Kategorie: Bitcoin News

Bitcoin news about the Bitcoin (BTC) blockchain and its crypto ecosystem.

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First Trust seeks SEC approval for Bitcoin ‘Buffer ETF’ to safeguard investors

  • First Trust files for Bitcoin Buffer ETF with SEC, aiming to mitigate risk via options.
  • Buffer ETFs gaining momentum, 139 trading on US markets, $32.54B AUM.
  • Buffer ETFs don’t guarantee complete protection, or assess risks.

Financial services firm First Trust has recently submitted a filing with the US Securities and Exchange Commission (SEC) to launch a groundbreaking investment product – the First Trust Bitcoin Buffer ETF.

Unlike traditional spot Bitcoin ETFs, this innovative fund aims to provide investors with a unique risk mitigation strategy, utilizing options to safeguard against potential market downturns. Let’s delve into the details of this latest development in the cryptocurrency investment space.

First Trust’s Bitcoin Buffer ETF filing

First Trust’s move to file for the Bitcoin Buffer ETF signals a shift in the cryptocurrency investment landscape. This ETF is distinct from spot Bitcoin offerings, as it utilizes options to pursue a defined investment outcome. Acting as a buffer, it imposes a limit on potential losses during market drops.

First Trust’s ETF is structured to participate in the positive price returns of the Grayscale Bitcoin Trust or other Bitcoin-related exchange-traded products (ETPs), providing investors with a unique approach to risk management.

Rise of Buffer ETFs in the market

Buffer ETFs have been gaining traction globally, with 139 such funds currently trading on U.S. markets, amassing a total asset under management of $32.54 billion.

BlackRock, a major player in the ETF space, introduced its iShares buffer ETFs earlier this year. These funds offer investors a specified level of downside protection while capping potential upside gains. Analysts anticipate more entrants in this space with diverse strategies, contributing to the growing trend of innovative investment products aimed at addressing market uncertainties.

While the concept of buffer ETFs provides a novel approach to risk management, investors must understand that these funds do not guarantee complete protection.

First Trust’s filing emphasizes potential risks, including the risk of losing some or all invested capital. Investors should carefully evaluate the suitability of buffer ETFs for their portfolios, recognizing that these products may not be suitable for everyone, and success in providing downside protection is not guaranteed.

The post First Trust seeks SEC approval for Bitcoin ‘Buffer ETF’ to safeguard investors appeared first on CoinJournal.

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Giddy Smart Wallet teams up with Stripe for seamless crypto purchases

  • Giddy and Stripe integration offers users a fast and reliable crypto gateway with support for various payment methods.
  • Giddy also expands its groundbreaking multi-factor private key solution to include native support for the Bitcoin network.
  • Giddy’s mobile app is available on both the App Store and Google Play.

Giddy, the self-custody smart wallet championing decentralized finance, has joined forces with leading payment provider Stripe to streamline cryptocurrency purchases. This collaboration marks a major leap in making cryptocurrencies more accessible to the public.

Let’s delve into the details of how Giddy’s integration with Stripe and its native Bitcoin support are set to redefine the crypto landscape.

Effortless crypto transactions for Giddy users

The innovative smart wallet Giddy integration with Stripe, a renowned payment provider, enables Giddy users to purchase cryptocurrencies directly from the mobile app with unparalleled ease. By selecting Stripe as the crypto purchase option, users gain access to a seamless experience that supports various payment methods, including bank transfers, cards, and Apple Pay®.

This integration addresses the longstanding complexity associated with buying self-custody crypto. According to Giddy CEO Eric Parker, Stripe’s reliability and efficiency make it one of the best ways to enter the crypto market. The fast and user-friendly nature of Stripe provides an optimal solution for both new and experienced users to engage with cryptocurrencies at the pace of dynamic markets.

Blockchains supported by Giddy

Besides integrating Stripe, Giddy is introducing native support for the Bitcoin network, adding to its existing support for Ethereum, Arbitrum, and Polygon networks. Giddy’s multi-factor private key solution, a cornerstone of its security features, now extends to the world’s most popular cryptocurrency.

The multi-factor private key solution approach involves separating a user’s private key into multiple encrypted shares, linked to hardware and software controlled solely by the user.

In addition, the unique security measures implemented by Giddy ensure that even if one share of the private key is compromised or lost, the wallet remains secure and recoverable. This groundbreaking security strategy not only enhances user confidence but also simplifies the crypto experience for everyday users.

The Giddy mobile app, available on the App Store and Google Play, offers a user-friendly interface where individuals can buy, trade, send, earn, and shop using cryptocurrencies.

