BlackRock has received funding from a seed investor for its Bitcoin exchange-traded fund (ETF), according to a filing yesterday. The world’s largest fund manager received $100,000 in capital from the investor who bought shares from the iShares Bitcoin Trust on October 27, the filing shows. A seed capital investor initially funds an ETF to get it off the ground and…
Month: December 2023
Best in Show? Solana’s BONK Joins Dogecoin and SHIB as Top Dog Coins
History is being made this very moment—so long as you consider the fortunes of dog-themed meme coins to be a valid subject of historical inquiry. On Tuesday, ascendant Solana-based canine crypto token BONK hit another major milestone: It now sits among the top three “dog-themed coins” by market capitalization, having dethroned the Ethereum-based, Shiba Inu-inspired token FLOKI earlier today. BONK…
Helium Mobile Service That Lets Users Earn Crypto Expands Across US
Crypto-powered wireless phone service Helium Mobile is now available nationwide following an initial trial launch in Miami. Helium Mobile provides cellular phone service across the decentralized Helium network with support from T-Mobile’s nationwide 5G network, and lets subscribers earn crypto tokens through everyday use. According to Nova Labs, the startup that includes the original founders of the eponymous network, Helium…
Meme Coin Trading in Full Frenzy as Pepe Pops 26% to Hit $666M Market Cap
Meme coin Pepe (PEPE) is leading the altcoin rally today and is up more than 26% in the past day, according to CoinGecko. The digital token, which runs on the Ethereum network, is currently trading for $0.00000159. Over the past seven days, it has shot up 45%. Launched in April, the asset is based on the Internet meme of Pepe…
BTC price sets new 19-month high in ‘choreographed’ Bitcoin whale move
Bitcoin (BTC) returned above $42,000 on Dec. 5 as analysis remained suspicious of market manipulation. BTC/USD 1-hour chart. Source: TradingView Analysis: New Bitcoin bids not “organic” Data from Cointelegraph Markets Pro and TradingView showed a BTC price rebound taking BTC/USD to highs of $42,498 on Bitstamp. These beat the 19-month peak set the day prior, with retracements being short lived…
Hashkey exchange to onboard market makers to boost liquidity
Hashkey, one of the first crypto exchanges to be licensed in Hong Kong, will soon allow individual and enterprise market makers to provide liquidity on the exchange. According to the Dec. 5 announcement, individuals and entities can apply to be a market maker on Hashkey provided that they trade at least $5 million worth of cryptocurrencies per month on the…
Securing user data: 11 practical and effective tips for Web3 companies
Leaning into Web3’s strengths while following established protocols can create a strong, holistic data security strategy. Source: https://cointelegraph.com/news/securing-user-data-11-practical-and-effective-tips-for-web3-companies
Ethereum DEX Matcha Aims to Make It Easier to Trade Assets Across Chains
Crypto traders who like a little variety in their lives now have a new and potentially simpler way to trade assets across Ethereum-compatible networks. Ethereum DeFi exchange Matcha released cross chain swaps today, which allows users to trade tokens from one ETH-compatible chain, such as Polygon, to another, like Avalanche. This will matter for the token-flipping degens and investors who…
Jury in Terraform Labs case shouldn’t decide whether crypto is a security — SEC
Lawyers representing the United States Securities and Exchange Commission (SEC) requested the judge in its civil case against Terraform Labs and co-founder Do Kwon determine whether certain crypto assets are securities rather than a jury. In a Dec. 4 filing in U.S. District Court for the Southern District of New York, the SEC argued that the matter of cryptocurrencies as…
Trading for Pyth Network (PYTH) starts now
We’re thrilled to announce that Pyth Network (PYTH) is now available on Kraken! Funding and trading PYTH funding and trading are live. Add PYTH to your Kraken account by navigating to Funding, selecting the asset, and hitting Deposit. Only deposit PYTH on Solana. Deposits using other networks will be lost. Got PYTH and a Kraken account? ⤵️ PYTH is tradeable…