Coinspeaker ProShares Pitches Leveraged, Short ETFs to Curb Bitcoin Price Volatility Earlier this week on Tuesday, April 2, ProShares launched its Ultra Bitcoin ETF (ticker BITU) that will track 2x the daily performance of Bitcoin through the Bloomberg Bitcoin Index. The other product it launched is the ProShares UltraShort Bitcoin ETF (SBIT), which tracks exactly […]
Bitcoin Faces Volatile Swings in Asia amid Automated Trading Fallout from US ETF Flows
Coinspeaker Bitcoin Faces Volatile Swings in Asia amid Automated Trading Fallout from US ETF Flows Bitcoin traders across Asia experienced heightened price swings, potentially due to algorithmic trading bots responding to data on cryptocurrency ETFs listed in the US, according to Bloomberg. The crux of the issue lies in timing differences. Figures showing investor demand […]
Adam Back Says US Government Selling Bitcoin Is Good for HODLers
Coinspeaker Adam Back Says US Government Selling Bitcoin Is Good for HODLers Bitcoin (BTC) has recently become the topic of controversy, with reports that the US government has begun the process of selling 30,000 BTC seized from Silk Road. In a post on X, Adam Back, co-founder and CEO of Blockstream stated that such sales […]
Paradigm Targets Record-Breaking $850M Raise for New Crypto Fund
Paradigm is in talks to secure up to $850 million for a new fund, potentially marking the largest crypto-focused fundraise since May 2022. (Read More)
Binance Adds EPX, FOR, UNFI, WAVES & WNXM to Monitoring Tag List
Binance expands Monitoring Tag to include five more tokens, EPX, FOR, UNFI, WAVES, and WNXM, requiring traders to pass a quiz and accept Terms of Use. (Read More)
Agora Raises $12M In Seed Funding Round Led By Dragonfly
Emerging stablecoin issuer Agora has raised $12 million in a seed funding round led by Dragonfly to launch their upcoming stablecoin. The funding marks a significant step for Agora as it prepares to launch its USD-pegged stablecoin, the AUSD, and gain a foothold in the highly competitive stablecoin market. Dragonfly Spearheads Funding Round Agora, co-founded […]
TITAN: The first AI game with NIM Network’s economic framework for AI agents
NIM Network, a gaming and deep-tech cryptography service of Dymension Network, announced the introduction of the first-of-its-kind AI gaming experience named TITANS on March 2nd. With the launch of TITANS, NIM aims to create a more immersive and engaging gaming experience in the Web3 space. Know-Hows: NIM Network envisions creating a system where AI engineers […]
Crypto market correction: Panic or Opportunity?
Liquidation is above $400 million as Bitcoin loses its charm. It has been termed a price correction, with a hint that it was expected to happen ahead of Halving. BTC and ETH are down significantly from their recent ATH, sending signals that bears are running open and could walk for a few more miles. More […]
Cardano (ADA) and Cosmos (ATOM) investors cuddle up to new meme coin Koala Coin (KLC)
Cryptocurrency continues to challenge traditional finance and the latest buzz comes from Koala Coin. With its presale now in stage one at just $0.014, investors from giants like Cardano (ADA) and Cosmos (ATOM) are flocking towards Koala Coin (KLC), eager to not miss out on what could be the meme coin of the year. Unique […]
Is Litecoin (LTC) Becoming Crypto Pack Leader?
Unexpected comeback of Litecoin on market