has failed to serve as an inflation hedge over the past two years due to “dramatic rises in policy and market interest rates” that pressured “all asset ...