Ether

ProShares Launches First ETF to Target 2x Daily Bitcoin Returns

Retrieved on: 
Tuesday, April 2, 2024
Professional Services, Finance, Bitcoin, Ether, ETF, Risk, ProShares, Cryptocurrency

Today, ProShares, a premier provider of ETFs, is launching ProShares Ultra Bitcoin ETF (BITU), the first ETF to target 2x daily bitcoin returns.

Key Points: 
  • Today, ProShares, a premier provider of ETFs, is launching ProShares Ultra Bitcoin ETF (BITU), the first ETF to target 2x daily bitcoin returns.
  • At the same time, ProShares is also launching ProShares UltraShort Bitcoin ETF (SBIT), the first ETF to target -2x daily bitcoin returns.
  • “BITU offers investors the opportunity to pursue magnified bitcoin returns or target a level of exposure with less money at risk.
  • ProShares is also a leader in crypto-linked ETFs, having launched the first U.S. bitcoin-linked ETF (BITO) in October 2021.

Casa Acquires Cryptography Team Chamber, Names New COO and CTO

Retrieved on: 
Wednesday, April 3, 2024
Freedom, Friction, Ether, Acquisition, Engineering, Content Authenticity Initiative, Adobe, API, Chamber, Cryptocurrency

DENVER, April 4, 2024 /PRNewswire/ -- Casa , the leading provider of self-custodial vaults, today announced it has acquired Chamber, a team of experts in applied cryptography and passkeys.

Key Points: 
  • DENVER, April 4, 2024 /PRNewswire/ -- Casa , the leading provider of self-custodial vaults, today announced it has acquired Chamber, a team of experts in applied cryptography and passkeys.
  • Casa helps individuals hold the private keys to their bitcoin, ether, and other assets in their own secure multi-key vaults managed in the Casa app.
  • The Chamber team will accelerate Casa's roadmap in reducing friction and improving security in storing private keys.
  • Both Chamber co-founders have joined the executive team at Casa: William Allen as COO and Bryan Latten as CTO.

Talos and Coinbase Derivatives Open New Avenue for Institutional Crypto Derivatives Trading

Retrieved on: 
Tuesday, April 2, 2024
Coinbase, Operation, Contract management, Algorithm, CFTC, ETH, Growth, Ether, BTC, Cryptocurrency

NEW YORK, April 2, 2024 /PRNewswire/ -- Talos, a provider of institutional trading technology for digital assets, announced its integration with Coinbase Derivatives, LLC (Coinbase Derivatives), a futures exchange registered with the Commodity Futures Trading Commission (CFTC), expanding the avenues available for a growing number of institutional investors seeking to gain exposure to digital assets within a trusted and regulated framework.

Key Points: 
  • NEW YORK, April 2, 2024 /PRNewswire/ -- Talos, a provider of institutional trading technology for digital assets, announced its integration with Coinbase Derivatives, LLC (Coinbase Derivatives), a futures exchange registered with the Commodity Futures Trading Commission (CFTC), expanding the avenues available for a growing number of institutional investors seeking to gain exposure to digital assets within a trusted and regulated framework.
  • "We've seen a lot of interest and growth in our derivatives business, and our integration with Coinbase Derivatives will expand the universe of regulated futures that clients can access using the Talos platform."
  • Coinbase Derivatives enables the trading of bitcoin (BTC) and ether (ETH) futures by institutional clients.
  • Talos clients will be able to incorporate the futures liquidity of Coinbase Derivatives into their trading strategies through the use of advanced algorithms, including Talos's Multileg algorithm that helps traders implement complex trading strategies.

Purpose Investments Marks Three-Year Anniversary of the World’s First Bitcoin ETF

Retrieved on: 
Tuesday, February 20, 2024
Crypto, Montreal Exchange, TSX, ETF, AUM, BTCC, History, Ether, Knowledge, Security (finance), Cryptocurrency

TORONTO, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Three years ago Sunday, Purpose Investments Inc. (“Purpose”) made history by launching the Purpose Bitcoin ETF (TSX: BTCC), the world’s first Bitcoin ETF backed by physically settled Bitcoin.

