A bitcoin exchange-traded fund (ETF) lets traders gain exposure to BTC via traditional stock markets, without needing to directly buy or sell the digital asset on a cryptocurrency exchange. A bitcoin ETF is an exchange-traded fund that specifically tracks the price of the leading cryptocurrency and allows traders to purchase or sell the security on […]
Archives for October 2021
Bitcoin Mining Is Decentralizing – Here’s Proof
There’s at least one industry where the United States now has China beat: bitcoin mining. After Beijing’s crackdown on crypto in September, the U.S. took the reins as the leading location for bitcoin mining, according to data compiled by the Cambridge Centre for Alternative Finance and released last week. Just two years ago, China accounted […]
Crypto Traders to Blame for 300% Sales Spike at Midwest Tungsten Service
Crypto meme lords have ignited a run on tungsten cubes. A two-day-old Twitter joke – “Crypto Traders to Blame for Global Tungsten Shortage” – is trending toward reality – at least if that reality is limited to desk tchotchkes. It’s also forcing the Illinois manufacturer behind tungsten.com to grapple with an unexpected retail buying spree […]
Tribe Capital to Launch $75M Crypto Fund
Tribe Capital, a venture capital firm with investments in Kraken and FTX among others in the crypto sector, is launching a $75 million crypto fund, sources familiar with the initiative told CoinDesk. The fund initially sought to raise $50 million but strong interest from investors raised the total, according to the sources. San Francisco-based Tribe […]
The Sure Thing, the Force Multiplier, and the Underdoge
Speaking of Bitcoin on the CoinDesk Podcast Network is brought to you by CrystalBlockchain.com. Why did a joke cryptocurrency with zero ambition find massive success, yet a calculated military campaign with plenty of ambition turned into a massive failure? With the right leverage, ten men can fight like one hundred, and one coin can spend […]
