Major cryptocurrencies held support levels after last week’s drop to post slight gains on Monday morning after a largely flat weekend.Bitcoin (BTC) held on to its $41,000 support level after last week’s sell-off, which was led by the release of the minutes of the U.S. Federal Reserve’s December 2021 meeting. The minutes of the meeting suggested that the Fed will end its record … [Read more...] about Avalanche, Polygon See Slight Gains as Crypto Markets Remain Flat
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ProShares Bitcoin Futures ETF Wins ‘First Mover Advantage’ as VanEck Launch Falls Flat
VanEck investments’ newly listed bitcoin futures exchange-traded fund (ETF) saw limited uptake when it launched last week. Some analysts say that’s unsurprising because a rival bitcoin futures ETF launched by ProShares several weeks earlier appears to have enjoyed a first-mover advantage.As of Friday, the ProShares Bitcoin Strategy ETF (stock ticker BITO) had net assets of $1.4 … [Read more...] about ProShares Bitcoin Futures ETF Wins ‘First Mover Advantage’ as VanEck Launch Falls Flat