Key Points: 
  • TORONTO, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Three years ago Sunday, Purpose Investments Inc. (“Purpose”) made history by launching the Purpose Bitcoin ETF (TSX: BTCC), the world’s first Bitcoin ETF backed by physically settled Bitcoin.
  • “We love solving problems for our customers, and this led to the critical structural components to launch the first Bitcoin ETF,” says Som Seif, founder and CEO of Purpose.
  • The Purpose Ether ETF (TSX: ETHH) was the world’s first ETF backed by physically settled Ether tokens, providing investors with an easy and secure way to own Ether.
  • Purpose has also developed the Purpose Crypto Corner to provide an educational hub that gives investors the knowledge and tools to understand the digital asset space.

RYAM Announces Fourth Quarter and Full Year 2023 Results and Provides Improved Outlook for 2024

Retrieved on: 
Tuesday, February 27, 2024
Construction & Property, Natural Resources, Other Manufacturing, Packaging, Chemicals, Plastics, Other Construction & Property, Manufacturing, Forest Products, ERP, Operating cost, Line C, LTF, Note, Acetate, Sale, Paperboard, Cellulose, Adjustment, Conference, USDOC, Ether, Public expenditure, Corporation, Fine chemical

Net sales for the fourth quarter decreased $37 million, or 10 percent, to $347 million compared to the same prior year quarter.

Key Points: 
  • Net sales for the fourth quarter decreased $37 million, or 10 percent, to $347 million compared to the same prior year quarter.
  • Compared to the third quarter of 2023, the operating loss increased $43 million, primarily due to the $62 million non-cash impairment recorded in the fourth quarter and higher labor costs.
  • Overall, EBITDA is expected to remain relatively flat in the first quarter of 2024 compared to the fourth quarter of 2023, with a strong finish in the back half of 2024.
  • Raw material prices are expected to increase as purchased pulp prices are forecast to increase from fourth quarter 2023 levels.

Onramp Invest First US Firm to Deliver Investable Access to the CoinDesk 20 Index

Retrieved on: 
Thursday, February 29, 2024
Bitcoin, Ether, DFX, Index, CMI, ETF, Pulse, BTI, ETI, CMIS, Interchange (road), RIAS, CoinDesk, DACS, Cryptocurrency

NEW YORK, Feb. 29, 2024 /PRNewswire/ -- Onramp Invest, a Securitize company and a turnkey asset management platform that provides everything RIAs need to support blockchain-based alternative investment offerings, today announced that advisors using its platform can access theCoinDesk 20 Index, an investable index that measures the performance of top digital assets. The CoinDesk 20, currently trading via perpetual futures on the Bullish Exchange, is published byCoinDesk Indices, the leading provider of digital asset indices since 2014.

Key Points: 
  • The CoinDesk 20 Index measures the performance of twenty top digital assets with a focus on liquidity.
  • The CoinDesk 20 Index is intelligently designed and captures more than 90% of the digital asset market capitalization1, and we're thrilled to offer advisors another powerful index from CoinDesk Indices.
  • In addition to the CoinDesk 20, Onramp's flexible platform features other CoinDesk Indices offerings, including CoinDesk Market Select Index (CMIS) , CoinDesk Defi Select Index (DFX) , CoinDesk Currency Select Index (CCYS) , Bitcoin Trend Indicator (BTI) and Ether Trend Indicator (ETI) .
  • For more information on Onramp's platform for advisors and how to access the CoinDesk 20 Index, please visit https://onrampinvest.com/coindesk-indices/ .

Cboe Digital Exchange Data Now Available Through Coin Metrics' Market Data Feed

Retrieved on: 
Tuesday, February 27, 2024
Bitcoin Cash, Litecoin, Crypto, API, European, WebSocket, Ether, USDC, Book, Cryptocurrency

BOSTON, Feb. 27, 2024 /PRNewswire/ -- Coin Metrics, the leading provider of crypto financial intelligence, is pleased to announce that it has added data from the Cboe Digital Exchange to its Market Data Feed.

