Bitcoin ETFs beckon as SEC spurns sweet spot
Top blockchain and crypto news: Spot ETFs stymied as SEC stands firm. Is Bitcoin’s Taproot upgrade worth the wait? China’s crypto mining goes underground.
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VanEck Bitcoin-linked ETF XBTF price slightly down in CBOE debut
Investment firm VanEck’s Bitcoin futures exchange-traded fund (XBTF) closed Tuesday 1.94% down in price to US$59.73 for its initial day of trading on the Chicago-based CBOE global exchange, according to MarketWatch’s data. Fast facts On Nov. 15, VanEck announced the launch of XBTF as the “lowest-cost Bitcoin-linked ETF” compared to its competitive rivals. The company…
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Bitcoin, Ethereum prices drop as crypto funds see record $9B in inflows this year
Cryptocurrency prices dropped again this morning Asia time, with Bitcoin and Ethereum trading 7% and 8% lower respectively in 24-hour trading, according to CoinGecko data. In the meanwhile, a new CoinShares report on institutional investing in cryptocurrency found record inflows year-to-date, suggesting that big investors overall are still bullish on crypto. Fast facts Bitcoin — the…
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Taproot is the biggest Bitcoin upgrade in 4 years — what it means, and price reaction
While Ethereum leads the market in smart contracts, Bitcoin’s Taproot upgrade could help the world’s oldest blockchain emerge as a future contender. Here’s why.
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SEC rejects spot Bitcoin ETF
The SEC rejected a Bitcoin spot ETF, citing the possibility of fraud, which briefly sent BTC prices down.
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Double-whammy U.S. inflation news sends Bitcoin flirting with US$69,000
Within minutes of reports showing U.S. consumer prices rising and weekly wages falling, Bitcoin surged on inflation fears.
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Bitcoin mining is ‘infinitely sustainable,’ says Blockstream executive
Panel explores sustainability issues surrounding the energy-intensive industry at Bitcoin & Beyond Virtual Summit.
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BitMEX CEO expects 5 to 10 countries to adopt Bitcoin by next year
While El Salvador carved out its place in history as the first country in the world to adopt Bitcoin as legal tender, there are others that may follow for an array of reasons.
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How is the launch of Bitcoin futures ETFs affecting crypto mining?
After the SEC approved a Bitcoin futures ETF, the cost of crypto mining rigs jumped. Coincidence? Varit Bulakul of The Brooker Group explains.
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Unlocking the power of Bitcoin through smart contracts
As Ethereum has become the preferred blockchain for smart contracts, what’s the future of the Bitcoin blockchain?