Eight years in the making, the United States Securities and Exchange Commissions (SEC) silent approval of a Bitcoin (BTC) exchange-traded fund (ETF) last week elicited a wave of exuberance in the crypto space and sent the price of the key digital currency to a new all-time high. Despite some analysts and industry participants having reservations regarding the nature of the…
Category: News
$10 Million to Fund the Next Wave of HUMAN Protocol Solutions – Press release Bitcoin News
press release PRESS RELEASE. The MetaHUMAN Foundation has announced a grants program to support a new generation of projects looking to adopt and build on top of HUMAN Protocol. Successful applicants will have access to an allocated fund of $10 million, to supercharge the adoption of the Protocol, and realize new possibilities for HUMAN technology across new use cases. HUMAN…
Solana Rises 10%, Overtaking XRP
Ethereum competitor Solana flipped the market cap of XRP, becoming the sixth-largest cryptocurrency in the world, according to data aggregator CoinGecko. Solana currently trades at $209.58, up 10.9% in the last 24 hours alone and roughly 30% higher than it was this time seven days ago. At 9.49 AM UTC this morningthe height of its price surgeSolana was trading at…
Changelly’s Halloween Season: the First Competition
Is it the most wonderful time of the year? Well, not yet. This one is the creepiest. Its time to dress up in the tracksuits from the Squid Game TV show, get your basket for some treats, and wander into a haunted house. This year, Changelly has prepared something to petrify you! Now, we are ready to share our spine-chilling…
Polymarket Under CTFC Probe for High Profile Crypto Bets
Polymarket, a self-described decentralized information markets platform, is facing a probe from the Commodity Futures Trading Commission (CFTC) for possibly falling foul of U.S. trading regulations, per Bloomberg. Polymarket is firmly committed to complying with applicable laws and regulations and to providing information to regulators that will assist them with any inquiry, a Polymarket spokesperson said. The CTFC reportedly declined…
How EX Sports NFTs Are Changing The Game for Niche Athletes
Freestyle footballer San Garnier could teach the Premier League a thing or two. Indeed, some of the worlds most famous soccer players have joined Garniers millions of social media followers in begging him to teach them his mind-blowing tricks. Now, Garniers using the emerging technology of non-fungible tokens (NFTs) to take his skills directly to his fanbaseand revolutionize the way…
BNY Mellon Urges Ireland to Adopt Crypto Rules Before EU Regulations, Report Reveals – Regulation Bitcoin News
As authorities in the EU are still discussing union-wide cryptocurrency regulations, a major U.S. bank has reportedly lobbied the Irish government to adopt its own rules for the space. BNY Mellon launched its digital asset business in Ireland this year to provide custodian services to institutional investors. Banking Giant BNY Mellon Calls for Irish Crypto Regulations U.S. banking corporation BNY…
Ethereum eyes rally against Bitcoin, with ETH price showing hidden bullish divergence
Ethereums native token, Ether (ETH), has been declining against its top crypto rival, Bitcoin (BTC), since Sept. 3. Ether dropped in value against Bitcoin by almost 25% after topping out in September at 0.07955 BTC. As the top altcoin declined, it left behind a trail of lower highs and lower lows, thus forming an ascending channel. Later, ETH/BTC broke the…
Competing Bitcoin ETFs Gear Up For ‘Brutal Fee War’
What once seemed a remote possibility, is now an accelerating reality as two U.S.-listed exchange-traded funds (ETFs) tied to Bitcoin futures debuted on Wall Street last week. An ETF is an investment vehicle tracking the performance of an asset or group of assets. In the case of a Bitcoin futures ETF, the particular asset is Bitcoin futures contracts traded on…
Nigerian president to unveil eNaira central bank digital currency
Nigerian President Muhammadu Buhari is set to officially introduce the countrys central bank digital currency (CBDC), the eNaira. The Central Bank of Nigeria (CBN) has published a document in which it reaffirmed its intention to introduce the eNaira after previously attempting but failing to do so on Oct. 1. According to the design paper for the eNaira, the CBN now…