VanEck, one of the first United States-based asset managers to file for a Bitcoin (BTC) exchange-traded fund (ETF), is finally launching its Bitcoin futures ETF. According to an official notice by the Chicago Board Options Exchange (CBOE), VanEck’s Bitcoin Strategy ETF will start trading on CBOE under the ticker symbol XBTF on Tuesday. VanEck’s new …
Continue reading “VanEck Bitcoin futures ETF to launch on CBOE on Nov. 16”
Circle, the United States-based issuer of USD Coin (USDC), has set its sights on thriving Asian crypto markets. In a move to strengthen its presence in Asia, Circle picked Singapore to establish a regional headquarters. The company is also setting up an investment arm called Circle Ventures, according to Circle CEO Jeremy Allaire’s interview with …
Continue reading “Circle to invest in Japanese yen stablecoin as part of expansion to Asia”
Bitcoin (BTC) begins a new week with a race toward all-time highs as bulls save the day — and the week — at the last minute. A week of sideways BTC price action came to an end just in time for the weekly close, with Bitcoin bouncing back to $66,000. It is a classic move …
Continue reading “‘Bull market distribution has begun’ — 5 things to watch in Bitcoin this week”
HodlX Guest Post Submit Your Post Nayib Bukele is synonymous with Bitcoin. The Salvadorean president bet big on crypto – officially. Some politicians speak, Bukele acted, officially making Bitcoin legal tender in his country. His is the first such large-scale national test of the cryptocurrency. The experiment is, politically, his alone. And when one’s political future …
Continue reading “In the Land of Volcanoes, Bitcoin Makes the Case for Renewables”
HodlX Guest Post Submit Your Post Binance Coin (BNB) is unloading a trend wave that could reach $1,500 within the next few months. Using Elliott Wave Theory as our guide, we inspect the market’s trends (called ‘waves’) to determine where we are within the eight-wave Elliott wave sequence. Within the idealized eight-wave structure, the market …
Continue reading “Binance Coin (BNB) Eyes $1,500 Within Current Trend: Elliot Wave Analysis”
Nonfungible tokens (NFTs) continue to disrupt the mainstream entertainment industries, with NFT gaming firm Animoca Brands partnering with Korean record label, talent agency and music production company, Cube Entertainment, to build a “K-pop music metaverse.” Announced on Nov. 15, the partnership will see Animoca and Cube work together to create multimedia NFTs celebrating popular actors …
Continue reading “Animoca Brands unveils plans for K-pop NFT metaverse”
A popular crypto strategist and trader is highlighting a crucial resistance area for XRP that it must take out to clear the way for a new all-time high. Pseudonymous crypto analyst Credible tells his 263,300 followers that XRP is currently taking it one level at a time and should see clear skies to new all-time …
Bloomberg Intelligence’s senior commodity strategist Mike McGlone says crypto may have one big advantage over the stock market. The closely followed strategist compares the S&P 500 to the MVIS CryptoCompare Digital Assets index which tracks the performance of the 10 largest and most liquid digital assets. According to McGlone, the ability of digital assets to …
Washington-based think tank Pew Research Center is revealing that a considerable number of young American adults have dabbled in cryptocurrencies. Based on results from a new survey, Pew says that most Americans are familiar with digital assets. “Overall, 86% of Americans say they have heard at least a little about cryptocurrencies, including 24% who say …
Crypto exchange titan Coinbase is adding new features to its trading platform. According to a company blog post, Coinbase is launching a way for users to share the details of their crypto portfolio with others. “We’re making it easier to share information around your assets, such as price changes or portfolio allocations. Simply tap the …
Crypto analyst Nicholas Merten says that while he’s bullish on Bitcoin, predictions of BTC going to $100,000 this year are likely overly optimistic. In a new strategy session, Merten says that BTC’s relatively tame reaction to the launch of the Bitcoin futures-based exchange-traded fund (ETF) could be a tell-tale sign that it will take much …
This year has seen a number of high profile partnerships formed between the cryptocurrency sector and major sports leagues, teams and individual players. Nowadays players engage with their fans by issuing limited edition NFTs and other perks that are associated with crypto and blockchain technology. Crypto companies are also making their presence known stitching their …
Continue reading “Chiliz (CHZ) gains 170% after launching live in-game NFTs for fan token holders”
Bitcoin’s (BTC) bullish sentiment received a minor setback on Nov. 12 afte the Securities and Exchange Commission (SEC) rejected VanEck’s Bitcoin exchange-traded product that planned to track Bitcoin’s spot price. However, this negative development was followed by the successful activation of the Taproot soft fork on November 13. Bitcoin developer Hampus Sjöberg, who runs a …
Continue reading “Top 5 cryptocurrencies to watch this week: BTC, LTC, LINK, VET, AXS”
Could the decentralized world built on blockchain technology win the battle with a large-scale quantum computer of the nightmares? News that two teams of Chinese scientists have achieved quantum advantage — a technical term for when a computer can perform functions beyond that of a classical computer — may be the signal that we have …
Continue reading “Without quantum security, our blockchain future is uncertain”
It is the integration of nonfungible tokens into the Metaverse that has initiated the transformation of our interactions in virtual worlds. Blockchain is a core technology that differentiates itself from other technologies by having solved the double expense with the emergence of the Bitcoin blockchain in 2008. Nonfungible tokens, or NFTs, were driven by blockchain …
Continue reading “Why are major global brands experimenting with NFTs in the Metaverse?”
