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BlockFi joins the race for a spot bitcoin ETF

BlockFi joins the race for a spot bitcoin ETF

The BlockFi NB Bitcoin ETF would trade on the New York Stock Exchange and hold bitcoin, according to its S-1.

The post BlockFi joins the race for a spot bitcoin ETF appeared first on The Block.

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Market Wrap: Bitcoin Rises as Central Banks Maintain Low Rates

Bitcoin (BTC) is rising along with equities after some central banks appeared to be in no rush to raise rates last week. Analysts expect a bullish Q4 for crypto, although next year could be difficult as monetary stimulus fades.

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Crypto Fund Inflows YTD Significantly Higher Than Last Year

Year-to-date inflows into digital asset funds now total $8.9 billion, a significant jump from the $6.7 billion last year.

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Crypto compliance startup Notabene raises $10.2 million Series A

Jump Capital and F-Prime Capital led the round for the New York-based crypto regulatory compliance startup.

The post Crypto compliance startup Notabene raises $10.2 million Series A appeared first on The Block.

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Coinbase’s Q3 Crypto Trading Volumes to Be Key for Investors, Analysts Say

The largest U.S. cryptocurrency exchange has said investors should expect lower trading volume in the third quarter, given the decline in crypto prices during that period.

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Argo Blockchain hopes to raise $57.5 million for Texas mining facility via public offering

Argo plans to raise $57.5 million, which will be used in part to complete construction of its forthcoming 800-megawatt Texas mining facility.

The post Argo Blockchain hopes to raise $57.5 million for Texas mining facility via public offering appeared first on The Block.

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What Elon Musk’s $21B Tesla Sale Gambit Says About Markets

The Saturday tweet from Musk about the sale drove synthetic crypto-powered Tesla markets down 7%.

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Ethereum Layer 2 developer Matter Labs raises $50 million 

Matter Labs, the project behind the Ethereum Layer 2 technology zkSync, has raised $50 million in a Series B funding round led by a16z.

The post Ethereum Layer 2 developer Matter Labs raises $50 million  appeared first on The Block.

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Coinbase Users Can Now Access Their Wallet on Desktop Via a Standalone Browser Extension

The offering comes amid an increase in the use of self-custody wallets.

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Federal Reserve governor Randy Quarles will step down at the end of December

Having ended his term as vice chair for supervision, Randy Quarles is leaving the Fed’s board altogether next month.

The post Federal Reserve governor Randy Quarles will step down at the end of December appeared first on The Block.

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