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Bitwise has announced a strategic move aimed at granting investors access to CME Ether futures. The team at Bitwise Asset Management has taken a bold step by revising their spot Bitcoin exchange-traded fund ( ETF ) application. They’ve also confirmed that trading for two groundbreaking Ether futures ETF s is set to kick off on October 2. These two pioneering ETFs are none other than the Bitwise Ethereum Strategy ETF and the Bitwise Bitcoin and Ether Equal Weight Strategy ETF. Bitwise is unwavering in its belief that this strategic maneuver will empower investors to tap into the dynamic world of Chicago Mercantile Exchange Ether futures. Matt Hougan, the firm’s Chief Investment Officer, shared his insights in a statement, highlighting the expansive portfolio potential Ethereum offers compared to Bitcoin. Some investors perceive Ethereum as an innovative alternative, while others view it as a classic growth investment, seamlessly blending elements of both. Interestingly, ...

Amidst the ongoing volatility in the crypto currency market, a unique opportunity emerges for investors seeking promising entry points.  A select group of cryptocurrencies, currently trading at prices below $0.10, are catching the eye of market observers.  These digital assets boast strong fundamentals and benefit from active and supportive communities. In this context, Finbold has pinpointed 3 such cryptocurrencies that may hold significant appeal for investors. Kaspa (KAS) Kaspa (KAS) is a blockchain that acts as a decentralized and highly scalable protocol, with a particular focus on increasing throughput, minimizing transaction fees, and making transactions more secure.  Cryptocurrency AI forecasts XRP price for the end of 2023 Cryptocurrency Radix Babylon upgrade enters new age for Web3 user and developer experience Cryptocurrency Investing $100/week into Dogecoin in 2023 would be this worth today ...

Bitcoin’s price has seen limited action recently, consistently hovering around the $26,000 mark. Consequently, the CRYPTOCURRENCY market space is rife with uncertainty. Significantly, amid this relative calm, Rekt Capital , a renowned Bitcoin analyst , recently provided a roadmap to guide investors’ decisions. He projects a strategy that may drive substantial profits through 2024 and beyond. Rekt Capital began its analysis by diving deep into Bitcoin’s historical market trends. Through this study, he aimed to offer valuable insights for investors. One pivotal takeaway from his examination highlighted the importance of Bitcoin’s pre-halving periods in 2015, 2019, and, notably, the ongoing 2023 phase. Comparing the 2023 market conditions with prior cycles, Rekt Capital believes purchasing Bitcoin at its current valuation is comparable to the $9,500 rate in 2019. Such an investment might come with heightened risks. History, he argues, indicates a potential dip, ...

Circle has emphasized that assets linked to the U.S. dollar do not fall under the category of securities. This is primarily because those acquiring these assets do not anticipate any profits from their acquisition. Circle, the entity behind the USD Coin stablecoin, has weighed in on the legal dispute between the United States Securities and Exchange Commission (SEC) and the cryptocurrency exchange, Binance. In an official court filing, Circle has asserted that assets pegged to the U.S. dollar, such as Binance USD (BUSD) or USDC, do not qualify as securities because individuals purchasing these assets are not anticipating any financial gains. According to Circle’s perspective, payment stablecoins do not inherently possess the characteristics of an investment contract. On June 5th, the SEC filed a lawsuit against Binance, citing several alleged legal infractions. The regulatory body has brought forth a total of 13 charges against the cryptocurrency exchange. These allegations incl...

The SEC has been delaying its decisions regarding spot Bitcoin ETFs in the U.S. However, this has not stopped companies from expanding their ETF offerings. Valkyrie received approval to convert its existing Bitcoin futures ETF to a two-for-one investment vehicle. Now, the company has started buying Ethereum futures contracts. The fund’s new strategy to combine BTC and ETH will formally come into force on Oct. 3, 2023. The ETF name will change to Valkyrie Bitcoin and Ether Strategy ETF. Nevertheless, the ‘BTF’ ticker will not see any updates. By adding Ethereum exposure to futures contracts, Valkyrie becomes the first U.S. ETF to provide investors exposure to Ether and Bitcoin futures contracts under the same umbrella. A spokesperson for the company revealed that Valkyrie was the first to get approval for the ETH Futures ETF , among other firms. This was because it “supplemented its prospectus and updated risk disclosures related to Ether futures .” ...

