Bitnomial has launched U.S.-based, “physically” settled bitcoin futures with a 35% margin.The contracts allow for efficient basis trading, eliminating the need to execute bilateral trades to unwind positions.The new offering also enables lenders and miners to hedge at scale. Bitcoin derivatives exchange Bitnomial has launched U.S.-based, “physically” settled bitcoin futures with a 35% margin, the company announced in a release…
Digital assets and investment management firm Galaxy Digital has released its third-quarter financial results. A standout figure in the firm’s Q3 results is its net comprehensive income—the total net assets of the company, including unrealized gains and losses—of $517 million, up 91% from last year’s figure of $41.5 million. “Our organic growth demonstrates our continued ability to capitalize on opportunities,…
The third bitcoin futures ETF to launch in the U.S. will go live tomorrow.The VanEck Bitcoin Strategy ETF will launch on Cboe as the SEC rejected the asset manager’s spot offering last week.VanEck will attempt to gain market share by offering the lowest fees among its competitors. VanEck announced that its bitcoin-linked exchange-traded fund (ETF), the VanEck Bitcoin Strategy ETF…
The Changelly team is happy to announce that the GMD has been listed both on Changelly and Changelly PRO. Thereby, users can effortlessly exchange GMD for other digital assets at floating rates on Changelly. Additionally, the $GMD/$BTC and $GMD/$USDT trading pairs are opened for trading on Changelly PRO. GMD is a native coin of the Coop Network, which is an…
ALEX, a decentralized finance (DeFi) services startup founded by former Wall Street veterans, has today announced it raised $5.8M in a round led by White Star Capital with participation from venture capital firms such as Cultur3, GBIC, and OK Blockchain Capital, among others. ALEX, which stands for “Automated Liquidity Exchange,” plans to use the fresh funding to grow its current…
sponsored Singapore, November 15, 2021 – The Tron Foundation (TRX), the world’s largest blockchain decentralized application operating system, and crypto-fiat hybrid payment solutions provider, Alchemy Pay (ACH), have announced a collaboration. Alchemy Pay will integrate the TRX token into its global crypto-fiat gateway. The partnership also further entails the support of Alchemy Pay by the Tron Foundation in the provision…
Zanzibar, a semi-autonomous territory in the United Republic of Tanzania, is reportedly exploring ways to regulate and adopt cryptocurrencies like Bitcoin (BTC). The government of Zanzibar is planning to conduct meetings with stakeholders like banks and ministries to discuss policies related to the cryptocurrency industry. Zanzibar Minister of State Mudrick Soraga announced the plans to Tanzanian news agency The Citizen…
From the art world to gaming to sports, the hype around non-fungible tokens (NFTs) has exploded in 2021. But as the technology matures, NFT developers are exploring their potential to build communities through trustworthiness, longer-term benefits, and opportunities for education and collaboration. First came the boom, as multimillion-dollar artwork sales grabbed headlines around the world, and holders of early NFTs…
A 37% November price rally in Litecoin (LTC) risks exhaustion as the “silver cryptocurrency” hints at forming a Double Top chart pattern. The classic bearish reversal setup appears when the price forms two consecutive peaks of almost the same height, with each upside move meeting with a strong correction towards a common support level, called the “neckline.” Typically, the price…
VanEck, one of the first United States-based asset managers to file for a Bitcoin (BTC) exchange-traded fund (ETF), is finally launching its Bitcoin futures ETF. According to an official notice by the Chicago Board Options Exchange (CBOE), VanEck’s Bitcoin Strategy ETF will start trading on CBOE under the ticker symbol XBTF on Nov. 16. VanEck’s new ETF is joining the…
