Author: cryptotechbro
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). 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 rules as options on other exchange-traded funds (ETFs), including position limits and margin requirements.”I’m assuming others will be…
Ethereum (ETH) is not the best solution for payments, according to PayPal’s Vice President of Blockchain, Crypto, and Digital Currencies (BCDC) unit, Jose Fernandez da Ponte. Ethereum Falls Short For Payment Purposes Speaking at the Solana Breakpoint 2024 conference, Ponte brought attention to Ethereum’s inability to handle a high volume of transactions as a key reason PayPal chose to launch its dollar-backed stablecoin, PYUSD, on the competing smart contract platform Solana (SOL). PayPal first introduced the PYUSD stablecoin in August 2023 on the Ethereum network. However, in May 2024, the company launched the stablecoin on the Solana blockchain, cementing it…
With its price climbing 17% over the past seven days, Avalanche (AVAX) has lately been on a winning run. Right now, the cryptocurrency is trading at $28.12, up 7% over the past 24 hours alone. This abrupt increase fits a larger recovery across the crypto market driven by a significant shift in the US financial scene: the Federal Reserve’s decision to lower interest rates. The Fed lowered interest rates by 50 basis points on September 18, therefore defining the new range as 4.75%-5%. Aimed at helping to lower inflation and increase economic development, the Fed’s decision to drop rates is…
Singapore-based cryptocurrency Crypto.com is reinforcing its regional presence with a Bahraini license following on approval in Dubai.
In this article, we’ll look at quant trading and discuss why employing an AI crypto trading bot in your trading routine may be a good idea. With the advent of artificial intelligence, the financial trading industry underwent major changes. Although quantitative trading is not a new phenomenon, the AI-powered software helped to refine and enhance the identification of the best investment opportunities. In this article, we’ll look at quant trading, explore its biggest pros and cons, and discuss why employing an AI crypto trading bot in your trading routine may be a good idea. What Is Quantitative Trading? Large financial…
Donald Trump became the first former US President to use Bitcoin (BTC) for a commercial purchase when he completed a cryptocurrency transaction to pay for hamburgers at a New York City bar before a campaign rally. Trump Uses Bitcoin To Pay For Hamburgers The 2024 Republican presidential nominee was spotted at PubKey, a crypto-themed bar in Manhattan, where he purchased several hamburgers using BTC. According to a video released by Fox News, Trump can be seen receiving assistance from PubKey staff to complete a transaction on the Bitcoin network. The video shows that the Strike app facilitated the transaction, powered…
The trading app will only allow BTC, BCH, and ETH trading in the U.S. going forward. Other changes will occur in March 2025. EToro has reached a settlement with the U.S. Securities and Exchange Commission (SEC) and reduced the availability of crypto for American users. The company said that U.S. customers will be only able to trade Bitcoin (BTC), Bitcoin Cash (BCH), and Ethereum (ETH) alongside traditional assets starting Sept. 11. Starting on March 11, 2025, users will only be able to close or sell BTC, BCH, and ETH positions. Users will also be able to close positions in other…
DAVIS, Calif., Sept. 18, 2024 /PRNewswire/ — LandScan, the global leader in digital twins in agricultural technology and precision farming solutions, is proud to announce the grant of its latest patent, (US 12,092,625), titled “Precision Site Characterization Using Digital Twin”. This groundbreaking patent marks the first of its kind in the agriculture sector, involving the use of digital twin technology to revolutionize site characterization and precision farming practices. A New Era in Agriculture The advent of digital twin technology in agriculture represents a significant leap forward in how farmers, agronomists, and researchers understand and manage cropping systems. Digital twins are virtual models…
Dalmas, a seasoned crypto reporter, brings a unique perspective to the industry. His specialization in NFTs, blockchain, DeFi, and blockchain news for NewsBTC, combined with a background in mechanical engineering and over a decade of experience in journalism, has allowed him to craft over 10,000 news and feature articles over the past eight years. His diverse range of topics, including technology, Forex, and finance, reflects his comprehensive understanding of the crypto landscape. His technical expertise and analytical skills have been recognized and featured by leading news outlets such as Investing.com, CoinTelegraph, Entrepreneur, Forbes, and other authority sites. Notably, he broke…
Dragonfly Capital general partner Tom Schmidt urged crypto projects to consider whether they need venture capital funding.