ProShares’ Bitcoin futures exchange-traded fund (ETF) is exploding onto the market with the second-biggest ETF launch of all time. Eric Balchunas, a senior ETF analyst at Bloomberg, says on Twitter that the ProShares Bitcoin Strategy ETF (BITO) had more than $993 million in total trading volume on its first day of availability. ADVERTISEMENT Balchunas …
Yearly archives: 2021
VanEck Bitcoin Strategy ETF will likely launch next week as crypto prices reach ATHs
The United States Securities and Exchange Commission, or SEC, has likely approved asset manager VanEck’s Bitcoin Strategy exchange-traded fund (ETF), with trading expected to begin on Monday. In a Wednesday filing with the SEC, VanEck said the public offering of its Bitcoin (BTC) Strategy ETF, which offers exposure to the crypto asset through futures contracts, …
Famed Brit photographer Platon’s NFTs have stars in their eyes
Platon, the British photographer famous for his close-up portraits of world leaders, is using NFT photos of the human iris to show how humans can be reduced to a unique but unrecognizable image. He even did one self-portrait of his own iris — but, if placed in an iris lineup, he could not tell his …
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Mono X launches mainnet on Ethereum and Polygon
Automated market maker (AMM) MonoX has announced the official launch of its mainnet platform, offering investors a full complement of swap and liquidity capabilities on the Ethereum and Polygon blockchain networks. With the release of this new service, Mono X is aiming to establish a cost-effective and accessible infrastructure for liquidity providers seeking to propel …
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BREAKING: Bitcoin officially hits new all-time high above $65K
Bitcoin (BTC) has hit a new all-time high in United States dollars as a long-awaited surge pushes BTC/USD into price discovery. BTC/USD 1-hour candle chart (Coinbase). Source: TradingView Bitcoin back in price discovery Data from Cointelegraph Markets Pro and TradingView showed Bitcoin breaching the $64,900 ceiling in place since April. On the second day of …
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Coinbase, Visa, and More: Seven Companies With Upcoming NFT Plans
Major companies are beginning to take part in the non-fungible token trend. Here are seven firms to watch. Several major companies have recently announced efforts involving NFTs or non-fungible tokens, also known as “cryptocollectibles.” These tokens feature artwork or other digital media that is unique or available in limited quantities. In recent weeks, various companies …
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DAY LONG NEWS ROUNDUP: LATEST NEWS 20/10/21
Stay updated on the latest developments taking place in the world of crypto and blockchain as we bring you the top headlines from 20/10/21. Galaxy Interactive Raises $325 Million For Developing Metaverse and Next Gen Games Galaxy Interactive, which is a venture capital firm focused on the next generation of interactive technologies, recently declared that …
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Analyst Unveils Massive XRP Price Prediction, Says Ethereum Set To Shatter Historic Line of Resistance
A closely followed crypto analyst and trader says XRP is getting ready to ignite a strong move to its all-time high, while adding that demand for Ethereum (ETH) looks healthy. The pseudonymous analyst Credible tells his 249,600 Twitter followers that XRP appears to be mirroring price action from earlier this year when it surged from …
MDT introduces blockchain oracle to accelerate DeFi adoption
Measurable Data Token (MDT) has announced the launch of a blockchain-based oracle service, Measurable Finance (MeFi), which has been designed to connect traditional financial data markets to the decentralized finance (DeFi) sector. In its primary showcase of utility, the project constructed a decentralized application (dApp) —accessible on both the Ethereum and Testnet blockchains — which …
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Subsidiary of Mexican airline Volaris accepts Bitcoin payments
As a result of El Salvador’s mainstream Bitcoin (BTC) adoption, Volaris El Salvador, a local subsidiary of budget Mexican airline Volaris, will accept Bitcoin as payment. The Bitcoin move comes a month after Salvadoran aviation authorities gave Volaris’s local subsidiary permission to operate in the country. Salvadoran President Niyab Bukele took to Twitter to announce …
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Competition drives young traders’ crypto investments, says UK watchdog
Most young investors in the United Kingdom are entering the crypto market thanks to the hype on social media and news, but they are not aware that the market is not regulated, a new study published by the U.K. Financial Conduct Authority (FCA) revealed. The survey revealed that a majority (69%) of the investors under …
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Russian officials consider proposal to mine Bitcoin with associated gas
The Russian government is considering a new project to mine Bitcoin (BTC) with associated petroleum gas. Vasiliy Shpak, deputy minister of Industry and Trade of Russia, has reportedly filed a proposal with the Russian central bank and the Ministry of Digital Development to use the country’s oil field equipment for mining cryptocurrency. According to a report …
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Ethereum 2.0 Moves Closer To Proof-of-Stake: What’s Coming Next?
Scalability and security are the biggest concerns for many blockchain networks. Over the years, Ethereum has released many updates to enhance performance and increase efficiency for the network. The London hard-fork update EIP-1559 is one of its efforts to stabilize transaction fees that would improve user experience. In essence, those updates didn’t even slightly help …
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Proshares Bitcoin ETF logs over $1 billion in trading volume
In an indication that the crypto community has been waiting tirelessly for a Bitcoin exchange traded fund (ETF), available data has shown that Proshares Bitcoin futures ETF, the first of its kind in the United States, saw a trading volume of over $1 billion in its first day of trading. ProShares sees $1 billion in …
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New Cosmos (ATOM) partnership seeks to expand blockchain gaming for players worldwide
Tendermint, the software development company behind Cosmos, and the Interchain Foundation (ICF), have announced a partnership with Forte, an organization building a blockchain platform for video games. Gaming partnership As core contributors to the Cosmos Network, Tendermint’s partnership with Forte creates accessibility to blockchain gaming for all developers and gamers who can easily integrate their …