While cheered emphatically by the crypto community, the bitcoin ETF’s simplicity hides many drawbacks, especially for long-term investors unfamiliar with the inner workings of the futures market and the rocky results of historical ETF launches. The First Crypto’s Saga Continues as Accessibility Broadens With the first Proshares bitcoin exchange-traded fund (ETF) with ticker BITO opening …
Yearly archives: 2021
PayPal logs its largest Bitcoin volume since May BTC price crash
Bitcoin (BTC) trading volumes on global payment service provider PayPal reached $145.60 million on Wednesday, just as the benchmark crypto rallied toward its record high near $67,000. The latest spike in volumes came out to be the highest since the May 19 Bitcoin price crash from around $43,500 to as low as $30,000. On the …
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New proposal aims to raise Binance Coin value by burning BSC fees
Amid the ongoing rally of Binance’s native token, Binance Coin (BNB), the developers of Binance Smart Chain (BSC) have proposed more measures to maintain the token’s deflationary model and improve its intrinsic value. According to a new Binance Evolution Protocol, BEP-95, BSC developers are considering introducing a real-time burning mechanism for a portion of gas …
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Crypto as a “public good” in the 22nd century
It’s been said that “Blockchain technology is not as decentralized as we think” and that critical decisions are made, not democratically, but by a small group of “agents of influence” often including founders, software developers, miners and other parties with a monetary interest in the matter. This notion is open to debate, of course, but …
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Blockstream raises $16M for its Bitcoin mining STO in a matter of hours
Major blockchain technology company Blockstream has completed six tranches of its Bitcoin (BTC) mining security token offering (STO), securing a total of 30.9 million euros ($36 million). Blockstream officially announced Thursday that the company raised 13.9 million euros ($16.1 million) in the sixth tranche of its Bitcoin mining-focused security token known as Blockstream Mining Note …
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Babylon Project 2.0 Invites Global Blockchain Innovators
World Blockchain Hackathon is once again here with another hackathon – Babylon Project 2.0 Hackathon. Blockchain Council is this year’s academic partner. All the blockchain innovators out there, brace yourself for a fun-filled hackathon. The term Hackathon has become extremely popular and synonymous with techies and computer professionals over the past several years. So what …
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Second US Bitcoin Futures ETF Launching Today – Here Are the Details
A new Bitcoin (BTC) futures exchange-traded fund (ETFs) rolls out today. Valkyrie Investments, an alternative asset management firm, is launching the country’s second Bitcoin futures ETF, according to CEO Leah Wald. ADVERTISEMENT The new product is called the Valkyrie Bitcoin Strategy ETF and will trade on the Nasdaq under the ticker symbol BTF. The …
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Top Crypto Trader Says Ethereum Rival Solana Will Outshine Both Bitcoin and ETH – Here’s His Target
A leading crypto trader and analyst says an Ethereum (ETH) competitor appears ready to surge by more than four times its current levels. The trader pseudonymously named Smart Contracter tells his 174,900 Twitter followers that Solana (SOL) will outshine both ETH and Bitcoin (BTC). ADVERTISEMENT His target price is now $900 – an appreciation …
Web Summit returns in-person event to delve into crypto, DeFi and NFTs
Major global technology conference Web Summit is returning to Portugal with an in-person event to delve into the world of fintech and cryptocurrency. On Nov. 1, Web Summit 2021 will kick off in Lisbon, Web Summit’s first physical conference since the beginning of the COVID-19 pandemic. The event covers topics from cryptocurrencies to geopolitics and …
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5 Best Cryptocurrency To Buy For The Weekend Rally October 2021 Week 4
The cryptocurrency market is cooling off a little after this week’s exuberance. It’s down by 1% in the past 24 hours, with bitcoin (BTC) and most major coins falling by comparable percentages. However, with overall sentiment remaining largely bullish, it’s likely that the rally could kick off again soon. Accordingly, we’ve compiled a list of …
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Pacaso: Real Estate Platform to Embrace Bitcoin & Ethereum for Payments
Pacaso, a fast-growing house co-ownership platform located in the United States, is the latest name to embrace cryptocurrency payments, announcing on October 20 that consumers will be able to buy and sell using token like Bitcoin and Ethereum. The extraordinary price volatility of bitcoin and other digital currencies has produced a cautious attitude in some …
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Balancer Integrates with Gnosis to Launch the Balancer-Gnosis-Protocol (BGP)
Two of Ethereum’s leading protocols, Balancer and Gnosis, have officially announced the launch of the Balancer-Gnosis-Protocol (BGP), which a new DEX developed as a result of the integration between the protocols. BGP combines the Vault architecture of Balancer V2 with Gnosis Protocol’s unique price-finding mechanism. The new DEX is available now so that users are …
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IOTA Smart Contracts Beta launches with Zero Fees, Interoperability, and EVM Compatibility
The IOTA Foundation, the non-profit driving open-source distributed ledger technology for a new digital economy, announced the beta release of IOTA Smart Contracts in a release shared with CryptoSlate. The fully functional smart contract solution offers a number of new features aimed at resolving current scalability and transaction fee issues while offering new features currently …
NFT thief returns 88 ETH ($368,000) after stealing from CreatureToadz
Creature Toadz NFT project suffered a theft of around $340,000 when a hacker, posing as a moderator, convinced community members to send 88 ETH to an address he controlled yesterday. However, in a surprising turn of events, he returned all of the stolen assets to the project. Hacker defrauds Creature Toadz community members of $340,000 …
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Jack Dorsey’s enigmatic tweet sets Bitcoin (BTC) mining rumours ablaze
The American billionaire technology entrepreneur, Jack Dorsey, best known as the co-founder and CEO of Twitter and the founder and CEO of the financial services and digital payments company Square, left the crypto community on Twitter wondering what is implied with the enigmatic number ‘705742.’ The ambiguity of his short numeric tease opened up the …
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