Bitcoin
Valor Inc., a subsidiary of DeFi Technologies, introduces the world’s first and only yield-bearing Bitcoin (BTC) ETP in collaboration with the Core Foundation, to German investors at Börse Frankfurt, offering exposure to Bitcoin with a yield of 5.65%
- Yield-Bearing Bitcoin (BTC) ETP Launch at Börse Frankfurt: Valor Inc. and Core Foundation Collaborate to Introduce the World’s First Yield Bitcoin (“BTC”) ETP on the Frankfurt Stock Exchange, previously launched on the Nordic Growth Market (“NGM”) with a management fee of 1.9%, offering German investors exposure to Bitcoin with a yield of 5.65%.
- Powering Value Bitcoin Staking (BTC) EUR ETP with Core Blockchain: The Core blockchain network, powered by Bitcoin, forms the basis for Value Bitcoin Staking (BTC) EUR ETP (ISIN: CH1213604544), providing Ethereum Virtual Machine (“EVM”) compatibility and the innovative Satoshi Plus consensus mechanism to increase security and scalability.
- Investing made simple with Value Bitcoin Staking (BTC) EUR ETP: Bitcoin Staking Value (BTC) EUR ETP streamlines Bitcoin investing by delegating Bitcoins to Core validators, the yield is attributed to the Net Asset Value (“NAV”) daily. This innovative product ensures custody control and security while offering investors substantial yields without requiring them to sell or trade their Bitcoin holdings.
TORONTO, June 18, 2024 /PRNewswire/ – DeFi Technologies Inc.Company” or “DeFi Technologies“) (CBOE CA: DEFI) (GR: R9B) (OTC: DEFTF), a financial technology company pioneering the convergence of traditional capital markets with the world of decentralized finance (“DeFi“), is pleased to announce that its subsidiary Valor Inc. (“Valentia“), a leading issuer of exchange-traded products (“ETPs“) that provide simplified access to digital assets, introduced the world’s first and only yield-earning Bitcoin (“BTC”) ETP for German investors in collaboration with the Central Foundationan organization dedicated to the development of the Core blockchain network (“Central Jail“). This offer offers German investors exposure to Bitcoin with an annualized yield of 5.65% available on the Börse Frankfurt exchange. Bitcoin Staking Value (Bitcoin) EUR ETP was previously introduced to the growing Nordic market (“NGM“) on May 10, 2024.
Introducing the World’s First Yielding Bitcoin (BTC) ETP (CNW Group/DeFi Technologies Inc.)
The Core blockchain network is a Bitcoin-powered layer-one blockchain for EVM-compatible smart contracts. With 50% of Bitcoin mining hash power contributing to the security of the Core Chain in exchange for unlocking Bitcoin utilities and rewards, the Core Chain is the most Bitcoin-aligned Ethereum Virtual Machine (“EVM”) blockchain (BTCfi, Bitcoin staking and more).
Bitcoin Staking Value Trading (Bitcoin) EUR ETP (ISIN: CH1213604544) started on June 13, 2024, with a management fee of 1.9%, following its previous debut in Sweden. This innovative ETP allows investors to gain exposure to Bitcoin while receiving a remarkable 5.65% annualized yield, all without the need to sell or trade Bitcoin directly.
Bitcoin Staking Value (Bitcoin) The EUR ETP simplifies investing in the world’s best-known digital asset, making it easier and safer for investors to participate in Bitcoin’s appreciation potential. Income is attributed to the Net Asset Value (“NAV“) daily, providing income to investors without the need to sell or trade their Bitcoin holdings.
Bitcoin Staking Value (Bitcoin) EUR ETP generates yield by delegating Bitcoins to a validator on the Core Chain through native, non-custodial Bitcoin staking. Staking Bitcoins receive staking rewards in the form of CORE tokens, which are then reinvested into the product. Core Chain, the underlying blockchain, is a Bitcoin-powered, decentralized, secure, and scalable layer-1 blockchain compatible with the Ethereum Virtual Machine (EVM). It is supported by Bitcoin Proof of Work (““Blow”) through a unique consensus mechanism known as ‘Satoshi Plus’. This mechanism allows Bitcoin miners to delegate their PoW (“DPoW“) to Core validators without affecting their future Bitcoin rewards, thus unlocking the potential of Bitcoin-secured decentralized applications.
