All gas, no brakes. That’s the SEC’s sentiment regarding the potential launch of initial Bitcoin futures ETFs that could hit the market as early as next week. After fielding nearly a decade’s worth of crypto ETF applications, it’s without question a landmark moment. Let’s take a look at what we know, what it means, and…
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Various investment funds have applied for Bitcoin ETFs in the U.S. The number has grown as interest in crypto has been on the rise in recent months. A couple of countries so far have approved some crypto ETFs and investors can trade on these. However, the United States is yet to see the approval of…
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The Stellar Development Foundation (SDF) has made a fresh bet on the financial services sector. According to a press release, the institution participated in a $145 million series E for Tala. A global technology company working on providing millions of people with access to lend, borrow, and other financial services Tala reached an over $350…
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The Bitcoin fear and greed index has started to quickly change to extreme greed as the crypto continues to rally up. Bitcoin Fear And Greed Needle Starts Pointing At Extreme Greed As per the latest weekly report from Arcane Research, the fear and greed index quickly turned to extreme greed values last week. The “fear…
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Several models for the development of nations for the next three to five years were presented by the World Economic Forum, where cooperation was emphasized as the foundation for successful and speedy economic and social recovery. Speaking at the WEF, Børge Brende, a Norwegian politician and member of the Conservative Party, said that “the direction…
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The crypto ecosystem has positioned itself as a disruptive niche to the centralized, traditional finance architecture. This upcoming decentralized market is based on blockchain technology, whose fundamental infrastructure is supported by several nodes instead of an overarching central authority. Blockchain nodes can be compared to small servers – their primary role is to store the…
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Bitcoin is moving with conviction to the $60,000 area. At the time of writing, BTC’s price trades at $57,681 with a 4% profit in the weekly and daily charts. BTC moving sideways in the daily chart. Source: BTCUSD Tradingview The general sentiment in the market remains bullish as Bitcoin has been able to shake off…
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This year, the use and acceptance of cryptocurrencies have experienced brisk expansion, especially in developing and under-developed regions like Latin America and Africa. Clouded by hyperinflation, decades of political and economic problems, feeble national currencies, and scarcity of traditional financial services, young populations within these regions with access to smartphones and the internet are playing…
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Non-fungible tokens (NFTs) are gradually shaping the future of the metaverse, a futuristic iteration of the internet where participants exist in a digital world through 3D virtual shared spaces. This rising crypto niche has caught the attention of creatives, given the opportunity to integrate their art with decentralized ecosystems. At the core, NFTs are digital…
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Coinbase recently announced the launch of its NFT marketplace, much to the delight of crypto investors. Its aim is to make the minting, selling, buying, and storing of non-fungible tokens easier for investors who want to get into the market. It brings this service to its 68 million-strong user base in its mission to make…
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