Sun, October 19

Quantity Funds Launches Innovative US-based Bitcoin and Gold ETF

The US-based Bitcoin and Gold Exchange-Traded Fund (ETF) is the latest offering by Quantity Funds, giving investors access to two distinct asset classes via one investment vehicle. Market gurus, such as Peter Schiff, are debating which of these assets is more valuable to investors, and this new information emerges at

October 17, 2024 2 mins read

Hermetica Completes $1.7M Seed Round to Boost Bitcoin DeFi with USDh

Hermetica, the company behind USDh, the first yield-bearing synthetic dollar backed by Bitcoin, is excited to announce that its $1.7 million seed funding round has closed successfully. Key Backers In addition to strategic angels like Tycho Onnasch (founder and CEO of Zest Protocol), Robin Obermaier (founder and CEO of Liquidium), Mithil Thakore

October 16, 2024 2 mins read

Italy Plans to Raise Bitcoin Capital Gains Tax from 26% to 42%

As countries all over the world are mulling over imposing stringent digital currency regulations, Italy has decided to increase its capital gains tax on Bitcoin (BTC) from 26% to 42%. Vice Economy Minister Maurizio Leo announced this change during a press conference discussing the country’s budget for 2025.  This announcement

October 16, 2024 2 mins read

Metaplanet Rolls Up Bitcoin Put Options Netting 5.90 BTC in Profit

Japanese investment firm Metaplanet has increased its Bitcoin put options, adjusting the strike price to $66K from $62K. The maturity date is set for December 27, 2024. Simon Gerovich, CEO of Metaplanet, announced that this move is expected to boost Metaplanet’s option sale yield and generate an additional premium income

October 16, 2024 2 mins read

Trump Leads Harris in Betting Odds for 2024 Presidential Election

Former U.S. President Donald Trump has surged ahead in betting odds for the upcoming presidential election, holding a 16% lead over Democratic candidate Kamala Harris on the decentralized prediction market platform, Polymarket. As of Tuesday night, Trump’s odds of winning stood at 57.9%, while Harris’ chances were at 41.8%. This

October 16, 2024 2 mins read

Will These Triggers Propel Bitcoin into an Uptober Rally?

Bitcoin’s (BTC) substantial surge above $67K has made bullish anticipations within the crypto market. BTC broke through the crucial resistance level to begin trading at the current mark. The largest asset has experienced a modest 2.59% increase over the past 24 hours.  Besides, analysts mentioned the recent Bitcoin rally to

October 16, 2024 2 mins read

Grayscale and Canary Capital Spark New Crypto ETF Wave

The race to bring more cryptocurrency-based exchange-traded funds (ETFs) to the U.S. market continues to heat up as Grayscale Investments and Canary Capital make bold moves. Grayscale, the world’s largest crypto asset manager, has filed to convert its Digital Large Cap Fund, which includes Bitcoin, Ethereum, Solana, XRP, and Avalanche,

October 16, 2024 2 mins read

Has Bitcoin Bull Run Begun as Price Surpasses Key Resistance at $65K?

Bitcoin price action is the day’s breakfast convo for crypto community members. The cryptocurrency has begun to recover to its previous price levels at the $60K range. Meanwhile, the web3 community is also awaiting several token unlocks this week, including the WLFi token from Trump’s DeFi project.  When reverting attention

October 15, 2024 2 mins read

Crypto Options Market Surges with Over $1.2B in Block Trades

The cryptocurrency options market witnessed a significant uptick in activity following a sustained rally, with over $1.2 billion worth of trades executed within 24 hours. Bitcoin puts dominated the market, representing $530 million in trades, nearly a quarter of the total volume. Among the most notable transactions was a deep-deflated

October 15, 2024 2 mins read

Metaplanet Shares Surge 16% After Major Bitcoin Acquisition

Shares in Japanese investment firm Metaplanet soared 15.7% on October 15, following the company’s announcement of its latest Bitcoin purchase. The firm confirmed it had acquired nearly 107 Bitcoin in a strategic move to diversify its investment portfolio, marking its continued interest in the digital asset space. Metaplanet’s decision to

October 15, 2024 2 mins read
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