Despite involvement in Bitcoin staking, security remains intact. Custodial control is maintained while income is generated. Bitcoins are staked through a specific type of native Bitcoin transaction called a “staking transaction,” which includes a lock-in period and Core Chain staking details such as the Core Validator and Core reward address. During the lock-up period, Bitcoins cannot be transferred or hacked. Only the owner will be able to transfer the Bitcoins when the lock-in period expires.
“We are excited to introduce the world’s first and only yield-bearing Bitcoin ETP to German investors, offering an unprecedented opportunity to gain exposure to Bitcoin while earning a substantial yield,” said Olivier Roussy Newton, CEO of DeFi Technologies.
“Bitcoin Staking Value (Bitcoin) EUR ETP embodies our commitment to innovation in the digital asset space, providing investors with a secure and seamless way to participate in Bitcoin’s growth potential, while also offering a new investment path to engage with the world’s leading cryptocurrency. world.” added Marco A. Infuso, Chief Sales Officer at Valor Inc.
“The Core Foundation is excited to collaborate with Valor Inc. to launch the world’s first yield-bearing Bitcoin ETP. This innovative product brings BTCfi to a wider audience and sustainable yield for Bitcoin holders. Investors can now earn yield while maintaining exposure to Bitcoin. This is made possible by non-custodial Bitcoin staking, which helps secure the Core blockchain. The Core Foundation is proud to be the first and most trusted ecosystem to power these new offerings, underscoring the Core Chain’s position. as the blockchain most aligned with Bitcoin,” said the Core contributor. Brendon Sedo.
About DeFi technologies
DeFi Technologies Inc.CBOE CA: DEFI) (GR: R9B) (OTC:DEFTF) is a financial technology company pioneering the convergence of traditional capital markets with the world of decentralized finance (DeFi). With a dedicated focus on industry-leading Web3 technologies, DeFi Technologies aims to provide investors with broad access to the future of finance. Supported by a renowned team of experts with extensive experience in financial markets and digital assets, we are committed to revolutionizing the way individuals and institutions interact with the evolving financial ecosystem. Join the DeFi Technologies digital community at Linkedin It is Twitterand for more details, visit https://defi.tech/
About Value
Valor Inc. and Valor Digital Securities Limited (together, “Valentia“) issues exchange-traded products (“ETPs”) that allow institutional and retail investors to access digital assets like Bitcoin in a simple and secure way through their traditional bank account. Valor is part of DeFi Technologies Inc.’s asset management business line.CBOE CA: DEFI) (GR: R9B) (OTC:DEFTF).
In addition to its new physically-backed digital asset platform, which includes 1Value Bitcoin Physical Carbon Neutral ETP, 1Physical Staking Ethereum ValueIt is 1Valor Internet Computer Physical Staking, Valor offers fully hedged digital asset ETPs with low or zero management fees, with product listings on European exchanges, banks and brokerage platforms. Valor’s existing product range includes Valor Uniswap (UNI), Cardano (ADA), Polka dot (POINT), Solana (SUN), Avalanche (AVAX), Cosmos (ATOM), Binance (BNB), Ripple (XRP), Toncoin (TONNE), Internet Computer (PIC), Chain link (LINK) Enjin (ENJ), Bitcoin Staking Value (Bitcoin), Bitcoin Carbon Neutral (BTCN), Basket of Digital Assets Value 10 (VDAB10) It is 1Value STOXX Bitcoin Suisse Digital Asset Blue Chip ETPs with low administration fees. Valor’s flagship products are Bitcoin Zero and Ethereum Zero, the first passive investment products fully hedged in Bitcoin (Bitcoin) and Ethereum (ETH) as completely fee-free underlyings.
For more information about Valor, to subscribe, or to receive updates and financial information, visit valor.com.
