Pando’s ETF bid comes as several spot Bitcoin ETF applications draw closer to a final decision deadline.
Category: BTC
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Are Bitcoin ETFs good for adoption or ‘watered-down crypto’? Debate rages
As hype builds for spot Bitcoin ETFs in the U.S., some are concerned the industry is moving away from the “core promise” of cryptocurrencies.
Sushi taps into ZetaChain to begin testing native Bitcoin DeFi swaps
Decentralized exchange Sushi will test native Bitcoin DeFi functionality that promises to allow users to swap BTC across 30 blockchain networks.
Boyaa Interactive Ventures Into Cryptocurrency Space With $100 Million Investment Plan
Hong Kong-based company Boyaa Interactive, famous as China’s largest board and card game manufacturer, is poised to make a substantial introduction to the universe of cryptocurrencies. The company has brought out plans to invest $100 million in digital assets, principally focusing on top cryptocurrencies such as Ethereum (ETH) and Bitcoin (BTC). Notably, as a leading creator of online card games, Boyaa Interactive joins a growing cohort of publicly traded companies exploring opportunities in the digital asset market. The decision to dive into cryptocurrencies has been formalized by the company’s board of directors. So, now it’s only awaiting endorsement from shareholders.
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Bitcoin institutional inflows top $1B in 2023 amid BTC supply squeeze
Bitcoin and altcoins are beneficiaries of major inflows this year, while the question of a BTC supply squeeze remains.
Bitcoin ETFs will drive institutional adoption in 2024 – Galaxy Digital’s Mike Novogratz
Galaxy Digital founder and CEO Mike Novogratz says approving a Bitcoin spot ETF is not “a matter of if but when,” which will drive institutional investment in the sector.
Bitcoin briefly tops $37k amid market optimism for pending spot ETF approvals
The price of Bitcoin has surpassed $37,000 for the first time since May 2022.
How To Calculate ROI In Cryptocurrency Investments Using Different Scenarios
A critical pointer in cryptocurrency is the ability to calculate the return on investment (ROI), which empowers financial investors to evaluate the productivity of their holdings. Finding the percentage change in the initial investment over a given period of time is the most important phase in working out return on investment. To demonstrate how ROI in cryptocurrency functions, we should look at perhaps one or two scenarios. Scenario 1: Transient ROI Envision a trader who contributes $30,000 to get one Bitcoin (BTC) and sells it for $40,000 in the following six months. The formula for ROI is: (Selling Price –
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The Origins of Bitcoin: A Digital Currency Revolution
A mysterious individual known as Satoshi Nakamoto delivered the email that popularized Bitcoin. Satoshi laid out the fundamental principles and goals of Bitcoin in this email, which eventually served as the blueprint for the groundwork for the ground-breaking digital currency that has completely changed the financial and technological landscape. Let’s examine the changes that Bitcoin has undergone since its launch. The Bitcoin Origin Story In an email received on October 31, 2008, Satoshi Nakamoto described Bitcoin as a peer-to-peer electronic cash system that would do away with the need for dependable third parties in financial transactions. It presented the idea
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‘Sodl’ too soon: US gov’t missed Bitcoin gains now total $6B
The second-biggest BTC “investor” in the world after Satoshi Nakamoto is staring down 10-figure losses.
