On Friday, the Valkyrie Bitcoin Strategy Exchange-Traded Fund (ETF) launched on Nasdaq under the ticker BTF and dropped in value not too long after the ETF first came out of the gate. The second bitcoin ETF to launch in the United States followed bitcoin’s spot price movements on Friday, as BTF started the day above $25 and dropped to just…
In brief Tungsten cubes aren’t just a crypto meme anymore. They’re popular NFTs. A week ago, as Crypto Twitter waited for Bitcoin futures ETFs to land and price records to fall, talk amongst Bitcoiners settled around cubes of tungsten, the dense metal used for light bulb filaments and paper weightsprompting suppliers of the metal to sell out. Actual tungsten isn’t…
NFT development studio Mojito announced Friday that they have raised $20M in seed funding from a number of investors, including internationally known auction house Sotheby’s. According to an announcement published in Forbes, Sothebys auction house in partnership with Future Perfect Ventures, Creative Artists Agency and NEAs Connect Ventures, contributed to the round at Mojitos estimated value of $100 Million. The…
The long-awaited day finally came on Oct. 19 as the first Bitcoin (BTC) exchange-traded fund (ETF) went live on the New York Stock Exchange, thrusting the crypto asset into the limelight across mainstream news outlets and alternative media alike. Despite the fact that the ETF in question will hold no actual Bitcoin and is instead a futures-based instrument, investors and…
Traders who have yet to join cryptocurrency exchange, Bybit can now enjoy 3% bonuses on their first time deposits, capped at $3,000 per user. In addition, traders with combined trading volumes in both Spot and Derivatives of at least $100,000 will be automatically included in an exclusive lucky draw featuring a grand prize of 0.1 BTC. To be eligible to…
Bitcoin Sovereignty: Part One So, you have taken the orange pill and are now going down the Bitcoin rabbit hole. You may be wondering what’s at the bottom? What is the core innovation of Bitcoin, from which all of wonderland is created? The answer may surprise you. Along your Bitcoin adventure, you will meet many fascinating characters. They will tell…
The crypto asset solana has managed to capture more than 12% in gains during the last 24 hours and has recently positioned itself as the sixth-largest cryptocurrency market capitalization. The crypto asset’s overall market cap is around $62.2 billion, only 11% away from surpassing cardano’s market valuation at $69 million. Solana Takes the 6th Spot, Market Valuation Nears Cardano’s Market…
In brief Dogecoins price rose this afternoon following an Elon Musk tweet about it. This has happened many times in the past. Its a time-tested maxim in the cryptocurrency industry: when Elon Musk tweets about Dogecoin, the price usually goes up. And it happened again today. On Friday afternoon, the popular UberFacts Twitter accountwith more than 13 million followerstweeted, Elon…
BTC and ETH reversed course as both assets search for underlying support, suggesting that bears are attempting to trap over-leveraged bulls. Source link
In brief The London hard fork brought EIP-1559 into existence. The upcoming Altair upgrade will add features to the beacon chain. It’s been fewer than three months since the Ethereum blockchain underwent a massive network upgrade that changed how miners are paid. Now, the blockchain’s core developers are embarking on another update, Altair, set to go into effect on Wednesday,…
