US Bitcoin ETFs’ first anniversary: A surge far above expectations
Many executives and analysts predicted the success of US spot Bitcoin ETFs in 2024, but the funds surpassed expectations.
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Digital asset manager behind Canada’s first BTC fund hopes to launch Bitcoin ETF
CoinShares CEO Jean-Marie Mognetti said its proposed Bitcoin ETF aims to make "digital assets more accessible to investors of all types." 1834 Total views 14 Total shares Investment fund manager 3iQ has partnered with Coinshares to launch a Bitcoin exchange-traded fund in Canada. According to an announcement from 3iQ, the firm has filed a final prospectus…
Bitcoin miner CleanSpark purchases 45,000 ASICs for $145M
The BTC mining firm projects its mining power will reach 16 EH/s by the end of the year. 636 Total views 1 Total shares Own this piece of history Collect this article as an NFTOn Apr. 11, American Bitcoin (BTC) miner CleanSpark announced that it purchased 45,000 Antminer S19 XP application-specific integrated circuit (ASIC) mining…
Nvidia posts record $18B third quarter revenue, cites generative AI as primary driver
The company posted its record quarter just days after Nvidia stock achieved an all-time high. 176 Total views 1 Total shares Nvidia announced third-quarter revenue for 2023 of $18.12 billion, a company record, as the firm’s market cap now reaches $1.22 trillion.The better-than-expected earnings follow a 12-month growth trend, during which the company saw earnings
Is Bitcoin a hedge against inflation?
How effective is Bitcoin as a hedge against inflation? Let us first understand what inflation is and how useful the other stuff is to deflate it. With inflation in fiat-based economies a given, experts and even regular people have been looking for an investment or a tool that works as a hedge. Gold, stocks and…
SHIB, RGT and AMPL shake off Fed taper comments by notching double-digit gains
Volatility reared its ugly head for a second day after growing fear of the new Omicron COVID-19 variant and the Federal Reserve's admission that an earlier-than-expected adjustment to its bond-buying program continues to impact global stock markets. The impact of these concerns appears to have impacted Bitcoin price and this morning, the digital asset retreated…
Blackrock CEO issues dire warning over ‘debt ceiling drama’ — Bullish for Bitcoin?
Blackrock CEO Laurence Fink believes the recent “drama” around the United States debt ceiling has deteriorated global trust in the U.S. dollar, something that other analysts predict could provide some tailwinds for Bitcoin (BTC).Fink’s comments came as U.S. House of Representatives on May 31 passed a highly-anticipated bill to lift the $31.4 trillion debt ceiling. The…
Nervos and CMB International launch $50M blockchain, DeFi and NFT fund
China’s leading blockchain network to fund startups willing to develop on it. 5666 Total views 20 Total shares The Nervos Foundation has announced the launch of a fund in collaboration with CMB International, a wholly-owned subsidiary of China Merchants Bank.The $50 million fund named “InNervation” will be used to make early investments in startups that…
Huddle01 CEO explains why communications tech must be decentralized
The means by which humans communicate and coordinate are ever-evolving. People went from sending smoke signals and messengers on horseback to sending letters and telegrams, and since the dawn of the digital era, the pace of innovation has exploded.Today, hundreds or even thousands of people from around the world can gather in a Twitter Space