Valkyrie has launched a new Bitcoin-leveraged exchange-traded fund (ETF), the Valkyrie Bitcoin Futures Leveraged Strategy ETF (BTFX). This financial instrument aims to offer investors twice the daily performance of its underlying index, which tracks the performance of the CME Bitcoin Futures market. The ETF’s strategy involves a scheduled rolling of its futures contracts to maintain […]

The top crypto prices today witnessed a rebound as the Bitcoin (BTC) price extended above the $62,000 mark. Moreover, the Ethereum (ETH) gained notably and sustained the $2,900 level. In addition, other top altcoins, such as Solana (SOL), XRP, Cardano (ADA) also noted a significant uptick. Major Crypto Prices Today 1. Bitcoin Price Source: CoinMarketCap […]

Polygon’s native cryptocurrency MATIC has managed to come out of the abyss after facing an 8.5% drop the day before, At press time, the Polygon (MATIC) price is up 8% trading at $0.98 with a market cap of $9.5 billion. Reddit to Use Polygon (MATIC) for Payment In its recent IPO filing, social media platform […]

Following the recent market crash that jolted the cryptocurrency world, there has been a significant change in the market dynamics. With Ethereum (ETH) staying at $2,915.90, experiencing declines of 1.76%, 4.93%, and 5.68% in the last day, week, and month, investors are looking for safety in other investments. The crypto sphere was shaken by the […]

After this long three years of wait, Reddit IPO announcements are finally out. Reddit on this Thursday filed an IPO prospectus with the SEC. ‘RDDT’ is chosen as the symbol for the Reddit IPO and will be traded on the New York Stock Exchange. Reddit is a San Francisco-based company valued at $10 Billion in […]

Recent developments indicate that the approval of Ethereum Exchange-Traded Funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) may face significant hurdles. Bloomberg analyst James Seyffart and finance lawyer Scott Johnson have provided insights into the regulatory challenges and market implications surrounding these proposed ETFs. James Seyffart’s Prediction and Regulatory Considerations James Seyffart, a […]

Perianne Boring, CEO and founder of the Chamber of Digital Commerce (CDC), has announced that the association has taken legal action against the Environmental Impact Assessment (EIA). This comes after an EIA survey was rolled out to acquire sensitive Bitcoin mining data and crackdown on these mining operations. Chamber Of Digital Commerce Files For A […]

Google has introduced new features to its Gemini and Gemma product lines, the most important of which is the Gemini 1. 5 Flash model and new features with the Gemini API. These improvements are meant to be a response to the needs of the developers and enterprise customers who are looking for advanced AI functions […]

The Texas Blockchain Council (TBC) and Riot Platforms have filed a lawsuit against the Energy Information Administration (EIA) of the United States Department of Energy. The move is a reaction by the plaintiffs to what they claim is a provocative request for information concerning energy consumption coming from cryptocurrency mining operations. The legal filing, presented […]

In a dramatic turn of events, a Dogecoin (DOGE) investor who held one of the largest DOGE wallets over the past decade missed out on a potential million-dollar gain by selling their tokens at an inopportune time. This wallet, which began accumulating DOGE in late 2013, finally sold its entire stash in late 2023. However, […]