Bitcoin Zero(BZX)

Solana’s SLERF token experienced a whirlwind of activity, characterized by a rapid price surge followed by a steep decline, leaving investors and traders reeling from the volatility. According to on-chain reports from Lookonchain, an address identified as 5Jha8h…jmbzxd entered the market with a bold move, purchasing 69.74 million SLERF tokens […]

Citrea says it plans to use zero-knowledge cryptography to help grow Bitcoin's budding decentralized finance (DeFi) and NFT ecosystems.

Global X withdraws application for spot Bitcoin ETF, becoming first to do so among last year's SEC approval seekers.

Global X, one of the former contenders for a spot bitcoin exchange-traded fund (ETF), has withdrawn its application, according to a Jan 30 notice from Cboe BZX Exchange, which could have listed the fund.

On January 10, the Cboe BZX Exchange notified the approvals of listing values from various asset managers one day after the SEC's Twitter account was "compromised," falsely announcing the approval of several spot Bitcoin ETFs.

The Fidelity Wise Origin Bitcoin Fund filed Form 8-A with the U.S. Securities and Exchange Commission (SEC) to report the approval of registering its shares as securities on the Cboe BZX Exchange.

“Interested persons” will have 21 days to comment on a proposed rule change allowing the Cboe BZX Exchange to list and trade shares of the Fidelity Ethereum Fund.

The commission gave itself an additional 60 days to consider the listing of ARK 21Shares’ investment vehicle on the Cboe BZX Exchange, with a final deadline set for Jan. 10.

Cboe's BZX exchange filed the first documents in a bid to offer the first spot ether exchange-traded funds in the U.S.

Shares of Coinbase jumped as much as 16% Tuesday after the crypto exchange reached an agreement with Cboe’s BZX Exchange to maintain a surveillance-sharing agreement for five of its spot bitcoin exchange-traded fund (ETF) applications.

Cboe's BZX Exchange named crypto exchange Coinbase as the market for its surveillance-sharing agreement when it refiled its bitcoin exchange-traded fund application on TKday.