Shiba Inu developer Kaal Dhairya has made a significant move in the world of cryptocurrencies by renouncing control of the ShibaSwap governance token BONE. Renouncing a SMART CONTRACT , as Dhairya confirmed, signifies relinquishing control over the token’s SMART CONTRACT , effectively rendering it trustless and transparent. This move is expected to attract more investors, ensuring that any party cannot alter or manipulate the contract. In a recent post on September 26, Dhairya announced the completion of the renounceOwnership function, stating, “The deed is done, BONE is now renounced via the TopDog contract. We will continue to build decentralized, permissionless systems for the benefit of the community.” This action was executed at block 18222509 from the Shiba Inu deployer, ShibaSwap.eth, to the Migrator address, ensuring BONE’s long-term security and decentralization. Shiba Inu Marketing Strategist Lucie Shib also confirmed the BONE renouncement by shari...

Terraform Labs founder Do Kwon has asked a US court to deny the Securities and Exchange Commission’s (SEC) request to question him in the US before mid-October on account of him still being detained in Montenegro. Kwon’s legal team claimed in a filing that the SEC ’s request to grill him over the collapse of the Terra ecosystem is “impossible,” pointing to the fact that he still has no definite release date or scheduled extradition. They also object to the idea of Kwon being asked to provide a written testimony, branding it “inconsistent with his right to due process under the United States Constitution.” Do Kwon faces ‘grim’ year in Montenegro jail, lawyer says Read more: Explained: SEC allegations against Do Kwon and Terraform Labs Kwon has, however, thrown the SEC a lifeline, stating that he’s not entirely opposed to the idea of a deposition — provided it takes place in Montenegro. This would involve a Montenegrin court asking question s on the SEC ’s beh...

The market for mobile games with augmented reality (AR) support has been dominated for several years by the well-known game Pokémon GO.  In its time, it was a groundbreaking and unique game that attracted millions of players and created a global sensation. However, technology is advancing by leaps and bounds, and Pokémon GO no longer holds the unassailable position it once did. A brand-new mobile game, SpaceCatch, is now entering the market. SpaceCatch, the new augmented reality mobile game Like Pokémon GO, SpaceCatch also supports augmented reality. It is a mobile game set in the future when aliens invade planet Earth.  However, it’s important to mention that unlike Pokémon GO, SpaceCatch fully integrates new advanced technologies such as blockchain and NFTs. These technologies may seem irrelevant to some, but the opposite is true. Thanks to blockchain and NFTs, SpaceCatch becomes a game that surpasses Pokémo...

The coalition includes Google sibling company SandboxAQ and the University of Waterloo. IBM Quantum and Microsoft have formed a coalition to tackle post-quantum cryptography alongside not-for-profit research tank MITRE, U.K.-based cryptography firm PQShield, Google sibling company SandboxAQ, and the University of Waterloo. We’re proud to be a part of a new community of cybersecurity organizations to accelerate adoption of post- quantum cryptography in commercial & open-source technologies. Learn more about the #PQC Coalition. https://t.co/pSrFX1qPPB | #QWC2023 #UWaterloo pic.twitter.com/vXG6CilQVx — University of Waterloo (@UWaterloo) September 26, 2023 Post-quantum cryptography (PQC) addresses the potential threat posed by quantum computers of the future. Current cryptography schemes rely on mathematical problems to stymie decryption attempts. Cracking or bypassing such encryption with a classical computer would be close to impossible. Some experts estimate that it would t...

