Month: October 2021

Jacobi Asset Management Gains GFSC’s Approval to Launch Bitcoin ETF

Jacobi Asset Management Gains GFSC’s Approval to Launch Bitcoin ETF

Jacobi Asset Management announced that it has received approval from the Guernsey Financial Services Commission (GFSC) to launch a centrally-cleared Bitcoin exchange-traded fund (ETF). According to the press release shared with Finance Magnates, the fund is called Jacobi Bitcoin ETF and will be listed on Cboe Europe, which is subject to Financial Conduct Authority (FCA) listing …

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BREAKING: Nasdaq listing hints that the SEC may soon approve ETF application from Valkyrie

BREAKING: Nasdaq listing hints that the SEC may soon approve ETF application from Valkyrie

The United States Securities and Exchange Commission, or SEC, may soon approve an application from crypto-asset manager Valkyrie for a Bitcoin (BTC) exchange-traded fund, or ETF, with the shares to be listed on the Nasdaq Stock Market. According to an Oct. 15 notice from the SEC, the agency has accepted the registration of shares of Valkyrie’s …

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Bitcoin hits $60K for the first time since April after reports of imminent ETF approval

Bitcoin hits $60K for the first time since April after reports of imminent ETF approval

Bitcoin has surpassed the $60,000 mark briefly for the first time since April 2021. The price has been boosted by reports suggesting a Bitcoin futures ETF is likely to begin trading in the United States as early as next week.  Data from Cointelegraph Markets Pro indicate that Bitcoin prices have been on a slow grind …

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Shanghai Man: Fiat on-ramps dry up in China, crypto topics censored on social media

Shanghai Man: Fiat on-ramps dry up in China, crypto topics censored on social media

This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations.   This week China is back to work after its week-long national day celebrations, an event that is always filled with flag-waving, military parades …

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Half of unique active crypto wallets played a blockchain game in Q3

Half of unique active crypto wallets played a blockchain game in Q3

The number of crypto wallets participating in blockchain games has surged in recent months according to new research. According to DappRadar’s Q3 ‘Blockchain Game Report’, unique active wallets connected to gaming decentralized applications reached a total of 754,000 for the period. This represents almost half of the industry’s activity with the blockchain industry registering 1.54 …

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Canadian city plans to supply residents’ heat using Bitcoin mining

Canadian city plans to supply residents’ heat using Bitcoin mining

MintGreen, a Canada-based cleantech cryptocurrency miner, will be partnering with the Lonsdale Energy Corporation to supply heat to residents of North Vancouver in British Columbia starting in 2022. In a Thursday announcement, MintGreen said its “digital boilers” — which it claims can recover more than 96% of the electricity used for Bitcoin (BTC) mining — …

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Ethereum price hits $3,800, boosting bulls' control in Friday's ETH options expiry

Ethereum price hits $3,800, boosting bulls’ control in Friday’s ETH options expiry

Ether (ETH) entered a slightly bullish channel earlier this month, and currently the price is marching toward the $3,800 level. Despite the recent turbulence, Ether bulls are set to bag a $53 million profit on this Friday’s weekly options expiry.  Investors also appear to be disinterested in Ether’s recent underperformance versus Bitcoin (BTC), and to …

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Bitcoin-related altcoins surge as BTC ETF rumors spread across the sector

Bitcoin-related altcoins surge as BTC ETF rumors spread across the sector

On Oct. 14, bulls flexed their muscles and showed their intent to push the price of Bitcoin (BTC) closer to its $65,900 all-time high. One reason for the move is the steady chatter about the possibility of a Bitcoin exchange-traded fund (ETF) being approved by the end of October.  Data from Cointelegraph Markets Pro and TradingView …

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Deep Web Confusion: Ostensible Alphabay Admin ‘Desnake’ Claims the Darknet Market Has Returned

Deep Web Confusion: Ostensible Alphabay Admin ‘Desnake’ Claims the Darknet Market Has Returned

In mid-July 2017, the largest darknet marketplace (DNM) Alphabay went dark and patrons didn’t know if the administrators were busted by law enforcement or if it was an exit scam. Not too long after the site went dark, law enforcement disclosed that an organized police task force, from various jurisdictions, infiltrated Alphabay alongside the DNM …

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Billionaire Barry Sternlicht Owns Bitcoin Because Governments Are ‘Printing Money Now to the End of Time’

Billionaire Barry Sternlicht Owns Bitcoin Because Governments Are ‘Printing Money Now to the End of Time’

The billionaire CEO of Starwood Capital, an investment firm with over $95 billion under management, has revealed that he owns bitcoin and ether. “The U.S. government, and every government in the Western Hemisphere, is printing money now to the end of time, and this is a finite amount of something and it can be traded …

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