ProShares Pitches Leveraged, Short ETFs to Curb Bitcoin Price Volatility

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 […]

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 […]