Posted in Crypto News

Launch Bitcoin ETF

Fidelity Asset Manager, files with U.S.SEC to launch a bitcoin exchange-traded fund (ETF), tagged The Wise Origin Bitcoin ETF.

The filling reveals that FD Funds Management LLC is sponsoring the fund as an administrator alongside Fidelity service Company, Inc.

Fidelity Digital Assets will custody the Exchange-traded fund.

The ETF will provide direct exposure to bitcoin, and the shares will be evaluated by the shared performance of the Fidelity Bitcoin Index PR.

Posted in Crypto News

App Lolli

The Crypto startup announced today that it has raised a $5 million pre-Series, a funding round that would interest investors.

Alexis Ohanian, Serena Williams and others helped build this round.

Unlike other apps, Lolli is in the affiliate business. It rewarded over 250,000 users with Bitcoin for shopping. They also have recorded about $3 million worth of Bitcoin rewarded to its users.

Posted in Crypto News

Flare (FLR) on Cardano(ADA)

The team behind the much-anticipated Flare(FLR) considers to integrate DA with majority of FLR enthusiasts ready to see ADA added as an F-asset.

Earlier this year, the referendums also have approved the additions of F-Doge and F-LTC tokens.

Also, Majority of Flare Twitter followers are certain of ADA’s success on Flare and solves issues of both liquidity and decentralized applications interoperability. FLR tokens will be airdropped to all the Dec 12 2020 participants.