Rothschild Investment Adds to Grayscale Bitcoin Holdings

news Budweiser’s parent company, Anheuser-Busch InBev, is doubling down on its interest in using blockchain tech to assist unbanked workers. Through its ZX Ventures arm, the brewing giant – which also owns the Stella Artois, Corona and Beck’s brands, among many others – has invested an undisclosed amount in a Series A fundraising for blockchain-as-a-service (BaaS)…

On Friday, 117,000 BTC options contracts and 1.1 million ETH options contracts will expire on Deribit.Max pain levels for BTC and ETH are $26,500 and $1,650, respectively.Traders expect prices to remain stable ahead of the expiry.On Friday at 08:00 UTC, a total of 1.217 million bitcoin (BTC) and ether (ETH) options contracts with a notional

Aug 17, 2020 at 12:02 UTCUpdated Aug 17, 2020 at 12:07 UTCBitcoin remains in consolidation below a critical resistance despite hash rate reaching record highs over the weekend.  Data from Glassnode shows the seven-day average for bitcoin’s hash rate – the computing power dedicated to mining blocks – rose to a record high of 129.03…

Many crypto wallets pocketed over $1.3 million over the weekend after picking up an ample supply of the Ethereum version of meme coin dogwifhat (WIF).As such, the Ethereum version of dogwifhat isn’t connected to Solana-based WIF, which launched in late November and reached a market capitalization of over $350 million.Over 12 wallets, termed “insiders” by

Jun 22, 2020 at 11:51 UTCUpdated Jun 22, 2020 at 12:08 UTCIR Stone / Shutterstock.comThe Financial Conduct Authority (FCA) has told crypto businesses it will need half a year to fully process applications before the hard deadline in January. The chief financial regulator announced Monday that any company carrying out “cryptoasset activity in the U.K.”…

The Volatility Shares 2x Ether Strategy ETF (ETHU) will become the first leveraged ether (ETH) ETF available in the United States, with the company posting on its website that trading will begin on June 4..The launch will come roughly one year after the Volatility Shares 2x Bitcoin fund opened for business in June 2023. The

Dec 11, 2020 at 8:40 a.m. UTCUpdated Dec 11, 2020 at 8:43 a.m. UTC(Lester Balajadia/Shutterstock)$76M Ether Fund Makes ‘World First’ IPO on Canadian Stock ExchangeAn Ethereum-based fund has completed its initial public offering (IPO) on the Toronto Stock Exchange (TSX).According to a press release on Thursday, Canadian investment fund manager 3iQ announced the sale of…

Ethereum Is Manhattan and Everyone Is Moving to the SuburbsFew predicted the swift acceleration in the decentralized finance (DeFi) economy this year. The fervent activity in the space has sent DeFi assets skyrocketing to almost $11 billion – equivalent to almost twice the size of the economy of Barbados. Similarly, assets under management held by…

There is an old saying on Wall Street: buy the rumor, sell the news. The adage is based on the belief that market participants, being forward-looking, tend to buy an asset when expecting positive information and take profit, driving the market lower on confirmation of the news.Bitcoin has rallied over 40% this month on expectations…