Hashdex files S-1 for ETF to hold Bitcoin, Ether and potentially others
The Hashdex Nasdaq Crypto Index US ETF could see other cryptocurrencies added down the track, subject to all the necessary approvals.
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Confirmed: Crypto Exchange Huobi Acquires Publicly Listed Firm on HK Stock Exchange
Cryptocurrency exchange Huobi has acquired controlling stock interest in Hong Kong-based Pantronics Holdings Ltd., according to an official announcement from the Hong Kong Stock Exchange (HKEx) dated August 29.As Cointelegraph reported August 28, HKEx-listed Pantronics, an electronic products manufacturing firm, had halted trading of its shares on the Main Board of exchange on August 22,…
FTX has recovered over $5B in cash and liquid crypto: Report
Previous reports suggested that FTX saw losses peak at nearly $9 billion in total liabilities. 361 Total views 8 Total shares Own this piece of history Collect this article as an NFTAccording to an attorney familiar with the matter, troubled cryptocurrency exchange FTX has "recovered $5 billion in cash and liquid cryptocurrencies." However, the exchange…
Cardano (ADA), Solana (SOL) and Polkadot (DOT) soar — Is it altseason?
Bitcoin (BTC) faced a sharp correction on Dec. 11 plummeting as much as 8% to a four-month low at $40,150, wiping out the gains of the past seven days. This drop in BTC’s price has triggered a market-wide re-evaluation, prompting a debate on the potential for altcoins to spearhead the next significant rally in the cryptocurrency
Prometheum launches Ether custody service that treats ETH as a security: Report
The digital assets platform soft-launched its controversial Ethereum custody service on May 17 and is targeting a full launch next month.
Rising Wedge Breakdown Threatens $7K Bitcoin Price Target
On Wednesday Bitcoin (BTC) price surged higher alongside traditional markets which were likely propelled by the Senate’s approval of the $2 trillion economic stimulus bill aimed at providing relief to businesses and workers impacted by the coronavirus pandemic. The price rejected at $6,959, just a stretch away from $7,000 before pulling back to $6,491. Crypto market…
UST aftermath: Is there any future for algorithmic stablecoins?
TerraUSD (UST) is an algorithmic stablecoin that is pegged at $1.00. But, on the evening of May 19, it was trading for $0.083.This isn’t supposed to happen, of course, but last week UST, along with its affiliated coin Terra (LUNA), performed a sort of death spiral that “wiped nearly $50 billion of investor wealth in…
Bitcoin Ordinals daily inscriptions surge due to ‘BRC-20 tokens’
The BRC-20 token standard utilizes Ordinal inscriptions to deploy token contracts, mint tokens, and transfer tokens. 716 Total views 9 Total shares Own this piece of history Collect this article as an NFTA new daily all-time high (ATH) has been recorded for the number of Ordinals inscribed on the Bitcoin (BTC) network due to a…
On-chain Crypto Lending: The Path to the Mainstream By Ricky Li, Co-Founder & Head of North America, Altonomy
One of the hottest topics in cryptocurrency right now is the potential ability for distributed ledger technology to transform the borrow and lending activities in traditional banking. This helps banks solve two major issues: application of legal actions and liquidity.But “on-chain” technology could solve another essential, but less recognized, problem: credit. In theory all the…