Author: News Room

Calamos Investments just filed paperwork with the U.S. Securities and Exchange Commission (SEC) to launch “structured-protection” exchange-traded funds (ETFs) that hedge up to 100% of Bitcoin’s downside risk using the options market. These ETFs promise to give investors Bitcoin exposure while cushioning them from its infamous volatility. Three new strategies are on the table. One offers complete protection for six months, while the other two hedge 90% and 80% of losses over one year. Earlier this year, Calamos also filed for a one-year ETF with 100% downside protection. None of the funds have fees or tickers yet, but if approved,…

Orbler, a Web3 marketing/crypto platform, has disclosed a strategic collaboration with Zesh App, an AI-powered SocialFi solution. Orbler shared the announcement on the X platform on 22nd November 2024. According to Orbler, the partnership aims to create AI-driven solutions on their blockchain infrastructures to enhance decentralized applications (dApps) functionality and web3 engagement in the crypto landscape. The collaboration focuses on the integration of AI with blockchain technologies to revolutionize how users and development teams interact with the web3 networks. Advancing Web3 Innovation through partnerships The partnership signals a mutual vision between Orbler and Zesh App to users, communities, and developers…

Vechain has launched the Endorsement mechanism, an initiative for Economic and X node holders to engage in platform governance. The endorsement mechanism is vital for decentralizing decision-making within the Better ecosystem, allowing the community to select eligible apps for governance rewards, a responsibility currently held by the VeChain Foundation. VeChain, one of the longest-standing projects in the blockchain sector, has recently rolled out its Endorsement mechanism within the VeBetterDAO network. Founded in 2015 as a private consortium chain, this decentralized smart contract platform aims to improve supply chain management. The team develops business applications that can be integrated into inventory…

Dogwifhat (WIF), the popular Solana-based meme coin gained massive attention in the past few days due to its impressive price surge of over 150%. However, the meme coin has been continuously falling and has now found support at the golden Fibonacci ratio of 0.618 level. Bullish Indicators on WIF Charts Besides finding support at the golden ratio, WIF is also benefiting from Solana (SOL) as it approaches its all-time high. Additionally, the meme coin’s charts on both the four-hour and daily timeframes appear highly bullish, signaling a potential notable upside rally in the coming days. WIF Price Prediction for November…

The transition team of President-elect Donald Trump is reportedly discussing creating a new role within the White House dedicated exclusively to cryptocurrency policy. The discussions come as Trump prepares to take office, with industry leaders engaging in meetings to shape the potential role. A Groundbreaking Initiative in Cryptocurrency Policy If established, this groundbreaking position would mark the first-ever crypto-specific post at the federal level, as noted by the industry enthusiast Crypto Mutant via the X platform to his 98,000 followers. This move will signify the growing influence of the digital asset industry in shaping government regulations and policy. https://x.com/CryptoMutant/status/1859443580559032575 Reports…

OSCE reported twelve Ukrainian officials completed a three-day training on investigating crypto and blockchain transactions. The Organization for Security and Co-operation in Europe announced on Friday, Nov. 22, that it had hosted a three-day training session to strengthen the ability of Ukrainian officials to investigate crypto-related crimes. Per a press release, the online program focused on equipping participants with the skills to trace illicit activities on blockchain networks. During the course, 12 officials from Ukraine’s National Securities and Stock Market Commission took part in the training, which covered “key topics such as the basics of blockchain technology, the taxonomy of…

FIFA and game studio Mythical Games are teaming up to create a new mobile arcade-style soccer game called FIFA Rivals, the companies announced Friday. The free-to-play game, which will be available on iOS and Android devices, will allow players to build and manage their own soccer clubs while competing against others in real-time matches. It’s due out in summer 2025, according to a teaser trailer shared with Decrypt. Mythical Games is the studio behind NFL Rivals, another licensed free-to-play mobile sports game that is built around optional NFTs. Available on iOS and Android since April 2023, NFL Rivals lets players…

MicroStrategy’s stock experienced extreme volatility on Thursday, with a dramatic single-day trading range of nearly $139. The day began with an early surge to $535.74, but the momentum abruptly reversed just 13 minutes into the trading session when Citron Research disclosed its short position despite maintaining a bullish stance on Bitcoin. This announcement triggered an […] Read the full article here

Federal Judge Reed O’Connor struck down an SEC dealer rule requiring certain firms, including hedge funds, to register as dealers in the US Treasuries market. He ruled that the SEC exceeded its authority, agreeing with hedge funds that argued the rule was overly broad and could harm liquidity. SEC Dealer Rule Rejected: Blow to Gensler’s Regulatory Agenda The SEC introduced the rule in February in a bid to increase oversight of hedge funds and high-frequency traders in the Treasuries market. The regulator argued this move was integral to ensure such firms faced the same scrutiny as traditional dealers. Two crypto…

On Thursday, U.S. spot bitcoin exchange-traded funds (ETFs) achieved a significant milestone, bringing in $1 billion in net inflows during a single trading session. U.S. Bitcoin ETFs Draw $1B in Daily Inflows as Ethereum Funds See Mixed Results According to data from sosovalue.com, Blackrock‘s IBIT fund, trading on Nasdaq, led the pack with $608.41 million […] Read the full article here