Tag: Launch

Bitcoin ETFs See Third Highest Outflow Since Launch, the Other Two Times Was Just Before BTC Price Bottoming

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Since the launch of the ETFs, Thursday was the third worst day for the bitcoin-linked products. Interestingly, the other two times the ETFs saw outflows of over $400 million was on Nov. 4 ($541.1 million), just prior to the U.S. election, and May 1 ($563.7 million). On Nov. 4, bitcoin bottomed around $67,000 before going on a tear all the way to over $93,000. While the May low coincide with a bottom at just under $60,000. Original

SHIB whales add $150k for 1241% returns after AI-blockchain launch

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Crypto bulls dominate as Bitcoin hits $81,600, sparking a surge in Solana, Shiba Inu, and IntelMarkets’ AI-driven platform. The current session witnesses that the crypto realm is dominated by bulls. This increase coincides with Bitcoin reaching a new all-time high of $81,600, which fueled a larger cryptocurrency surge. Following Bitcoin’s surge, altcoins like Solana (SOL) and Shiba Inu are also on an ascending trajectory. Analysts are particularly astonished by…

Bitwise Asset Management to Launch New Aptos (APT) Staking ETP on Swiss Exchange

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Crypto asset manager Bitwise has announced the launch of an Aptos (APT) Staking exchange-traded product (ETP) (APTB) on the SIX Swiss Exchange. According to the press release, the ETP will represent the world’s first Aptos Staking ETP, aiming to enable both institutional and retail investors to engage with the Aptos smart contract platform. Says Bitwise CEO and co-founder Hunter Horsley, “For seven years, Bitwise has been a dedicated partner to investors working to understand and access the opportunities in the new crypto asset class. With the launch of Bitcoin and…

FanDuel founders launch crypto casino, raise $6m in seed funding

BetHog, a new crypto-based casino and sportsbook founded by FanDuel co-founders, has launched with $6 million in seed funding to offer innovative games and expand its global reach. The funding round was led by investment firm 6MV, with contributions from Will Ventures, Bullpen Capital, and other investors. BetHog was founded by Nigel Eccles and Rob Jones, original co-founders of the sports betting platform FanDuel. According to a company release, BetHog aims to stand out in the online gambling space by combining casino games with unique, skill-based options and a “play-along”…

Ethereum’s ENS Identity System Set to Launch Own Layer-2 Blockchain

ENS’ decision to go ahead with ENSv2 follows a series of other announcements of major crypto firms coming out with their own layer-2 projects. Recently, teams behind decentralized finance project Uniswap, crypto exchange Kraken and Sony’s Blockchain Labs unveiled plans to launch their own rollup networks. Instead of ZK rollups, however, those projects use layer-2 Optimism’s technology, known as the OP Stack, which allows developers to clone its code to create their own blockchains. Source link

Coinbase Derivatives to Launch Silver and Stellar Futures

Coinbase Derivatives is expanding its portfolio of CFTC-regulated products with the introduction of futures contracts for silver (SLR) and stellar (XLM) in retail sizes on November 11. More Options for Retail Traders With Silver (SLR) and Stellar (XLM) Futures The latest addition to Coinbase Derivatives which already includes bitcoin (BTC), ethereum (ETH), bitcoin cash (BCH), […] Source CryptoX Portal

Bitcoin ETFs Surpass 1 Million BTC Holdings In Less Than A Year Since Launch

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Este artículo también está disponible en español. Bitcoin (BTC) exchange-traded funds (ETFs) have collectively acquired over one million BTC in less than a year since their launch, reflecting strong demand for the digital asset among investors. Bitcoin ETFs Surpass One Million BTC Milestone According to a chart shared by crypto analyst Ali Martinez on X, the cumulative BTC holdings in Bitcoin ETFs have exceeded one million BTC within this short period. Source: ali_charts on X To recall, after a lot of deliberation, the US Securities and Exchange Commission (SEC) approved…

Abu Dhabi Firms Launch Investment Fund to Tokenize U.S. Treasury Bill ETFs

Two Abu Dhabi firms, Realize and Neovision Wealth Management, have launched a fund that tokenizes U.S. Treasury bill exchange-traded funds. The fund aims to attract investors from the Gulf, Europe, and Southeast Asia. Southeast Asia Investors to Dominate Fund Abu Dhabi firms Realize and Neovision Wealth Management have unveiled an investment fund that acquires units […] Source CryptoX Portal