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Russian regulators want to mine crypto through wasted flare gas
The oil and gas industry in Russia is pressurizing the authorities to allow it mine crypto with flares of natural gases.
Oluwapelumi Adejumo 2 min read
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Investments
There are over 100 million crypto owners in India, report finds
According to BrokerChooser, India beats the US in hosting roughly 100 million crypto owners in the world.
Exchanges
ProShares Bitcoin ETF ‘slurped’ 8,800 BTC ($560 million) on the first day
The first-ever Bitcoin Futures ETF has successfully jumped 4.8% higher and has closed at a striking price of $41.84.
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Analysis
On-chain data shows nearly 70% of Dogecoin (DOGE) holders are in profit
As many as 70 percent of Dogecoin holders are currently in profit despite the fact that the coin is a long mile off its all-time high of $0.70. The data continues that 26 percent of the holders are in a loss while 6% are breaking even.
Trading
Why a 6-month-high Bitcoin open interest could spell trouble
IntoTheBlock raise concerns that the funding rate is spiking hard to levels last seen during the most recent crash, in early September. This resulted in the price of Bitcoin suffering a 20% swing to the downside bottoming at $42,800.
Trading
NYSE Arca files form 19b-4 to convert Grayscale Bitcoin Trust (GBTC) into an ETF
Grayscale's cryptocurrency trusts are currently one of the only regulated ways for institutional investors to bet on crypto. And they could soon become exchange-traded funds.
Analysis
Valkyrie’s Bitcoin ETF Will Trade Under “BTFD” — here’s why the crypto community is excited
Valkyrie has decided to change its ticker name from $BTF to $BTFD, a move that has garnered immense praise from the crypto twitter community.
DeFi
Web3 company announces Polygon fund to bolster MATIC ecosystem
The upcoming Polygon Base Camp Accelerator comes after the successful launch of the Polkadot and Filecoin Base Camp accelerators by Outlier Ventures.
Trading
ProShares Bitcoin ETF confirmed for October 19 launch
The first Bitcoin ETF in the US, Proshares ETF would begin trading tomorrow.
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Banking
US mortgage lender dumps Bitcoin plans just two months after pilot
Exchanges
Institutional Bitcoin exchange Bakkt goes public on the NYSE today
Investments
Why the upcoming Bitcoin futures ETF may not be good news for retail investors
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