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VanEck Adds Polygon and Avalanche to its ETN Offerings

The global investment manager – VanEck – expanded its cryptocurrency offerings by adding two new Exchange-Traded Notes (ETNs) tracking the performance of Avalanche and Polygon. The company has already launched such products on Bitcoin, Ethereum, Polkadot, Solana, and Tron. Avalanche And Polygon ETNs Joined The List The global investment management company – VanEck – disclosed the news in a recent post on Twitter. As a result, investors will be able to gain exposure to Polygon...

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Alkami to Provide Crypto Solutions to Idaho Bank

Alkami Technology Inc. – a company that offers cloud-based solutions to banks and credit unions in the United States – has partnered with the NYDIG to provide bitcoin services to the Idaho Central Credit Union (ICCU). Customers of the bank will now be able to purchase and sell crypto units through its mobile application and its online banking platform. Alkami and the NYDIG Bring Crypto and Traditional Finance Together In an interview, Mark Willden – chief information...

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Shopify Allows Merchants to Mint and Sell NFTs on its Platform

The multinational e-commerce company – Shopify – enabled its users to mint and trade non-fungible tokens on its platform. To provide this opportunity, the firm partnered with GigLabs – an organization that specializes in offering tools to operate with NFTs. Shopify Enters The NFT Universe Tobias Lütke – Chief Executive Officer at the company – revealed the new service on his Twitter account. Use Shopify for your NFT dropshttps://t.co/sZwjLZetoU — tobi.eth (@tobi) December...

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Why Some Analysts Think Buying Bitcoin Right Now Is a Good Idea

With bitcoin having remained below the $50,000 mark for the past week or so, some analysts are telling traders it’s time to focus on other coins and assets. In addition, the Federal Reserve has completed a two-day meeting that led to some volatility in both prices and interest rates. Bitcoin Hasn’t Been Doing So Hot Lately But while many are saying the time to stay away from BTC has arrived, others – such as Mark Tepper, president of Strategic Wealth Partners – believe...

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Stream Coin (STRM) Support Increasing as Public Sale Approaches

StreamLive is working on a blockchain-based streaming platform — a unique idea, initially unheard of. This streaming platform will help provide users with a faster and better streaming platform. The generation today, as many would say, has witnessed the smooth transition from traditional and old school media towards an innovative digital transformation. Millennials and Gen Z, have all taken part in pushing the digital era to its peak — for the market to reach technical...

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Crypto-Friendly Social Media Platform Reddit Files to go Public Via IPO

In an official announcement, the company noted that it has confidentially submitted a Form S-1 with the United States Securities and Exchange Commission (SEC). Reddit Commences Plans to go Public Reddit did not disclose any further information about the proceedings but stated that it had started the paperwork with the SEC regarding its intended IPO next year. The company noted that it has refrained from sharing more details about its public offering due to regulatory...

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Cash App Is Enabling Holiday Bitcoin Gift Giving

Gift giving is now in season with Christmas and other holidays right around the corner. If you’ve ever thought about giving friends or a loved one stocks or bitcoin as a holiday present, Cash App is making it easier than ever to do so. Cash App Permits a New Way of Sending BTC Cash App has unveiled a new feature that will permit peer-to-peer payments amongst users. Owned by Block (formerly known as Square), Cash App is permitting users to send bitcoin and traditional...

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Bitcoin Pokes ATH Against Turkish Lira Following Erdogan’s Latest Rate Cut

Bitcoin is soaring against the Turkish Lira – but not due to increased demand. Rather, low-interest rates are causing the nation’s currency to rapidly decline, lowering its value against Bitcoin, dollars, and other currencies/ assets. The Turkish Lira Tumbles As reported by Reuters, the Lira dropped by another 5.6% against the dollar on Thursday. This followed a 100 basis point policy rate cut from the nation’s central bank on the same day. Since September, the currency has...

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Former Bored Ape Yacht Club Artist’s NFT Project Partners With Scream Movie Franchise

An independent NFT project, Sneaky Vampire Syndicate (SVS), has announced a partnership with Paramount Pictures and Spyglass Media Group’s horror film Scream. The Collaboration According to the press release shared with CryptoPotato, SVS and the horror film are joining forces to promote the latest movie in the Scream franchise, which is set to hit the theatres on January 14, 2022. The collaboration aims to bring real-world benefits to the community. The team behind the NFT...

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Fed Leaves Rates Unchanged but Global Markets and Bitcoin Slide: This Week’s Crypto Recap

Another seven days have passed and, unfortunately, they weren’t any better than the week before. Traditional and cryptocurrency markets are tumbling, despite the US Federal Reserve leaving rates unchanged and increasing the country’s debt ceiling by $2.5 trillion. Bitcoin was headed well into the green last weekend when the price surpassed $50,000 on Sunday. This gave the community some relief and also brought hope that it’s time for a recovery rally. Bears had a mind of...

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