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The proposed name change by Facebook is not uncommon amongst Wall Street firms and marks a major milestone in the company’s expansionary efforts.
Bitcoin (BTC) has set a new ATH, hitting $66,000. Several fundamentals have combined to take Bitcoin to the point where it is today.
The ProShares Bitcoin Futures ETF product tracks the speculations on the future price of the digital currency, which may make the product behave differently from the real BTC asset.
The move by the major American stock market indices including the S&P 500 to hit their new ATHs may be fast-tracked by increased earnings reports from the companies that are going to unveil their results for the previous quarter.
Post the launch of ProShares Bitcoin Strategy ETF, BTC price has been flirting around $64,000.
Amid the Facebook Novi launch, some federal legislators want the social media giant to discontinue the project.
The fintech company is looking to create more awareness for digital banking among US citizens. Revolut US CEO Ron Oliveira also said slashing fees would empower its US customers to attain financial freedom.
The ProShares Bitcoin ETF becomes the second-most heavily traded fund with BITO surging 5% on debut and registering a record turnover of $1 billion on Day 1.
Users in the enlisted areas would be able to send and receive USDP in their Facebook Novi wallets, with Coinbase providing custody.
Neither the ProShares Bitcoin Strategy ETF nor the Valkyrie Bitcoin Strategy ETF will hold actual BTC.
Expectations of the strong earnings reports from top giants ahead this week are driving the US market higher despite a drop in industrial production for the last month of September.
In this article, you will find the details of the new products announced by Apple.
Fund manager ProShares has reportedly received permission from the SEC to launch a US-based Bitcoin futures ETF tomorrow.
The Bitcoin community is expecting a Bitcoin ETF to begin trading today or tomorrow. BTC price is moving higher in anticipation of the launch.
The financial advisor to Bakkt Holdings in this deal was the investment banking company PJ Solomon.