21shares to Launch Bitcoin ETP for Institutional Investors in the UK
Switzerland-based 21shares announced it’s going to offer its crypto exchange-traded product (ETP) to institutional investors in Britain. The platform said...
Month: June 2021
As Crypto Interest Winds Down Bitcoin’s Daily Transaction Rate Plummets to Two-Year Lows
Onchain data indicates that bitcoin transactions per day have plummeted to lows not seen since October 2018. Further, bitcoin transaction...
Donald Trump Detests Bitcoin, Calls BTC a Scam, Wants Heavy Crypto Regulation
Former U.S. President Donald Trump says he does not like bitcoin because it is a currency that competes with the...
Asset Managers Could Violate Fiduciary Duty If They Don’t Consider Bitcoin, Says Finance Professor
A professor of finance and business economics at the University of Southern California says that asset managers focusing on growth...
Record $141M outflow from Bitcoin products signals institutions are bearish on BTC: CoinShares
Institutional investors withdrew a record $141 million from Bitcoin investment products this past week. The latest report from analytics firm...
Theta and Theta Fuel (TFUEL) soar ahead of June 30 mainnet launch
THETA and TFUEL rallied more than 50% as investors anticipate the upcoming Mainnet 3.0 launch. Major protocol upgrades can play...
BTC price doesn’t care about El Salvador? 5 things to watch in Bitcoin this week
News of a major adoption move has no impact on lackluster BTC price action prior to government approval — can...
Bitcoin price is fragile, but on-chain data points to fresh accumulation
On-chain data shows long-term holders are back in accumulation mode after the recent shake-out cleared network congestion and shook out...
US officials recover $2.3M in crypto from Colonial Pipeline ransom
Government officials did not specify the exact method used to seize the funds from the ransomware group. Officials with a...
Small countries are punching above their weight in terms of Bitcoin gains
Chainalysis tracked total U.S. dollar gains made by Bitcoin investors in 2020. The country comparison was drawn from an analysis...
Bears batter Bitcoin market sentiment as Bitfinex margin shorts surge 378%
The latest rally in BTC shorts is similar to what appeared ahead of the Elon Musk-led May 19 market crash....
Two-Fifths of Australian Millennials Prefer Crypto Investments Over Real Estate
A report published by the cryptocurrency exchange Kraken shows that two-fifths of Australian millennials prefer to invest in cryptocurrency assets...
El Salvador Offers No Capital Gains Tax, Permanent Residence to Crypto Entrepreneurs
Nayib Bukele, president of El Salvador, has weighed in the future of his country now that there is a formal...
While China’s Bitcoin Miners Flock to Central Asia Canaan Sets up ASIC Mining Rig Service in Kazakhstan
On Monday, the application-specific integrated circuit (ASIC) manufacturer Canaan Inc. announced the company has established an overseas after-sales center in...
US Senators Call for Increased Measures to Regulate and Trace Cryptocurrencies
Two U.S. senators have urged lawmakers to increase measures to regulate cryptocurrencies, including how to trace cryptocurrency transactions, in order...
