The third Bitcoin Futures exchange-traded fund (ETF) in the U.S. has gone live on the CBOE under the ticker XBTF. VanEck’s Bitcoin Strategy ETF, which aims to track the value of Bitcoin futures, comes after the successful debut of ProShares Bitcoin Strategy ETF and Valkyrie’s ETF. VanEck’s Bitcoin-linked ETF does not hold actual Bitcoin, but rather invests in derivative products…
Month: November 2021
IOTA Foundation to launch staging network and reward token
The IOTA Foundation has announced the upcoming launch of a staging network, Shimmer, in a bid to advance the IOTA roadmap towards fully functional decentralization. The layer-1 network will act as an innovation testbed for developers and builders in the community seeking to evaluate decentralized finance (DeFi) and nonfungible token (NFT) applications. This sandbox model will allow them to establish…
Next Cryptocurrencies to Explode 2021
beginner The crypto market is extremely volatile, and cryptocurrencies that make it big can become shitcoins not a week later. However, some of those crypto coins and tokens manage to stay on top. Crypto investors are always on the lookout for surging cryptocurrencies, regardless of where those digital assets end up after their trip to the moon. Whether you want…
Liquid Staking Project pSTAKE Raises $10M to ‘Strengthen’ Cosmos, Ethereum Presence
Liquid staking protocol pSTAKE has today announced it secured $10 million in a strategic funding round led by Three Arrows Capital, Galaxy Digital, Sequoia Capital India, and DeFiance Capital. Other notable participants in the round include Coinbase Ventures, Tendermint Ventures, Kraken Ventures, Alameda Research, Sino Global Capital, and Spartan Group, along with angel investors representing such projects as Aave, Terra,…
Ethereum price risks losing $4K on ‘rising wedge’ breakout fears
A selloff in Ether (ETH) on Nov. 16 has increased the chances of ETH’s price falling below $4,000. ETH plunged 10% to around $4,100 on Tuesday, amid an ongoing market correction led by Bitcoin (BTC). In doing so, Ether dropped below its fourth-quarter upward trendline support. ETH/USD daily price chart. Source: TradingView ETH/USD also tested its 50-day exponential moving average…
79 Crypto Exchanges Dead in 2021 – Even More Than in 2020 – Press release Bitcoin News
press release PRESS RELEASE. November 2021, leading Crypto service comparison site – Cryptowisser, announces its annual Crypto exchange graveyard. The list serves as the only existing extensive database for “dead” cryptocurrency exchanges. Over the last year many exchanges have been victim to regulatory regulations, hacking, and a highly competitive growing market. Six exchanges from the detailed report were even closed…
Twitter CFO Says Crypto Is Too Volatile to Invest in Right Now
On Monday, Twitter’s Chief Financial Officer Ned Segal said that investing in crypto “doesn’t make sense right now” due to extreme market volatility and the industry’s lack of accounting rules, according to a report in the Wall Street Journal, Segal noted that in order for Twitter to invest in crypto, the social media giant would have to change its current…
Bitcoin stages ‘picture-perfect rebound’ at $58.5K as crypto liquidations top $875M
Bitcoin (BTC) recovered above $60,000 during Nov. 16 after a breakdown saw a trip to near $58,500. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Daily liquidations near $1 billion Data from Cointelegraph Markets Pro and TradingView tracked a resurgent BTC/USD as it reversed losses, which at one point topped 11%. After an overnight comedown accelerated, however, buyer support appeared to return…
VIDT Is Available on Changelly
beginner Changelly welcomes the VIDT token, which from now on will be available on the platform. Users can quickly and easily exchange VIDT tokens at floating rates. VIDT Datalink is a hybrid blockchain validation and NFT creation platform, which is already in use by numerous integrators. VIDT aims to secure authenticity through data integrity, thereby providing the fundamental checks needed…
Bitcoin Mining Raises Power Grid Fears in Texas
The United States overtook China as the world’s leading Bitcoin mining powerhouse earlier this year. Texas, in turn, became one of the most crypto-friendly states in the United States. But as more and more miners come to Texas, the state is facing a mining controversy. “They are energy hogs, absolutely,” Michelle Michot Foss, a fellow at the Center for Energy…