Day: October 15, 2021

New Bitcoin ETF Launched for European Investors

While the U.S. awaits its first-ever Bitcoin ETF, a new one just launched in Europe. Jacobi Asset Management Wins Bitcoin ETF Approval The European market will see a new Bitcoin exchange-traded fund (ETF) introduced by Jacobi Asset Management. According to a press release, the physically-backed ETF was authorized by the financial regulator in Guernsey–an island

Steam Has Banned Games With Crypto & NFT Features

Game delivery platform Steam has banned games that make use of blockchain technology, according to an updated site policy. Steam Disallows Blockchain Technology Steam’s rules and guidelines indicate types of content that should not be published on the platform. That section now prohibits “applications built on blockchain technology that issue or allow [the] exchange of

MekaVerse Ethereum NFT Rollout Dogged by Fraud Allegations

MekaVerse is one of the most successful NFT collectibles launches in recent memory, generating more than $60 million worth of sales within a 24-hour span last week. But the initial rollout was dogged by controversy, and even more allegations of potential fraud have surfaced since then. When MekaVerse—an Ethereum-based collection of 8,888 randomly-generated profile pictures—held

Dogecoin Must Break $0.25 to Resume Bull Run

Dogecoin appears to have lost the popularity it enjoyed at the beginning of the year as its price continues to consolidate without a clear outlook. Still, the technicals suggest a clear resistance level DOGE must overcome to resume its uptrend. Dogecoin Sits Under Stiff Resistance Dogecoin remains stagnant as Bitcoin has stolen the crypto spotlight

SEC Will Allow ProShares Bitcoin Futures ETF to Start Trading Monday

After denying, delaying or ignoring dozens of applications over the last four years, the U.S. Securities and Exchange Commission has given its approval for the first Bitcoin ETF. ProShares filed an amended prospectus on Friday, indicating that it has received the go ahead for its Bitcoin Strategy ETF to move forward on Monday. The company’s

What is Bitcoin Mining and How Does It Work?

Bitcoin mining mining is the process by which blocks of transactions are added to the public blockchain and verified. It’s also the process by which new Bitcoin Bitcoin is created—a mechanism that both secures the integrity of the blockchain blockchain and incentivizes participation in the network. Miners compete to add new blocks to the blockchain.

Tether Hit With $41 Million Fine for Lying About Dollar Reserves: CFTC

Tether, the company behind the world’s biggest stablecoin stablecoin , was today hit with a $41 million fine by the Commodity Futures Trading Commission. The regulatory body claimed in a release that Tether made “untrue or misleading statements and omissions of material fact in connection with the U.S. dollar tether token (USDT) stablecoin.” Tether’s sister

Ether Predicted to Hit $4,900 Soon by Tom Lee's Fundstrat

In its recently published note, research boutique Fundstrat predicts that the price of Ethereum, the second-largest cryptocurrency, could hit $4,900 in the near future because of the growing decentralized finance industry. Ether bulls can set their sights on a new all-time high if Ether manages to surpass the $4,030 price level. In such a case,

Ethereum 2.0 Next Steps to Mainnet Shared by Ethereum Foundation

Tim Beiko, Ethereum 2.0 researcher and coordinator at Ethereum Foundation, published a recap of Amphora devnet launch. Why is this milestone special for progress to Ethereum 2.0? Amphora workshop has been completed successfully Mr. Beiko has taken to Twitter to share his blog post about the Amphora workshop that launched the interoperable devnet of Ethereum

BTC, ETH and XRP Price Analysis for October 15

Bulls keep controlling the situation on the market; however, some coins have come back to the red zone. Top coins by CoinMarketCap BTC/USD During the day yesterday, buyers were systematically trying to break through the key resistance of $58,000, but by the end of the day, they could not break through to the zone of

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