Day: February 10, 2021

Ether Futures Recorded $30M Traded Volume on CME Debut

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According to CME Group market data, a total of 388 Ether futures contracts exchanged hands on the first day of trading. The second digital asset by market capitalization Ethereum is now exposed to institutional investors through regulated Ether Futures on the Chicago Mercantile Group. Notably, Ether Futures recorded a whopping $30 million in traded volume on its CME debut. “As institutional demand for transparent, exchange-listed crypto derivatives continues to increase, we are pleased to launch our new Ether futures contract,” said Tim McCourt, CME Group Global Head of Equity Index…

Crypto Lender BlockFi Launches Bitcoin Trust

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BlockFi’s annual fee falls 0.25% below what industry leader Grayscale Bitcoin Trust (GBTC) charges investors as BlockFi aims to compete with GBTC for the top spot. BlockFi, the crypto lender and financial services firm, announced on February 9 it has launched a Bitcoin trust managed by BlockFi Management LLC, a wholly-owned subsidiary of BlockFi. BlockFi Management LLC as a sponsor will charge a fee of 1.75% and BTC held in BlockFi’s trust will be custodied by Fidelity Digital Assets Services LLC via an enterprise-grade custody solution purpose-built for institutional investments. According…

Brazilian Asset Manager Hashdex Plans for World’s First Crypto Exchange-Traded Fund (ETF)

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The new crypto ETF dubbed Hashdex Nasdaq Crypto Index ETF shall be available to the accredited non-US users. Being completely regulated, the product offers institutional investors a simple solution to get access to cryptocurrencies On Tuesday, February 9, Brazilian asset manager Hashdex announced plans to launch the world’s first crypto exchange-traded fund (ETF). Dubbed as the Hashdex Nasdaq Crypto Index ETF, the crypto fund will be first listed on the Bermuda Stock Exchange. Developed in partnership by Hashdex and Nasdaq, the fund will be accessible for trading to accredited non-US…

Indian Finance Minister Answers Questions on Cryptocurrency Plans and Ban Proposal – Regulation Bitcoin News

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India’s Finance Minister Nirmala Sitharaman has answered some questions regarding cryptocurrency in Rajya Sabha, the upper house of India’s parliament. The questions include measures the government plans to impose on the crypto industry. Finance Minister Nirmala Sitharaman Answers Crypto Questions in Parliament The Indian finance minister answered four questions Tuesday in Rajya Sabha regarding the “trading in cryptocurrency,” including measures outlined in the crypto bill. Minister Sushil Kumar Modi asked the minister of finance whether “a ban was imposed on bitcoin trading in 2018,” which was later lifted by the…

Bitcoin’s ‘Elon Musk pump’ rally to $48K was exclusively driven by whales

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The price of Bitcoin (BTC) rallied to above $48,000 on Feb. 9, and has been consolidating since. Analysts from Material Indicators found that whales were the primary driver of the rally. This is largely considered a bullish sign. The probability of a Bitcoin top would increase when retail investors enter into the market en masse, as both the spot and derivatives markets get overheated. Why are whales driving the price of Bitcoin up? In recent months, so-called “mega whales” sold large amounts of Bitcoin between $33,000 and $40,000. Orders ranging…

🚀🚀Nuevo Aidrop de Band Protocol en CoinBase [+43$]🚀🚀

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io En éste nuevo vídeo realizamos el Airdrop de Band Protocol des de la plataforma Coinbase Earn (sí aún no stáis registrados podréis hacerlo con el enlace de la descripción. Recordar que por acceder al Earn des de nuestro enlace colaboráis directamente con el canal a coste 0 :D! 💲💲GANA EN COINBASE: 💲💲 BAND PROTOCOL: REGISTRO COINBASE: ZCASH: COMPOUND: STELLAR LUMEN: CELO: EOS: ALGORAND: 💲❄ BILLETERA FRÍA: 💲❄ Ledger: 💲💲TusIngresosOnline:💲💲 Canal de telegram: Twitter: LBRY: 💲💲 BILLETERAS: 💲💲 CoinBase: Crypto: 2Gether: Binance: ▶…

MicroStrategy CEO Launched Free Online Course about Bitcoin

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Called “Bitcoin for Everybody”, the course promises to teach “Bitcoin economics, investment, philosophy, and history, as well as its technical and practical components,” in 12 hours. Michael Saylor, CEO of the largest independent publicly-traded business intelligence company MicroStrategy Incorporated (NASDAQ: MSTR), has launched a new online course to educate people about Bitcoin (BTC). According to Saylor, once completing the course, you will have a basic level of Bitcoin knowledge. It will be enough to start interacting with the crypto by buying, receiving, storing, and spending it. Introducing Bitcoin for Everybody…

Bumble Increase Its IPO Issue Size and Pricing Eyeing $7B in Valuations

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In its revised proposition submitted to the SEC, Bumble is planning to sell nearly 45 million equity shares for $37-$39 per share. The dating app is used in 150 countries worldwide with 42 million monthly active users. On Monday, February 8, popular dating app Bumble Inc increased its IPO issue size and offer price and is now looking for a valuation of $7 billion as it heads for a stock market debut. The eponymous dating app registered $376 million in revenues in the period last year between January and September…

Total value locked in DeFi marks new all-time high close to $40B

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The total value locked in decentralized finance — a measure of the total value of assets committed to the DeFi ecosystem —has marked a new all-time high close to $40 billion. According to DeFi Pulse, the figure hit the $39.79 billion mark on the morning of Feb. 10.  TVL chart by DeFi Pulse While the bullish milestone is undoubtedly a reflection of soaring prices across the crypto markets, as a metric, total value locked, or TVL, gives a somewhat crude picture of what is actually going on in the world…