United States

Why investors are not entirely sold on investing in a Bitcoin futures ETF

With two Bitcoin futures ETFs set to make market debut, let’s dive deep into the cost associated with owning these contracts. ProShares Bitcoin futures ETF is reportedly set to go live on 18 October, likely followed by Invesco’s ETF on the next day on 19 October.  We know that there are additional costs associated with an ETF. Apart from a brokerage commission, analysts are anticipating a higher expense ratio with these traded funds. As the filing by ProShares marks an annual operating expense of 0.95%, an investor will essentially spend

Major Arena Soccer League and SCCG Management Partner on Sports Betting for the MASL

MAJOR ARENA SOCCER LEAGUE AND SCCG MANAGEMENT ANNOUNCED TODAY THAT A PARTNERSHIP WHERE SCCG AND ITS CEO, STEPHEN CRYSTAL, WILL CONSULT ON SPORTS BETTING FOR THE MASL. Las Vegas, NV – Tuesday October 5th 2021 — Stephen Crystal of SCCG Management and leadership of the the Major Arena Soccer League (MASL)  announced today a partnership to bring MASL events to the US sports betting industry. The Major Arena Soccer League represents 16 teams across the United States and Mexico. The game is one of the fastest and most skilled version

U.S. Won’t Ban Crypto | This Week in Crypto – Oct 4, 2021

 The US gives a green light to cryptos, TikTok launches its own NFTs, and can professional crypto traders be outmatched…by a hamster?! These stories and more this week in crypto. The Chairman of the US Federal Reserve, Jerome Powell said that the United States has no intentions of banning cryptocurrencies, including Bitcoin. He still asserted that some digital assets, stablecoins in particular, have to be regulated. This fresh, more optimistic US approach had an immediate positive effect on the entire market at the end of the week. TikTok has

Powers On… Don’t worry, Bitcoin’s adoption will not be stopped

In a series of  recent interviews and speeches, United States Securities and Exchange Commission Chairman Gary Gensler has called the cryptocurrencies market the “Wild West” due to its unregulated and allegedly fraud-filled atmosphere, predicting that the coins were doomed to fail. Powers On… is a monthly opinion column from Marc Powers, who spent much of his 40-year legal career working with complex securities-related cases in the United States after a stint with the SEC. He is now an adjunct professor at Florida International University College of Law, where he teaches

Sports NFTs Are Hot Property: How Blockchain Technology Gives Fans New Ways To Connect With Their Favourite Sport

It’s an exciting time to be a football fan. The sport is embracing new technology that is enabling fans to show their love for the beautiful game in totally new ways. But even as the digital collectible market expands, the crypto community can still offer fantastic physical prizes. Are NFTs the future of football fandom? The big finance firms seem to think so. SoftBank Vision Fund, LionTree, Bessemer Ventures, IVP, Hillhouse and Atomico were all lead investors in Sorare, a European fantasy football platform that offers digital collectibles in the

Fortune Publishes their Most Disgusting Bitcoin Article Yet. Here’s Why.

Just when you thought Fortune couldn’t sink any lower with their Bitcoin slander, the publication tries to relate a neutral technology to “the alt-right” and “white supremacists.” Is this what journalism has devolved into? Unfortunately, in the case of Fortune, the answer is yes. This is not the first time they have used their publication as a weapon. They’ve tried to slander Bitcoin numerous times before, and there’s a concrete reason for that. Related Reading | Bitcoin And Crypto Adoption Soars 880% In 2021, This Is What’s Driving It Before

Revolut to Reportedly Launch Own Cryptocurrency Token

According to a recent report, Revolut seeks approval from UK’s securities regulator to launch its exchange token. Should the initiative be greenlighted, it will start from Europe and other non-US-based locations. Citing people familiar with the matter, CoinDesk reported earlier that Revolut – a leading fintech firm – wants to release its cryptocurrency token. One of the sources indicated that users would be able to utilize the coin similarly to Wirex and Nexo. However, such a development would be possible only if the initiative received regulatory approval from the UK

Ripple’s Use Case Stand Out While Others Remain Speculative

Regulation News Ripple and SEC legal talks continue. XRP provides great cross border payments. The Securities and Exchange Commission (SEC) and Ripple (XRP) legal talks in the US continue to heat up. As a result, these issues have become one of the most talked-about topics in the crypto world. Recently, the CEO of Ripple, Brad Garlinghouse, insisted that the SEC has provided no clarity in crypto regulation and has lost sight of its mission to protect investors. Despite this ongoing heated debate between SEC and Ripple, XRP continues to provide

Ripple CEO Says SEC Gives No Clear Framework for Crypto, Discusses XRP Lawsuit

As the lawsuit with the U.S. Securities and Exchange Commission (SEC) continues, Ripple CEO Brad Garlinghouse insists that the Commission has provided no clarity in crypto regulation. He said the SEC is using its meetings with crypto companies as lead generation for enforcement actions, and the agency has lost sight of its mission to protect investors. Ripple’s CEO Claims SEC Uses Meetings With Crypto Companies as Lead Generation for Enforcement Actions Amid the SEC’s lawsuit over XRP, Ripple CEO Brad Garlinghouse reiterated his concerns over the lack of clarity in

Ripple CEO Says SEC Gives No Clear Framework for Crypto, Discusses XRP Lawsuit

As the lawsuit with the U.S. Securities and Exchange Commission (SEC) continues, Ripple CEO Brad Garlinghouse insists that the Commission has provided no clarity in crypto regulation. He said the SEC is using its meetings with crypto companies as lead generation for enforcement actions, and the agency has lost sight of its mission to protect investors. Ripple’s CEO Claims SEC Uses Meetings With Crypto Companies as Lead Generation for Enforcement Actions Amid the SEC’s lawsuit over XRP, Ripple CEO Brad Garlinghouse reiterated his concerns over the lack of clarity in

Twitter launches BTC tipping for iOS users via Lightning Network

Twitter has launched a tipping feature worldwide via bitcoin’s Layer 2 Lightning Network. The social media company has more than doubled the amount of bitcoin deployed on the network since the start of 2021. The San Francisco-based Twitter enabled tipping via BTC for global users of the iOS, with Android access promised “soon,” FuturesMag disclosed. The feature also gives users the option of tipping content creators in fiat currencies via third-party services like Venmo, Cash App, and Wealthsimple Cash. It is worth noting that Square’s Cash App — a payment

AxioMed LLC, A KICVentures Group Portfolio Company, Achieved Landmark Patent For Lateral Lumbar Viscoelastic Disc Replacement Medical Device

KICVentures Group portfolio company AxioMed achieved Patent For Lateral Lumbar Viscoelastic Disc Replacement Medical Device there is a sense of urgency in commercializing the AxioMed cervical, lumbar and lateral lumbar viscoelastic disc replacements internationally MALDEN, Mass. (PRWEB) September 18, 2021 AxioMed continues to press its advantages in the artificial total disc replacement market with its investment in lateral lumbar viscoelastic disc technology. At a time when revenues and margins are driving the spine industry, AxioMed chose to venture alone into developing a lateral lumbar viscoelastic disc replacement. We thank the