Valkyrie Funds’ Bitcoin Futures ETF ($BTF) went live on Nasdaq earlier today, becoming the second Bitcoin Strategic ETF to get SEC’s approval after ProShares launched its $BITO made its debut on New York Stock Exchange (NYSE) 3 days back. Valkyrie’s $BTF would exclusively track the value of the Chicago Mercantile Exchange (CME) Bitcoin futures market. […] [Read More...]

Bitcoin (BTC/USD) worth $6.8 million held by the DarkSide ransomware group, which was involved in the Colonial Pipeline attack in May, is on the move, analytics company Elliptic reported, cited by CoinDesk. The analyst associates the activity with another ransomware group – REvil, which is closely connected to DarkSide. Ransom was dormant until yesterday After […] [Read More...]

Rehabilitation will commence in a month- around 20 November. over 850k Bitcoin was stolen from Mt.Gox in 2014 The long-running Mt.Gox rehabilitation program has moved one step closer to seeing victims receive a share of the reclaimed Bitcoin (BTC). The good news to the defunct exchange’s creditors follows the end of voting on a rehabilitation […] [Read More...]

The first-ever Bitcoin exchange traded fund (ETF), offered by ProShares, launched on Tuesday this week. It is trading under the ticker symbol BITO and will allow stock investors to gain exposure to the digital currency without actually buying it on a crypto exchange. How and where to buy the Bitcoin ETF What is the Bitcoin […] [Read More...]

Amid all the Bitcoin fanfare and the launch of the first U.S. Bitcoin ETF, the world’s second-largest cryptocurrency Ethereum is also making strong moves. The ETH price has rallied past $4000 and is currently approaching its all-time high of $4400. As of press time, ETH is trading 8.38% up at a price of $4178 with […] [Read More...]

Ethereum is on the final approach to $4,400 after bringing down the barrier at $4,000. The SuperTrend and the MACD indicators sustain buy signals as buyers flock to the market. The cryptocurrency market is currently shining a light on the altcoins following weeks where Bitcoin has solely rallied to higher levels. Ethereum appears to be […] [Read More...]

The first-ever Bitcoin Futures ETF by ProShares made its debut in the US on Tuesday on the New York Stock Exchange (NYSE) after months of speculations. The numbers and volumes that the $BITO ETF did on the first day surpassed many people’s expectations and created many new records. Let’s take a look at some of […] [Read More...]

The long wait for a Bitcoin futures exchange traded fund (ETF) in the United States was finally over yesterday as the ProShares Bitcoin Strategy ETF started trading on a US exchange. At the end of the first day of trading, the ETF trading under the ticker symbol $BITO surpassed $1 billion in volumes. This ETF […] [Read More...]

The west African nation of Ghana has been pulling all gears to push further the use of its central bank digital currency (CBDC) e-Cedi. As per the latest development, the central bank of Ghana aims to bring e-Cedi use to offline transactions. Meaning, that digital currency can facilitate transactions even without the need for power […] [Read More...]

The XRP lawsuit seems far from over as the latest happenings in the case indicate a possible extension into the new year as well. What started as SEC’s crackdown on unregistered securities has taken a different turn as the case has progressed and now it seems SEC is the real defendant in the case as […] [Read More...]

Binance Coin (BNB/USD) has been on a major bullish rally, with the token making 20% gains over the past week. These gains are being attributed to developments in Binance’s network. Binance has announced that more than one million BNB tokens have been taken out of circulation during this token burn. These coins are valued at […] [Read More...]

The US’ BTC hashrate share increased by more than 400% since 2020—with most of the increase seen over the past few months The United States currently accounts for most of the hashrate on the Bitcoin network and has, in the process, toppled China, data has shown. As of July this year, 35.4% of total computing […] [Read More...]

Popular asset manager Bitwise has filed for a Bitcoin Exchange Traded Fund (ETF) product with NYSE Arca, a major move it is making after the rejection of its previous applications. As unveiled by the company’s Chief Investment Officer, Matt Hougan, Bitwise currently has an active Bitcoin Futures ETF application, however, the firm believes that an […] [Read More...]

Options are seemingly thinning for Chinese users after crypto exchange platform Binance revealed its exodus plans from the Chinese market Binance, the world’s leading digital assets platform, today announced that it will be getting rid of the over-the-counter marketplace for Chinese yuan at the end of the year. The platform, which has a huge volume […] [Read More...]

Ark Invests’ Cathie Wood is going all guns blazing when it comes to being a Bitcoin bull. As per the latest SEC filing, Ark Invest has applied for a Bitcoin ETF tracking the BTC futures. This comes as the SEC has shown willingness to approve such a derivative product rather than directly tracking the underlying […] [Read More...]

Why Is Binance Coin (BNB) Price Surging? Among many reasons recent 1 billion USD fund for project development of DApps on the Binance Smart Chain [BSC] is one major catalyst fueling the BNB price.  The crypto data tracking service, Santiment spotted an increase in demand for BNB on wallets with BNB whales acquiring roughly 412K […] [Read More...]

After major consolidation at around $400 levels for the last week, Binance Coin (BNB) is showing strong price action gaining 15% today. As of press time, BNB is trading 14.57% up at a price of $465 and a market cap of $78 billion. With its recent price rally, BNB has once again flipped Cardano (ADA) […] [Read More...]

If something good that’s happening to Litecoin (LTC) as of now is that there’s a sudden surge in the Litecoin address activity as of now. On-chain data provider Santiment reported that Litecoin has flipped the world’s second-largest blockchain platform Ethereum (ETH) in terms of address activity. The data provider reports: Litecoin has just flipped #Ethereum […] [Read More...]

After cracking down on cryptocurrencies, UK regulators are now coming for Non-Fungible Tokens (NFTs). The UK Gambling Commission (UKGC) has issued a notice against the French NFT start-up, Sorare, stating that the platform is operating without a UK gambling license. While UKGC has not taken any legal action against Sorare, yet in its ‘consumer information […] [Read More...]

JP Morgan’s CEO Jamie Dimon is not a big Bitcoin fan and he has made it known over the years and his skepticism continues despite $BTC reaching new highs. Dimon is among the very few skeptics who have maintained his disliking towards $BTC throughout, first, he called it a bubble and predicted it would burst.  […] [Read More...]