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Bitwise Bitcoin ETF (BITB): 0.20% Management Fee, Pledges 10% Profits for Bitcoin Development

Bitwise Bitcoin ETF (BITB): 0.20% Management Fee, Pledges 10% Profits for Bitcoin Development

Bitwise Bitcoin ETF (BITB) is a low-cost, regulated ETF for U.S. investors, offering a traditional route to investing in bitcoin. With a 0% management fee for the first six months, BITB could pave the way for more cryptocurrency-based investment products.

Philippine Crypto Exchange Raised $50M from Series B Round, Led by Tiger Global

Philippine Crypto Exchange Raised $50M from Series B Round, Led by Tiger Global

Philippine Cryptocurrency Exchange (PDAX) has raised $50 million from a Series B round, led by Tiger Global management.

USDC Issuer Circle Secures $400M Funding from Fidelity and BlackRock

USDC Issuer Circle Secures $400M Funding from Fidelity and BlackRock

Circle, the company behind USD Coin (USDC), has bagged funding worth $400 million from different players, including Fidelity Management, BlackRock Inc, and Research LLC, signalling traditional finance interest in the crypto space.

JPMorgan Chase Expands Crypto Trading Services to All Clients

JPMorgan Chase Expands Crypto Trading Services to All Clients

JPMorgan chase bank has become the latest major bank in the US to offer all wealth management clients access to crypto funds.

Coinbase Appoints Marc Andreessen in Management Reshuffle Ahead of Potential IPO

Coinbase Appoints Marc Andreessen in Management Reshuffle Ahead of Potential IPO

Coinbase has made a board reshuffle that sees the additions of Silicon Valley mogul Gokul Rajaram and ventures capitalist Marc Andreessen. The reshuffle comes amid rumor of a potential Coinbase IPO.

Mongolia’s Oldest Bank Will Soon Offer Comprehensive Crypto Services

Mongolia’s Oldest Bank Will Soon Offer Comprehensive Crypto Services

Mongolia’s Trade & Development Bank (TDB Bank), one of the oldest and largest banks in the nation, has announced plans to enter the crypto space.

Blockchain Identity Management Market to Hit $17.81B by 2030

Blockchain Identity Management Market to Hit $17.81B by 2030

The urge for digitization is expected to push the blockchain identity management market to $17.81 billion by 2030, according to a report by Market Research Future (MRFR).

Blockchain Technology Powers Brazil's National Identity Card Issuance

Blockchain Technology Powers Brazil's National Identity Card Issuance

Brazil has commenced the use of blockchain technology for issuing the National Identity Card (CIN) to enhance security and data integrity in the new identity issuance process. The initial phase begins in three states with a nationwide deadline set for November 6, 2023. This move is part of Brazil's broader initiative towards leveraging blockchain for public service improvement, aligning with global trends of digital identity verification.

Decentraland's Virtual Land Sells for a Record Value of $2.4m in Mana tokens

Decentraland's Virtual Land Sells for a Record Value of $2.4m in Mana tokens

A piece of virtual real estate in Decentraland was sold for a record value of $2.4 million in cryptocurrency, according to Reuters.

Bitcoin ETF Approval Expected to Propel Market Influx

Bitcoin ETF Approval Expected to Propel Market Influx

The fervor surrounding a US-regulated spot Bitcoin ETF is palpable, with its approval expected to significantly bolster Bitcoin's market adoption. Addressing the current inefficiencies in Bitcoin investment, a spot ETF promises cost efficiency, enhanced liquidity, ease of access, and regulatory compliance. The formal recognition by regulators and established financial brands could further fuel Bitcoin's market acceptance. The estimations indicate a substantial market influx post ETF approval, not just within the US but potentially extending to global markets, laying the groundwork for a robust 2024 for Bitcoin, as per the analysis by Charles Yu of Galaxy.

HashKey Launches Wealth Management Platform for Institutional Investors

HashKey Launches Wealth Management Platform for Institutional Investors

HashKey Group has launched a wealth management platform for professional and institutional investors in response to growing demand for virtual assets. The Hong Kong-based digital asset firm is expanding its over-the-counter trading service and increasing its liquidity coverage to 24/7.

Vitalik Buterin's Insightful Financial Advice for a Prudent Portfolio

Vitalik Buterin's Insightful Financial Advice for a Prudent Portfolio

Ethereum co-founder Vitalik Buterin advises on prudent financial strategies, emphasizing diversification, savings for financial safety, a conservative portfolio, and caution against over-leveraging, blending traditional and modern investment insights.

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