The United States Securities and Exchange Commission (SEC) has outlined the next steps in evaluating the proposed Franklin Templeton and Hashdex spot Bitcoin exchange-traded fund (ETF) applications. Observers speculate that the SEC’s actions may set the groundwork for potential approvals of spot Bitcoin ETFs in early January 2024, following earlier delayed decisions on applications from two potential issuers. SEC Seeks Public Comments A filing on November 28 reveals that the...
Read More »Cross-Chain Protocol Wormhole Secures $225M in Funding, Now Valued at $2.5B
The investment round was accompanied by the launch of Wormhole Labs, an independent technology company “emerging from stealth to become a core contributor to Wormhole.” Wormhole, a blockchain protocol designed to address the interoperability challenges of pioneer blockchain networks such as Bitcoin and Ethereum, has secured $225 million in funding, propelling the company’s total valuation to a new high of $2.5 billion. According to an official announcement on Wednesday, the cross-chain...
Read More »This Hasn’t Happened to Bitcoin (BTC) in Six Years
TL;DR Bitcoin (BTC) has risen above $38,000 as BTC’s supply on exchanges drops to 5.38%, the lowest since December 2017, amid declining trust in exchanges following events like FTX’s collapse and Binance’s legal troubles. The trend towards BTC self-custody is seen as bullish, contributing to Bitcoin’s significant rally of 130% since the year’s start. Analyst PlanB forecasts Bitcoin reaching $65,000 after the 2024 halving and soaring to $524,000 by 2027, anticipating a more...
Read More »L’Élégance de Bitcoin : Histoire, Enjeux et Principes
L’Élégance de Bitcoin : Histoire, Enjeux et Principes de Ludovic Lars (préface de Jacques Favier) est désormais disponible en précommande sur le site de Konsensus Network. « Bitcoin est un modèle novateur de monnaie numérique décentralisée, dont l’existence vient bousculer l’ordre établi en proposant une alternative audacieuse au système bancaire classique. Depuis son énigmatique conception par...
Read More »Santander Partners with Taurus for Crypto Asset Management
The new partnership with Taurus suggests that Banco Santander anticipates a greater role for crypto in traditional finance. Spanish banking giant Banco Santander is partnering with cryptocurrency asset management platform Taurus to offer its customers custodial services for their digital assets. Banco Santander recently emerged as the only Spanish bank to appear on the 2023 list of financial institutions of global systemic importance. The list comprised 29 names classified by the Financial...
Read More »Jack Dorsey Leads $6.2M Investment in Decentralized Bitcoin Mining Pool OCEAN
Aside from his involvement with OCEAN, Dorsey has supported many other blockchain projects with strong potential to benefit the crypto space. Wyoming-based software development company Mummolin has raised $6.2 million in an investment round led by Jack Dorsey, an American internet entrepreneur and billionaire CEO of the financial services company Block, for the launch of its decentralized Bitcoin (BTC) mining pool, OCEAN. In a press release published on November 28, the company said it had...
Read More »Calm Before the Storm? XRP at a Strong Support as Big Move Seems Imminent (Ripple Price Analysis)
Technical Analysis By TradingRage Ripple’s price has been experiencing a pullback on both the USDT and BTC pairs over the last few weeks. Yet, the market might begin another bullish move soon, as the price is currently at strong support levels. The USDT Paired Chart On the USDT paired chart, the price has been on the decline over the recent weeks after it failed to move past the $0.7 mark. The $0.6 support level is currently preventing the price from dropping lower. Yet,...
Read More »Franklin Templeton Refiles Its Updated Bitcoin ETF Application
The revised proposal allows the ETF to utilize both in-kind and cash mechanisms. The ETF plans to store Bitcoin in cold storage, with custody services provided by Coinbase Custody Trust. Franklin Templeton has submitted an updated S-1 filing to the Securities and Exchange Commission (SEC), seeking approval for the launch of a Bitcoin exchange-traded fund (ETF). This move comes shortly after the SEC decided to postpone the consideration of the previous proposal. The Franklin Bitcoin ETF...
Read More »SIX Digital Exchange: Bitcoin für institutionelle Kunden
Welcome to SIX Digital Exchange, the world's first fully regulated stock exchange and central securities depository (CSD). SDX, ein führender Anbieter von Krypto-Dienstleistungen und -Infrastruktur, der zur SIX Group gehört, arbeitet ab sofort mit DLT Finance, einem BaFin-lizenzierten Handels- und Brokerunternehmen zusammen, um ihre institutionellen Krypto-Dienstleistungen zu erweitern. Im Rahmen der Zusammenarbeit wird SDX die Rolle des Custodian...
Read More »ExtonGlobal begibt sich auf eine Reise der Finanzinnovation
London, Vereinigtes Königreich – ExtonGlobal, Als anerkanntes und innovatives Finanzinstitut geht es auf den Weg zu bahnbrechenden Finanzinnovationen, die über traditionelle Grenzen hinausgehen. Mit dem unermüdlichen Engagement, modernste Lösungen anzubieten und erstklassigen Kundensupport zu bieten, ist ExtonGlobal bereit, die Finanzdienstleistungslandschaft neu zu definieren. ExtonGlobal ist ein renommiertes Finanzinstitut, das mit der Vision...
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