Asset Manager One River Files for Carbon-Neutral Bitcoin ETF in US
The ETF would buy and dispose of blockchain-based carbon credit tokens to account for the emissions associated with its bitcoin holdings.
The ETF would buy and dispose of blockchain-based carbon credit tokens to account for the emissions associated with its bitcoin holdings.
Seasoned traders sell options when the implied volatility is high and buy when volatility is low.
The billionaire hedge fund boss sees an inflationary future where “cash is trash” and BTC catches on as a store of wealth. He still doubts governments will tolerate it.
BTC re-tested minor support around $30,000 over the weekend, but stronger support is seen around $27,000.
The battered crypto market is showing signs of life amid bargain hunting by wealthy investors.
For crypto investors who have been in the market a while, volatility is not a bug – it's a feature.
Even if Huobi is the specific catalyst for today's plunge, it's just the latest negative news in the sector that has been battered in the last few weeks.
The exchange made the move on the heels of a series of crackdown notices from Bejing in recent weeks.
The global derivatives giant improves from fifth place earlier this week. Binance ranks first.
Within two hours of the State Council statement, BTC fell 11%, based on CoinDesk 20 data.
The discount is the difference between the price of the underlying bitcoin asset and the value implied by the price of the trust’s shares.
The latest news extended bitcoin's streak of wild price gyrations this week.
BTC held support around $30K and upside appears limited towards $45K with high volatility into the weekend.
Bitcoin outflows from over-the-counter desks spiked, signaling dip-demand from institutional investors.
The firm said it would pay a small percentage of fees to start offsetting carbon emissions.
BTC had climbed from $35,709 to as high as $42,441. Then the slide started.
The founder of Purpose Investments, one of the first companies to offer bitcoin and ether ETFs in North America, chats ahead of Consensus 21.
Bitcoin had risen to nearly $43,000 earlier Thursday.
That didn't take long: Bitcoin is already back to where it was at the start of Wednesday, just before the biggest sell-off in 14 months.
Bitcoin sellers remain active as the broader uptrend weakens similar to 2017 and 2018.
Liquidations, China and even Elon Musk may be factors in markets falling.
The four-year-old company helps to digitize assets from real estate to equity in the form of security tokens using blockchain.
A crash isn't a great time to decide why you invested in the first place. But it's better late than never.
With $662 million in loans unwound over 24 hours, it's the worst day for such liquidations since Feb. 22.
Stocks drop on lingering inflation scare. Bitcoin fails to draw hedging bids.
"These are certainly setbacks for the wallets and for the investor base," the crypto investor told CNBC.
Crash in the leading cryptocurrency hitting related companies.
The crypto market has lost more than $400 billion in a day.
Coinbase, Gemini and Kraken are all reporting technical issues at press time.
The price of bitcoin is now down more than 30% so far in May, on track for its worst month since November 2018.
