Crypto news

The leading crypto asset manager Valkyrie Funds, is all set to liquidate one of the exchange-traded funds (ETFs) it manages. According to the official press release, the company plans to close its Valkyrie Balance Sheet Opportunities FUND (VBB), an investment product offering indirect exposure to BTC. The soon-to-be-delisted fund, under the ticker VBB, was first launched in December 2021 and granted exposure to the securities of US companies with Bitcoin on their balance...

Today marks the 13th anniversary of the very first Bitcoin trade ever conducted in exchange for U.S. dollars. On October 12th, 2009. Exactly 5050 BTC was traded for just $5.02. The transaction was conducted by Finnish developer Martti Malmi, who helped Satoshi Nakamoto work on Bitcoin in its early days. Before the trade, Bitcoin didn’t have any market price.  https://twitter.com/pete_rizzo_/status/1580139675682885633 As one of the oldest transactions, the transfer has been...

African cryptocurrency exchange Yellow Card wants to be big. So big, in fact, that after raising a whopping $40 million in a series B funding round, the company says that it’s looking to become the first African crypto “unicorn” the world has ever seen. Yellow Card Wants to Get Huge A unicorn is any company worth approximately $1 billion or more. One of the firms that took part in the series B funding round was Poly Chain Capital, headed by Will Wolf, who as a partner of...

The diminishing interest in NFTs and the plunge in trading volumes have severely affected the soccer star – Neymar Jr. – and the renowned rapper – Eminem in terms of their digital art purchases. At the beginning of the year, the Brazilian athlete purchased two digital collectibles part of the Bored Ape Yacht Club for over $1 million, while their current valuation is around $340,000. Eminem’s paper losses as of the moment are approximately $330,000. More Celebrities Affected...

21Shares AG, die Tochtergesellschaft von 21.co und das höchstbewertete Bitcoin-Einhorn der Schweiz, expandiert in den Nahen Osten – eine Schlüsselregion auf der globalen Roadmap des Fintech-Unternehmens. Mit der Notierung des 21Shares Bitcoin ETP (Ticker: ABTC) an der Nasdaq Dubai wird das erste physisch besicherte Bitcoin ETP im Nahen Osten eingeführt. Mit der Aufnahme von Nasdaq Dubai listet 21Shares über 41 Produkte an 12 Börsen in 7 Ländern. Im September 2022 kündigte 21Shares die...

Michael Saylor has just bought another $6 million in bitcoin. Saylor Isn’t Backing Away from BTC It appears the former corporate executive is having a hard time learning his lesson. It has recently been announced his company MicroStrategy – which once stood prominently in the software field – has bought another $6 million in BTC. We are all bitcoin fans here, and we all have a huge hankering for bitcoin, but it’s likely some of us also have a huge hankering for candy and...

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Grayscale stated that the SEC’s application of its “significant market test” is deeply flawed and does not protect investors against potential fraud and manipulation in the underlying BTC markets. The SEC is notorious for turning down dozens of spot Bitcoin ETF applications over the past several years from major players including WisdomTree and Ark21Shares. Grayscale, for one, has taken the legal route to resolve the matter. It has argued that the regulator acted outside its...

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