Options on Bitcoin BTC$61,113.46 exchange-traded funds (ETFs) are likely to launch in the United States by the first quarter of 2025, according to James Seyffart, a Bloomberg Intelligence analyst. “I think before the end of the year is possible for options, but more likely in Q1 2025,” Seyffart said during an Oct. 9 panel discussion at the…

Taiwan is looking to advance institutional cryptocurrency adoption as local regulators aim to pilot crypto storage services through local banks. The Financial Supervisory Commission (FSC) of Taiwan is preparing to launch an institutional trial of crypto custody services, local media Central News Agency reported on Oct. 8. While the FSC reportedly expects to start collecting applications in…

Minima introduces the embedded blockchain to the DePIN ecosystem, allowing nodes to work on any device thanks to its lightweight design. Proof-of-work (PoW) is the original blockchain consensus mechanism of the Bitcoin network and is widely praised for its security. However, the security of PoW chains is ensured by spending gigantic amounts of energy. The energy-intensive…