Day: 1 August 2022

Orbs & Polygon Announce Accelerator Program Participants

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Orbs & Polygon Announce Accelerator Program Participants

The DeFi development space is alive and well, with the newly announced accelerator program from Orbs & Polygon: DeFi.org. The group announced that four projects will get support from the program. The four projects are Ithil, Prophet, CURL, and reBaked. The DeFi space was hit hard by the downturn in global markets, but there is still a lot of great stuff happening on the development end of DeFi. In time, there will be amazing tech developed in the space, as people look for more financial freedom in a world where…

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Ethereum Surpasses Bitcoin in Futures Trading Volume

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Ethereum Surpasses Bitcoin in Futures Trading Volume

Ethereum’s futures trading volume has exceeded bitcoin’s. Currently, the ETH volume is at $11 billion and the BTC volume is at $10 billion. Ethereum may be due for many more milestones as the Proof-of-Stake transition edges closer. Ethereum’s futures trading volume has crossed that of bitcoin’s for the first time in about a year, according to information from Coinalyze. The switch first on July 24 with the ETH volume hitting $29 billion and BTC volume hitting $23 billion. The jump in the futures trading volume comes as the upcoming merge…

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Charles Schwab’s $655B Asset Management Arm to Start Trading Crypto-Related ETF This Week

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Charles Schwab’s $655B Asset Management Arm to Start Trading Crypto-Related ETF This Week

Charles Schwab’s $655 billion asset management arm is launching its first crypto-related exchange-traded fund (ETF). The new fund is expected to start trading this week on the NYSE Arca exchange. Charles Schwab Launches Its First Crypto-Related ETF Schwab Asset Management, a subsidiary of The Charles Schwab Corp., announced last week the launch of the Schwab Crypto Thematic ETF (NYSE Arca: STCE), calling the new product “its first crypto-related ETF.” Charles Schwab is a major American brokerage, banking, and financial services company. Schwab Asset Management currently has over $655 billion in…

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