VanEck files for a new Bitcoin futures mutual fund with US SEC
VanEck’s new “Bitcoin Strategy Fund” will invest in BTC futures, pooled investment vehicles and exchange-traded products providing exposure to Bitcoin. Go to Source Powered by WPeMatico
DIGIT
‘Say something, Elon Musk!’ Dogecoin sheds $70B in market cap since SNL
DOGE is down 70% from its all-time highs as a trader reiterates that altcoins have “no bottom.” Go to Source Powered by WPeMatico
Nicolas Maduro States Venezuela Pioneered Crypto Adoption in South America as Petro Use Flounders
President Nicolas Maduro stated that Venezuela was a pioneer in cryptocurrency adoption in Latam in an interview with Bloomberg last week. Venezuela is still one of the first cryptocurrency volume movers in South America. However, the petro token, its official cryptocurrency, has failed to pick up steam in national and international markets. President Nicolas Maduro … Read more
Bitcoin bear market confirmed? Analysts at odds over whales’ BTC exchange moves
Whale selling pressure is too great to preserve the bull market for now, one warning says, while similarities to 2017 provide a silver lining for hodlers. Go to Source Powered by WPeMatico
Existing Indian law could impose 2% levy on crypto bought from offshore exchanges
Existing law in India could mandate a 2% levy on cryptocurrency purchases from offshore-based exchanges servicing India’s market. Go to Source Powered by WPeMatico
With regulators handing out $2.5B in fines since 2014, crypto is not the ‘wild west’ of finance
A new report from Elliptic has found that unregistered securities offerings account for more than half of all crypto-related fines handed out by U.S. regulators. Go to Source Powered by WPeMatico
The First Kosher NFT Certificate Was Presented to the Minister of Finance of Israel
The JewCoin DAO Ecosystem, already notorious in the cryptocurrency market, is progressively developing. Last week, representatives of JewCoin, the first kosher DAO ecosystem, presented Israeli Finance Minister Avigdor Lieberman with a certificate for owning a unique NFT Digital Hamsa crypto amulet. NFT JewCoin DAO certificate for Avigdor Lieberman. We have to admit that the JewCoin … Read more
Bitfarms’ shares slump on Nasdaq debut amid crypto market pull-back
Bitfarms’ debuting shares have been unable to escape the bearish crypto meta-trend, despite the firm claiming its profits have increased amid the recent drop in Bitcoin hash rate. Go to Source Powered by WPeMatico
Three Ethereum Testnets Are Transitioning to the Highly Anticipated London Upgrade
According to a blog post on the Ethereum Foundation’s website, three Ethereum testnets leveraging the London hard fork will go live during the next few weeks. Ethereum core developer Tim Beiko explained last Friday that the “upgrade will first go live on Ropsten, at block 10499401, which is expected to happen around June 24, 2021.” … Read more
MakerDAO slashes stability fees as stablecoin demand wanes
Maker hopes to reignite demand for its DAI stablecoin through the fee reduction. Go to Source Powered by WPeMatico