The post Giddy Smart Wallet teams up with Stripe for seamless crypto purchases appeared first on CoinJournal.

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Spot ETF Makes Bitcoin Entry Easier; Borroe Finance Presale Approaches $2M Mark

In the world of cryptocurrency, the winds of change are blowing, and they’re bringing in some exciting developments. The much-anticipated spot Bitcoin ETF is on the horizon, simplifying Bitcoin investments for the everyday investor. Meanwhile, BorroeFinance ($ROE), a rising star in the crypto universe, is edging closer to a monumental $2 million in its presale. Let’s unpack these stories and see why they are reshaping the landscape as the best crypto investment.

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The Game-Changing Spot Bitcoin ETF

The buzz around the first spot Bitcoin exchange-traded fund (ETF) in the U.S. market is real and for good reason. This investment product is not just a boon for Bitcoin; it’s a potential game-changer for the entire crypto industry. The beauty of a spot Bitcoin ETF lies in its simplicity and accessibility. It dismantles the barriers that have kept many potential investors at bay.

You don’t need to be a tech whiz to dive into the Bitcoin pool anymore. Forget about the hassle of dealing with cryptocurrency exchanges or the headache of setting up and securing a blockchain wallet. And let’s not even get started on the labyrinth that is crypto taxes. The spot Bitcoin ETF is about to make all these issues a thing of the past.

But that’s not all. This ETF comes with the backing and blessing of the big guns – government regulators like the SEC and heavyweight investors on Wall Street. This level of endorsement is set to strip away much of the skepticism surrounding the crypto industry. Each of these ETFs will be under the microscope – audited, monitored, and transparent. In short, it’s a safer and more reliable avenue into Bitcoin, without the fear of some crypto catastrophe wiping out your investment.

BorroeFinance: The New Crypto Darling

On another front, BorroeFinance ($ROE) is making waves as it inches closer to the $2 million mark in its presale. This is not just another run-of-the-mill crypto launch; Borroe Finance is carving out its niche in the DeFi and NFT spaces with an innovative blend of AI and blockchain technology. It’s more than just a digital currency; it’s a forward-thinking project that’s redefining financial solutions for the digital age.

This approach has not gone unnoticed. The crypto community is buzzing, and the presale numbers are proof of the growing interest. BorroeFinance isn’t just a top crypto to buy; it’s a glimpse into the future of decentralized finance. For those scouring the market for a top altcoin to buy, Borroe Finance is a name that demands attention.

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Why Borroe Finance Stands Out

In a sea of altcoins, what makes Borroe Finance stand out? It’s not just the technology; it’s the practical, scalable solutions it offers. The project’s ability to attract significant interest, especially in its presale phase, underscores its potential as a top crypto coin. The innovative approach to monetizing future earnings through NFTs and its AI-driven platform make it more than just another digital currency. It represents a forward-thinking investment in the rapidly evolving world of crypto.

As Borroe Finance approaches stage 4 of its presale, now is the perfect time for investors to consider jumping on board. With over $1.8 million already raised and nearing the $2 million mark, the excitement is palpable. This presale is not just about raising funds; it’s about being part of a revolutionary project in the DeFi and NFT spaces. For investors looking for a promising venture, Borroe Finance presents a compelling opportunity.

Conclusion: A Time of Opportunities

In conclusion, the crypto market is buzzing with opportunities. The upcoming spot Bitcoin ETF is set to simplify Bitcoin investments, making it more accessible to a broader audience. At the same time, Borroe Finance’s innovative approach and successful presale are redefining what it means to be a top altcoin. 

Learn more about BorroeFinance ($ROE) here:

Visit BorroeFinance Presale | Join The Telegram Group | Follow BorroeFinance on Twitter

The post Spot ETF Makes Bitcoin Entry Easier; Borroe Finance Presale Approaches $2M Mark appeared first on CoinJournal.

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Google eases Crypto Trust Ads Policy ahead of potential Bitcoin ETF approval

  • Starting January 29, 2024, Google will allow US-based crypto trusts to advertise on its platform.
  • Advertisers looking to promote crypto trusts must, however, undergo Google certification.
  • Google’s policy update aligns with a broader industry trend and Bitcoin’s 74% surge in the past 90 days.

In a strategic move, Google has revised its cryptocurrency-related advertising policy to permit ads for US-based crypto trusts, aligning with predictions of the approval of spot Bitcoin exchange-traded funds (ETFs) in the United States.

This update, effective January 29, 2024, comes at a time of heightened anticipation in the crypto space, as industry analysts speculate a 90% chance of a US spot Bitcoin ETF approval by January 10, 2024.

