Funding • February 22, 2024 10:21 AM EST Posted 1 minute ago In ~ Valkyrie on Thursday launched a new Bitcoin leveraged product that aims to deliver 2x the daily performance of the Bitcoin Futures Index, marking its stake in Bitcoin leveraged products.A fund called Valkyrie Bitcoin BTC +0.26% Futures Leveraged Strategy ETF (BTFX) is a Bitcoin futures ETF that utilizes leverage. “It is designed to measure the performance of the CME Bitcoin futures market and is twice the daily performance of the index rolling on a scheduled basis,” Valkyrie said in a statement.This comes just a month after the…
Author: Crypto Flexs
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South African authorities have unveiled Treasury’s plans to promote the adoption of digital payments for marginalized groups. South Africa is considering stablecoins and blockchain as a way to improve the lives of underprivileged groups, according to a Treasury document released on February 21. South Africa’s Ministry of Finance has announced upcoming policy changes on stablecoins, detailing its plans to promote digital payments as one such strategy. South African officials said they would examine the impact of blockchain-based tokenization on the country’s financial markets through a working group expected to release a document by December 2024. “We have the basic financial…
Devcon season has finally arrived. A few days from now, Devcon attendees from around the world will begin heading to Osaka, and as the final countdown approaches, we’ve created a massive online release: devcon.org! We invite everyone to come see our amazing Devcon speakers! We now welcome speakers, workshop and lightning talk participants, and other presenters from Devcon5 online. Overall, this year’s event will see the largest Devcon attendance ever! Next, the Ethereum Foundation is pleased to announce this year’s Devcon sponsors and scholarship sponsors. There has been overwhelming support for the Ethereum community from leaders across the industry, and…
Bitcoin, Ethereum, and Ripple are some of the most well-known cryptocurrencies in the world, but a new player has emerged looking to revolutionize the digital currency space. BowsCoin is a decentralized peer-to-peer cryptocurrency that redefines the way we think about money and transactions. What is BowsCoin? BowsCoin is a next-generation cryptocurrency built on the principles of privacy, security, and decentralization. We use cutting-edge blockchain technology to ensure fast, secure and anonymous transactions. BowsCoin is designed to be a true digital cash system, allowing users to send and receive funds without any central authority or intermediary. Features of BowsCoin Some of…
Disclosure: This article does not represent investment advice. The content and materials presented on this page are for educational purposes only. Embracing innovation, Polygon (MATIC) and Chainlink (LINK) usher in a new era of decentralized streaming with DeeStream (DST). DeeStream’s $0.035 price and fixed liquidity allow investors to feel safe. DeeStream’s advancements that have passed rigorous auditing pave the way for a dynamic future in the digital content landscape. Maximize scalability through polygons Polygon is a layer 2 scaling solution for Ethereum that aims to improve scalability, usability, and interoperability. At its core, Polygon uses a combination of sidechains, plasma…
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Pantera Capital predicts a bullish trend in the cryptocurrency market following the expected Bitcoin halving event, highlighting Bitcoin’s DeFi expansion, technological advancements, and regulatory favorability. Market resilience is revealed through testing. In an analysis dated February 20, 2024, Pantera Capital reflected the resilience of the cryptocurrency market after a period marked by unprecedented challenges. The company, led by CEO Dan Morehead, highlighted a significant shift from a tumultuous phase characterized by “rare, crazy bad things” to a “no bad things” atmosphere, which is currently fueling the market recovery. 2022 has been a particularly cruel year for investors, according to analysis…
Jupiter now supports Bitget wallet connectivity – Chainwire We use cookies to make your experience on Chainwire’s website better. Cookies help us give you a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user or for the sole purpose of carrying out the transmission of communications over an electronic communications network. Technical storage or access is necessary for the legitimate purpose of storing preferences that have not been requested by…
Bitcoin was flat on Thursday morning ahead of new US data on two important economic indicators: initial jobless claims and home sales.As of this writing, Bitcoin is trading at $51,823.78. This is up a slight 0.3% since this time yesterday and virtually unchanged compared to last week, according to CoinGecko data.Both Bitcoin and Ethereum showed signs of traders taking profits and waiting to see what the markets will do after the US reported initial jobless claims and existing home sales.Investors have been focusing on economic data to predict when the Federal Reserve will finally cut interest rates in 2024. Hints…
European Central Bank advisers doubled down on the criticism: Bitcoin BTC +0.83% This suggests that it failed to become a globally decentralized cryptocurrency and instead fell victim to fraud and manipulation.In an ECB blog post Thursday morning, Urrich Bindseil and Jurgen Schaaf called the U.S. Securities and Exchange Commission’s (SEC) approval of a spot Bitcoin exchange-traded fund in January a “naked emperor bird.” and claimed that this did not change the fact that it was “the naked emperor’s new clothes.” “Bitcoin is not suitable as a means of payment or investment.”The ECB post goes on to suggest that for Bitcoin’s…