According to Bloomberg, Ark Invest is participating in the race between institutions, applying for cryptocurrency ETFs. ARK Invest has filed an “ARK 21Shares Bitcoin Futures Strategy ETF”, an ETF that will invest in Bitcoin futures rather than the cryptocurrency itself.
Deputy of the Bank of England Warns About Crypto
Jon Cunliffe, Deputy Governor of the Bank of England, stated that a collapse in the cryptocurrency market is absolutely “reasonable” and that regulators worldwide should comply with crypto rules “as a matter of urgency.” Although cryptocurrencies do not currently pose a threat to the country's financial stability, the deputy governor says that he has “excellent reasons” to think that this may not be the case for much longer.
Stellar Outperforms Bitcoin
In October, in addition to the MoneyGram partnership, SDF has published a technical report describing how Stellar is designed to facilitate the distribution of Central Bank Digital Currency (CBDC). Stellar Development Foundation (SDF) noted that the network has unique features to support these assets and discussed how a central bank could implement it in Stellar.
He Helps Creators, Small Businesses to Learn About NFTs and Crypto
Visa and NFT artist Micah Johnson has launched an initiative to help digital content creators learn to use NFTs and cryptocurrency. The firm had also purchased a CryptoPunks NFT avatar for more than $150,000 ETH in August.
Polkadot Community Approves Parachain Auctions
An offer for Polkadot's first parachain auctions was approved by its community today. These parachains are said to be the "last piece of the core functionality" needed for Polkadot to achieve its multi-chain interoperability goal.
More And More People Purchased Ethereum, On-Chain Metric Trend Confirms
Ethereum, one of the largest decentralized blockchain networks in the world, attracts smaller and medium-sized retail investors, according to on-chain data. Datas from Glassnode analytics reveal that the number of Ethereum addresses holding more than 32 ETH has reached a 5-month high of 109,188, during a buildup period that peaked about a week ago.
Geographical Distribution Data Shows That After Collapse of China, US Now Leads Bitcoin Mining Position
After China has ruled as the world's dominant Bitcoin mining epicenter for several years in a row, the United States has "taken a leading position in bitcoin mining," according to new data from Cambridge University.
Crypto Money Will Generate More Wealth From Internet, Says Morgan Creek Capital CEO
Morgan Creek Capital CEO Mark Yusko said in an exclusive interview with Cointelegraph that by laying the foundation for the Internet of Value, the cryptocurrency and blockchain would generate more wealth than Web 1.0 and Web 2.0.
BlackRock CEO Sees "Great Opportunities" in Digital Currency
The largest asset manager, BlackRock CEO, said that although he sees "great opportunities" for digital currency, he is not sure how the cryptocurrency field will move forward in the long term.
Canada's Largest Bitcoin ETF Investment Fund Opens to Investors
Purpose Investments, which has more than $12 billion under its management, announced the launch of mutual fund units on Wednesday for the world's first ETF backed and settled by Bitcoin.
We support the Turkish sports and our sportspeople via our sponsorships agreements with 1907 Fenerbahçe Wheelchair Basketball Team, Cem Bölükbaşı, Erden Eruç, and Turkish Automobile Sports Federation! In this very rewarding and helpful journey of ours, we will continue to enrich and strengthen the Turkish sports thanks to the new steps we take in reaching brand new sponsorship agreements.