The offering is accessible to individual accredited investors, regulated institutions, companies, funds and decentralized autonomous organizations, according to the firm’s press release. Third-party distributors can also integrate OpenTrade’s pool and power their own white-labeled yield offering. Source link
Gemini said it is taking the step “due to requirements imposed by the De Nederlandsche Bank (DNB),” Source
The news of the new Valkyrie ETF caused a spike in Ether price. Asset manager Valkyrie has received approval to convert its Bitcoin futures exchange-traded fund (ETF) to a two two-for-one investment vehicle by combining Bitcoin and Ether futures contracts into one contract. The firm has already started buying Ether futures contracts. In a statement to CoinDesk, a company spokesperson wrote: “Today, the Valkyrie Bitcoin Strategy ETF (Nasdaq: $BTF) began adding exposure to Ether futures contracts, making it the first US ETF to provide exposure to Ether and Bitcoin futures…
Euro zone inflation has reduced to its lowest point in nearly 2 years after the European Central Bank hiked rates for the 10th time. The euro zone annual inflation level fell to its lowest this month, since October 2021. Annual inflation fell to 4.3%, down from 5.2% in August. Also, core inflation fell from 5.3% in August to 4.5% in September. Core inflation excludes energy, food, alcohol, and tobacco. The reduction in inflation comes after the European Central Bank (ECB) decided to increase its main interest rate for the 10th consecutive…
Amid growing skepticism about CommEx — the mysterious buyer of Binance’s Russian division — the newly launched firm has continued denying Binance’s ownership involvement. On Sept. 29, CommEx issued an open letter to the community, reiterating that the company is not owned by Binance, which announced its exit from Russia by selling the firm to CommEx. “Although we do not disclose our UBO, we want to make it clear that we are not owned by Binance,” CommEx wrote on its website. A spokesperson for CommEx declined to comment to Cointelegraph…
Amid growing skepticism about CommEx — Binance’s mysterious buyer in Russia — the newly launched firm has continued denying Binance’s ownership involvement. On Sept. 29, CommEx issued an open letter to the community, reiterating that the company is not owned by Binance, which announced its exit from Russia by selling the firm to CommEx. “Although we do not disclose our UBO, we want to make it clear that we are not owned by Binance,” CommEx wrote on its website. A spokesperson for CommEx declined to comment to Cointelegraph about the…
In the last Bitcoin news, the price of the first cryptocurrency by market cap has been experiencing some gains on low timeframes. However, traders on the crypto exchange Binance were surprised when the BTC price suddenly dropped. As of the writing of this Bitcoin news, the cryptocurrency’s price trades above $27,000 for the first time in weeks. BTC recorded a 2% profit in the last 24 hours and seven days, while the price of Ethereum leads the incipient bullish momentum. BTC’s price moving sideways on the daily chart. Source: BTCUSDT…
Authorities in Hong Kong and Macau have recently revealed arrests connected to the JPEX crypto exchange fraud case and highlighted that they are currently tracking down several other suspected figures. On Sept. 29, local media outlet Radio Television Hong Kong reported that two Hong Kong men involved in the JPEX case were arrested. According to the report, the two were responsible for creating accounts in casinos based in Macau to allegedly launder illegal funds. As the suspects were arrested, the police froze casino assets and seized cash worth over 14…
In data referenced by Bloomberg Intelligence, it was reported that public miners now make up 28% of Bitcoin’s global hash rate. Jamie Coutts, the analyst, shares that this presents an evolution to the industry, introducing new opportunities and challenges to the network, including higher prices in the West and potential to overload fragile energy grids in more affordable countries. Small scale miners are still critical Simultaneously, Coutts shares that small-scale miners are still critical to ensure the crypto industry remains decentralized and less fragile. According to @hashindex, public miners are…
In a whirlwind of anticipation, the Shiba Inu community is holding its collective breath as Shytoshi Kusama, the chief architect behind SHIB, hints at breaking his silence. With a slew of developments on the horizon for the Shiba Inu project, the statement amplifies expectations for potential significant updates. In a message conveyed by team member Lucie on Twitter, Kusama emphasized his unwavering support for the Shiba Inu community, stating, “We FULLY intend to support the community. Hence the paper. Takes time, that’s all. But I think it’s time for my…