VanEck Bitcoin Strategy ETF launch day volume a fraction of BITO’s
Lower volumes compared to ProShares were expected, but Van Eck hopes its lower fees can give it an edge over competitors. The VanEck Bitcoin Strategy ETF (XBTF) closed its first…
Miramax sues Tarantino over ‘money grab’ Pulp Fiction NFTs
The film production company behind Pulp Fiction called Quentin Tarantino’s plans to make NFTs based on the film a “deliberate, premeditated, short-term money grab.” Production company Miramax has filed a…
IoTeX ‘MachineFi’ rebrand backs 200%+ rally to a new all-time high
IOTX price hits a new all-time high after the project shifts its focus to “MachineFi”, NFTs and decentralized finance. In the past 30 years, the growth of the internet and…
Tether launches Synonym to boost Bitcoin adoption through Lightning Network
The new venture is pursuing hyperbitcoinization by combining the Lightning Network’s speed with the architecture of an open peer-to-peer platform. Synonym Software Ltd., a company founded by stablecoin issuer Tether…
Traders watch for a trend reversal after Ethereum price drops to $4,100
ETH’s 13% drop to $4,100 led to $200 million in futures liquidations, but pro traders still have reason to stay long and strong. Ether (ETH) traders might have a few…
NYDIG partners with Houston Rockets basketball franchise, plans to pay team in BTC
The deal seems to be part of a larger move for Rockets owner Tilman Fertitta, who is also the chairman and CEO of a restaurant group that recently launched a…
Mt. Gox rehabilitation plan is now ‘final and binding’
Nobuaki Kobayashi implied in October the “final and binding” ruling was the last major hurdle in the compensation process, hinting users who filed claims could receive the funds fairly quickly.…
Polygon launches a zk-STARK scaling solution for DApp deployment
The move is expected to improve the validation process for DApps on the Polygon network. Polygon, a layer two scaling solution for Ethereum compatible blockchains, stated in a press release…
Bitcoin Price Drops to $60,000 as ETF Hype Fades, ADA, IOTX, WAX, Nov. 15
BTC Bitcoin was trading under the $60,000 level on Tuesday after selling broke out in the world’s largest cryptocurrency. One of the problems for Bitcoin recently has been a fade…
DOJ Selling Cryptocurrency Seized From Bitconnect Worth $56 Million
The U.S. Department of Justice (DOJ) is selling cryptocurrency worth $56 million that was seized from the “number one promoter” of Bitconnect, the largest crypto fraud scheme ever charged criminally.…
Shopping.io Launches First Annual Crypto Tuesday
PRESS RELEASE. Shopping.io, an innovative crypto e-commerce platform, announces its first ever Crypto Tuesday event, taking place on Tuesday, November 30, 2021. Crypto Tuesday is the first-of-its kind discount event…
Big Four Accounting Firm Deloitte Forges Partnership With Ava Labs to Leverage Avalanche Blockchain
On Tuesday, one of the Big Four accounting organizations, Deloitte announced a strategic partnership with Ava Labs, the team behind the blockchain network Avalanche. According to the announcement, Deloitte’s new…
As the Dollar’s Purchasing Power Drops, Janet Yellen Stresses ‘Pandemic Calls the Shots’ for the Economy, Inflation
Inflation has continued to make the price of goods and services in America rise as the U.S. dollar’s purchasing power is not what it used to be. Meanwhile, the Obama…
US Justice Dept is selling $56M in crypto to compensate victims of BitConnect’s fraud
“This liquidation is the largest single recovery of a cryptocurrency fraud by the United States to date,” said the Justice Department. The United States Department of Justice is planning to…
Ripple outlines possible regulatory framework for crypto industry in US
Innovation sandboxes, applying existing frameworks on crypto, and communication between the public and private sectors were included in Ripple’s suggestions. Ripple, the company whose executives have often criticized the United…