News

Hindenburg Research Offers $1M Reward to Uncover Tether’s Backing

Short-selling research firm Hindenburg Research is to offering a bounty of up to $1 million for information that can uncover details about stablecoin Tether's backing.

Business  ·  20 October 2021

VanEck to Join ProShares in Launching a Bitcoin Futures ETF

The two funds would be the first bitcoin-linked ETFs to begin trading in the U.S., opening the door for a much broader base of investors.

Business  ·  20 October 2021

Bitcoin Hits All-Time High Above $66K on Strength of ProShares ETF Debut

The latest rally appears fueled by the successful debut on Tuesday of the first U.S. bitcoin futures exchange-traded fund.

Markets  ·  20 October 2021

DCG, Facing Competition From Bitcoin ETFs, Plans to Buy More Grayscale Bitcoin Trust

The crypto conglomerate says it may buy up to a billion dollars of subsidiary Grayscale’s flagship product.

Business  ·  20 October 2021

Purpose Investments Files to List 3 More Crypto ETFs in Canada

The Canadian asset manager has filed to list three further cryptocurrency exchange-traded funds with the Canadian securities regulators.

Business  ·  20 October 2021

Cboe Acquires ErisX in Return to Crypto Derivatives Market

Cboe has agreed to buy crypto spot and derivatives marketplace ErisX for an undisclosed amount.

Business  ·  20 October 2021

Ethereum’s ‘Difficulty Bomb’ Timing Hints at an Early Summer Merge

Ethereum developers are now considering setting the effects of the difficulty bomb to take place in June 2022. That means the Merge should happen before that date.

Tech  ·  20 October 2021

Ether Awaits Price Breakout After Bitcoin’s Record Daily Close

Ether lags bitcoin as the latter nears a record high price.

Markets  ·  20 October 2021

Russian Oil Companies Want to Mine Crypto on Flare Gas: Report

Russia’s Ministry of Digitalization and the Bank of Russia have been to comment on the idea that oil companies might use flare gas to power crypto mining.

Business  ·  20 October 2021

Stronghold Digital Upsizes IPO Price to $19 a Share

Bitcoin mining company Stronghold Digital has upsized its initial public offering to $19 per share with plans to raise $127 million.

Business  ·  20 October 2021

Bitcoin Options Open Interest Tops $14B as ProShares ETF ‘BITO’ Goes Live

An uptick in options activity ahead of bitcoin’s ETF listing signifies increased participation by sophisticated investors.

Markets  ·  20 October 2021

Chinese E-Commerce Giant JD.com Reveals NFTs

Tencent and Alibaba launched their own NFT platforms in August.

Business  ·  20 October 2021