Following the signaled approval of a futures ETF from ProShares, Bitcoin (BTC) entered this week above $60,000. And whether it will touch the fabled $100,000 this year will depend on the next few days, analysts say. Futures ETF launch The first Bitcoin ETF in the United States began trading today, sending the crypto to its…
Data from Messari shows, over a year, average transaction fees on the Cardano network have increased from $0.03 to $0.47 – this represents a 1,466% increase. Source: messari.io Transaction fees are calculated in ADA at a mainly fixed or constant rate. Therefore, it’s expected that as the price of ADA increases, so do the transaction…
Data from blockchain intelligence firm IntoTheBlock shows Bitcoin perpetual swap open interest (PSOI) hit close to $18 billion on Monday – a level not seen since mid-April, marking a 26 week high. Source: @intotheblock on Twitter.com The firm suggests that a possible reason for this is due to traders overleveraging their positions. What’s more, further…
Abstinence from DeFi is ‘no longer an option,’ states founder of Polygon-based QuickSwap Sameep Singhania is a blockchain and software engineer, who has worked on several projects, including Bonded Finance and ParaSwap, but hit the DeFi nail on the head when he and his team, frustrated by the growing Ethereum (ETH) fees, built QuickSwap (QUICK),…
High-speed “layer-0” blockchain Kusama has made a recent change in its schedule regarding the impending parachain auctions. One of the community council members has suggested a new proposal inviting votes from other members seeking one auction per week for the next seven leashes. What are parachains and why are they important? Parachains can be defined…
Grayscale Investments, announced today that NYSE Arca has filed Form 19b-4 with the Securities and Exchange Commission (SEC) to convert Grayscale’s flagship product, Grayscale Bitcoin Trust (OTCQX: GBTC), into a Bitcoin Spot ETF. We have long been committed to transforming $GBTC and our other investment products into ETFs, and we’re proud to deliver on that…
$5 trillion asset manager Fidelity applies for Bitcoin ETF FD Funds Management, a subsidiary of Fidelity Investments (which manages over $4.9 trillion in assets), yesterday filed a preliminary registration with the United States Securities and Exchange Commission (SEC) to launch a Bitcoin (BTC) exchange-traded fund (ETF). 2 min read →
A Deeper Look Inside the SEC’s Bitcoin ETF Rejections This post was last updated on November 7th, 2019 at 02:54 amWhile the broader cryptocurrency community awaited the United States Securities and Exchange Commission’s (SEC) decision on Bitcoin Exchange Traded Funds (ETFs), the watchdog rejected all nine applications made by three different players in one sweeping…
Regulated Bitcoin futures exchange Bakkt is set to go public on the New York Stock Exchange today, just over a year after it first offered physically-settled Bitcoin futures to investors in the US. Exposure to company exposed to Bitcoin Bakkt announced it had completed a business combination with VPC Impact Acquisition Holdings, a special purpose…
‘Dogenations’ campaign wants to raise Shiba Inu-inspired Dogecoin for homeless animals This post was last updated on October 16th, 2021 at 02:38 amPAWS Chicago, a non-profit animal shelter organization dedicated to building no-kill animal communities, recently launched “Dogenations” and started accepting Dogecoin (DOGE), Bitcoin (BTC), Ethereum (ETH), and 36 other cryptocurrencies for donations. 2 min…