Según la autoridad monetaria brasileña, en mayo se dio el pico de adquisición de criptomonedas, con $756 millones en compras. Desde entonces la cifra bajó a $695 millones en junio y a $583 millones en julio, pero fue superior a las de febrero y marzo. En ese momento se adquirieron $386 millones y $357 millones, respectivamente, informó el medio brasileño Portal do Bitcoin. Source
And it turns out they were right! Sort of. A bitcoin futures ETF began trading this morning, a first for this type of product in the U.S. An actual physical bitcoin ETF still seems some time away, though. (On that front, Grayscale, which shares a parent company with CoinDesk, filed Tuesday to convert its Grayscale Bitcoin Trust into a spot bitcoin ETF.) Original
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Pop icon Mariah Carey is the latest celebrity to embrace Bitcoin (BTC) through the Winklevoss-led Gemini cryptocurrency exchange, offering another sign that digital assets are becoming mainstream. In a video message to her 10.2 million Instagram followers, Carey announced Tuesday that she is partnering with Gemini to boost Bitcoin adoption and support girls of color in their pursuit of STEM degrees — a broad education category that refers to science, technology, engineering and mathematics. In the video, Carey confirmed that she invests in Bitcoin through Gemini. She also gave her…
Audius, a “new kid on the blockchain”, is looking to shape an entirely new way of music distribution between artist and fans. AudioCoin breaks down the barriers of traditional music financing, directly connecting artists and fans through a transparent, distributed ledger. Let’s dive in to Audius’ role in music and more on the platform’s native token. The Get Down: What This Platform & Token Is All About For those who are familiar with audio platform Soundcloud, you will understand Audius has gained similar comparisons because of its ‘artist-first’ mentality. This…
The ProShares Bitcoin Strategy exchange-traded fund’s trading volume topped $1 billion on its first day, ranking the investment vehicle as one of the top ETF launches in history. As of 4:02 p.m. ET, shortly after the close of U.S. stock markets on Monday, trading volume in the ProShares ETF (ticker $BITO) had reached 23.9 million shares, worth more than $1 billion based on the closing price. The $BITO price rose to $41.89 at the close, up 4.7% from the initial $40 net asset value. Based on first-day trading volume, the…
The rapidly evolving realm of decentralized finance (DeFi) has brought a new level of utility and value to the cryptocurrency ecosystem in 2021 but has also provided nefarious actors with numerous exploits in siphoning profits and tokens away from unsuspecting investors. In the past few days, KeeperDAO (ROOK), a DeFi protocol that allows participants to trade, borrow and stake assets with protection from miner value extracted (MEV) bots that front-run transactions, has rallied 118%. Data from TradingView shows that since trading at a low of $124.70 on Oct. 12, the…
Major cryptocurrency exchange Coinbase has inked a deal with the National Basketball Association, giving the platform the opportunity to educate basketball fans on crypto. In a Tuesday announcement, Coinbase said it would become the exclusive cryptocurrency platform partner of the National Basketball Association, or NBA, Women’s National Basketball Association, NBA G League, NBA 2K League and USA Basketball as part of a multiyear sponsorship deal. According to the NBA, Coinbase will create “unique content, innovations, activations and experiences” for basketball fans to learn about the crypto space, as well as…
Returning investors from the Series A round in March were Galaxy Interactive, Motley Fool Ventures, HOF Capital, Tribe Capital and CoinFund. New backers included Pillar VC, hedge funds Brevan Howard and Atreides, and executives at GoldenTree Asset Management, Source
The central bank of Iran is gearing up to begin the pilot phase of its digital currency project in the near future, its new head announced to representatives of local media. The monetary authority is also preparing to move forward with a plan to reform the legislation that governs its own activities. Iran Preps Pilot for Sovereign Digital Currency The “national cryptocurrency” of Iran will enter its pilot stage soon, the recently appointed Governor of the Central Bank of Iran (CBI) Ali Salehabadi has unveiled. Speaking to reporters after his…