Hong Kong Bitcoin, Ether ETF structures revealed ahead of April 30 launch
The spot exchange-traded funds will be denominated in the United States dollar, Hong Kong dollar, and Chinese yuan.
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Bitmain signs 500MW joint venture with sustainable BTC miner Merkle Standard
Sustainable Bitcoin mining gets a boost from the joint venture between mostly hydro-powered BTC miners Merkle Standard and infrastructure provider Bitmain. 47 Total views 2 Total shares Beijing-based Bitmain has partnered with a United States-based sustainable Bitcoin miner, Merkle Standard, contributing capital investment, expertise and parts. As part of the joint venture, Bitmain will contribute to…

GBTC premium nears 2022 high as SEC faces call to approve Bitcoin ETF
Things are looking up for the United States’ largest institutional Bitcoin (BTC) product by asset holdings.Data from on-chain monitoring resource Coinglass confirms that as of April 21, the Grayscale Bitcoin Trust (GBTC) is rebounding toward 2022 highs.Grayscale CEO: “‘If’ not ‘when’” for U.S. Bitcoin spot ETFAfter a problematic year so far, GBTC has benefitted from…

BTC price pullback after $35K? Bitcoin funding rates turn ‘grossly positive’
Bitcoin (BTC) consolidated near $34,000 after the Oct. 24 Wall Street open as the dust settled on 15% daily gains.BTC/USD 1-hour chart. Source: TradingViewOpinions diverge on Bitcoin funding ratesData from Cointelegraph Markets Pro and TradingView tracked BTC price volatility through the day, with $34,000 a focus at the time of writing.The pair had previously hit

Top metaverse property investments suffer massive losses: Report
Popular metaverse properties, such as Otherdeeds, The Sandbox, Decentraland, Somnium and Voxels, have all depreciated in value over the past year. 191 Total views 1 Total shares Prices of virtual lands on some of the top metaverses have declined significantly from their peak prices of 2022, with most depreciating around 90% in value.A study published…

Ethereum staking deposits dip due to regulatory pressure and Shapella upgrade
The amount of ETH being staked monthly has recently dipped according to the on-chain analytics platform Glassnode. 224 Total views 11 Total shares Own this piece of history Collect this article as an NFTEthereum staking deposits have declined slightly in recent weeks due to increased regulatory pressure and the Shapella upgrade slated for April 12.On…

Antonopoulos: Cash-Settled Bitcoin Futures Traders Face ‘Black Hole’
Bitcoin (BTC) educator Andreas Antonopoulos says that while futures markets may indeed place a damper on the cryptocurrency’s price, the stakes are different to what you might think.In a Nov. 27 interview with YouTuber “Ivan on Tech,” Antonopoulos argued against the grain of commonplace fears about the adverse price impact that Bitcoin futures trading has…

Abra CEO Explains Why It’s Bitcoin’s Time to Shine
With expectations of further U.S. dollar inflation, why would people hold cash? The U.S. government's attempts to fix the current economic situation could ultimately lead to greater Bitcoin (BTC) adoption, according to Bill Barhydt, CEO of crypto wallet and exchange solution, Abra. "I think that this is a pivotal moment for Bitcoin as a new asset…

Beyond Bitcoin? Little known project jumps 116% on €2.75M EU ‘new money’ grant
A currency that gains value through abundance, not scarcity? That's the object of a $3.3 million EU research project which doubled the value of an associated token overnight. 6605 Total views 18 Total shares A little-known blockchain project more than doubled in value overnight following the announcement of its involvement in a European Union digital economy…