About the Central Jail
The Core blockchain network is a Bitcoin-powered layer-one blockchain for EVM-compatible smart contracts. With 50% of Bitcoin mining hash power Contributing to Core security in exchange for unlocking Bitcoin utilities and rewards, Core is the most Bitcoin-aligned EVM blockchain (BTCfi, Bitcoin staking, and more). This innovation has amassed a massive community of 2.2 million Twitter followers and 250,000 Discord members, which has translated into millions of core adopters, over 15 million unique addresses, and 230 million transactions since its mainnet launch. in January 2023.
Cautionary Note Regarding Forward-Looking Information: This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, future development and listings of ETPs; Bitcoin staking within the Core Chain; income generated by ETP Valor Bitcoin Staking (BTC); Bitcoin’s growth potential; the regulatory environment with regard to the growth and adoption of decentralized finance; the pursuit by DeFi Technologies and its subsidiaries of business opportunities; and the merits or potential returns of such opportunities. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, level of activity, performance or achievements, as applicable, to be materially different from those expressed or implied by such forward-looking information. Such risks, uncertainties and other factors include, but are not limited to, the acceptance of Valor ETPs by exchanges and regulatory authorities; growth and development of the DeFi and cryptocurrency sector; rules and regulations relating to DeFi and cryptocurrency; general business, economic, competitive, political and social uncertainties. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company undertakes no obligation to update any forward-looking information except in accordance with applicable securities laws.
CBOE CANADA EXCHANGE ACCEPTS NO RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE
SOURCE DeFi Technologies Inc.
Bitcoin
Bitcoin (BTC), Stocks Bleed as China’s Surprise Rate Cut Signals Panic, Treasury Yield Curve Steepens
Risk assets fell on Thursday as China’s second rate cut in a week raised concerns of instability in the world’s second-largest economy.
Bitcoin (BTC)the leading cryptocurrency by market cap, is down nearly 2% since midnight UTC to around $64,000 and ether (ETH) fell more than 5%, dragging the broader altcoin market lower. The CoinDesk 20 Index (CD20), a measure of the broader cryptocurrency market, lost 4.6% in 24 hours.
In equity markets, Germany’s DAX, France’s CAC and the euro zone’s Euro Stoxx 50 all fell more than 1.5%, and futures linked to the tech-heavy Nasdaq 100 were down slightly after the index’s 3% drop on Wednesday, according to the data source. Investing.com.
On Thursday morning, the People’s Bank of China (PBoC) announced a surprise, cut outside the schedule in its one-year medium-term lending rate to 2.3% from 2.5%, injecting 200 billion yuan ($27.5 billion) of liquidity into the market. That is the biggest reduction since 2020.
The movement, together with similar reductions in other lending rates earlier this week shows the urgency among policymakers to sustain growth after their recent third plenary offered little hope of a boost. Data released earlier this month showed China’s economy expanded 4.7% in the second quarter at an annualized pace, much weaker than the 5.1% estimated and slower than the 5.3% in the first quarter.
“Equity futures are flat after yesterday’s bloody session that shook sentiment across asset classes,” Ilan Solot, senior global strategist at Marex Solutions, said in a note shared with CoinDesk. “The PBoC’s decision to cut rates in a surprise move has only added to the sense of panic.” Marex Solutions, a division of global financial platform Marex, specializes in creating and distributing custom derivatives products and issuing structured products tied to cryptocurrencies.
Solot noted the continued “steepening of the US Treasury yield curve” as a threat to risk assets including cryptocurrencies, echoing CoinDesk Reports since the beginning of this month.
The yield curve steepens when the difference between longer-duration and shorter-duration bond yields widens. This month, the spread between 10-year and two-year Treasury yields widened by 20 basis points to -0.12 basis points (bps), mainly due to stickier 10-year yields.
“For me, the biggest concern is the shape of the US yield curve, which continues to steepen. The 2- and 10-year curve is not only -12 bps inverted, compared to -50 bps last month. The recent moves have been led by the rise in back-end [10y] yields and lower-than-expected decline in yields,” Solot said.
