Bitcoin arrives on Cosmos with Nomic nBTC upgrade

An upgrade that brings Bitcoin (BTC) into the Cosmos ecosystem has been completed, according to various announcements on Oct. 31. Cosmos announced in a tweet that its Inter-Blockchain Communication Protocol (IBC) can now transfer nBTC — a token that represents 1:1 ownership of Bitcoin.

Timeline of Cosmos, Bitcoin

Tim Draper, a prominent tech venture capitalist known for his early backing of groundbreaking technologies, has shared insights on his investment in Bitcoin and the transformative potential of this digital currency.

Coinbase Financial Markets (CFM) introduced regulated leveraged crypto futures for its U.S. customers Wednesday, now available to Coinbase Advanced users. The trading platform currently offers nano-sized contracts at one-hundredth of a bitcoin and one-tenth of an ethereum. Coinbase Financial Markets Rolls Out Crypto Futures for U.S.

In a recent development, another proposed Spot Bitcoin ETF has been listed on the Depository Trust and Clearing Corporation's (DTCC) website, becoming the second proposed Spot Bitcoin ETF to appear on the corporation's website. BTCO Joins IBTC On DTCC Website The Invesco Galaxy Bitcoin ETF under the ticker ‘BTCO' recently appeared on the DTCC website, joining BlackRock's spot Bitcoin ETF, which goes under the ticker ‘IBTC' as uncertainty around a possible approval of these funds continues to heighten.

Invesco and Galaxy's spot Bitcoin (BTC) exchange-traded fund (ETF) ticker BTCO has appeared on the website of the U.S. Depository Trust and Clearing Corporation (DTCC). While it was unclear when the listing occurred, Web archive records suggest it happened after Oct. 25.

In a recent development, Invesco and Galaxy Digital, two prominent players in the investment world, have taken significant steps with their joint Bitcoin ETF application. BTCO, their proposed ticker, has been spotted on the Depository Trust and Clearing Corporation's (DTCC) website.

The crypto prices today started the month on a positive note, continuing its rally from October. The latest upward momentum in the crypto market has been in line with the “Uptober” sentiment, which is generally witnessed in the digital asset space.

Bitcoin price rallied throughout October 2023 with ETF Buzz, marking another profitable month for BTC holders. Now, the next halt is on the upcoming US Federal Reserve interest rate decision that can potentially make or break Bitcoin's price rally. In just 24 hours span, Bitcoin saw a modest 0.5% increase, now trading at $34,530.02.

A recent CoinShares report indicates that digital asset and crypto investment products experienced a notable surge in inflows last week, reaching their highest point since July 2022.

The UAE's crypto investors, according to a survey by KuCoin, are overwhelmingly in favor of Bitcoin, highlighting the need for trust, security, and crypto education, as well as a keen interest in blockchain and AI integration, indicating the country's potential as a crypto hub.

On the 15th anniversary of Satoshi Nakamoto publishing the Bitcoin white paper, Modern Consensus has gathered a selection of tributes – a mix of the poignant, the thought provoking and since SEC Chair Gensler felt the need to get in on the act, the clownish. Bitcoin Magazine One of the very first publications devoted to Bitcoin, it was co-founded in 2012 by a 17-year-old Vitalik Buterin, whose father had piqued his interest in the young technology the year before and who went on to invent Ethereum, announcing it in his own white paper in November 2013.