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ProShares Receives Approval for First Ever Short Bitcoin ETF
ProShares Receives Approval for First Ever Short Bitcoin ETF
News  •  Bitcoin  •  Jun 21, 2022 by Hodl D

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

Binance Temporarily Pauses Bitcoin Withdrawals as Prices Slip
Binance Temporarily Pauses Bitcoin Withdrawals as Prices Slip
News  •  Bitcoin  •  Jun 13, 2022 by Deniz Saat

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 The company explained that only the BTC network withdrawals were having issues and that Bitcoin may be withdrawn to the Ethereum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 Offers Tokens Pegged to the British Pound Sterling
Tether Offers Tokens Pegged to the British Pound Sterling

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, 2022
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Tether Offers Tokens Pegged to the British Pound Sterling
Tether Offers Tokens Pegged to the British Pound Sterling

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, 2022
ProShares Receives Approval for First Ever Short Bitcoin ETF
ProShares Receives Approval for First Ever Short Bitcoin ETF

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

News  •  Bitcoin  •  Jun 21, 2022
Binance Temporarily Pauses Bitcoin Withdrawals as Prices Slip
Binance Temporarily Pauses Bitcoin Withdrawals as Prices Slip

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

News  •  Bitcoin  •  Jun 13, 2022
Australia Launches Third Bitcoin ETF
Australia Launches Third Bitcoin ETF

3iQ 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, 2022
Industry Leaders Clarify Current Developments in the Crypto and Stablecoin Market
Industry Leaders Clarify Current Developments in the Crypto and Stablecoin Market

Samson 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, 2022
Adam Back Sets the Record Straight About Tether’s USDT Peg to the Dollar
Adam Back Sets the Record Straight About Tether’s USDT Peg to the Dollar

In 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, 2022
Two Bitcoin ETFs Launch in Australia
Two Bitcoin ETFs Launch in Australia

On 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, 2022
Luna Foundation Guard Continues Bitcoin Buying Spree
Luna Foundation Guard Continues Bitcoin Buying Spree

The 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
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