There’s often talk about how decentralized finance could eliminate the need for traditional banks… but what if DeFi could enhance their digital services?
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FTX Exchange Launches Pre-IPO Futures Contracts for the Coinbase Public Listing
After the San Francisco-based exchange Coinbase announced it was registering with the U.S. Securities and Exchange Commission (SEC) in order to have an initial public offering (IPO), FTX Exchange CEO Sam Bankman-Fried said the company would launch pre-IPO futures. On December 21, Bankman-Fried announced the launch was now live and Coinbase pre-IPO futures contracts are […]
The post FTX Exchange Launches Pre-IPO Futures Contracts for the Coinbase Public Listing appeared first on Bitcoin News.
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Bitcoin’s limited supply doesn’t really matter to one markets commentator
Dennis Gartman is still not convinced that Bitcoin won’t go to zero.
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Billion-Dollar Wealth Manager Skybridge Capital Plans to Launch a Bitcoin Fund
In mid-November, a filing registered with the U.S. Securities and Exchange Commission (SEC) had shown that the investment firm Skybridge Capital may invest in crypto assets like bitcoin. Over a month later, Skybridge Capital filed another registration form with the U.S. SEC (Form D) as it plans to launch a bitcoin fund. The wealth management […]
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Venezuela’s Asonacrip: Bitcoin Bull Run Could Help Boost Usability of Cryptos Such as Petro
The president of the National Association of Cryptocurrencies of Venezuela (Asonacrip) praised the recent bull run seen in bitcoin’s prices across the board, which “favors the usability of a very novel crypto asset,” such as the petro (PTR). Petro Is Gathering Strength Due to Its Surging Prices in the Secondary Market, Says Venezuela’s Asonacrip During […]
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Global Equity Head at Jefferies Says the Investment Bank Will Buy Bitcoin and Reduce Exposure to Gold
Christopher Wood, the global head of equity at Jefferies, a global financial services company, says the firm will reduce exposure to gold in favor of bitcoin. He adds that there are plans to increase the crypto component of Jefferies’ long-only global portfolio for U.S. dollar-denominated pension fund if and when the bitcoin price drops from […]
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Japan Leverages 80 Tons of Gold to Help Fund Part of Its Stimulus Package
Japan’s finance ministry has reportedly leveraged 80 tons of gold to help fund part of its huge stimulus package aimed at combating the coronavirus crisis. The Asian country, which is saddled with public debt twice the size of its economy, is under pressure to find non-tax revenues to cover the rising cost of spending to […]
The post Japan Leverages 80 Tons of Gold to Help Fund Part of Its Stimulus Package appeared first on Bitcoin News.
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Coinbase Allegedly Taps Goldman Sachs to Lead IPO, FTX Exchange May Launch Pre-IPO Futures
Following the San Francisco-based cryptocurrency exchange’s initial public offering (IPO) Form S-1 draft registration, reports note that Goldman Sachs will likely lead the IPO. Moreover, the digital currency trading platform FTX is rumored to be launching a Coinbase futures market before the public listing. Two days ago, on December 17, 2020, Coinbase announced filing registration […]
The post Coinbase Allegedly Taps Goldman Sachs to Lead IPO, FTX Exchange May Launch Pre-IPO Futures appeared first on Bitcoin News.
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Bitcoin Options Daily Volume Crosses $1 Billion, $100K Strike Introduced for 2021
Cryptocurrency derivatives markets have been seeing significant demand, as daily volumes for bitcoin options crossed $1 billion on December 17, 2020. Most of the record turnover has been taking place on the derivatives platform Deribit, and a large $100k strike has been introduced on the exchange for September 2021. While bitcoin (BTC) spot markets touched […]
The post Bitcoin Options Daily Volume Crosses $1 Billion, $100K Strike Introduced for 2021 appeared first on Bitcoin News.
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$1 Billion in Bitcoin and Ether: One River Hedge Fund to Increase Holdings From $600 Million
Hedge fund management firm One River Asset Management has invested $600 million in bitcoin and ether with a plan to increase its holdings to $1 billion next year. The company has two cryptocurrency funds: the Bitcoin Fund and the Ethereum Fund. $1 Billion Investment in Bitcoin and Ether One River Asset Management has bought more […]
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