In an unprecedented move, asset manager Valkyrie has received approval to convert its Bitcoin futures exchange-traded fund (ETF) into a two-for-one investment vehicle. By combining Bitcoin and Ether futures contracts into one contract, the Valkyrie Bitcoin Strategy ETF (BTF) has made history as the first US ETF to provide exposure to both Ether and Bitcoin futures contracts under a single
Tecpetrol, a major oil producer in Argentina, has recently announced an innovative plan to utilize associated gas for cryptocurrency mining. By leveraging the abundant associated gas generated in its oil fields near Vaca Muerta, the company aims to generate electricity and power miners’ rigs. This groundbreaking venture highlights the company’s commitment to embracing new technologies and optimizing its resources. Utilizing
Taiwan’s Financial Supervisory Commission (FSC) has recently introduced new guidelines aimed at bolstering the protection of cryptocurrency users in the country. These regulations, announced on September 26, represent a significant step toward ensuring the safe and secure operation of Virtual Asset Service Providers (VASPs) in Taiwan. By imposing stricter compliance standards and fostering self-regulation within the industry, the FSC aims
Stablecoin issuer Circle has announced the launch of a new version of its euro-backed stablecoin, EURC, on the Stellar blockchain. This expansion comes after EURC’s previous availability on the Ethereum and Avalanche networks. With stablecoins playing a crucial role in facilitating fiat-currency-related actions on blockchain networks, the addition of EURC on Stellar provides users with a native euro stablecoin option,
Deutsche WertpapierService Bank AG (dwpbank) has recently announced the launch of its innovative platform, “wpNex,” which allows 1,200 banks and savings banks in Germany to trade digital assets for themselves and their customers. This groundbreaking initiative marks a significant step towards the integration of cryptocurrencies and other digital assets into the traditional banking sector. The platform’s first component enables the
Darwinbit, a digital asset wealth management firm, has officially launched at the prestigious Blockchain Expo Europe. With a unique approach to providing wealth management services, including structured products, staking, fixed-income, and more, Darwinbit is poised to disrupt the crypto space. Unique Approach to Wealth Management Services In the rapidly evolving crypto market, DarwinBit stands out by offering a disruptive approach
MoneyGram, a leading global payment company, has unveiled its new non-custodial wallet, bringing increased flexibility and cost efficiency to users. This move highlights MoneyGram’s growing interest in cryptocurrency and its commitment to leveraging blockchain technology for seamless fund transfers worldwide. MoneyGram’s interest in crypto and blockchain technology is evident through the introduction of its non-custodial wallet. By embracing blockchain technology,
The cryptocurrency market has been a hot topic of conversation recently, with the rapid emergence of new cryptocurrencies and the debut of presale coins. Investors and enthusiasts are eager to explore these opportunities, but it’s important to understand the volatility of the crypto realm and the significance of considering past performance when venturing into this space. ApeMax’s Unique Staking Mechanism
TON Coin, the native cryptocurrency of the TON blockchain and Telegram services, has seen a remarkable surge in its price, experiencing a 92% increase from its August lows. This impressive recovery rally is largely attributed to the recent integration of TON Coin’s self-custodial wallet into the Telegram app, causing a surge in demand and renewed interest among investors. This article
InQubeta ($QUBE) is swiftly gaining recognition within the cryptocurrency space as a compelling crypto to buy. What sets InQubeta apart is its pioneering approach, making use of fractional NFTs to create a unique investment vehicle. This innovative concept allows investors to gain exposure to rare and valuable assets without needing to purchase the entire NFT. With InQubeta’s fractional NFT model,
The European Central Bank (ECB), long known for its innovative approach to central banking, is now venturing into the realm of artificial intelligence (AI) to streamline its operations and enhance efficiency. This article delves into the ECB’s recent experimentation with off-the-shelf AI products, shedding light on their cautious approach, the importance of transparency in decision-making, and the potential impact on
The European Payments Initiative (EPI), backed by major banks, is gearing up to challenge the dominance of payment giants like Mastercard and Visa in Europe. In a bid to provide a robust European alternative, EPI has announced its new digital wallet solution named ‘wero’. This article delves into the motives behind introducing ‘wero’, EPI’s mission to compete with existing payment
