Crypto asset manager Valkyrie has filed an application with the United States Securities and Exchange Commission to trade an exchange-traded fund with exposure to Bitcoin mining firms on the Nasdaq Stock Market. In a Wednesday SEC filing, Valkyrie said its Bitcoin Miners ETF will not invest directly in Bitcoin (BTC) but at least 80% of its net assets would offer…
Days after falling to a 6-month low, bitcoin rose for a second consecutive session, as prices slowly approached its key level of $40,000. Today’s gain in BTC comes as the global crypto market cap was 4.7% higher from yesterday’s session, as of writing. Bitcoin The world’s largest cryptocurrency hit an intraday high of $38,415.90 on Wednesday, which is its highest…
intermediate Bitcoin, Bitcoin… Is there anything new to say about this cryptocurrency at this point? Even people who have zero interest in the industry have heard its name. As the number one cryptocurrency, it enjoys unimaginably high prices (up to $60K), a lot of attention, and, of course, much scrutiny. Bitcoin, alongside the rest of the crypto market, is known…
Non-fungible tokens (NFTs) can be used to represent almost anything—and while to date, they’ve mostly been associated with digital artwork, there’s no reason that they can’t be used to represent physical objects. Now, an NFT project based in Malta is testing the boundaries of what’s possible with these unique digital tokens, with an NFT representing a bundle of digital and…
Thailand has announced that cryptocurrency will be regulated as a means of payment for goods and services “to avert potential impacts on the country’s financial stability and economic system.” The announcement was issued by the Bank of Thailand, the Thai Securities and Exchange Commission, and the Ministry of Finance. Cryptocurrency Will Be a Means of Payment in Thailand The Bank…
Bitcoin payroll provider Bitwage launched a new platform.The update brings a redesigned dashboard and new features for workers and employers.The launch comes after one year of work on the new platform, Bitwage said. Bitwage, a provider of bitcoin payroll services since 2014, has launched its newest platform, featuring new additions to further facilitate the lives of companies and individuals seeking…
press release PRESS RELEASE. EverRise, the blockchain bridging and security solution provider that brought the buyback to crypto, expanded to the Fantom and Avalanche blockchains over the weekend. With the addition of these two blockchains, the EverRise token (RISE) and ecosystem is now available on a total of 5 blockchains. The Fantom and Avalanche blockchains offer EverRise an exciting opportunity…
A Quantum Computing graduate student has calculated how large a quantum computer would need to be in order to crack Bitcoin’s secure cryptographic algorithm. Mark Webber and his colleagues from the Ion Quantum Technology Group at the University of Sussex concluded that quantum computers need to be a million times larger than they currently are before ever cracking Bitcoin’s SHA-256…
Data centers minting cryptocurrencies in Kazakhstan were cut off from the nation’s power grid this week and will remain unplugged for the rest of January. The measure comes as the country faces electricity shortages blamed on crypto mining and blackouts in the cold winter months. Crypto Miners in Kazakhstan Left Without Power Bitcoin mining facilities in Kazakhstan were disconnected from…
Blockchain payments firm Ripple has announced a $200-million Series C share buyback, a decision that will take the San Francisco-based tech firm to a record-high valuation of $15 billion. Back in December 2019, Ripple raised $200 million in a Series C funding round with Tetragon Financial Group, a United Kingdom-based investment firm, acting as the lead investor alongside SBI Holdings and…
