Day: October 13, 2021

ETF postponed

CFRA: Bitcoin Futures ETF Maybe Postponed Until 2022

According to Todd Rosenbluth, CEO of ETF, crypto-asset investors may have to wait longer for a Bitcoin futures exchange product. Speaking to CNBC’s “ETF Edge” on October 12, Todd noted that the Bitcoin futures product would be the first crypto ETF approved. However, the current somewhat confusing situations could be the cause of further delays. …

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Facebook Wallet

Facebook Wallet Engineers At A16z Crypto Fund

A16z, a famous venture capital company in the crypto sector, has hired elite engineers working on Facebook’s digital asset fund’s digital currency business. According to the latest CNBC report, Riyaz Faizullabhoy and Nassim Eddequiouaq have moved from Facebook to the A16z. They worked for two years on the social media giant digital wallet. In the …

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Bitcoin Legal Tender

BitMEX CEO Estimates Bitcoin Will Be Legal Tender

Countries in the developing world will soon follow El Salvador’s moves and make Bitcoin (BTC) legal tender, BitMEX CEO Alexander Höptner recently foretold. In an Oct. 6 blog post, Höptner showed support for El Salvador adopting Bitcoin as legal tender in September. This foretold that developing countries would be leading the way in Bitcoin adoption. …

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Facebook fans

Facebook’s Outage Has Users Rethinking How They Make Money Online

CNBC talked with ten online creators and small business owners who practice Facebook, its Instagram or WhatsApp services, or a mixture of all three. Each of their expected losses throughout Facebook’s blackout varied from a few hundred dollars to over $5,000 from sales, affiliate links, sponsored posts, and product launches. It’s a display of just how …

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Asian shares

Asian Shares on Edge amid Inflation Fears

Worries about soaring power prices fuelling inflation were causing Asian shares to become edgy on Wednesday. These concerns weighed on sentiment and expectations that the United States would taper its emergency bond buying programme were heightened.  Moreover, these have kept the dollar at a one-year high.  In most markets, stock movements were muted. Chinese blue …

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