This week has seen many TradFi institutions rushing to apply for spot Bitcoin Exchange-Traded Funds, which in turn helped push the crypto past the $30,000 mark, despite the regulatory challenges standing in its way, courtesy of the SEC. Let’s find out more. Bitcoin Global investment firm BlackRock's recent filing for a spot Bitcoin ETF has reignited optimism in the industry and spurred a flurry of similar filings from firms like WisdomTree and Invesco. There has been news of even Fidelity Investments applying for a spot Bitcoin ETF. The US SEC has approved the first leveraged Bitcoin futures ETF - the Volatility Shares 2x Bitcoin Strategy ETF, which will launch on the Chicago Board Options BZX on Tuesday, June 27. A recent IMF post was extremely favorable towards countries in Latin America and the Caribbean using central bank digital currencies while denigrating El Salvador’s adoption of Bitcoin. MicroStrategy has turned a profit on its significant Bitcoin investment as the premier cryptocurrency soars the charts. Bitcoin really motored both Tuesday and Wednesday, putting on as much as 14.6% in the process. Experts are talking about whether Bitcoin’s latest surge is just a last fling before sinking lower or does it have the legs to rally to $45,000. Crypto fund manager Valkyrie has joined a growing group of financial entities seeking to create Bitcoin spot ETFs. The crypto exchange endorsed by Wall Street heavyweights such as Fidelity and Citadel, EDX Markets, launched its operations this week. Binance has confirmed that it is setting up Bitcoin Lightning nodes in order to scale and speed up Bitcoin transactions. Ethereum Etherscan has launched an innovative tool that utilizes artificial intelligence (AI) to retrieve and interpret the source code of specific contract addresses. The Ethereum research team proposed a solution centered around the increase of the MAX_EFFECTIVE_BALANCE (MaxEB), an Ethereum parameter currently capping the effective balance of Ethereum validators at 32 ETH. Ethereum users are being given a fresh way to create NFTs and other digital assets on the blockchain following the launch of a new protocol called "Ethscriptions." Altcoins Traders are attempting to short the TUSD stablecoin amidst reports of the stablecoin issuer’s connection with crypto custodian Prime Trust. Technology Zero-knowledge layer-2 scaling solution Starknet has moved closer to full Ethereum Virtual Machine (EVM) compatibility with the upcoming August launch of Kakarot, a new testnet. In a recent uproar within the crypto Twitter community, the popular AI bot "Explain This Bob" found its account suspended after being identified as a "scam crypto account." The International Monetary Fund (IMF) is working on a concept of a global infrastructure to ensure the interoperability of settlements between digital currencies issued by central banks. Binance-backed BNB Chain has unveiled opBNB, a new Layer-2 testnet designed to address the pressing scalability challenges that have slowed the mass adoption of blockchain technology. Polygon co-founder Mihailo Bjelic has proposed upgrading the Polygon proof-of-stake (PoS) network. into a 'zkEVM validium' version to bolster security. Co-founder of Ethereum infrastructure service Flashbots Alex Obadia has warned of serious challenges ahead for the company in a farewell letter posted on his Twitter handle. Leading PoS blockchain platform, Cardano, has launched an important update to its network, Node 8.1.1, that introduces several technical enhancements to the Cardano ecosystem. Business Huobi founder Li Lin has sued Huobi Global in Hong Kong for using the Huobi trademark without proper permission. The Sydney-based crypto exchange, Independent Reserve, is eyeing an expansion to Hong Kong in the “next few months,” according to an interview with Lasanka Perera, the CEO of its Singapore operations. Regulation The Financial Services and Markets Bill has received approval from the House of Lords and will enter the final stages before becoming legislation. Deutsche Bank is seeking to increase its income in the digital assets space and has applied for a license in Germany. Five US enforcement agencies have come together to create a joint task force to tackle crimes related to digital currencies and the dark web. The Canadian regulator has warned investors that some crypto websites are using fake regulatory stamps and dispute resolution organizations to appear legitimate. According to trading firm QCP Capital, BlackRock’s Bitcoin spot ETF is unlikely in the near term, thanks to SEC Chair Gary Gensler’s attitude towards cryptocurrencies. Binance.US, Binance Holdings Limited, and Binance CEO Changpeng Zhao have accused the SEC of misleading the public through statements during its ongoing lawsuit. Web3 Leading Web3 creative studio, Atrium has created the first animated film, “Nouns: A Movie,” funded by a DAO, featuring popular NFTs. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