Key Points: 
  • BOSTON, Feb. 27, 2024 /PRNewswire/ -- Coin Metrics, the leading provider of crypto financial intelligence, is pleased to announce that it has added data from the Cboe Digital Exchange to its Market Data Feed.
  • Cboe Digital Exchange trades, order books, quotes, and candles are now available through the Coin Metrics REST API and WebSocket, with additional metrics to be onboarded in the coming weeks.
  • "With institutional backing and a prudent focus on regulatory compliance, Cboe Digital is an important exchange for investors who are entering the digital asset marketplace and using Coin Metrics' tools to assess it," said Tim Rice, co-founding CEO of Coin Metrics.
  • Coin Metrics' Market Data Feed provides access to historical and real-time data from over 40 of the world's leading spot and derivatives crypto exchanges.

CoinEx Research: ETH Could Lead the Next Market Cycle in March

Retrieved on: 
Tuesday, February 27, 2024
Ether, ETF, Research, ETH, Miner, BTC, Cryptocurrency

HONG KONG, Feb. 27, 2024 /PRNewswire/ -- CoinEx Research has released its monthly crypto market analysis report for February 2024. The report reviews Bitcoin's surge in February amid the approval of the first BTC ETF, but predicts Bitcoin prices may enter into a consolidation range in March. At the same time, it highlights an outstanding performance for Ethereum and upside potential in the ETH/BTC exchange rate.

Key Points: 
  • Predicting Bitcoin Consolidation and Ethereum Outperformance
    HONG KONG, Feb. 27, 2024 /PRNewswire/ -- CoinEx Research has released its monthly crypto market analysis report for February 2024.
  • At the same time, it highlights an outstanding performance for Ethereum and upside potential in the ETH/BTC exchange rate.
  • On the other hand, with multiple bullish factors stacking up for Ethereum, including a possible Ether ETF approval, the Duncan upgrade implementation, and a decrease in circulating supply from locked staking coins, ETH could lead the next market cycle in March.
  • CoinEx Research expects the overall crypto market sentiment to remain positive in March, but Bitcoin may take a break as Ethereum becomes the next trending sector.

WiMi Developed a Blockchain-Based Data Security Model for Large Private Network Transactions

Retrieved on: 
Monday, February 26, 2024
Cloud, Ethereum, Blockchain, Architecture, Prisoner of war, Attack, WIMI, Internet of things, Digital, Holography, Communication, Risk, LPN, Ethernet, Ether, Privacy, Augmented reality, POS, Cryptocurrency

Therefore, WiMi's model focuses on protecting the data privacy of transactions through Bitcoin and Ether blockchain technology to ensure that user data is adequately protected during network transmission.

Key Points: 
  • Therefore, WiMi's model focuses on protecting the data privacy of transactions through Bitcoin and Ether blockchain technology to ensure that user data is adequately protected during network transmission.
  • WiMi developed a blockchain-based transaction data security model for large-scale private networks.
  • The large-scale private network transaction data security model based on blockchain technology uses blockchain's peer-to-peer encrypted links to ensure the security of data transmission.
  • WiMi will continue to optimize and upgrade its large-scale private network transaction data privacy and security model as technology continues to evolve.

CME Group to Launch Micro Euro-denominated Bitcoin and Ether Futures on March 18

Retrieved on: 
Tuesday, February 20, 2024
EBS, Standard, Ether, NYMEX, COMEX, Financial services, TP, Fiat, OTC, New York Mercantile Exchange, City, S&P Dow Jones Indices, CME Group, Chicago Board of Trade, LTD, ICAP, Risk, Cryptocurrency, S&P, Metal, CME, CBOT, Digital asset

CHICAGO, Feb. 20, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced it plans to further expand its cryptocurrency derivatives offering with the addition of Micro Bitcoin Euro and Micro Ether Euro futures on March 18, pending regulatory review.

Key Points: 
  • CHICAGO, Feb. 20, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced it plans to further expand its cryptocurrency derivatives offering with the addition of Micro Bitcoin Euro and Micro Ether Euro futures on March 18, pending regulatory review.
  • As such, we have seen a four-fold increase in volume in our USD-denominated Micro Bitcoin and Micro Ether futures," said Giovanni Vicioso, Global Head of Cryptocurrency Products at CME Group.
  • Designed to match their U.S. dollar-denominated counterparts, Micro Bitcoin Euro and Micro Ether Euro futures contracts will be sized at one-tenth of their respective underlying cryptocurrencies.
  • Micro Bitcoin and Micro Ether futures also saw a trading surge, with average daily volumes growing 43% versus December 2023.