SEC rejects WisdomTree’s application for spot Bitcoin ETF

The United States Securities and Exchange Commission, or SEC, has officially disapproved asset manager WisdomTree’s spot Bitcoin (BTC) exchange-traded fund (ETF) after deferring on a decision several times this year. According to a Wednesday filing, the SEC rejected a proposed rule change from the Cboe BZX Exchange to list and trade shares of WisdomTree’s Bitcoin Trust. …

Crypto Biz: Wall Street veteran launches $1.5B crypto fund, MELD ISPO shines spotlight on Cardano, Dec. 2

Crypto converted another Wall Street veteran this week after former Citi executive Matt Zhang launched a $1.5 billion digital asset fund. A new funding mechanism allowing users to access early-stage crypto startups shined the spotlight on Cardano’s massive community. One of Latin America’s biggest crypto exchanges raised $50 million in private funding to expand its …

First NFT-focused ETF lists on NYSE Arca

On Thursday, registered investment adviser and fintech firm Defiance announced it has launched the first nonfungible token (NFT)-focused exchange-traded fund (ETF) on the New York Stock Exchange Arca. The fund is listed under the ticker symbol NFTZ and has a management fee of 0.65% per year. The fund does not directly buy and hold NFTs …

Bitcoin Price Prediction: BTC/USD Retraces Below $57,000

Bitcoin Price Prediction – December 2 The Bitcoin price indicates bearish momentum as further upside got rejected and bullish momentum seems to be lost. BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $62,000, $64,000, $66,000 Support Levels: $52,000, $50,000, $48,000 BTCUSD – Daily Chart Buy Bitcoin Now At the time of writing, BTC/USD …

Macro Guru Raoul Pal Says One Crypto Asset Is in the Center of the Metaverse

Real Vision chief executive and macro guru Raoul Pal is offering his insights into the direction of the metaverse and which crypto project will come out on top. The former Goldman Sachs executive says in a new interview with InvestAnswers that although he’s made huge gains by investing in The Sandbox (SAND), valued at $6.19 …

The Taliban will never understand crypto, according to founder of LEARN Afghanistan

Pashtana Durrani, the founder of an organization working to make education available to women and girls across Afghanistan as the country remains under Taliban rule, said the Islamic fundamentalist group has poor financial literacy, especially when it comes to crypto. In a Wednesday interview with political commentator Tommy Vietor from Pod Save the World, LEARN …

Can Bitcoin rally in December? | Tune in now to The Market Report w/ Gareth Soloway

Join Cointelegraph host and analyst Benton Yaun alongside resident market experts Jordan Finneseth and Marcel Pechman as they break down the latest news in the markets this week. Here’s what to expect in this week’s markets news breakdown:  Bitcoin (BTC) has had the shallowest correction of the year so far, having fallen just 17% from …

Fidelity Canada officially launches Bitcoin ETF and Bitcoin Mutual Fund

On Thursday, Fidelity Canada officially launched the Fidelity Advantage Bitcoin exchange-traded fund (ETF) and the Fidelity Advantage Bitcoin ETF Fund (mutual fund), marking the first such assets to be made available in the country and confirming earlier reports on the matter. The funds have the tickers FBTC and FBTC.U, denominated in Canadian and United States dollars, …

How to eliminate FOMO and stick to a cryptocurrency trading strategy

New tools, including strategy packages, market scanning algorithms and other sell features, help automate an investor’s strategy. The HitBTC exchange and a crypto portfolio management tool Cryptohopper have partnered up in developing a solution that uses bots to help investors overcome emotional trading. Cryptohopper leverages their Marketplace Signalers option to help users by following the …

Over $100 million was made from metaverse land sales in one week

There is no doubt that interest in the fact that Metaverse and associated features like virtual lands and virtual real estate is on a romp presently. In fact, available data from DappRadar has shown that over $100 million was used in purchasing these virtual properties in the last seven days. Metaverse lands are in hot …

BlockDown to host historic discussion with Edward Snowden and Polkadot’s Gavin Wood about the future of Web3

This Friday, famed privacy activist Edward Snowden will be talking to Gavin Wood—, Creator of Polkadot, co-founder of Ethereum and coiner of the term “Web3”,—for a fireside chat at the BlockDown DeData conference, an event exploring data ownership, privacy, Web3, personal information security and self-governance in detail through panels, keynotes, fireside chats and debates. Wood …

Not waiting around for the SEC, Fidelity will launch a spot Bitcoin ETF in Canada

Fidelity Investments will be launching its spot Bitcoin ETF in Canada this week, according to Eric Balchunas, Senior ETF Analysts at Bloomberg, who broke the news on Twitter. While the US Securities and Exchange Commission (SEC) fends off similar products, the Boston-based multinational financial services corporation will be launching its new Bitcoin spot-based ETF on …

Bitcoin DeFi tool BadgerDAO hit by estimated $120 million hack

Decentralized autonomous organization BadgerDAO recently suffered a major exploit, and according to the current speculation the attack was executed via the DeFi protocol’s front-end. Without revealing any details related to the attack, the team confirmed receiving reports of unauthorized withdrawals of user funds on Twitter, announcing it paused all smart contracts in order to halt …

Multichain liquidity aggregator Symbiosis to list on Bybit and Gate

› DeFi Protocol breaks up the status quo in blockchain interoperability with a one-click solution for any-to-any token swaps regardless of the networks, both EVM and non-EVM are supported. Sponsored · December 2, 2021 at 1:22 pm UTC · 2 min read Go to Source

Exploit Allows Hackers to Siphon $120 Million From Defi Protocol Badgerdao

The decentralized autonomous organization (DAO) called Badgerdao has disclosed that it has “received reports of unauthorized withdrawals of user funds.” The analytics team Peckshield estimates that over $120 million was siphoned in the Badgerdao breach. Badgerdao Suffers $120 Million Exploit — Engineers Pause Smart Contracts According to the official Badgerdao Twitter account, the team has …

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