Valkyrie Launches ETF to Track Bitcoin Balance Sheet Stocks
Crypto manager Valkyrie has launched a new exchange-traded fund (ETF). Balance Sheet Opportunities ETF, trading as VBB on Nasdaq, invests in companies with big bitcoin bags, but steers clear of bitcoin futures, sticking only to equities that invest in the coin. Valkyrie CEO Leah Wald shares insights into the ETF and hopes for a bitcoin spot ETF in the U.S.
8 Trends That Will Shape Bitcoin Mining in 2022
CoinDesk’s first ever year-end survey of crypto miners reveals a competitive but mature business with potential for merger activity to accelerate.
Bitcoin Rises Toward $50K; Resistance Seen Around $52K
Momentum is also stabilizing after several weeks of low trading volume.
Crypto Traders Laying Low While Fed Ponders
The crypto market extended its losses Wednesday as investors closely monitor the Fed's upcoming decision on raising interest rates next year. Edan Yago, lead contributor at bitcoin-focused DeFi platform Sovryn, discusses his view of bitcoin and DeFi. "The big picture of bitcoin hasn't changed," Yago said. "Inflation is still necessary to continue ... [but] there's been something of a pullback as the market waits to see what's happening."
CardCoins Offers Bitcoin Payments Over the Lightning Network
CardCoins’ new Lightning integration will allow customers to receive bitcoin payments quickly and cheaply.
Bitcoin, Cardano, Ether and Everything Else Are Still Down 99% on CoinMarketCap
A price glitch has since been fixed, but some of the turbulence remains.
Institutional Bitcoin Broker NYDIG Valued at $7B After Whopping $1B Funding Round
NYDIG, which offers bitcoin trading and custody, has raised $1 billion that will value the firm at over $7 billion. “The Hash” hosts discuss what could be the largest funding round in crypto history as NYDIG moves to expand bitcoin’s reach into every industry potentially.
First Mover Asia: Crypto Traders Laying Low While Fed Ponders; Bitcoin, Ether Gain
A move by the U.S. central bank to ratchet up interest rates could lead investors away from cryptocurrencies, which are considered riskier investments.
Market Wrap: Cryptocurrencies Stabilize as Traders Await the Fed
Analysts are cautious about crypto prices as risk appetite wanes.
Should You Get Your Paycheck Through Bitcoin’s Lightning Network?
Bitwage, a payroll processor that uses Bitcoin’s “layer 2” scaling solution, the Lightning Network, processed the world’s first salary payment via Lightning last week. Bitwage co-founder and CEO Jonathan Chester shares insights into how it all works and who’s using the service.