The Kelly Ethereum Ether Strategy ETF is an actively managed fund that will invest in cash-settled Ether futures contracts traded on registered commodity exchanges. The value of futures contracts is tied to the underlying reference asset, which is ether in this case. “Cash-settled” means that if the futures contract expires with ether’s value above the futures contract price, the purchaser pays the seller the difference in cash. Source
Some analysts expect volatility to eventually rise next year, especially as the correlation between bitcoin and the S&P 500 remains elevated. For now, pullbacks in assets deemed to be risky, such as cryptocurrencies and stocks, appear to be limited given strong seasonal trends. Original
“Bitcoin se está agrupando en gran medida con otros activos de riesgo en este momento”, dijo Matthew Dibb, director de operaciones y cofundador de Stack Funds. “Tras el desplome de equities el viernes, hemos visto algunas compras en las principales monedas, pero es demasiado pronto para decir si continuarán”. Source
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io This is a video guide for understanding Market Capitalization in Cryptocurrency. Market Cap is a term used to explain the total amount of money of the overall asset by calculating the price per coin by the total number of coins in circulating supply. I use Coin Market Cap to illustrate this in this guide. #Marketcap #Crypto ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
Google has warned users about the use of its Google Cloud platform by malicious actors to mine cryptocurrencies. In its latest Cloud Threat Intelligence report titled “Threat Horizons,” which provides users with security insights, the company informed that 86% of the compromised instances on Google Cloud platforms were being used to mine cryptocurrencies. Most of the accounts compromised were secured with weak passwords or with no password at all. Google Cloud Used to Mine Cryptocurrencies Software giant Google is alerting users about malicious actors using compromised Google Cloud…
Sentiment in the cryptocurrency market is back on the rise on Nov. 29 as the recent dip down into the “extreme fear” zone on the Crypto Fear and Greed Index improved slightly after Bitcoin (BTC) recovered above the $57,000 support, lifting the index higher into the “fear” zone. Fear & Greed Index. Source: Alternative.me Despite the overall “fear” and “extreme fear” sentiments that have been dominating the market since the index began to decrease on Nov. 16, several sub-sectors of the cryptocurrency market, including metaverse-related projects and gaming protocols, have seen…
The tech behind NFTs, or non-fungible tokens, hasn’t changed all that much since the development of the ERC-721 standard – the coding framework on which most popular crypto collectibles are built. That’s because until 2021, NFTs were mostly a niche curiosity for crypto enthusiasts. Even with the rise of CryptoKitties in 2017, NFTs didn’t immediately conjure up any cultural or aesthetic reference points beyond the broader crypto ecosystem – despite becoming a media hang-up. This article is excerpted from The Node, CoinDesk’s daily roundup of the most pivotal stories in…
This episode is sponsored by NYDIG. Download this episode On today’s episode, NLW looks at two topics. The first is the market crash that left bitcoin down 8.5% on Friday, only to partially recover over the weekend. NLW looks at the combination of macro factors – led by the Omicron COVID-19 variant – that may or may not have contributed to the turbulence. Second, he looks at the announcement that Jack Dorsey is stepping down from the CEO role at Twitter, to be replaced by Chief Technology Officer Parag Agrawal. What…
Price momentum is starting to recover on the daily chart, which suggests buyers could remain active into the Asia trading day. Additionally, the relative strength index (RSI) on the daily chart is near oversold levels similar to what occurred in late September, which preceded a price rally. Original
Engiven, a crypto donation platform that has helped facilitate contributions to the Salvation Army and others, expects religious groups and non-profit organizations will see significant charitable payments in crypto tomorrow for Giving Tuesday. The Tuesday after Thanksgiving is celebrated in the United States as a day when people and organizations come together to donate their time and money towards worthwhile causes — wherever they might be located. Engiven founder James Lawrence said he expects to see more crypto-based donations as part of the global generosity movement, given the increase in…