Bitwise applies for ‘actual’ Bitcoin ETF with NYSE Arca

After almost two years, Bitwise Asset Management has once again applied with the U.S. Securities and Exchange Commission to create a Bitcoin exchange-traded fund.ย  In an Oct. 14 Twitter announcement from Bitwise chief investment officer Matt Hougan, the investment firm will be pursuing a Bitcoin (BTC) ETF with NYSE Arca that holds โ€œactual BTC,โ€ and not derivatives or other indirect exposure to cryptocurrencies. According to Hougan, the Bitwise team has spent more than two years analyzing the firmโ€™s ability to โ€œsurveil and enforceโ€ any attempts at manipulation and concluded that…

What Is a Stablecoin?

A โ€œstablecoinโ€ is a type of cryptocurrency whose value is pegged to another asset class, such as a fiat currency or gold, to stabilize its price. Cryptocurrencies such as bitcoin and ether offer a number of benefits, and one of the most fundamental is not requiring trust in an intermediary institution to send payments, which opens up their use to anyone around the globe. But one key drawback is that cryptocurrencies’ prices are unpredictable and have a tendency to fluctuate, often wildly. This makes them hard for everyday people to…

Studio 54 Reveals Never-Before-Seen Photograph and Pixel Art NFTs of the Famed Disco Club โ€“ Blockchain Bitcoin News

Superrare Labs has revealed the first-ever non-fungible token (NFT) drop crafted by the renowned photographer Bill Bernstein and the legendary Studio 54. The NFT drop features the nightlife photographs taken by Bernstein from the iconic Studio 54 and Paradise Garage. Additionally, Superrare has also unveiled NFT collectibles that showcase 8-bit animations of Studio 54 and music from Jitwam, Teymori, and Studio 54 Music. Studio 54 Lights Up the Nightlife With NFT Photos From the Iconic Disco Club and Paradise Garage 44 years ago, Steve Rubell and Ian Schrager opened a…

31st January 2021 Daily Current Affairs/Burning Issues (India's Cryptocurrency, UNWTO Report 2020)

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io Join this channel to get access to perks: Insta – Telegram Link – PDF – Join Telegram Group #Hindunewspaperanalysis #iaspreparationtips #beginner #upsc The 31st January 2021 important current affairs/daily news has been discussed in this video. Daily Current Affairs News Playlist – Daily Editorial Analysis Videos Playlist – Watch Issues in News – A Brief History of Modern India by Rajiv Ahir Spectrum Books Playlist – Indian Polity by M. Laxmikanth Complete Analysis for all Competitive Exams Playlist – NCERT HISTORY Class…

Why More Corporates Are Considering Adding Crypto Assets to Their Corporate Treasuries

More and more businesses are including cryptocurrencies as part of their corporate treasuries. The trend that was started by large publicly traded companies in 2020 is rising. But as youโ€™re about to find out, companies like BVNK are helping the middle market do the same thing  โ€“ whether that be midsize to large corporations, family offices or tech-savvy high-net-worth (HNW) individuals operating with $100,000 to $500,000 to invest. The Beginning of Corporate Crypto Treasuries On Aug. 11, 2020, business intelligence firm MicroStrategy became the first publicly traded company to buy…

Dogecoin loses 70% against Bitcoin during 6 months of celebrity DOGE endorsements

Dogecoin (DOGE) may have landed major proponent Mark Cuban in hot water as it hits its lowest against Bitcoin (BTC) in over half a year. DOGE/BTC 1-week candle chart (Bittrex). Source: TradingView “Now price it in bananas” Data from Cointelegraph Markets Pro and TradingViewย showed DOGE/BTC trailing at 412 satoshis (0.00000412 BTC) on Oct. 14 โ€” down from highs of 1,284 satoshis (0.00001284 BTC) in April. As Bitcoin outpaces altcoins en masse this month, the pain has been especially intense for Dogecoin investors after months of public campaigning by both Cuban…

I Went on Yahoo Finance Live To Discuss Bitcoin

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io Bitcoin is on fire today and so was my interview with Yahoo Finance Live. I talked about Bitcoin, Ethereum, and several other altcoins. Check it out if you didn’t already and enjoy your crypto gains! โœ…Buy and Trade 300+ Crypto on Kucoin: ๐Ÿ’ฐEarn 8% APY + $250 Bonus w/ Deposits โžก๏ธCrypto IRA/401k Platform ๐Ÿ’ณBlockfi Bitcoin Reward Credit Card: โœ…Buy Bitcoin & Earn on Binance (US) โœ…Buy Bitcoin & Earn on Voyager App (Free $25) BTC Referral Code: GEOD68 โœ…Buy Bitcoin & Crypto…

Fintech Tala Raises $145M to Launch Crypto Product for Emerging Markets โ€” CoinDesk

CryptoX – Cryptocurrency Analysis and News Portal Tala offers financial services to the traditionally unbanked through a consumer credit app that underwrites and distributes loans ranging from $10 to $500 with rates starting at 4%. The company says more than six million people have used the mobile app to borrow more than $2.7 billion across Kenya, the Philippines, Mexico and India. Source The post Fintech Tala Raises $145M to Launch Crypto Product for Emerging Markets โ€” CoinDesk appeared first on CryptoX. CryptoX Portal