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Why investors are not entirely sold on investing in a Bitcoin futures ETF

With two Bitcoin futures ETFs set to make market debut, let’s dive deep into the cost associated with owning these contracts. ProShares Bitcoin futures ETF is reportedly set to go live on 18 October, likely followed by Invesco’s ETF on the next day on 19 October.  We know that there are additional costs associated with an ETF. Apart from a brokerage commission, analysts are anticipating a higher expense ratio with these traded funds. As the filing by ProShares marks an annual operating expense of 0.95%, an investor will essentially spend

Powers On… Don’t worry, Bitcoin’s adoption will not be stopped

In a series of  recent interviews and speeches, United States Securities and Exchange Commission Chairman Gary Gensler has called the cryptocurrencies market the “Wild West” due to its unregulated and allegedly fraud-filled atmosphere, predicting that the coins were doomed to fail. Powers On… is a monthly opinion column from Marc Powers, who spent much of his 40-year legal career working with complex securities-related cases in the United States after a stint with the SEC. He is now an adjunct professor at Florida International University College of Law, where he teaches

El Salvador Powers Crypto Mining with Volcano Power

The President of El Salvador, Nayib Bukele, posted a video of the groundbreaking of a crypto mining project via power from a local volcano.Sponsored Sponsored According to a Tweet from President Bukele, the nation started an ambitious project which utilizes renewable energy to power massive Bitcoin mines. The post reads “First steps…” and shows an aerial view of a massive power plant at the foot of a volcano. Moreover, the video reveals shipping containers which house massive crypto mining rigs. An operator begins to plug in the machines as the

Fake News Moves Market | This Week in Crypto – Sep 20, 2021

 Fake Walmart news crashes the crypto market, Revolut pays for office space in Bitcoin and a statue for Satoshi. These stories and more this week in crypto. A press release claimed early this week that Walmart had partnered with popular altcoin Litecoin. The news was widely celebrated by crypto fans, and the price of Litecoin along with the rest of the crypto market surged heavily in minutes. However, within an hour, both Walmart and the Litecoin Foundation denied any relationship, that news quickly crashing the market. The cryptocurrency-infused financial

A Courageous Child Stood up for Girls’ Education and Is Changing the World Malala Yousafzai’s Heroic Story Comes to Life at The Children’s Museum of Indianapolis

Malala talk to families about the power of education I hope people come here and see this exhibit and see how one family, with great values of equality, justice, love, respect and empathy can change their lives at home and can also change their communities and their countries as well. - Ziauddin Yousafzai/Malala's Father INDIANAPOLIS (PRWEB) September 19, 2021 The youngest Nobel Peace Prize recipient dared to stand up to the Taliban in a fight for education and equal rights and now serves as inspiration to others in The Power

Sotheby’s To Auction 202 Bored Ape NFTs This Week

Auction house Sotheby’s will sell over 200 NFTs related to BAYC and BAKC on September 2, marking yet another big non-fungible token (NFT) sale for the art broker.Sponsored Sponsored British-founded auction house Sotheby’s is set to auction 202 NFTs of the Bored Ape series — BAYC and BAKC. The NFTs will be open for purchase from September 2 at 10:00 EDT. The auction will last a week and end on September 9. The NFTs were developed by Yuga Labs. The owners of the NFTs can offer serums to the apes

Chicago Blackhawks Unveil Debut NFT Collection

The Chicago Blackhawks of the National Hockey League (NHL) have announced the launch of the team’s first non-fungible token (NFT) collection. Sponsored Sponsored Professional hockey team, the Chicago Blackhawks, have announced the team’s first official NFT collection is now available. The team is making officially licensed ERC-721 NFTs with some being sold at a fixed price and others being auctioned off to the highest bidder. The collection is available on the Sweet platform using the Amazon Web Services Content Delivery Network (CDN) to host the digital collectibles publicly. Sweet allows brands

Visa invests $150,000 in NFT CryptoPunk Asset

Credit card giant Visa has made a substantial splash on its emergence into the nonfungible token (NFT) space with a $150,000 acquisition of a CryptoPunk, the collective of digital artworks that pioneered the mainstream culture of the space back in 2017.In a blog post announcement released on Monday, Cuy Sheffield, head of crypto at Visa and self-proclaimed NFT enthusiast, shared his views on the value of purchasing NFT assets in the digital economy, the vast growth of the market in the past few years, as well as Visa’s commercial incentives in this

Haute Residence and Aeris House Continue Their Real Estate Partnership Into Second Year

Aeris House We continually challenge ourselves to look beyond the sale or purchase of a home, doing more to improve the impact of a simple transaction. GILBERT, Ariz. (PRWEB) August 22, 2021 Meet Julie Beavers and Rainie Collins of Aeris House, impacting the world for good through Social Aware For Change®. Julie Beavers Julie joined Aeris House Properties with extensive knowledge and love of the valley from her lifetime experiences as a multigenerational Arizona native. She has fond memories of her father's real estate signs throughout the East Valley, which

Countries That Might Soon Allow Crypto Betting

Aug 21, 2021 at 09:54 // News In some countries, bitcoin is seen as a legal payment platform, whilst in others, there are regulations pertaining to how betting with cryptocurrency operates. Some other countries have chosen to be quiet on the issue and have not made any attempt in allowing or not allowing it. In countries where Bitcoin is not considered legal, you cannot fund your gambling wallet with cryptocurrency. Only very few countries have come out in the open to address cryptocurrency gambling. Some of the countries that have

Former SEC Chairman Says Crypto Fits Existing Legal Framework

According to a recent email exchange, ex-SEC Chairman Jay Clayton sees the existing U.S. regulations as a good model for crypto rules. Sponsored Sponsored Jay Clayton spent a few years as the chairman for the U.S. Securities and Exchange Commission, which Gary Gensler now heads. In light of the recent bipartisan bill passed by the Senate, crypto regulations are the industry’s hot topic.  If the wording in the bill is left as-is after its hearing in the House, this could mean a major disruption to the crypto space. When asked about