What to Make of the First Bitcoin Futures ETF Launch

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And it turns out they were right! Sort of. A bitcoin futures ETF began trading this morning, a first for this type of product in the U.S. An...

ProShares Bitcoin ETF (BITO) Rises on First Day of Trading, Sending BTC Higher

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BITO is structured to invest in bitcoin futures contracts traded on the Chicago Mercantile Exchange, rather than investing in the cryptocurrency directly, which is one reason why some...

Republic Closes $150M Series B Funding Round

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Returning investors from the Series A round in March were CoinFund, Galaxy Interactive, HOF Capital, Motley Fool Ventures and Tribe Capital. New backers included Pillar VC, hedge funds...

Massive Trading Volume for ProShares Bitcoin Futures ETF as NYAG Targets Crypto Lenders

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This episode is sponsored by NYDIG.Download this episodeOn today’s episode, NLW catches up on a variety of topics from the past week, including:How the first day of trading the...

Bank of America Adds 23 More Firms to Its Crypto Research List

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The additions are: Accenture, Advanced Micro Devices, American Express, Applied Materials, Avery Dennison, Facebook, FedEx, HDFC Bank, Hewlett-Packard Enterprise, IBM, Infosys, J.B. Hunt Transport Services, Mastercard, Microsoft, NVIDIA,...

Gensler for a Day: How Rohan Grey Would Regulate Stablecoins

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On paper, the concept of a “stablecoin” is relatively simple. Cryptocurrencies are notoriously volatile, and traders like being able to cash out quickly. Stablecoins are cryptocurrencies that allow...

Bitcoin Hits 6-Month High as First Bitcoin Futures ETF ‘BITO’ Starts Trading

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The ProShares ETF is structured to invest in bitcoin futures contracts traded on the Chicago-based CME, rather than investing in the cryptocurrency directly. So the ETF by itself...

DeFi Is Like Nothing Regulators Have Seen Before. How Should They Tackle It?

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Without those pressure points, things will get tricky. “It’s going to be very difficult to regulate DeFi. Much harder than crypto,” says Katherine Kirkpatrick, co-chair of the financial...

Grayscale Files With SEC to Convert Its Bitcoin Trust Into an ETF

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Grayscale Investments, the world’s largest digital currency asset manager, has filed with the Securities and Exchange Commission to convert its Grayscale Bitcoin Trust (GBTC) into a bitcoin spot...

Bullish Bitcoin Market Easily Digests Spike in Trading Volume

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From 2 a.m. to 3 a.m., the trading volume totaled 5,929 BTC on the exchange, and it reached 4,049 BTC from 3 a.m. to 4 a.m., the data...

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Facebook’s Novi Taps Paxos, Coinbase Ahead of Diem Rollout

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Novi, Facebook’s digital wallet subsidiary, will go live in the U.S. and Guatemala in a pilot program, allowing users to start trading the...

ProShares Bitcoin ETF (BITO) Rises on First Day of Trading, Sending BTC Higher

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BITO is structured to invest in bitcoin futures contracts traded on the Chicago Mercantile Exchange, rather than investing in the cryptocurrency directly, which...

BIT Mining Invests Another $11M in Ohio Crypto Mining Data Center

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The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for...

How a Startup Is Supplying a Whole City With Heat From Bitcoin Mining —...

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The company uses an “immersion” technology that captures the heat generated in mining and goes to hot water utilities known as “District Energy,”...