Day: January 11, 2024

Why the First Amendment May Not Protect Misgendering People

Courts around the country are grappling with claims by teachers, professors, businesses, and more, which assert that their right to free speech protects them from consequences for calling transgender students, customers, and employees by names and pronouns inconsistent with the gender they live every day. On the other side, some states are banning teachers from using the pronouns students prefer and even firing teachers for referring to themselves with gender-neutral honorifics like “Mx.” While the context is undoubtedly new, the U.S. Supreme Court may have provided the answer to this…

Cathie Wood says bitcoin ETF approval makes her $1.5 million bull case more likely

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Ark Invest’s Cathie Wood said the approval of bitcoin exchange-traded funds in the U.S. made her more convinced that the world’s largest cryptocurrency could hit her wildly bullish target. For her bull case, the ARK Invest chief sees bitcoin hitting $1.5 million by 2030. Her base case is in the $600,000 range, she said. “We think the probability of the bull case has increased with this SEC approval. This is a green light,” Wood said on CNBC’s ” Squawk Box ” Thursday. “It is the first global decentralized digital rules…

Crypto Analyst Weighs In On BTC Price Action

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Amid the excitement surrounding the approval of Bitcoin Spot Exchange-Traded Funds (ETFs), Polish crypto analyst Adrian Zduńczyk has shed his insights on the price action of BTC in 2024 and beyond. Bitcoin Price Action In 2024 And Beyond Zduńczyk, who is the Chief Executive Officer (CEO) of Birb Nest shared his insights in a recent interview with Thinking Crypto founder Tony Edward. In the interview, Zduńczyk revealed his short-term expectations for Bitcoin, the impact of ETF approval, and post-halving expectations for price. Zduńczyk began by drawing attention to the recent…

Liquidity-Focused Berachain Opens Layer-1 Testnet to Public

Under PoL, ecosystem players help secure the Berachain network by providing liquidity to the trading infrastructure built on top of it. Infrastructure can mean many things: an automated market maker, a crypto game, a lending protocol – basically anything that needs a pool of user-supplied tokens to facilitate transactions via smart contracts. Source

StarkWare CEO Uri Kolodny Steps Down Due to Family Health Issue

“I remain utterly STARK-pilled, but I’m leaving the CEO post to meet the health needs of my family,” Kolodny said. “The company, and the tech stack it has built, are more advanced after six years than I could have ever dreamed. Led by Eli and the team of 150+ gigabrains, I’m positive that StarkWare will continue to push boundaries of what is possible in scaling Ethereum.” Source

Here’s what a bitcoin ETF actually means for investors

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Omar Marques | Lightrocket | Getty Images The U.S. Securities and Exchange Commission just approved the first-ever batch of spot bitcoin exchange-traded funds to come out of the U.S. The agency gave the green light on Wednesday to sponsors of 10 ETFs, including BlackRock, Invesco, Fidelity, Grayscale, and Ark Invest — paving the way for these funds to begin trading as soon as this week. The move was largely expected, even after a social media hacking snag. A false statement saying the regulator had approved a bitcoin ETF was published…

USDC Issuer Circle Internet Files to Sell Shares to the Public

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. In November 2023, CoinDesk was acquired by Bullish group, owner of Bullish, a regulated, institutional digital assets exchange. Bullish group is majority owned by Block.one; both groups have interests in a variety of…

What will it cost you to buy a bitcoin ETF? Here are the cheapest and most expensive funds

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CFOTO | Future Publishing | Getty Images The bitcoin exchange-traded funds launching Thursday after the SEC’s long-awaited approval come at a wide variety of price points, with signs that a fee war is already underway. The Bitwise Bitcoin ETF (BITB) has the lowest expense ratio of all the new bitcoin funds, at 0.20%. Several other funds are close behind, including the Ark21Shares Bitcoin ETF (ARKB) at 0.21% and the iShares Bitcoin Trust (IBIT) at 0.25%. The Bitwise fund also has a temporary waiver that will eliminate the fee entirely for…

Grayscale’s Is the First ETF to Begin Trading

Spot bitcoin ETFs were finally approved in the U.S. after a decade of trying. The Securities and Exchange Commission gave the green light Wednesday to key filings from the markets seeking to list the groundbreaking products. They will begin trading today. Bitcoin’s price topped $47,500 following the decision and is now trading around $47,000. About a dozen companies, including BlackRock, Fidelity and Grayscale, sought to create bitcoin ETFs. These are spot ETFs, meaning they hold bitcoin itself, versus the already-approved bitcoin futures ETFs, which hold derivatives contracts tied to BTC.…

Is Cardano The Next Solana? Institutional Investors Clamor For ADA Exposure

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Crypto asset investment products started the year on a positive note, with Cardano making a comeback despite going on a price decline last week. According to the latest digital asset fund flow from CoinShares, crypto products saw total inflows of $151 million in the first week of 2024.  Unsurprisingly, a larger part of this inflow went into Bitcoin, with Ethereum closely following behind. However, Cardano products also picked up steam during the week, attracting notable inflows compared to other altcoins.  Cardano Attracting Institutional Altcoin Investors Institutional investors poured a notable…