Bitwise Files for Crypto ETF: What Investors Need to Know
Bitwise Asset Management has filed for an exchange-traded fund (ETF) tied to its existing Bitwise 10 Crypto Index Fund (BITW). On November 15, the New York Stock Exchange (NYSE) Arca…
Bitcoin Continues to Correct: Analysts Predict $100,000 Target
Bitcoin’s (BTC) market correction led by a decline in its value persisted for the third consecutive day, with the cryptocurrency slipping an additional 3.5% in the last 24 hours. BTC…
Singapore Gulf Bank Eyes $50M Boost for Crypto Growth Journey
Singapore Gulf Bank, a digital bank known for its crypto-friendly approach, is reportedly seeking to secure at least $50 million in funding as part of its strategy to acquire a…
MicroStrategy’s Bold Bitcoin Strategy: Dilution for Growth
Michael Saylor has transformed MicroStrategy from a modest software company into one of corporate America’s biggest proponents of bitcoin (BTC), amassing a vast reserve of the cryptocurrency. On Wednesday, MicroStrategy…
Ellipsis Labs Raises $21M to Launch New Blockchain for “Verifiable Finance”
Ellipsis Labs, the team behind Phoenix, a decentralized exchange on Solana, has secured $21 million in funding from Haun Ventures to introduce Atlas, a new blockchain designed to support “verifiable…
Crypto Industry Divides in Endorsements for 2024 Presidential Candidates
In the 2024 U.S. presidential race, several prominent voices in the cryptocurrency sector have endorsed candidates, with industry leaders openly supporting both contenders. While former President Donald Trump, the Republican…
Bitcoin’s Record Close Signals Potential for Massive ROI
Bitcoin recently achieved its highest-ever three-day closing value at $72,724 on October 29, surging 8.75% within a single day. This rally saw BTC surpass a key resistance level of $71,500,…
Is Bhutan going to Sell? Bitcoin Profit-Taking Continues as BTC Price Nears High
The government of Bhutan, which possesses bitcoin (BTC) valued at over $900 million, transferred a substantial portion of its holdings to exchanges on Tuesday, Arkham Intelligence reported. This action has…
Visa Debit Cards Now Integrated with Coinbase for Instant Crypto Transactions
Visa customers now have the option to link their eligible debit cards directly with their Coinbase accounts, allowing for swift and, in some cases, immediate deposits, as announced by both…
Florida Proposes State Pension Funds to Invest in Bitcoin, Inspired by Trump
Florida’s chief financial officer (CFO) has proposed exploring crypto investments for state retirement funds, taking inspiration from Republican presidential candidate Donald Trump’s advocacy for a national Bitcoin reserve. “I believe…