[ad_1] Asset management giant BlackRock has extended its Ethereum ETF to Brazil. As of August 28, Brazilian investors can now trade the iShares Ethereum Trust (ETHA) via a Brazilian Depositary Receipt (BDR) on the B3 stock exchange under the ticker ETHA39, local media publication InfoMoney reported. Ethereum ETF in Brazil This move followed BlackRock’s earlier success with its Bitcoin ETF in the region. The introduction of ETHA39 reportedly marks a significant milestone for Brazilian investors seeking exposure to Ethereum, the second-largest cryptocurrency by market capitalization. The ETF, which originally launched in the United States in June 2024, is now available…
Author: dfrancis36
[ad_1] Lightspark, a leading Bitcoin Lightning Network payments company, has announced the launch of Lightspark Extend, its new solution that allows businesses to facilitate instant Lightning payments to eligible account holders in the United States.🚀 NOW LIVE: Lightspark Extend connects Lightning to eligible US account holders in real-time. With Lightspark Extend, seamlessly send UMA-powered payments to eligible US recipients instantly and at a low cost. Learn more here: https://t.co/B2O0or8e9k pic.twitter.com/F85VraLknl— Lightspark (@lightspark) August 28, 2024 Lightspark Extend integrates with Universal Money Addresses (UMA) and Lightning-enabled wallets, exchanges, or bank accounts, providing a compliant and cost-effective solution for 24/7 payments. Compatible…
[ad_1] The president of Ava Labs, the team behind layer-1 blockchain Avalanche (AVAX), says that he’s optimistic about Ethereum (ETH)-based exchange-traded funds (ETFs). In a new interview with Bloomberg Television, Ava Labs president John Wu says that over time, Ethereum ETFs will find success due to the competitive nature of the decentralized finance (DeFi) sector. “I don’t think anyone anticipated [the] Ethereum ETF to be as successful as the Bitcoin ETF was, but in reality, Bitcoin really has just one competitor – that’s gold. Ethereum is about utility and creating use cases. They actually have many, many competitors, from Avalanche…
[ad_1] My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for anything else in this world. I was exposed to…
[ad_1] This article is featured in Bitcoin Magazine’s “The Halving Issue”. Click here to get your copy.If, in 2021, the identity of Satoshi Nakamoto remains a mystery, so too does the two-year period from 2008 to 2010 when Bitcoin’s creator served as the project’s principal developer and leader. Yet, far from a lifeless period of project development, during those years Nakamoto worked with dozens if not hundreds of Bitcoin users, all of whom contributed to the effort in different ways, establishing websites, engaging in commerce and evangelizing for his invention. Still, some users naturally emerged as more distinguished contributors. Whether…
[ad_1] Dogecoin (DOGE), once celebrated for its meteoric rise and community-driven success, is currently experiencing a significant price dip. This downturn has led to intense speculation about whether it signifies a mere market correction or hints at a deeper, long-term trend. Market corrections are common in the volatile crypto landscape, often driven by shifting investor sentiment or external economic factors. Understanding these dynamics is crucial for investors assessing the future of Dogecoin (DOGE). Mpeppe (MPEPE): Why It’s Gaining Traction In the midst of Dogecoin (DOGE)’s fluctuations, Mpeppe (MPEPE) has emerged as a noteworthy alternative. This new cryptocurrency is capturing attention…
[ad_1] Company Name: Bitwise Asset ManagementFounders: Hong Kim and Hunter HorsleyDate Founded: December 2016Location of Headquarters: San Francisco, CA and New York, NYAmount of Bitcoin Held in Treasury: UndisclosedNumber of Employees: 65Website: https://bitwiseinvestments.com/Public or Private? PrivateIn 2016, Hong Kim and his co-founder at Bitwise Asset Management (Bitwise), Hunter Horsely, were living the startup life — working from a living room in San Francisco and looking for a project that they could develop into a business.While experimenting with various ideas, none of which were gaining much traction, their friends wouldn’t shut up about Bitcoin. Plus, by early 2016, every venture capital firm…
[ad_1] Joe Consorti, an analyst at The Bitcoin Layer and advisor to self-custody app Theya, released an incisive critique on the future of Ethereum in comparison to Bitcoin, shedding light on why he believes Ethereum is facing a “slow and painful death.” Published on X, his analysis titled “The Slow & Painful Death of Ethereum” compares the two leading cryptocurrencies, emphasizing significant underperformance and declining market interest in Ethereum. Why Ethereum Is ‘Dying’ Consorti begins his analysis by highlighting the stark contrast in performance metrics between Ethereum and Bitcoin over the past year. Ethereum, according to Consorti, has suffered a…
[ad_1] Binance CEO Richard Teng has firmly rejected accusations circulating on social media that the crypto exchange froze all Palestinian accounts at the orders of Israeli authorities, Coindesk reported. Teng labeled these claims as fear, uncertainty, and doubt, “FUD,” asserting that the allegations are misleading and that Binance’s actions were confined to blocking only those accounts associated with illicit activities.The controversy arose from a social media post by Ray Youssef, CEO of NoOnes, which suggested that Binance had seized funds from all Palestinian users. Youssef supported his claims with a letter from Israel’s National Bureau for Counter-Terror Financing. This letter,…
[ad_1] Bitcoin, the world’s first and leading cryptocurrency, has proven its mettle in its roughly fifteen years of existence. From 2011 to 2021, it was the world’s best-performing asset class in eight of the last eleven years. At the end of 2023, it reemerged as the world’s top-performing asset class.It is also a trillion-dollar asset. BTC’s market capitalization is at $1.13 trillion as of this writing. This value is outside the overall crypto market cap and excludes all other crypto coins. From a fledgling currency in 2008, its value has risen from nearly zero to over $73,000, reaching a historical…