Bitcoin (BTC) hit $63,000 on Oct. 19 as the debut of the first regulated Bitcoin exchange-traded fund (ETF) saw solid uptake.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewETF launch sparks six-month BTC highsData from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting its highest levels since April 16 as the ProShares Bitcoin Strategy ETF ($BITO) began trading on the New York Stock…
Month: October 2021
Understanding The Interest Rate Fallacy
“After the U.S. experience during the Great Depression, and after inflation and rising interest rates in the 1970s and disinflation and falling interest rates in the 1980s, I thought the fallacy of identifying tight money with high interest rates and easy money with low interest rates was dead. Apparently, old fallacies never die.” –Milton Friedman, “Reviving Japan,” 1998 In this…
ProShares Bitcoin-linked ETF launches on NYSE as BTC price rises above $63K
The first Bitcoin futures-linked exchange-traded fund in the United States began trading on the New York Stock Exchange, opening at a price of $40 per share.According to the New York Stock Exchange, ProShares’ Bitcoin (BTC) Strategy ETF, the first exchange-traded fund allowing U.S. investors direct exposure to cryptocurrency futures, opened at a price of $40 per share of BITO before rising…
Non-Custodial Mobile Wallets on the Lightning Network
Watch This Episode on YouTube Watch/Listen To This Episode: [00:00:07] P: Today we’re going to be going through, as I said, lightning wallets, specifically Blixt wallet, which I have just discovered myself recently and is incredible. It’s already one of my favorite lightning wallets. We’ll be speaking with Hampus, who is the creator/active developer on the project and diving in…
Hindu Paramilitary Group Calls on Indian Government to Regulate Cryptocurrencies – Regulation Bitcoin News
Hindu nationalist group Rashtriya Swayamsevak Sangh (RSS) has called on the Indian government to regulate cryptocurrencies. “The government has to ensure that it is regulated in the larger interest of the society,” the group reportedly said. Rashtriya Swayamsevak Sangh Calls for Crypto Regulation Mohan Bhagwat, head of the Rashtriya Swayamsevak Sangh (RSS), said during his speech at an annual event…
NFT gaming proposition in question as regulators and traditional gaming pullback
The gaming industry is a multi-billionaire dollar market traditionally dominated by giant corporations like Atari, Sony, Microsoft and Nintendo, among others. Throughout their history, these major firms have aimed to provide entertaining gaming experiences to attract new players and expand their market share.However, nonfungible tokens (NFTs) are attempting to give gamers a financial incentive for playing games in the form of…
ZoidPay Chrome Extension Lets Shoppers Buy with Crypto on Amazon, eBay and 40M+ Online Retailers – Press release Bitcoin News
press release PRESS RELEASE. The ZoidPay Chrome extension will allow users to spend their cryptocurrencies on products, pay subscriptions, and even book flights with 40+ million online retailers. October 19th, 2021, Bucharest, Romania — ZoidPay has announced the launch of its Chrome Extension, allowing millions of users to shop using various cryptocurrencies with all online merchants across the world. Shop…
Compute North Atlas Mining Partner Expand US Operations
Two giants of the bitcoin mining world — Atlas Technologies and Compute North — are partnering up to take advantage of an unprecedented time to expand their US operations just as interest in US mining is at an all-time high. Serious chip shortages and backed-up supply lines resulting in equipment shortages are giving companies with ASICs like Atlas Technologies a step up in negotiating…
Riot Blockchain 200MW Immersion-Cooled Bitcoin Mining Operation
Today, Riot Blockchain announced their new 200 megawatt (MW) industrial-scale immersion-cooled bitcoin mining operation at its Whinstone facility which was acquired by the company earlier this year. This operation features two buildings that will host roughly 46,000 S19 series Antminer ASICs — all immersion-cooled. “After months of research and development, utilizing partnerships across industries, Riot is proud to be a…
Polkadot-based privacy project Manta Network raises $5.5M
Manta Network, a privacy layer project for the Polkadot ecosystem, has completed a new funding round to continue scaling decentralized finance (DeFi) use cases by boosting blockchain privacy.Announced Tuesday, Manta Network’s latest $5.5 million funding round included participation from more than 30 venture funds, including crypto hedge fund Coinfund and alternative investment firm Parafi Capital.Other investors included Web 3 investment…