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“# Canadian Bitcoin ETFs quickly hit $1.3B in AUM while US acceptance lags ” The Purpose Investments ETF, the first Bitcoin (BTC) exchange-traded fund to launch in North America, has seen its assets under management soar to $1.1 billion less than two months after launching. Two Bitcoin ETFs that launched shortly after Purpose’s in Canada…
“# Coinbase’s COIN stock reference price set at just $250, as 1,700 staff get free shares ” Major U.S. exchange Coinbase’s COIN stock has received a reference price at $250 from Nasdaq, ahead of the much-anticipated direct listing on the stock exchange just hours from now. The price is far below the current FTX pre-trading…
“# NFTs by mail? US Postal Service plans to support postage tokens ” The United States Postal Service will soon be stepping into the nonfungible token market. Not to release artwork or music, but rather to help customers purchase postage. In an announcement on Tuesday, communications-as-a-service platform CaseMail said the USPS had certified its postage…
“# Republican Kevin McCarthy says Fed chair needs more education on crypto ” Kevin McCarthy, the minority leader in the U.S. House of Representatives, hinted that both the current Secretary of the Treasury and chair of the Federal Reserve may need to reevaluate their positions on crypto. Speaking on CNBC’s Squawk Box this morning, host…
“# Miami nightclub accepts Bitcoin as nightlife cautiously returns ” A nightclub in Miami is set to return from oa COVID-19-related shutdown of over a year by accepting Bitcoin (BTC) and other cryptocurrencies as a form of payment. Luxury nightclub E11even Miami announced Tuesday that it will soon start accepting cryptocurrency as payment for tables, drinks,…
“# Linux Foundation launches blockchain-based platform for insurance ” The Linux Foundation, the nonprofit technology consortium that supports the Linux operating system, is backing a new blockchain-based project for the insurance industry. On Monday, the foundation announced the launch of the Open Insurance Data Link platform, a project that aims to reduce the cost of insurance reporting…
“# US firm splashes out on 4,800 Bitcoin miners worth $34M ” Pennsylvania software firm Integrated Ventures has announced the purchase of 4,800 Bitcoin (BTC) mining rigs from Chinese manufacturer Bitmain. The deal is worth just over $34 million and will see 400 of Bitmain’s Antminer model S19J’s delivered to Integrated Ventures each month for…
“# Galaxy Digital submits Bitcoin ETF application with SEC ” Galaxy Digital has submitted a Bitcoin (BTC) exchange-traded fu filing with the United States Securities and Exchange Commission. According to the form S-1 published by the SEC on Monday, the Galaxy Bitcoin ETF — if approved — will trade on the NYSE Arca exchange, with…
“# Topps baseball card maker and MLB will issue official NFTs ” A set of nonfungible tokens will be issued by the United States’ leading trading card maker Topps in partnership with Major League Baseball and MLB Players Inc. Topps’ flagship annual baseball card collection, now to circulate in NFT form, reflects the company’s pivot toward…
“# US isn’t prepared to regulate new industries like crypto, says Ripple CTO ” David Schwartz, chief technology officer at Ripple Labs, says U.S. regulators’ response to the crypto industry may help XRP in the end but is also likely to hurt burgeoning companies. The Ripple CTO told Cointelegraph he believed many crypto and blockchain…