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ProShares, known to most retail investors for their TradFi ETFs, is now introducing a Bitcoin Short ETF. This comes at a time when Bitcoin has fallen 55% YTD and 30% in the last month, at the time of this writing. The ETF is available through traditional brokerages. This is another
In a tweet from Binance on June 13th, 2022, the company stated that they will be temporarily pausing Bitcoin withdrawals on the BTC network due to “stuck” on-chain transactions. The company explained that only the BTC network withdrawals were having issues and that Bitcoin may be withdrawn to the Ethereum
Tether Operations Limited, the company that powers the largest stablecoin by market capitalization, has announced that it will be launching Tether tokens (“GBPT”) pegged to the British Pound Sterling in early July of 2022. GBPT will be the fourth fiat-currency pegged stablecoin that Tether is offering. Currently, Tether has the
News • Technology • Jun 23, 2022Tether Operations Limited, the company that powers the largest stablecoin by market capitalization, has announced that it will be launching Tether tokens (“GBPT”) pegged to the British Pound Sterling in early July of 2022. GBPT will be the fourth fiat-currency pegged stablecoin that Tether is offering. Currently, Tether has the
News • Technology • Jun 23, 2022ProShares, known to most retail investors for their TradFi ETFs, is now introducing a Bitcoin Short ETF. This comes at a time when Bitcoin has fallen 55% YTD and 30% in the last month, at the time of this writing. The ETF is available through traditional brokerages. This is another
News • Bitcoin • Jun 21, 2022In a tweet from Binance on June 13th, 2022, the company stated that they will be temporarily pausing Bitcoin withdrawals on the BTC network due to “stuck” on-chain transactions. The company explained that only the BTC network withdrawals were having issues and that Bitcoin may be withdrawn to the Ethereum
News • Bitcoin • Jun 13, 20223iQ Corporation announced the launch of Coinshares Bitcoin Feeder ETF on the CBOE exchange in Australia through a press release. The ETF will provide retail and institutional investors with exposure to the spot price of Bitcoin through an underlying fund. At 1.20%, Coinshare's Bitcoin Feeder ETF has
News • Bitcoin • Jun 08, 2022Samson Mow, Paolo Ardoino, Adam Back, Gabor Gurbacs, and Arnab Naskar shed some insight into the fundamental differences between collateralized stablecoins (fully backed by USD or other reserves) and algorithmic stablecoins (which rely on smart contracts to maintain price stability). Adam Back explained the difference: “the biggest and most widely
News • Bitcoin • May 16, 2022In light of the recent collapse of both the TerraUSD (UST) stablecoin and Terra coin (LUNA), Blockstream CEO Adam Back points out the confusion being caused by mainstream outlets for publishing headlines about Tether (USDT) losing its peg to the U.S. dollar. In Back’s Twitter thread, he explains
News • Bitcoin • May 14, 2022On May 12th, 2022 Australia finally launched a Bitcoin spot ETF along with a second Bitcoin ETF that invests in a Canadian spot Bitcoin ETF. 21Shares Bitcoin ETF (EBTC: AU) is the first Australian spot Bitcoin ETF offered in partnership with ETF securities. The fund directly invests in Bitcoin and
News • Bitcoin • May 13, 2022The Luna Foundation Guard has acquired an additional 37,683 Bitcoin totaling $1.5 Billion to bolster the reserves of its most popular stable coin U.S. Terra. Do Kwon, co-founder and CEO of Terraform Labs, said that the foundation is expected to complete its goal of purchasing $10 Billion
News • Bitcoin • May 06, 2022