Bitcoin futures ETF debuts with highest ever first day ‘natural’ volume of $1B
ProShares’ Bitcoin Strategy ETF saw around $1 billion volume on its opening day, with 24.313 million BITO shares changing hands. Go to Source Powered by WPeMatico
Month: October 2021
Coinbase Becomes Exclusive Cryptocurrency Platform for NBA, WNBA, USA Basketball
Cryptocurrency exchange Coinbase has partnered with the National Basketball Association (NBA). The Nasdaq-listed crypto company is now the exclusive cryptocurrency platform partner of the NBA, Women’s National Basketball Association (WNBA), NBA G League, NBA 2K League, and USA Basketball. NBA’s First Cryptocurrency Platform Partnership The Nasdaq-listed cryptocurrency exchange Coinbase and the National Basketball Association (NBA) … Read more
Proshares Bitcoin Strategy ETF Debut Captures Close to $1 Billion in Volume
The first bitcoin exchange-traded fund (ETF) launched in the United States and smashed records on Tuesday, capturing close to $1 billion in total volume. Eric Balchunas, the senior ETF analyst for Bloomberg said that the Proshares Bitcoin Strategy ETF (BITO) definitely “defied expectations.” Proshares Bitcoin ETF Commands Serious Volume Proshares Bitcoin Strategy exchange-traded fund (BITO) … Read more
SEC Chair Gary Gensler responds to concerns about first Bitcoin-linked ETF
In the same interview, Proshares CEO Simeon Hyman opined that regulated futures traded in a 40-act ETF will open the opportunity to get BTC exposure to a lot of folks who may have been waiting on the sidelines. Go to Source Powered by WPeMatico
Concierge Service Catering to Crypto Whales Sees 500% Increase in Clients Over the Last 6 Months
On Tuesday, Concierge.io, the exclusive travel service backed by Travala.com announced it added new luxury services in order to give crypto investors “a more premium experience to live out their travel dreams.” The concierge service for “the crypto world’s elite” details its added experiences like a seven-star igloo in Antarctica, all-inclusive African safaris, and a … Read more
Powerful blockchain lobby group urges Washington not to overregulate stablecoins
The stablecoin market is valued at over $130 billion and growing rapidly, putting federal regulators on high alert over systemic risk. Go to Source Powered by WPeMatico
Billionaire investor Carl Icahn thinks Bitcoin may be the best hedge for inflation
His comments were in line with Federal Reserve Chairman Jerome Powell, who mentioned that inflation was rising along with supply issues. Go to Source Powered by WPeMatico
Chimeras Play-to-Earn Metaverse Completes Successful Funding Round
PRESS RELEASE. Chimeras successfully raised over $2 million in its latest fundraising round, which will help to fund the play-to-earn project’s market and product development. October 18th, 2021 – The Chimeras Play-to-Earn metaverse project has completed its funding round with the participation of leading blockchain venture companies, including Master Ventures, AU 21, Poolz, BullPerks, X21, … Read more
Celsius responds to NYAG crackdown on crypto lending platforms
“If any regulatory or technical changes are required in a specific jurisdiction, Celsius will provide clear and timely communication as needed,” said the firm. Go to Source Powered by WPeMatico
Mariah Carey buys Bitcoin, hopes to empower fans through education
The Grammy Award-winning artist touted Gemini exchange’s crypto education platform and encouraged fans to learn about investing. Go to Source Powered by WPeMatico