The US SEC has approved the first leveraged Bitcoin futures ETF. The Volatility Shares 2x Bitcoin Strategy ETF will launch on the Chicago Board Options BZX on Tuesday, June 27. The US Securities and Exchange Commission (SEC) on Friday approved the first leveraged Bitcoin futures exchange-traded fund (ETF). The Volatility Shares 2x Bitcoin Strategy ETF (BITX) will launch on the Chicago Board Options (CBOE) BXZ Exchange on June 27. BITX Goes Live on June 27 An ETF allows investors to have exposure to a particular product without owning them directly. An ETF bundles securities from which investors can buy shares to gain exposure to that product without owning Bitcoin itself. Bitcoin ETFs take two shapes: Bitcoin spot ETFs and Bitcoin futures ETFs. BITX will be a leveraged ETF. In the case of a leveraged ETF, the fund uses debt or financial derivatives as leverage to increase the return of a benchmark index. A leveraged 2x ETF allows investors to gain exposure to BTC by only putting up 50% of the value of BTC. Bitcoin spot ETFs are funds that track Bitcoin’s value rather than futures contracts. Spot ETFs purchase Bitcoin directly, allowing investors to gain exposure to Bitcoin without buying, storing, or managing it themselves. BITX’s SEC filing indicates the fund: Seeks investment results that correspond to two times (2x) the return of the Chicago Mercantile Exchange (CME) Bitcoin Futures Daily Roll Index. Bitcoin Breaches $30,000 Amid ETF Filings Bitcoin has reacted positively in response to a string of recent ETF filings. At the time of writing, BTC was trading at $30,640, holding firm above the $30,000 threshold. The bitcoin price rose this week after numerous financial industry players announced their intention to create Bitcoin ETFs. BlackRock, the world’s largest asset manager, announced last week that it filed an application for a Bitcoin spot ETF. While there is optimism that BlackRock’s ETF application would be the first the get approval, analysis indicates that it would be unlikely in the near term, thanks to the regulatory hurdles posed by the SEC and its chief Gary Gensler. As is the case with any financial product, the approval process for a Bitcoin ETF involves rigorous scrutiny from regulatory bodies such as the SEC. BlackRock’s ETF filing triggered a series of ETF filings from several firms, including Valkyrie, WisdomTree and Invesco. The rumour mill also suggests that Fidelity is filing an application for a Bitcoin spot ETF. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Global investment firm BlackRock's recent filing for a spot Bitcoin Exchange-Traded Fund (ETF) has reignited optimism in the industry and spurred a flurry of similar filings. Less than a week after BlackRock's application, renowned investment firms WisdomTree and Invesco have followed suit, filing applications for their respective spot Bitcoin ETFs. WisdomTree's Persistence in Spot Bitcoin ETF Filing New York-based WisdomTree lodged its latest filing for a spot Bitcoin ETF with the United States Securities and Exchange Commission (SEC) on June 21. If approved, the "WisdomTree Bitcoin Trust" would be listed on the Cboe BZX Exchange under the ticker "BTCW." Notably, this is WisdomTree's third attempt to secure approval for a spot Bitcoin ETF. Previous applications submitted in December 2021 and October 2022 were rejected due to the SEC's concerns about fraud and market manipulation. In their recent filing, WisdomTree, which oversees approximately $83 billion in assets, has expressed willingness to enter into a "surveillance sharing agreement" with a U.S.-based spot trading platform for Bitcoin. This step echoes BlackRock's approach in its recent filing, aiming to mitigate the SEC's concerns by establishing robust surveillance mechanisms to detect and prevent price distortions and manipulation. Invesco Reactivates Its Application for a Spot Bitcoin ETF Shortly after WisdomTree's application, Invesco, a global investment manager, reactivated its application for a similar spot Bitcoin ETF product. The proposed "Invesco Galaxy Bitcoin ETF" aims to be listed on the Cboe BZX exchange, per the 19b-4 document informing the SEC of the proposed rule change. Invesco's filing emphasizes the benefit of professional custodians and other service providers. This setup, they argue, reduces reliance on "loosely regulated offshore vehicles" and ensures better protection for investors' principal investments in Bitcoin. Impact of BlackRock's Strong ETF Approval Track Record Bloomberg's senior ETF analyst Eric Balchunas responded to the flurry of filings, attributing the renewed activity to BlackRock's entry into the race. Balchunas highlighted BlackRock's impressive track record, with a 575-1 success rate of ETF approvals by the SEC, adding weight to the firm's application. Speculations About Fidelity Investments' Entry Amid this resurgence of interest in Bitcoin ETFs, there are rumors that Fidelity Investments, a multi-trillion-dollar fund manager, might also join the fray. Speculation is rife that Fidelity, which manages roughly $4.9 trillion in assets, could file for its own spot Bitcoin ETF or possibly make an offer on Grayscale's GBTC ETF product. While the SEC has yet to approve a spot Bitcoin ETF, the recent wave of applications, driven by industry giant BlackRock's filing, has renewed hope and sparked a fresh round of interest in this segment of the crypto market. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

The two partners say using zero-knowledge proofs will allow Bitcoin nodes to sync quickly from anywhere on earth, “even without Internet.”