Valkyrie Investments plans to launch a Bitcoin futures fund
Steve McClurg, the chief investment officer at Valkyrie Investments, said the entity intends to launch the Bitcoin Futures Fund (XBTO). The request was made under…
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The state of Hawaii explores the usefulness of cryptocurrency
U.S. states are exploring the utility of blockchain technology more and more, including Hawaii, which approved the establishment of a task force to examine bitcoin…
Bitcoin price rises after Fed raises interest rates
In a statement released yesterday evening Eastern time, the Federal Open Market Committee (FOMC) announced it was raising the federal funds rate by 50 basis points.…
Goldman Sachs Grants Bitcoin Loan to Coinbase
Coinbase, a cryptocurrency exchange, has become the first digital asset company to receive a bitcoin-backed loan from Goldman Sachs.Coinbase receives a loan…
Argentina banks allow the purchase of bitcoin, ether, USDC, and XRP
Two of the largest banks in Argentina now offer cryptocurrency trading services.Argentina banks allow cryptocurrency purchasesBanco Galicia and Brubank, two…
Ethereum whales raised over $400 million in 10 days
The cryptocurrency market analysis firm Santiment, which is committed to providing the most recent information on the cryptocurrency market, reports that, after a…
The NFT market remains dominated by Ethereum
The blockchain sector continues to be led by Ethereum. At least when it comes to NFT's market share. According to the Messari analytical platform, Vitalik Buterin's…
Samsung will launch Hong Kong’s First Blockchain ETF
Korea's largest asset management company, Samsung Asset Management, has announced plans to list a blockchain-oriented ETF on the Hong Kong Stock Exchange in July.…
Solana co-founder: Bitcoin will lose users if Proof-of-Stake is not implemented
The Proof-of-Work (PoW) consensus mechanism is a ground-breaking concept in blockchain technology. It entails mining coins to validate transactions, and indeed, it…
U.S. regulators continue to regulate the cryptocurrency market
On April 28, a bipartisan group of congressmen introduced a new bill that required cryptocurrency issuers, dealers, exchanges, and stablecoin developers to adhere…