The Valkyrie Balance Sheet Opportunities ETF aims to give investors exposure to bitcoin by holding firms that hold bitcoin in some fashion.
The post Valkyrie launches innovative balance sheet ETF appeared first on The Block.
Quick take
- The market for on-chain perpetual futures in DeFi has continued to mature throughout 2021.
- Since our last update earlier in the year, the landscape has evolved considerably with a notable degree of shuffling occurring among the top protocols.
- Several leading protocols have also undergone significant iteration/expansion throughout the year, which we will take a close look at here.
Quick Take
- CowSwap executes multiple trades by batching them into a single transaction
- Submitting limit orders involves signing messages which do not require gas fees
- CowSwap targets at facilitating the matching of “coincidence of wants”
Bitcoin (BTC) appears to be oversold as price continues to hold above the $46K support level. Upside could be limited, however, given strong resistance around $55K-$60K. Momentum is improving on the daily chart, but remains negative on the weekly chart.
Quick Take
- Cross-chain swaps let you exchange a token on one blockchain for a different token on another chain.
- They are risky but can unlock value transfer across a multi-chain world.
Bitwise has launched an index fund tracking the 10 largest non-fungible token collections by market capitalization.
The post Bitwise launches NFT-tracking index fund for accredited investors appeared first on The Block.
How the NFT space will evolve, broadening its reach over the next year and migrating towards quality.
Shrina Kurani, a Democrat running for a House seat in California, is seeking to engage the crypto community in legislative issues.
Dune Analytics, the Norwegian crypto analytics startup, is raising a fresh round of financing at a strikingly high valuation of $1 billion.
The post Dune Analytics is raising funds at a $1 billion valuation: sources appeared first on The Block.
A new Web3 platform from a company co-founded by Michael Jordan’s son Jeffrey Jordan raised $10 million in seed funding.
The post Web3 platform HEIR raises $10 million in seed funding appeared first on The Block.
