Less than a week after VanEck announced that it would lower the fees it charges on spot Bitcoin ETFs, the investment manager’s fund has seen a huge surge in trading volume.On Tuesday, VanEck’s Spot Bitcoin ETF topped $300 million in trading volume as of 1:50 PM ET. This is more than 10 times the volume on our best day to date. VanEck’s cryptocurrency-backed ETF hit an all-time high of $25.5 million in daily trading volume when it launched on January 11, according to Yahoo Finance data compiled by The Block.Bloomberg Senior ETF Analyst Eric Balchunas went to To express surprise…
Author: Crypto Flexs
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VanEck’s spot Bitcoin ETF saw its average daily trading volume increase 14x the day before the company implemented a fee cut, reducing the cost of entry from 0.25% to 0.2%. According to Bloomberg’s Eric Balchunas, the VanEck Bitcoin Trust ETF (HODL) recorded over $258 million in trading volume from 32,000 individual traders on February 20th. Balchunas noted that VanEck’s trading volume and number of traders are well above the average for the company’s new exchange-traded fund. I have never seen such a sudden explosion of grassroots deals. Eric Balchunas of X According to Yahoo Finance, VanEck’s previous high was about…
The internet has been quieter than usual, but we’ve been very busy hacking eth2! Between focusing on Devcon5 and our work, we seem to have left the community in the dark about a few items. Here’s a quick update to fill in the gaps: deposit agreement Even though the deposit contract has been completed written, Tested.and officially confirmed, we are working to ensure that BLS standardization is stabilized prior to launch. One of the goals of eth2 is to be able to easily interoperate with other blockchains and systems in general. To that end, we don’t want BLS signatures to…
Bitcoin price surged towards the $53,200 resistance level. BTC is trading in a key range and is still holding gains above the $50,000 support area. Bitcoin price is struggling to break the $52,500 resistance zone. The price is trading below $52,400 and the 100-hour simple moving average. The hourly chart of the BTC/USD pair (data feed from Kraken) has a bearish trend line attached, forming at resistance $52,300. The pair may decline towards the $51,600 support before attempting a new rally. Bitcoin price is holding steady Bitcoin price made another attempt to gain strength above the $52,200 resistance zone. BTC…
Are you tired of long airport lines, cramped seats, and the hassle of commercial air travel? BitLux offers a luxury alternative through its private jet travel services. With years of experience in the industry, BitLux provides customers with unparalleled service, unparalleled convenience and the ultimate luxury experience. Why choose BitLux? BitLux is committed to providing the highest level of service and comfort to our customers. Their private jets are meticulously maintained and equipped with every amenity imaginable. From spacious seating to gourmet catering, every detail has been carefully considered to ensure a luxurious and stress-free travel experience. Benefits of private…
Palo Alto, USA, February 20, 2024, Chainwire The co-organizers of Sui Basecamp, the first annual global Sui conference, today announced the first confirmed speakers for the Paris event, taking place on April 10 and 11, 2024. Sui Basecamp is a celebration of developers and entrepreneurs building on Sui. It is an innovative layer 1 blockchain and smart contract platform and features speakers and thought leaders from around the world and across the greater Web3 ecosystem. Sui Basecamp’s initial speakers include: Arianna Simpson, General Partner at a16z Balaji S. Srinivasan, Angel Investor, Technology Founder and Author of The Network State Meltem…
I’m using Bitcoin Core and for some reason I don’t want to accept a transaction when there is already another transaction in the mempool, even if that transaction is using a different UTxO and has different non-witness data. Enough to cover transaction costs and fees. It also checks if the fee is greater than vsize. This means the problem is not the fees. Can someone provide some insight into the reason for this specific rejection?
Posted 1 minute ago In ~ Stablecoin issuer Circle announced on Wednesday that it would be phasing out support. USDC -0.27% We have terminated USDC mining services on our blockchain on the TRON network, effective immediately.“As part of its risk management framework, Circle continually evaluates the suitability of all USDC-backed blockchains,” the company said. nameIt added that the decision to discontinue support for TRON was based on an “enterprise-wide approach” that included business organization, compliance and other functions. “This action is consistent with our efforts to ensure USDC remains trusted, transparent, and secure,” Circle continued.The company said it will enable…
ZeroLend prepares to launch token in Q1 2024: Seed round successfully closed, private rounds surge – Chainwire housenewsroomZeroLend prepares to launch token in Q1 2024: Seed round successfully closed and private rounds surge 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…
CME Group plans to launch a euro-denominated micro-currency. bitcoin and Ethereum We plan to launch futures next month to respond to the rapidly growing demand in the derivatives market.Trading company based in Chicago presentation On Tuesday, it said it would launch cryptocurrency futures for European markets due to the popularity of the US dollar-denominated currency.Futures are scheduled to launch on March 18th following regulatory review. CME Group is the world’s largest derivatives market comprised of four exchanges.Futures are a type of contract that requires investors to buy or sell an underlying asset at a specific price on a predetermined expiration…