Tagged: bitcoin

October 22, 2024 @ 8:02 am By Omar Faridi  |  

The US Securities and Exchange Commission (SEC) has approved proposals from two different exchanges in order to list and trade options on several bitcoin ETFs, thus helping with further expanding the range of crypto-focused investment products for US based investors. As mentioned in the SEC… Read More

October 21, 2024 @ 7:51 am By Omar Faridi  |  

Greg Cipolaro, Global Head of Research at NYDIG, noted that the team has recently examined the various tradeoffs of the available options for bitcoin investors to generate yield on their digital assets holdings. The NYDIG researchers explained in their latest update that the new supply… Read More

October 20, 2024 @ 5:45 pm By Omar Faridi  |  

Digital assets firm Gemini noted that understanding the concept of “crowded trades” – where “net positioning” becomes “skewed” in one direction and the “market consensus is focused on one particular outcome” – is said to be a “time-tested skill” in risk analysis and trade idea… Read More

October 16, 2024 @ 9:21 pm By Omar Faridi  |  

Blockstream has reportedly finalized a $210 million convertible note financing round which has been led by Fulgur Ventures, marking a key shift in its evolution as the global provider of financial infrastructure technology powered by Bitcoin (BTC), the flagship cryptocurrency. The capital injection will be… Read More

October 16, 2024 @ 5:41 pm By Omar Faridi  |  

MARA (NASDAQ: MARA), a global firm focused on leveraging digital asset compute to support the energy transformation, announced that it has secured a $200 million line of credit, “collateralized” by a portion of its bitcoin holdings. MARA explained in an update that it may potentially… Read More

October 15, 2024 @ 6:16 pm By Tony Zerucha  |  

Several factors will impact Bitcoin prices, YouHodler markets chief Ruslan Lienkha believes. Lienkha said Bitcoin prices remain in a consolidation and corrective phase following the strong growth seen earlier this year. The weekly chart remains optimistic, showing a bullish flag pattern, often indicating an upward… Read More

October 15, 2024 @ 8:13 am By Omar Faridi  |  

CoinGecko has released their latest 2024 Q3 Crypto Industry Report. CoinGecko noted in its recent research report that Q3 saw crypto close the quarter flat at a $2.3 trillion market capitalization, but the period still saw significant volatility. CoinGecko further noted that geopolitical and economic… Read More

October 13, 2024 @ 6:18 pm By Omar Faridi  |  

Digital assets firm OKX recently revealed that they’re investing in Bitcoin’s long-term security via a grant to 2140 Foundation. OKX explained in a blog post that the grant will aim to extend support to the 2140 Foundation’s multi-year and ongoing effort to foster long-term security,… Read More

October 7, 2024 @ 12:59 pm By Omar Faridi  |  

Ryan Lee, Chief Analyst at Bitget Research recently explained that Bitcoin (BTC), the flagship cryptocurrency, has grown steadily to become a major global asset, one whose market cap is impacted significantly by global events. For instance, Ryan Lee of Bitget Research, noted that the ongoing… Read More

October 5, 2024 @ 9:36 am By Omar Faridi  |  

Coin Metrics has shared key industry insights on the Bitcoin, crypto and blockchain space in their latest State of the Network’s Q3 2024 report. Tanay Ved and Matías Andrade from Coin Metrics noted that despite volatility from factors like Mt. Gox repayments and the Yen… Read More

October 5, 2024 @ 5:11 am By Omar Faridi  |  

NYDIG Research notes that Bitcoin rose 2.5% in the “seasonally weak” Q3 of this year as the digital asset bounced back from a decline in Q2. NYDIG Research pointed out that Bitcoin (BTC), the flagship cryptocurrency, is still the “best performing” asset/asset class during 2024,… Read More

October 4, 2024 @ 12:34 pm By Nick Morgan  |  

“Bitcoin-related ventures have the potential to generate life-changing returns,” -Mike Jarmuz In a recent episode of the Capital Ideas podcast, co-hosts Nick Morgan and Dara Albright interviewed Mike Jarmuz, founder of Lightning Ventures and CEO of Thunder Funder. As the largest Bitcoin-focused angel investing network, Lightning Ventures… Read More

October 2, 2024 @ 11:42 am By Omar Faridi  |  

Jacobi Asset Management has reportedly chosen Zodia Custody for Bitcoin ETFs. Zodia Custody now becomes the primary custodian for Jacobi’s Bitcoin ETF, bringing robust risk controls along with regulatory compliance for institutional investors Zodia Custody, a which claims to be an “institution-first” digital asset custodian,… Read More

October 2, 2024 @ 9:55 am By Omar Faridi  |  

CME Group, the derivatives marketplace, announced that its Bitcoin Friday futures (BFF) have launched and are available for trading. 31,498 contracts traded across two different contract weeks. The first trade, a block, took place on Sunday, September 29 and was executed by Galaxy and Marex…. Read More

September 30, 2024 @ 9:07 pm By Omar Faridi  |  

NYDIG Research has shared an extensive updated highlight the path for options on Bitcoin ETFs along with other key blockchain and crypto industry insights. With the SEC approving IBIT options, the research report from NYDIG looks “at the next steps required for options to begin… Read More

September 30, 2024 @ 1:06 pm By Omar Faridi  |  

Crypto markets moved sideways in Q3 2024, as measured by the FTSE/Grayscale Crypto Sectors family of indexes. This, according to an extensive report from Grayscale. Grayscale noted in its report that changes to the FTSE/Grayscale family of indexes this year highlight emergent themes “for the… Read More

September 23, 2024 @ 12:32 pm By Omar Faridi  |  

Abra, a global platform for digital asset services, announced it has partnered with Praxis, the first network state, to collaborate on real world asset tokenization, as well as DeFi services to network states, including those created on the Praxis platform. This partnership marks the launch… Read More

September 19, 2024 @ 10:01 am By Omar Faridi  |  

Hemi Labs has announced a $15 million investment round to develop and launch the Hemi Network. Hemi is a modular blockchain network built on Bitcoin and Ethereum, “designed to deliver superior scaling, security, and interoperability.” The Hemi incentivized testnet is now live, and its mainnet… Read More

September 16, 2024 @ 6:22 am By Omar Faridi  |  

Tech-savvy owners of Bitcoin and other digital assets will benefit from greater legal protection thanks to an important clarification to the law. This, according to an update released this past week by the UK government. The Property (Digital Assets etc) Bill, introduced in Parliament, will… Read More

September 15, 2024 @ 4:10 pm By Omar Faridi  |  

Coinbase (NASDAQ:COIN) Wrapped BTC (cbBTC) is now live. Coinbase is officially rolling out cbBTC – Coinbase Wrapped BTC – an ERC20 token “that is backed 1:1 by Bitcoin (BTC) held by Coinbase.” At launch, cbBTC will be supported on Base and Ethereum, with plans “to… Read More