Chainlink(LINK), a decentralized oracle network, has announced the implementation of its Cross-Chain Interoperability Protocol (CCIP) on Coinbase’s Ethereum layer -2 scaling solution, Base. This development offers Base developers a method to devise cross-chain services and applications, enhancing the capability to transmit messages, handle token transfers, and process other transactions across varied blockchain systems. CCIP’s technology is rooted in Chainlink’s oracle networks. Chainlink Labs, the developer, posits that these networks have successfully safeguarded billions in assets and processed over $8 trillion in on-chain transactions. #Chainlink CCIP is now live on @BuildOnBase mainnet! Discover how CCIP is empowering apps built on Base to scale faster and connect to Web3's rapidly expanding multi-chain ecosystem https://t.co/AbiGprCx1J — Chainlink (@chainlink) September 27, 2023 Johann Eid, Chainlink Labs’ chief business officer, emphasized the combin...

Bill Morgan thinks the SEC would vary its argument on digital assets classification. The SEC will argue that any sale by an issuer of an asset without inherent value is an investment contract. The regulator would uphold that position until there is a developed secondary market. Renowned lawyer and digital assets enthusiast Bill Morgan thinks the Security and Exchange Commission (SEC) would vary its argument on the ongoing issue of digital assets classification. According to Morgan, the SEC will argue a broader issue, that any sale by an issuer of an asset without inherent value is an investment contract. The SEC will argue, a broader issue, that any sale by an issuer of an asset without inherent value (unlike other commodities) is an investment contract at least until there is a developed secondary market & if it can, beyond that time. That impacts issuers and exchanges /3 — bill morgan (@Belisarius2020) September 27, 2023 In a recent post on X...

According to a customer email, Chase Bank is set to stop Crypto -related debit card payments and bank transfers for UK clients next month. As reported by CoinDesk, Chase will become the latest in a long line of UK banks to impose such measures as financial institutions in the country seek an effective way to tackle the rising rates of crypto-related fraud. The new measures will reportedly come into effect on October 16.  In the email, Chase says, “If we think you’re making a payment related to crypto assets, we’ll decline it.” It went on to tell customers that they’re welcome to take their business elsewhere. A spokesperson for Chase said, “ We’ve seen an increase in the number of crypto scams targeting UK consumers , so we have taken the decision to prevent the purchase of crypto assets on a Chase debit card or by transferring money to a crypto site from a Chase account,” (via CoinDesk). Despite the Financial Conduct Authority (FCA) seeking to open ...

GLMR, the native crypto of the Moonbeam protocol, surged over 50% after news broke of its upcoming listing on the South Korean crypto exchange, Upbit. Moonbeam’s native token , GLMR, is experiencing a significant surge, rising by over 50% in the last 24 hours. The surge comes on the heels of a Sep. 25 announcement by Upbit, a South Korean exchange, that will list GLMR on its exchange, with a GLMR/BTC trading pair set to go live later today. The GLMR listing has sent a wave of excitement through the market, highlighting the move’s potential impact. Moonbeam operates within the Polkadot (DOT) ecosystem and aims to offer a user-friendly smart contract platform. GLMR serves multiple functions within the Moonbeam Network, including facilitating transaction fees and staking. You might also like: Crypto accounts for 70% of South Korea’s overseas assets Before the Upbit announcement, GLMR had been languishing under the $0.2 threshold for quite some time. Yet, the to...

With the cryptocurrency community still at the edge of its seat, waiting for the official end of the prolonged legal battle between Ripple and the United States Securities and Exchange Commission (SEC), popular commentators on the case have shared more insights. As it happens, one of them is legal expert Bill Morgan, who recently highlighted the fact that XRP was now the only digital asset with legal clarity in the US – not Bitcoin (BTC) or Ethereum (ETH), as he explained in an X post published on September 24. Specifically, he said: “It is well understood by the XRP community that a speech that the SEC itself disowned as reflecting its official position cannot give Bitcoin and Ethereum the legal clarity of a court decision XRP now enjoys. Good that others are starting to realize that fact.” ‘Speeches are not law’ Cryptocurrency Former SEC attorney slams lack of crypto prosecution for 'mind-boggling' enforcement Cryptocurrency Bi...

