Bitwise Plans ETF Merger, Aims to Launch Momentum-Based Bitcoin and Ether Fund

October 5, 2024 Bitcoin.com

Bitcoin

Asset manager Bitwise has filed a proposal with the U.S. Securities and Exchange Commission (SEC) to merge three bitcoin and ethereum futures exchange-traded funds (ETFs) into a single fund. This new fund will utilize a momentum-based strategy, targeting both bitcoin and ether futures. Bitwise to Combine Bitcoin and Ethereum ETFs According to the SEC filing, […]

Intelligent Web: Role of AI in Powering Beldex DApps and Sidechain

Standard Chartered Sees Buying Opportunity as Bitcoin Nears $60K Dip

October 5, 2024 Bitcoin.com

Bitcoin

Standard Chartered has cautioned that bitcoin could drop below $60,000 due to rising geopolitical tensions in the Middle East. While the bank sees this as a buying opportunity, it also highlights the unique relationship between BTC’s price and the U.S. presidential race. Former President Donald Trump’s improving odds could enhance bitcoin’s long-term outlook, but a […]

Intelligent Web: Role of AI in Powering Beldex DApps and Sidechain

From $37B to $24.5B: DAO Treasuries Experience Significant Downturn

October 4, 2024 Bitcoin.com

From B to .5B: DAO Treasuries Experience Significant Downturn

bitcoin.com

In October 2024, the latest data shows that decentralized autonomous organizations (DAOs) hold $24.5 billion in treasuries, down by $12.6 billion since the end of March. Optimism’s DAO, which boasted $8.3 billion on Mar. 24, has seen its treasury shrink to $3.8 billion, making it the largest DAO treasury despite the decline. Decentralized Autonomous Organizations […]

Intelligent Web: Role of AI in Powering Beldex DApps and Sidechain

MARA Purchases Bitcoin in September, Expands Hashrate, and Holds Mined BTC

October 3, 2024 Bitcoin.com

Bitcoin mining

MARA, one of the largest bitcoin miners traded on the public market, acquired 192 BTC in September, while also holding onto all the bitcoin it mined during the month. MARA Strengthens Mining Operations, Grows Bitcoin Reserves to 26,842 This week, the publicly listed bitcoin (BTC) mining company MARA (Nasdaq: MARA) highlighted several operational improvements for […]

Intelligent Web: Role of AI in Powering Beldex DApps and Sidechain

Kraken launches derivatives trading in Bermuda with BMA license

October 3, 2024 Coin Telegraph

Bermuda

The crypto exchange is expanding its offerings in Bermuda as the US SEC goes after it on its home turf.

Cryptocurrency exchange Kraken has opened a derivatives trading platform in Bermuda, having received a license from the Bermuda Monetary Authority (BMA).

Bermuda is becoming an attractive locale for regulating cryptocurrency activities. Kraken follows Coinbase International and HashKey Global to the island.

The BMA indicates that Payward Digital Solutions (Kraken’s legal name) received a Class F Digital Business License on July 30, enabling it to provide wallet services, operate as a digital asset derivative exchange provider and operate as a digital asset lending or digital asset repurchase transactions service provider, among other things.

Intelligent Web: Role of AI in Powering Beldex DApps and Sidechain

Spot Bitcoin ETFs Suffer $91.76M Loss as Ethereum ETFs Rebound

October 3, 2024 Bitcoin.com

Spot Bitcoin ETFs Suffer .76M Loss as Ethereum ETFs Rebound

ARKB

U.S. spot bitcoin exchange-traded funds (ETFs) experienced another day in the red, with $91.76 million flowing out of the funds. However, spot ethereum ETFs showed some resilience, pulling in $14.45 million in fresh inflows on Wednesday. Bitcoin ETFs Experience Outflows as Ethereum ETFs Rise Above On Oct. 2, 2024, the 12 U.S.-based spot bitcoin ETFs […]

Intelligent Web: Role of AI in Powering Beldex DApps and Sidechain

Binance Secures 20th Global Milestone With Argentina Crypto Registration

October 3, 2024 Bitcoin.com

AML

Crypto exchange Binance has achieved a significant milestone by joining Argentina’s Virtual Asset Service Providers Registry, marking its 20th global regulatory achievement. This allows Binance to expand its full range of services to Argentina-based users, further embedding itself in the country’s cryptocurrency market. Binance Joins Argentina’s Crypto Registry, Strengthens Global Compliance Crypto exchange Binance announced […]

Intelligent Web: Role of AI in Powering Beldex DApps and Sidechain

Ripple Gets Green Light for Dubai Expansion

October 3, 2024 Bitcoin.com

bitcoin.com

Ripple, a digital asset infrastructure provider, has received approval to expand its operations in Dubai. The Dubai Financial Services Authority (DFSA) granted Ripple “in-principle approval” to offer its services from the Dubai International Financial Centre. This will allow Ripple to provide seamless cross-border payment services in the United Arab Emirates and align with its goal […]

Intelligent Web: Role of AI in Powering Beldex DApps and Sidechain

Kasikornbank to Launch Thailand’s First Licensed Digital Asset Custodian

October 2, 2024 Bitcoin.com

bitcoin.com

Kasikornbank Financial Conglomerate, a Thai banking giant, has said it plans to launch the country’s first licensed digital asset custodian. The service, called Orbix Custodian, is licensed by the Finance Ministry and supervised by the securities regulator. Kasikornbank is currently testing its systems before launching in early 2025. The goal is to protect investors and […]

Intelligent Web: Role of AI in Powering Beldex DApps and Sidechain

Aussie Bank Joins MAS’ Digital Asset Interoperability Project

October 2, 2024 Bitcoin.com

bitcoin.com

The Australian financial institution ANZ Bank has joined Project Guardian, a Monetary Authority of Singapore (MAS) initiative exploring the digitization of financial markets. In partnership with Chainlink Labs and ADDX, ANZ will investigate the interoperability of private blockchains for exchanging tokenized assets like commercial paper. ANZ aims to contribute to developing a stable, secure digital […]

Digital Assets