A filing from the U.S. Securities and Exchange Commission, or SEC, shows BlackRock Financial Management has increased the number of its Bitcoin futures contracts since Q1 2021.According to a Sept. 28 filing with the SEC, the BlackRock Global Allocation Fund included 54 Bitcoin (BTC) futures contracts issued through the Chicago Mercantile Exchange as of July 31. The contracts, which expired…
“Don’t fight the trend” is an old saying in the markets, and there are other variants of the phrase like “never catch a falling knife.” The bottom line is that traders should not try to anticipate trend reversals, or even worse, try to improve their average price while losing money.It really doesn’t matter whether one is trading soy futures, silver,…
While celebrities and athletes have been jumping into the non-fungible token (NFT) scene headfirst, a large quantity of music acts have also entered the NFT industry. On Tuesday, a lineup of world-famous DJs are being represented in a newly launched NFT collection called Djenerates. The NFT collection is supported by prominent DJs like Carl Cox, Paul Oakenfold, Paul Val Dyk,…
The Ethereum network’s long-planned upgrade to a scalable, proof-of-stake consensus model grows closer as developers set a date for the Altair upgrade. Altair, which is described as the first mainnet upgrade to the Beacon Chain, is scheduled to take place at epoch 74240, or roughly Oct. 27, according to Ethereum Foundation researcher Danny Ryan. Ryan described the technical upgrade as follows:“This…
Fresh off the launch of its $25 million venture fund, OP Crypto Capital Management Ltd. seeks to play a more active role in the lifecycle of blockchain startups ranging from gaming to Web 3.0. Former Huobi executive turned founder David Gan spoke with Cointelegraph about the transition from his former company, the growth potential of crypto niches and the role…
On Tuesday, the crypto firm FTX Trading Ltd, announced that the Green Bay Packers running back Aaron Jones has joined the company as an FTX Ambassador in a long-term partnership. The collaboration with the NFL player follows the firm’s partnership with seven-time Super Bowl winner Tom Brady and his wife Gisele Bündchen. FTX Inks Long-Term Partnership With NFL Running Back…
sponsored Singapore-based cryptocurrency derivatives exchange Bitget announced a partnership with Juventus to become its sponsor. According to the agreement, Bitget will act as Juventus official partner and official cryptocurrency exchange partner, and also its first-ever sleeve partner. Established in 1897, Juventus is one of most time-honored and award-winning football clubs worldwide. It was the first club in the history of…
On Bitcoin’s 12th anniversary, a mystery miner from the early days spent 1,000 decade-old bitcoins that were mined in 2010. The strange miner was not the only entity that spent 2010 BTC block rewards during the last nine months, but this miner returned on a few occasions to spend strings of ten-year-old block rewards. As the end of 2021 nears,…
Immutable X, the scaling solution for layer-2 NFT protocol Immutable, has penned an agreement with Together Labs to integrate into the platform’s native social metaverse IMVU. The partnership will foster the creation and distribution of NFTs within the game’s virtual ecosystem.IMVU, pronounced “imm-view,” is a blockchain simulation game akin to The Sims or Second Life in which players can design,…
Changelly welcomes yet another token available for exchange on the platform — the WBTC token. Users can exchange WBTC for other digital assets at floating rates. Wrapped Bitcoin is a tokenized version of Bitcoin (BTC) that runs on the Ethereum (ETH) blockchain. WBTC is compliant with ERC-20, which allows it to be fully integrated into the latter’s ecosystem of decentralized…