Thevamanogari Manivel was sentenced to 18 months of community corrections with six months of unpaid community work while her husband will face a plea trial in October. The Melbourne couple who accidentally received 10.5 million Australian dollars (AUD), or almost $6.6 million, will be facing a plea trial in October for a theft charge after spending the funds that they received by mistake in 2021.  In May 2021, Thevamanogari Manivel transferred funds to her partner Jatinder Singh’s Crypto.com account. However, the exchange detected that the bank account did not match the exchange account. Therefore, a refund was issued, but instead of refunding the 100 AUD that the couple tried to put in, the exchange mistakenly sent 10.5 million AUD to Manivel’s bank account. The mistake was not discovered until December 2021, when the exchange conducted its annual audit. After the exchange filed a lawsuit in the Victoria Supreme Court, the judge ruled that the funds should be given back to the cr...

Arkham Intel identifies Coinbase as the largest known holder of Bitcoin (BTC). Coinbase holds approximately 1 million BTC, worth $25 billion. The analysis suggests that Coinbase holds 5% of the total BTC supply, aking to the holdings of Satoshi Nakamoto. In an astounding turn of events in the ever-evolving crypto space, Arkham Intel, a prominent blockchain intelligence platform, has identified Coinbase as the largest known Bitcoin-holding crypto exchange. In its latest revelation, Arkham, using its proprietary algorithm, discovered approximately 1 million BTC, worth $25 billion, in the company’s portfolio. On September 22, Arkham shared a post on X (formerly Twitter), drawing the attention of their 319.5k followers to the surprising certitude. According to Arkham’s findings, Coinbase holds almost 5% of the total Bitcoins in existence, probably akin to the holdings of the pseudonymous creator of Bitcoin, Satoshi Nakamoto. Arkham has now identified $25B of...

Since its launch in August 2020, Shiba Inu (SHIB) has earned a name for having turned many early investors into millionaires, and in some cases, even billionaires. From its inception to reaching its all-time high of $0.000008616 in October 2021, SHIB saw a rise of about 85,000,000% (85 million percent). This whopping return turned small investments into millions. One such early investor purchased $8000 worth of SHIB in late 2020. When SHIB reached its all-time high on Oct. 21, 2021, the investment ballooned to a whopping $5 billion. Many called this the greatest trade of all time. Also Read: Shiba Inu: If You Invested $100 Upon Launch, Here’s Your Profit Soon after, reports began to emerge that the investor may have lost access to the wallet. However, this was not the case. The investor sold $2.9 billion worth of SHIB a few days after it reached its all-time high. The remaining SHIB was also sold a few days later, and the investor was never heard from again. Source: Devchar...

The Terra Classic (LUNC) community has formally approved a proposal to cease all processes of minting and reminting of USTC.  As the community endeavors to restore the USTC stablecoin’s peg to $1 and revitalize LUNC, the proposal presents an opportunity for institutions like the cryptocurrency exchange Binance to start the process of burning USTC, recognizing that the minting and reminting of USTC has concluded. The proposal 11784 “Stop Minting and Reminting of USTC” has been approved by the community, if Binance agrees to burn USTC, it will help the Terra Luna Classic community repeg USTC to $1. In turn, the price of LUNC has shot up, with the digital asset now leading the top 100 digital assets in the crypto market in gains on September 22. Lunc is up 7.77% on the day, adding as much as $30 million to its market cap in under 24 hours amid the news. Notably, Zilliqa (ZIL) and ApeCoin (APE) rank second and third with 6.19% gains and 2%, respectively, among the top 100 cryp...

A 24-year-old man pleaded guilty on Monday to taking part in a scam that saw a Las Vegas casino employee tricked into handing over more than $1.1 million via a bitcoin ATM and a number of in-person transactions. As reported by 3News, the heist happened on June 17, when a cage supervisor at the Circa Las Vegas Casino received a call from somebody claiming to be the casino’s owner. Cage supervisors deal with financial transactions between the casino and its customers, typically from behind reinforced bars. The caller asked that an “emergency payment to the fire department for fire safety devices” was needed, adding that if the supervisor failed to deliver, casino operations would shut down resulting in millions of dollars in lost revenue. The supervisor, who believed they were texting their manager, was then told to deposit $320,000 into a bitcoin ATM near a gas station . She agreed and when she hit the maximum deposit limit, she traveled to meet a man posing as Ci...