Subscribe to Updates
Get the latest creative news from FooBar about art, design and business.
Author: James Wilson
Bitwise has rolled out a new Bitcoin Standard Corporations ETF that gives investors a way to bet on companies stacking at least 1,000 BTC. Bitwise, the world’s largest crypto index fund manager with $12 billion in client assets, is launching a new exchange-traded fund on the New York Stock Exchange that includes public companies holding at least 1,000 Bitcoin (BTC) in their corporate treasuries. In a March 11 press release, Bitwise said that the so-called Bitwise Bitcoin Standard Corporations ETF will include 10 holdings at launch, featuring major companies such as MicroStrategy, MARA Holdings, and CleanSpark. Other names in the…
Senator Cynthia Lummis announced the reintroduction of the Bitcoin Act at a Bitcoin-focused conference hosted by the Bitcoin Policy Institute. The bill, co-sponsored by West Virginia Republican Senator Jim Justice, proposes that the U.S. government acquire 1 million Bitcoin (BTC) as part of its national reserve. Lummis previously introduced the legislation in July 2024, but it failed to advance due to limited bipartisan support. With the new congressional session underway, she seeks to revive the effort. Lummis had previously teased this announcement. She revealed that she would be a co-host at the Bitcoin for America event, which was scheduled for…
The Chicago Board Options Exchange has filed a proposal with the U.S. Securities and Exchange Commission to permit staking for the Fidelity Ethereum Fund. This initiative aims to enable the fund to stake its Ethereum (ETH) holdings, potentially enhancing returns for investors. Staking involves committing crypto holdings to support the operations of a blockchain network. In Ethereum’s proof-of-stake system, validators are selected based on the number of tokens they stake, which helps secure the network and process transactions. Participants earn rewards, typically in the form of additional tokens, for their contribution. Ethereum’s price reacted positively to the news, with a…
Cathie Wood’s Ark Invest added more Coinbase shares as the entire crypto-related market continued its downturn. Ark Invest acquired 64,358 shares of Coinbase for a total of $13,994,646, according to Investing.com. Ark has been steadily increasing its Coinbase holdings, investing a total of $28.2 million over the past three weeks. The firm’s flagship ARKK fund now holds Coinbase as its third-largest asset, while ARKF ranks it as its second-largest. In February, ARK Invest purchased 41,032 shares of Coinbase worth $9.3 million as tech stocks and Bitcoin (BTC) declined. The move came two months after the firm sold $4.3 million in…
U.S.-based cryptocurrency exchange Coinbase has registered with India’s financial regulator to offer crypto trading services in the country. Coinbase is preparing to re-enter the Indian market after securing regulatory approval from the country’s Financial Intelligence Unit. In a March 11 blog post, the exchange said the approval allows it to offer crypto trading services in India, with plans to launch initial retail services later this year, followed by “additional investment and products in India thereafter.” “India represents one of the most exciting market opportunities in the world today, and we’re proud to deepen our investment here in full compliance with…
XRP could fall to $1 if Bitcoin keeps dropping; experts say Lightchain AI is a safer bet
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. XRP may drop to $1 if Bitcoin declines, but experts see Lightchain AI as a safer bet after raising $17.1m in presale. XRP could fall to $1 if Bitcoin continues its downward trend, leaving many investors cautious. However, experts believe Lightchain AI is a safer bet for the future. Having already raised over $17.1 million at a presale price of $0.006, Lightchain AI offers a unique value proposition with its integration of AI and blockchain technology. With market fluctuations,…
A new prediction market platform Truemarkets has finally launched after raising over $4 million through its public Oracle Patron NFT sale in Nov. 2024, with Buterin minting 400 NFTs. Truemarkets (TRUE), the decentralized prediction market platform built on the Base Layer 2 blockchain has officially launched. Similar to Polymarket, Truemarkets aggregates breaking headlines across different topics (politics, pop culture, etc.) in real-time, bringing real-world data to the on-chain ecosystem. Like Polymarket, it also allows users to bet on the outcomes of events, reflecting the current public sentiment. Additionally, Truemarkets encourages participation by offering rewards for accurate predictions. Specifically, Truemarkets creates…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Cardano and BNB focus on network upgrades, BitLemons is stealing the spotlight with its unique model. Investors are looking for projects with real-world value, and BitLemons (BLEM) is checking all the right boxes. Meanwhile, Cardano (ADA) and Binance Coin (BNB) are placing their bets on upcoming network improvements to regain momentum. BitLemons isn’t just promising future gains. It’s delivering real revenue and continuous ecosystem expansion. With new partnerships rumored and fresh content rolling out, is it time for…
The long-awaited White House Crypto Summit left a bittersweet impression, puzzling some as it turned out to be anything but crypto. On Friday, March 7, the White House hosted its first-ever Crypto Summit, where U.S. President Donald Trump met face-to-face with top industry executives to discuss the future of crypto and blockchain in the United States. Hosted by Trump’s crypto czar and venture capitalist David Sacks, the event was expected to signal a major shift in the federal government’s stance on cryptocurrency. In reality, however, it seemed to be more of a mix of promoting a FIFA token, praising Trump’s…
Stock market crash weighs on crypto with continuing sell-offs and slowed stable coin inflows
Crypto market is bleeding because of a wider selloff in tech stocks, fueled by concerns about potential trade wars and a possible economic downturn in the US. On Monday, Bitcoin (BTC) price fell by 4% to $80,000 while Ethereum (ETH) price fell by as much as 6% to $1,756, a level not seen since Oct. 2023, though both assets have since recovered some of these losses. At press time, BTC is back at $81,600, while ETH climbed to $1920, though both are down by 1% and 8% from yesterday, respectively. The declines in crypto prices were triggered by a broader…