SEC Chair Gary Gensler and Proshares CEO Simeon Hyman discussed the launch of the first Bitcoin-linked ETF in a CNBC breaking news segment on Tuesday.Proshares Bitcoin Strategy ETF, also known as BITO, is based on CME Bitcoin futures contracts. CNBC commentator Bob Pisano shared concerns from some investors that BTC futures could deviate from the BTC spot price:“The futures market…
On Tuesday, Concierge.io, the exclusive travel service backed by Travala.com announced it added new luxury services in order to give crypto investors “a more premium experience to live out their travel dreams.” The concierge service for “the crypto world’s elite” details its added experiences like a seven-star igloo in Antarctica, all-inclusive African safaris, and a stay at a Japanese castle.…
A high-profile blockchain lobby group is urging United States lawmakers to adopt a “technology-neutral” approach when it comes to stablecoin regulation, arguing that dollar-pegged cryptocurrencies do not pose a system risk to the financial system.In a 17-page letter addressed to the President’s Working Group on Financial Markets, which includes regulators from the Department of Treasury and Federal Reserve, the Chamber…
During bitcoin’s parabolic price increase this year, Twitter profiles with laser eyes suddenly emerged. “Anons” and celebrities, such as Elon Musk, added red lasers rays to their portraits and the hashtag #LaserRayUntil100k started to trend. As the hashtag indicated, the laser eyes were added as part of an internet ritual to increase bitcoin’s price to $100,000. But the laser eyes…
Bitcoin is a cryptocurrency, a digital asset created to work as a medium of exchange that uses cryptography to manage its development and management, rather than relying on central authorities. The history of bitcoin started with the innovation and was carried out by the assumed pseudonymous Satoshi Nakamoto, who incorporated lots of existing ideas from the cypherpunk neighborhood Background Prior…
First bitcoin futures ETF listed in the U.S. amassed over $1 billion in trading volume in its first day of trading. The NYSE-listed ProShares Bitcoin Strategy ETF gained 4.85% from its $40 opening price, closing at $41.94. This was the second-biggest ETF debut of all time in terms of trading volume. The ProShares Bitcoin Strategy exchange-traded fund (ETF) finished its…
press release PRESS RELEASE. Chimeras successfully raised over $2 million in its latest fundraising round, which will help to fund the play-to-earn project’s market and product development. October 18th, 2021 – The Chimeras Play-to-Earn metaverse project has completed its funding round with the participation of leading blockchain venture companies, including Master Ventures, AU 21, Poolz, BullPerks, X21, OIG Invest, Panda…
Crypto lending firm Celsius Network has confirmed it is one of three platforms requested to provide information to the New York Attorney General’s office.In an Oct. 19 blog post, Celsius said it was not one of the two unnamed crypto lending platforms New York Attorney General Letitia James ordered to “cease any and all such activity” around selling or offering…
Pop icon Mariah Carey is the latest celebrity to embrace Bitcoin (BTC) through the Winklevoss-led Gemini cryptocurrency exchange, offering another sign that digital assets are becoming mainstream. In a video message to her 10.2 million Instagram followers, Carey announced Tuesday that she is partnering with Gemini to boost Bitcoin adoption and support girls of color in their pursuit of STEM degrees…
Major cryptocurrency exchange Coinbase has inked a deal with the National Basketball Association, giving the platform the opportunity to educate basketball fans on crypto.In a Tuesday announcement, Coinbase said it would become the exclusive cryptocurrency platform partner of the National Basketball Association, or NBA, Women’s National Basketball Association, NBA G League, NBA 2K League and USA Basketball as part of…