Google allows Ads for US crypto trusts

The update explicitly mentions “advertisers offering Cryptocurrency Coin Trust targeting the United States.” Advertisers interested in promoting crypto trusts must undergo Google certification, ensuring they possess the necessary licenses from relevant local authorities. The policy emphasizes global application, requiring adherence to local laws in the targeted regions.

This policy adjustment by Google coincides with increasing expectations of the approval of spot Bitcoin ETFs in the United States. Bloomberg’s ETF analysts project a 90% likelihood of approval by January 10, 2024.

Notably, there are currently 13 Bitcoin ETF applicants, including major players like BlackRock, Grayscale, and Fidelity. These firms have reportedly engaged with the US Securities and Exchange Commission to discuss crucial technical details related to their ETF proposals. The crypto market has responded positively, with Bitcoin experiencing a significant 74% surge in the past 90 days.

The crypto market is anticipated to add $1 trillion if the SEC approves the Bitcoin ETF applications.

Certification requirements for Crypto Trust Ads on Google

Google’s certification process for potential crypto trust advertisers underscores the importance of compliance with local laws.

Advertisers must obtain the necessary licenses from local authorities, and their products, landing pages, and ads must align with the legal requirements of the respective countries or regions. This meticulous certification process aims to ensure responsible advertising practices within the rapidly evolving and dynamic cryptocurrency landscape.

The post Google eases Crypto Trust Ads Policy ahead of potential Bitcoin ETF approval appeared first on CoinJournal.

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Institutional traders favour Bitcoin and Ethereum while whales eye this new AI crypto

In the crypto world, there’s a noticeable shift in how big investors are playing the game. Institutional traders are increasingly leaning towards Bitcoin and Ethereum as safer choices, as shown by a recent Bybit Research report. 

Meanwhile, the big players, or ‘whales’, are getting more interested in a new AI cryptocurrency ICO, signalling a change in investment trends in the crypto space.

InQubeta (QUBE): the new focus for crypto whales

As per the experts, the AI narrative is going to be the big thing in the next Bull Run. Given the level of development in this sector, it only makes sense to invest in emerging ventures. However, there are significant barriers to owning a stake in these companies. This is where InQubeta comes to the rescue.

InQubeta’s introduction marks a significant shift in the crypto investment landscape. The platform, through its QUBE token, offers a unique approach to AI startup investments, allowing fractional ownership through popular NFTs and broadening access to this high-growth sector. This initiative is not just an investment opportunity; it’s a paradigm shift, making AI startup investments more inclusive.

InQubeta’s ecosystem is centred around QUBE, which is a deflationary ERC20 coin designed to promote long-term holding and active involvement in the platform’s decision-making. But QUBE is more than just a crypto for beginners. It’s like a gateway to the world of AI and crypto, offering investors a chance to have a real say in where the platform is headed.

InQubeta’s successful journey is highlighted by its presale, which has already crossed significant financial milestones, indicating strong investor confidence. The platform’s roadmap, featuring plans for an NFT marketplace and cross-chain expansion, places it at the forefront of AI and blockchain integration.

Institutional traders’ bullish stance on Bitcoin and Ethereum

Institutional traders have nearly doubled their holdings in Bitcoin during the first three quarters of 2023. As of September, Bitcoin constituted half of their assets, a sentiment driven by positive market anticipation of an SEC-approved BTC ETF. This institutional preference contrasts starkly with the investment patterns of retail traders, who hold lower BTC proportions, possibly influenced by their higher leverage levels.

While Bitcoin and Ethereum are seen as safer bets, institutional traders and whales exhibit scepticism towards top altcoins. The report indicates a general decline in altcoin holdings among these traders, with a notable decrease starting in August. This cautious stance reflects the perceived volatility and risk associated with these assets.

Conclusion

Right now, the investment scene in the crypto market is showing some interesting differences in how people are choosing to invest. On one side, you’ve got institutional traders who are sticking with the top crypto coins like Bitcoin and Ethereum, consolidating their investments in these established names. On the other side, the big individual investors, often called ‘crypto whales’, are looking for something new and exciting like InQubeta (QUBE).

This split in investment strategies really highlights just how varied and lively the crypto market is. As the market keeps changing and growing, the role of AI in cryptocurrencies, like InQubeta, is probably going to become more and more important. It’s opening up new opportunities for both investment and tech development.

For more information about InQubeta, Visit InQubeta Presale or Join The InQubeta Communities.

The post Institutional traders favour Bitcoin and Ethereum while whales eye this new AI crypto appeared first on CoinJournal.