Cathie Wood’s Ark Invest Becomes Latest Bitcoin ETF Applicant
When it comes to being a Bitcoin bull, Cathie Wood of Ark Invests goes all out. Ark Invest has applied for a Bitcoin ETF that tracks BTC futures, according to a recent SEC filing. The SEC has expressed interest in approving such a derivative product rather than directly tracking the underlying asset, which is actual […]
Elon Musk signals support for Dogecoin’s ‘Update’ as the Bitcoin price unexpectedly rises
Elon Musk, who has recently alienated much of the bitcoin and cryptocurrency community, has reaffirmed his support for meme-based cryptocurrency dogecoin. The price of dogecoin has exploded this year, rising nearly 10,000% since October 2020 and propelling the memecoin into the top ten cryptocurrency rankings, aided by Musk’s erratic Twitter persona. In comparison, the price […]
G7 leaders establish digital currency guidelines for central banks
This week, the Group of Seven (G7) advanced economies discussed central bank digital currencies (CBDCs), deciding that they should “do no harm” and adhere to strict guidelines. On Oct. 13, G7 finance officials gathered in Washington to discuss central bank digital currencies and adopted 13 public policy guidelines for their deployment. The G7 countries, which […]
After new bond offers and collaborations, Olympus DAO chases a new ATH
Olympus DAO is a rebase project that has recently gained popularity owing to its enormous staker return of over 7,000 percent. The constantly growing field of blockchain technology provides a diverse set of methods and tokenomic models for addressing the blockchain trilemma of building a decentralised, stable, and secure network. The’rebase’ concept, which is structured […]
Over 900,000 individuals signed up for Coinbase’s NFT platform waitlist, and it’s just the first day
The site crashed because so many individuals attempted to join the waiting list for Coinbase’s new NFT platform. Sanchen Saxena, Coinbase’s Vice President of Product, said on Twitter, “We are getting a LOT of signups — so grateful for all your interest.” “Our servers are experiencing abnormally high loads, and our team is working tirelessly […]