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Bitcoin
ProShares Says Bitcoin ETF Has Matched BTC Price Closely, ‘Roll Cost’ Concerns Are…
Interest on the ETF's cash balances helps offset the cost of rolling from one set of futures to the next, ensuring a low tracking error, the firm said.
Ethena Raises $6.5 Million to Develop an Ethereum-Based, Banking System Independent Stablecoin
Ethena, a protocol that seeks to build a banking system independent stablecoin, has announced that it has raised $6.5 million in its seed round. The round, led by Dragonfly, aims to help issue Ethena’s decentralized stablecoin product…
Central Bank of Argentina Reduces Dollar and Yuan Disbursement to Importers
Importers are accusing the Central Bank of Argentina of stalling on the delivery of dollar-based payments under the pretext of high freight costs. According to importers, the Argentine government considers freight costs exceeding 15% of the…
BRICS Interest Soars: 40+ Countries Seek Membership as De-Dollarization Efforts Grow
South Africa’s top diplomat responsible for BRICS relations has revealed that more than 40 countries are interested in joining the economic bloc. Among them, 22 nations have formally applied for membership. He believes that the BRICS…
JPMorgan Warns Dollar Dominance Faces Risks From Political Instability, US-China Tensions
JPMorgan has warned of the risks to the U.S. dollar’s dominance from escalating U.S.-China tensions and political instability. The global investment bank’s strategists anticipate “partial de-dollarization,” in which…
First Mover Asia: Bitcoin Fear and Greed Index Sinks Into Neutral Territory, a Sign of Investor…
The decline reflects an asset that has been stuck in a tight trading range. PLUS: Bitcoin plods below $30K amid another sluggish day for cryptos in which LINK was a rare bright spot.
Federal Reserve Launches Fednow for Instant Payments — JPMorgan, Wells Fargo, and 33 Banks Onboard
The Federal Reserve has launched its Fednow Service for instant payments with 35 participating banks and credit unions, as well as 16 service providers. “The Federal Reserve is committed to working with the more than 9,000 banks and credit…
Tesla’s Bitcoin Portfolio Remains Unchanged at $184M for Third Straight Quarter: Q2 2023 Report
Tesla’s Q2 2023 Update reveals that the American electric car and clean energy company refrained from selling any of its bitcoin (BTC) or cryptocurrency holdings in the previous quarter. For the past three quarters, Tesla has…
Moonland Inches Closer to NFT Airdrop Following Early Access Announcement
PRESS RELEASE. MoonLand, the groundbreaking social multiplayer metaverse game, is set to redefine the gaming industry with its revolutionary play-to-earn mechanism and immersive gameplay experience. By blending blockchain technology, web…
Bitcoin, Ethereum Technical Analysis: ETH Moves Past $1,900 as Traders End Losing Streak
After six consecutive days trading in the red, ethereum bounced back on Thursday, once again climbing above the $1,900 mark. The move came as bitcoin also edged higher, after falling to a four-week low during Tuesday’s session.…