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Coinbase Rolls Out Bitcoin and ETH Futures for US Investors


Popular cryptocurrency exchange Coinbase has announced the launch of its native Bitcoin and Ethereum futures contracts for US retail traders. In a November 1 blog post, the US-based Bitcoin trading hub stated that the service is being rolled out via the Coinbase Advanced platform. Now, retail...

Grayscale’s Bitcoin Trust Discount to NAV Narrows Sharply to a 16.59% Gap


Grayscale’s Bitcoin Trust, known as GBTC, has witnessed a significant shift in its market dynamics. In January 2023, GBTC traded at a significant 48.31% discount to its net asset value (NAV). Today, that gap has narrowed to 16.59%, indicating changes in market sentiment and presenting...

Nigerian Web3 Startup Nestcoin Secures $1.9 million in Funding


The Nigerian Web3 startup Nestcoin has reportedly secured a total of $1.9 million in funding from both existing and new investors. The capital raised will be used to bolster Nestcoin’s finances and further develop the startup’s non-custodial wallet. Impact of FTX’s Collapse...

Green Bitcoin Mining: Nodal Power Secures $13M for Landfill Gas Conversion


Utah-based Nodal Power, which specializes in turning landfill gas into energy for powering bitcoin (BTC) mining hubs, recently announced a successful $13 million seed round backed by strategic investors. Bryan Black, Nodal’s CEO, stressed the technology’s “potential to make...

Binance Obtains Dubai License to Provide Crypto Exchange Services


The world’s largest cryptocurrency exchange, Binance, has received a license to operate in Dubai as a regulated platform. The authorization will allow the crypto giant to offer exchange and other services for virtual assets to institutional and qualified retail investors. Dubai Virtual Assets...

UK Court Slaps Telecoin Crypto Scam Masterminds With 6-Year Jail Terms


Two masterminds of the Telecoin cryptocurrency scam will each serve more than six years in jail after a court in the United Kingdom found them guilty of fraud. According to Lee Parish, the detective chief inspector, the duo used the allure of crypto investment to dupe prospective investors....

BlackRock CEO Larry Fink Highlights Rising Crypto Demand from Gold Investors


BlackRock CEO Larry Fink has expressed optimism about the rising demand for cryptocurrencies among gold investors.  In an interview with CNBC following the release of BlackRock's second-quarter earnings report, Fink stated that "more and more" gold investors have been inquiring about the role...

Bitcoin Lags Behind Global Market Rally, Raising Caution Among Investors


The leading cryptocurrency Bitcoin failed to rally with global markets this week triggered by cooling US inflation. The recent decoupling of Bitcoin from the global markets has left investors worried about the token’s outlook.  While S&P 500 and Nasdaq closed at their highest since April 2022...

Child-Focused Egyptian Fintech Startup Secures $1.5 Million in Funding


Egyptian fintech startup Masroofi recently raised $1.5 million through an investment round supported by unnamed investors. The capital raise came shortly after Masroofi’s co-founders reportedly rejected a funding offer from investors in the “Shark Tank” program. Investors Drawn...

Volatility Shares Co-Founder: Spot Bitcoin ETF Will Attract New Investors


A spot Bitcoin (BTC) exchange-traded-funds (ETF) could mark a new phase of institutional investors entering the crypto market. Justin Young, co-founder and president of Volatility Shares, has said that investors seeking exposure to Bitcoin are searching for the "easiest and most regulated way"...

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