• Russell Starr, Head of Capital Markets at DeFi Technologies, which has launched a new ETP that allows inverse tracking of bitcoin.
    Bitcoin,  Cryptocurrencies,  Innovators

    DeFi’s Valour Engineers a Hedge for Bitcoin

    New ETP provides convenient way to establish inverse position

    April 19, 2024 /

    Bitcoin investors looking for ways to lock in their gains without having to sell their beloved HODL stash have a new option. DeFi Technologies, via its subsidiary Valour, has an innovative Exchange Traded Product (ETP) that trades inversely to the coin. They’re calling it Valour Short Bitcoin (SBTC). Maybe you’ve ridden up from 26K in October to 73K in mid March, and then agonized on the recent fall back to the high 50s. If so, you’ve probably thought about how great it would be to lock in the gains at 70 without having to sell, since you’re dead certain Bitcoin 100K is right around the corner. Well, now you can.…

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  • markets report bitcoin price
    Bitcoin may drop some more, but institutions are still buying (Photo: CoinMarketCap)
    Bitcoin,  Markets Report

    Markets Report: Bitcoin steadies as analyst proclaims ‘strongest bullish signal ever seen’

    Major buy-ins even at $48,000 provide a unique source of good news in a week when Bitcoin shed 20% of its value

    February 25, 2021 /

    Bitcoin hovered near $50,000 on February 25 amid what one analyst suspects are fresh buy-ins from institutional investors. US institutional investors are still buying Bitcoin at the 48k price,” said Ki Young Ju, CEO of on-chain analytics resource CryptoQuant.

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  • From BlackRock CIO Rick Rieder's lips to the SEC's ears (Photo: Twitter)
    Bitcoin

    $8.7T BlackRock jumps into bitcoin as JPMorgan analysts say beware

    BlackRock, the world’s largest asset manager, opened up to using bitcoin futures as a hedge a day before JPMorgan analysts called BTC ‘the least reliable hedge’

    January 23, 2021 /

    BlackRock revealed in Jan. 20 filings with the U.S. Securities and Exchange Commission (SEC) that its BlackRock Funds V and BlackRock Global Allocation Fund have added bitcoin futures to their eligible investments, both for speculation and hedging.

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  • markets report bitcoin price
    That 51% attack rumor Cointelegraph sparked didn't help (Photo: CoinMarketCap)
    Bitcoin,  Markets Report

    Markets Report: Bitcoin recovers from $29K dip; anger at double spend claim

    Troubled times for bitcoin as miner outflows combine with false rumors that the blockchain was compromised for the first time in history

    January 22, 2021 /

    Data from price trackers including CoinMarketCap and TradingView showed a problematic 24 hours for Bitcoin, which looks to end the week in a decidedly more precarious position than that in which it began on Monday.

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