Author: NBTC

The U.S. Securities and Exchange Commission (SEC) has just granted approval for the listing and trading of options on BlackRock’s spot Bitcoin ETF, the iShares Bitcoin Trust (IBIT). BREAKING: 🇺🇸 SEC approves options for BlackRock’s spot #Bitcoin ETF. pic.twitter.com/g7R8rSLRI1 — Bitcoin Magazine (@BitcoinMagazine) September 20, 2024 The approved options on the iShares Bitcoin Trust will be physically settled, meaning that when the option is exercised, Bitcoin will be delivered to fulfill the contract. These American-style options can be exercised at any time before the expiration date, providing flexibility for traders. According to the SEC, the listing will follow the same…

An Ethereum whale, who initially received 150,000 ETH through the project’s Initial Coin Offering (ICO), has again started dumping coins. According to crypto analyst EmberCN, the whale moved another 5,000 ETH to Kraken. The movement was worth around $12.22 million and happened a few hours ago. Ethereum ICO whale on a selling spree This transfer comes as a follow-up of a substantial selling spree by the whale over the past two weeks. During this period, the investor sold 45,000 ETH. This was worth about $113.2 million at an average price of $2,516 per ETH. EmberCN shared the whale’s selling history,…

Today, enjoy the Lightspeed newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox. Subscribe to the Lightspeed newsletter. Never ask a man his salary, a woman her age, or a crypto VC about their 2022 Solana investments. A pair of research notes published a year apart by the crypto venture shop Lattice gives insight into how the year SOL cratered to $9 specifically affected Solana-based startups. Lattice published a 2021 seed round retrospective in 2023, and a 2022 retrospective recently in 2024. 26%, or more than a quarter, of 2022 Solana seed startups have already failed, and…

While Bitcoin and altcoins have been falling sharply amid tensions between Iran and Israel, the XRP market has been revived by Bitwise Asset Management’s Delaware filing. While this move by Bitwise is seen as the first step for the XRP ETF, if approved, this will be the first XRP ETF for the US market. While investors are excited about a possible XRP ETF, they are also trying to predict how such approval could affect the XRP price in the future. At this point, experts state that the XRP price will be greatly affected after the approval of the XRP ETF,…

France’s Financial Markets Authority (AMF) has expanded its blacklist of unauthorized cryptocurrency service providers, adding 25 new websites to its watchlist since June 11. The move comes as part of the regulator’s ongoing efforts to protect investors from potentially fraudulent digital asset schemes. The AMF, which oversees France’s financial markets, regularly updates its list of websites illegally offering digital asset services and fundraising through initial coin offerings (ICOs) in the country. The latest additions bring the total number of blacklisted crypto-related sites to over 100. Among the newly identified unauthorized platforms are: amzingnewdl.top, ascendex.com, bitcoineprex.ai, bitsacard.com, btceprex360.com, cryptoinnovatebot.net, cryptotrader.app, fin-maga.com,…

VanEck said interest in Bitcoin (BTC) is significantly higher than 12 months ago as institutions and nations continue to push for adoption. According to a Sept. 19 report, the key reasons behind this surge in interest include growing institutional adoption through exchange-traded products (ETPs) and sovereign involvement in mining and global transactions. Additionally, the report highlighted that Bitcoin’s correlation with the NASDAQ and equities has varied, but its inverse correlation with the US dollar remains consistent. It suggested that Bitcoin might soon break out of its current pattern, with potential catalysts including the upcoming debt ceiling deadline and the US…

Ethereum will see a 50% speed increase and improved DEX efficiency if new proposal is approved. EIP-7781 is already getting support from key members within the Ethereum community. Ethereum has maintained consolidating below the $2,500 level after posting a Doji candle. Ethereum (ETH) is up slightly by 0.1% on Monday following the appearance of a Doji candle, indicating a potential reversal in price trend. The potential price change follows a new Ethereum Improvement Proposal (EIP) EIP-7781, which aims to reduce slot time and boost the network’s speed by roughly 50%. Ethereum’s new proposal to boost throughput and DEX efficiency The…

Cardano founder Charles Hoskinson jumped into a Twitter debate about the merits of Cardano’s ADA versus Solana’s SOL. The discussion, sparked by Altcoin Daily, drew a range of responses from crypto investors and traders, with many highlighting the strengths of each altcoin. Solana or Cardano? 📈$ADA or $SOL?If you HAD to choose. 🤔 pic.twitter.com/RPOLrOmvR4 — Altcoin Daily (@AltcoinDailyio) September 30, 2024 While some users expressed their loyalty to ADA, others argued that SOL’s recent surge in development activity and growing ecosystem make it a more attractive investment. This difference of sorts in each altcoin kind of highlights the variedness of…

India has yet to release a discussion paper on crypto, which was expected to be published by September. Other matters, like this month’s World Bank meetings, have taken priority over stakeholder consultations, which are crucial to framing India’s crypto policy stance. India has yet to publish a discussion paper outlining its policy stance on cryptocurrencies because officials are concentrating on other priorities, according to two people familiar with the decision. The document was initially expected by September following consultations with stakeholders including the central bank and the markets regulator. The intention to publish remains, but there is no timeline, said…

Coinbase-incubated Ethereum Layer-2 network Base has seen activity on the network increase significantly over the last few months despite the general decline in adoption for other Ethereum L2 networks, including leaders such as Arbitrum and Optimism. According to on-chain data, the combined transaction per second (TPS) for all Ethereum Layer-2 and Layer-3 networks was an average of 254.5 TPS over the 24 hours of October 6. This throughput represents a 73% decline from the all-time high of 440.4 TPS on August 20 and highlights how the Ethereum scaling solutions have been struggling to gain traction in recent months. For L2s…