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“# Billionaire investor Carl Icahn thinks Bitcoin may be the best hedge for inflation ” Billionaire investor Carl Icahn warned Tuesday that the next market crisis may be on the horizon, and Bitcoin could be the best hedge against inflation. With the United States government continuing to stimulate the economy, Icahn stated that he fears…
“# Coinbase announces multiyear partnership with NBA and WNBA ” Major cryptocurrency exchange Coinbase has inked a deal with the National Basketball Association, giving the platform the opportunity to educate basketball fans on crypto. In a Tuesday announcement, Coinbase said it would become the exclusive cryptocurrency platform partner of the National Basketball Association, or NBA,…
“# Cosmos announces launch of new blockchain, Sagan ” The Cosmos cross-chain network is building a new blockchain aimed at allowing developers to experiment with different protocols. In its quarterly keynote report published on Oct. 19, Cosmos said its Sagan blockchain was currently in development. The project teased the release of the blockchain in a…
“# Chainalysis will add Bitcoin to its balance sheet as price surges ” Blockchain analytics firm Chainalysis plans to purchase an undisclosed amount of Bitcoin for the firm’s balance sheet through New York Digital Investment Group’s brokerage services. In a Tuesday blog post, Chainalysis said it will expand its partnership with the New York Digital…
“# Crypto market cap breaks $2.5T — is this the season for ETFs? ” The total cryptocurrency market capitalization broke $2.5 trillion as the U.S. Securities and Exchange Commission seems to be open to approving additional crypto futures-linked exchange-traded funds. According to data from Cointelegraph Markets Pro, the value of all cryptocurrencies has more than…
“# Facebook pilots Novi crypto wallet with Coinbase, Paxos ” Social media giant Facebook has tapped Coinbase and Paxos for its forthcoming Novi digital wallet project, which kicked off its pilot testing phase in the United States and Guatemala on Tuesday. Beginning Oct. 19, a small cohort of users in both countries will be able…
“# ProShares Bitcoin-linked ETF launches on NYSE as BTC price rises above $63K ” The first Bitcoin (BTC) futures-linked exchange-traded fund in the United States began trading on the New York Stock Exchange, opening at a price of $40 per share. According to the New York Stock Exchange, ProShares’ Bitcoin Strategy ETF, the first exchange-traded fund…
“# Melanion Capital Bitcoin ETF to launch on Euronext Paris on Oct. 22 ” Concurrent to the United States finally launching its first Bitcoin (BTC) futures-based exchange-traded fund (ETF) Tuesday, France inches closer to a major Bitcoin-related ETF launch. Paris-based alternative investment firm Melanion Capital is preparing to launch its Bitcoin-linked ETF product already this…
“# NFT gaming proposition in question as regulators and traditional gaming pullback ” The gaming industry is a multi-billionaire dollar market traditionally dominated by giant corporations like Atari, Sony, Microsoft and Nintendo, among others. Throughout their history, these major firms have aimed to provide entertaining gaming experiences to attract new players and expand their market…
“# Polkadot-based privacy project Manta Network raises $5.5M ” Manta Network, a privacy layer project for the Polkadot ecosystem, has completed a new funding round to continue scaling decentralized finance (DeFi) use cases by boosting blockchain privacy. Announced Tuesday, Manta Network’s latest $5.5-million funding round included participation from more than 30 venture funds, including crypto…