That’s a sign that markets expect the Fed to cut rates but see tighter inflation and expansionary fiscal policy as growing risks, Solot said.
Low liquidity, regulatory uncertainty and speculative behavior contribute to inefficiency in crypto markets. But systematic approaches, including momentum indices, can reduce risks for investors, says Gregory Mall, head of investment solutions at AMINA Bank.
Low liquidity, regulatory uncertainty and speculative behavior contribute to inefficiency in crypto markets. But systematic approaches, including momentum indices, can reduce risks for investors, says Gregory Mall, head of investment solutions at AMINA Bank.
Low liquidity, regulatory uncertainty and speculative behavior contribute to inefficiency in crypto markets. But systematic approaches, including momentum indices, can reduce risks for investors, says Gregory Mall, head of investment solutions at AMINA Bank.
July 24, 2024, 5:30 p.m.
Updated July 24, 2024, 5:35 p.m.
(Benjamin Cheng/Unsplash)
Fuente
Bitcoin
India to Release Crypto Policy Position by September After Consultations with Stakeholders: Report
“The policy position is how one consults with relevant stakeholders, so it’s to go out in public and say here’s a discussion paper, these are the issues and then stakeholders will give their views,” said Seth, who is the Secretary for Economic Affairs. “A cross-ministerial group is currently looking at a broader policy on cryptocurrencies. We hope to release the discussion paper before September.”
Ether, the second-largest token, fueled a slide in digital assets after a stock rout spread unease across global markets.
Ether fell about 6%, the most in three weeks, and was trading at $3,188 as of 6:45 a.m. Thursday in London. Market leader Bitcoin fell about 3% to $64,260.
Powell: Crypto is about to explode! (Trump Back Back!)
Catie Wood: Don’t panic your cryptocurrency: was this the beating of final bitcoin?
2025 The collapse of the market has already started! Bitcoin Black Swan Deepseek is not what you think!
BOMB: I just found out what is REALLY happening to cryptocurrencies
“Because hello, boss.” #cripto
Bitcoin Price AFTER Halving REVEALED! What’s next?
Bitcoin Could Test Record Highs Next Week in ETF Flows, Says Analyst; Coinbase appears in the update
Are cryptocurrencies in trouble? Bitcoin Insider Reveals “What’s Next?”
Cryptocurrency Crash Caused by THIS…
The REAL reason why cryptocurrency is going up!
Powell: Crypto is about to explode! (Trump Back Back!)
Catie Wood: Don’t panic your cryptocurrency: was this the beating of final bitcoin?
2025 The collapse of the market has already started! Bitcoin Black Swan Deepseek is not what you think!
BOMB: I just found out what is REALLY happening to cryptocurrencies
“Because hello, boss.” #cripto
-
Videos9 months agoBitcoin Price AFTER Halving REVEALED! What’s next?
-
Bitcoin9 months agoBitcoin Could Test Record Highs Next Week in ETF Flows, Says Analyst; Coinbase appears in the update
-
Videos9 months agoAre cryptocurrencies in trouble? Bitcoin Insider Reveals “What’s Next?”
-
Videos9 months agoCryptocurrency Crash Caused by THIS…
-
Videos8 months agoThe REAL reason why cryptocurrency is going up!
-
Videos9 months agoBlackRock Will Send Bitcoin to $116,000 in the Next 51 Days (XRP News)
-
Altcoin8 months agoThe best Altcoins to buy before they rise
-
News9 months agoCryptocurrency exchanges Binance and KuCoin register with India’s financial intelligence unit as cryptocurrency credibility improves
-
Videos9 months agoDonald Trump: I like Bitcoin now! Joe Biden HATES cryptocurrencies.
-
News9 months agoTON, AKT, AR expect increases of 15%+ as the market stabilizes
-
Videos8 months agoSolana Cryptocurrencies: the future WILL SHOCK you | What comes next?
-
Videos8 months agoBitcoin Whale REVEALS: The 5 Best Coins to Make You a Millionaire!