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Tag: Cryptocurrencies

ProShares Launches First ETF to Target 2x Daily Bitcoin Returns

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Also launches first ETF to target -2x daily bitcoin returns 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 and SBIT are designed to address the challenge of acquiring leveraged or short exposure to bitcoin,...

Bitcoin, Cryptocurrencies, Press release

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Crypto Market Update: April 1, 2024

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Overview The crypto market is buzzing with activity today, as investors and enthusiasts closely monitor the latest developments. From Bitcoin’s price fluctuations to emerging narratives, let’s dive into the key highlights shaping the decentralized finance landscape. Bitcoin and Ethereum News Bitcoin (BTC): The flagship cryptocurrency continues to dominate the market, with a current price of $78,500. Despite recent volatility, BTC remains...

Bitcoin, Blockchain, Cryptocurrencies, Ethereum, News

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Crypto Market Set for Takeoff? Analyst Predicts $1 Trillion Influx

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Summary: Matt Hougan, CIO of Bitwise Asset Management, predicts a massive influx of capital into the cryptocurrency market. He estimates $1 trillion could enter the space, dwarfing the current $12 billion invested through ETFs. This bullish forecast suggests growing institutional interest and potential mainstream adoption of cryptocurrencies. Matt Hougan, the Chief Investment Officer of Bitwise Asset Management, a leading digital...

Cryptocurrencies, ETF, Front page, News

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$11 Million Drain Rocks LRT Stablecoin Protocol

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Prisma Finance, a decentralized finance (DeFi) protocol, suffers a critical exploit resulting in over $11 million stolen. The attack targeted the platform’s LRT stablecoin, raising concerns about the security of DeFi protocols. Prisma Finance has paused operations to investigate the incident. Just as the DeFi space was grappling with the recent inquiry surrounding the Ethereum Foundation, another major setback has emerged. Prisma...

Cryptocurrencies, DeFi, Stablecoins

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AppViewX and Fortanix Partner to Deliver Enterprises Streamlined and Secure Machine Identity Management and Code Signing Solutions

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AppViewX, the leader in automated machine identity management (MIM) and application security, and Fortanix, a leader in data-first security and pioneer of Confidential Computing, today announced a partnership to offer cloud-delivered secure digital identity management and code signing. Together the companies make it easy to address critical enterprise security challenges with comprehensive, robust and scalable platforms for certificate lifecycle...

Cryptocurrencies, Press release

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