REX Shares, Tuttle launch 2x long, short Microstrategy ETFs
They follow Defiance ETF’s launch of a 1.75x leveraged MSTR ETF in August.
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Sotheby’s auction sets new world record for $11.8M CryptoPunk sale
“NFTs are dead,” said the previous owner of the COVID Alien artwork once the auction closed. 2923 Total views 6 Total shares Luxury auction house Sotheby’s made waves on social media on Thursday following the sale of one rare CryptoPunk.In a tweet from Sotheby’s, the auction said CryptoPunk #7523 — also known as “COVID Alien”…

‘The Great Accumulation’ of Bitcoin has begun, says Gemini’s Winklevoss
With spot Bitcoin ETFs filings helping boost the price of Bitcoin, some suggest the “window to front-run institutional demand is closing.” 1939 Total views 27 Total shares Recently renewed optimism for an approved Bitcoin (BTC) spot exchange-traded fund (ETF) is igniting “The Great Accumulation Race” for Bitcoin, according to industry pundits.Over the past week, Fidelity, Invesco,…

$27 trillion AUM is perched over Bitcoin and crypto: CoinShares CSO
The top eight financial institutions with an interest in Bitcoin and crypto have a whopping $27 trillion in combined assets under management. 477 Total views 3 Total shares There is at least $27 trillion of assets managed by major U.S. financial institutions that are also “actively” seeking to provide clients with exposure to Bitcoin (BTC)…

SingularityNET and Mind Network bring encryption to AI agents
Fully homomorphic encryption may become a core component of privacy-centric, decentralized AI systems, according to Ben Goertzel, CEO of SingularityNET and ASI.

Solana sees ‘dramatic increase’ in institutional portfolios: CoinShares
CoinShares found a significant increase in hedge funds and wealth managers survey respondents who have allocated to Solana compared to earlier this year.

USDT Moves Every Eight Days on Average, Data Shows
Recent data from crypto data site Coin Metrics shows USDT tokens change locations every eight days on average. “The trailing 12 month velocity of @Tether_to on Omni, Ethereum and Tron has rapidly and consistently increased since September and currently sits at ATHs, where on average each $USDT turns over 46 times per year,” Coin Metrics posted on its…

Fed chair says it’s up to Congress to bring a digital dollar to market
Jerome Powell added that the Federal Reserve needed to consider the health of other markets when creating a digital currency. 3412 Total views 15 Total shares Federal Reserve chair Jerome Powell said 2021 will likely have the central bank engaging with the public and lawmakers regarding the digital dollar.In a House Financial Services Committee hearing…

Subway accepts Bitcoin, so users can get a sandwich on the Lightning Network
No, it’s not Groundhog Day. Subway is accepting Bitcoin (BTC), again — but this time it’s using the fast, nearly free Bitcoin Lightning Network.— felix (@felixbillert) October 19, 2022 The world’s largest franchise by number of restaurants is trialing Bitcoin payments at three Subways in Germany’s capital, Berlin. Subway first experimented with Bitcoin almost 13 years…