Search
Vaneck Unveils 15 Crypto Predictions: Spot Bitcoin ETF Approvals, US Recession, BTC’s Historic Rally
10.12.2023
Asset management firm Vaneck has unveiled its 15 crypto predictions for 2024. They include the U.S. recession’s arrival, the approvals of spot bitcoin exchange-traded funds (ETFs) by the Securities and Exchange Commission (SEC), and bitcoin’s historic rally, “potentially...
Jack Dorsey’s Block Launches Bitkey: A New Self-Custody Bitcoin Wallet With No Seed Phrases
9.12.2023
Block, Inc. has recently introduced Bitkey, its innovative self-custody bitcoin wallet, offering a unique approach to bitcoin management. Unlike traditional wallets which rely on passwords or seed phrases, Bitkey utilizes a distinctive 2-of-3 multi-signature mechanism for recovery. Bitkey Wallet...
Bitcoin ETF in Q1 and Bitcoin Price All-Time High in Q4: VanEck Predictions 2024
8.12.2023
Source: DALL·E VanEck, a prominent investment management firm, has released a set of 15 cryptocurrency predictions for the year 2024, casting a spotlight on potential significant developments in the digital asset space. The firm’s report offers a detailed outlook, highlighting key predictions...
Binance Withdraws Application for Abu Dhabi License, Reassessing Compliance Needs
8.12.2023
Source: Pixabay / satheeshsankaran Binance has officially withdrawn its application for a financial license in Abu Dhabi, according to Reuters. This move is indicative of the exchange’s ongoing reassessment of its global operations and licensing requirements. The application, submitted by...
Cathie Wood’s Ark Invest Continues to Dump Coinbase and GBTC Shares
7.12.2023
Source: Ark Invest Cathie Wood’s Ark Invest continues its selling spree of shares of the largest US-based crypto exchange, Coinbase, amid the ongoing crypto rally. Ark Invest Daily reported that the fund management firm offloaded $24.2 million worth of Coinbase shares and $3.4 million worth...
21Shares COO Departs, CEO Hany Rashwan Reassures Firm Has Transition Plan
7.12.2023
Source: Nasdaq / Instagram Switzerland-based exchange traded product (ETP) firm 21Shares has confirmed its chief operating officer Lucy Reynolds, has left the firm. Before joining 21Shares Reynolds was head of product management at WisdomTree and joined 21Shares in 2020 – Reynolds was unavailable...
Why Are Pros Craving a Spot Bitcoin ETF?
6.12.2023
The fundamentals of investing give an answer, and the impact from BTC ETFs from the likes of BlackRock and Fidelity could be huge
Trading Volumes of Crypto Assets Under Management Averaged $481 Million Daily in November: Report
6.12.2023
Source: Pixabay / Michael Wuensch The digital asset market has recorded massive bullish activity in recent weeks with the prices of most cryptocurrencies soaring to positions not seen in over 18 months. Aside from asset prices, decentralized finance (DeFi) activities are also high in terms...
BlackRock and Bitwise Update Bitcoin ETF Filings with SEC
5.12.2023
Source: Pixabay / xresch BlackRock and Bitwise have recently updated their filings for spot Bitcoin exchange-traded funds (ETFs) with the U.S. Securities and Exchange Commission (SEC). These frequent amendments may signal pivotal progress. In its most recent updated submission, BlackRock, the asset...
Chinese Firms Can Now Make Digital Yuan Housing Fund Payments
4.12.2023
Chinese firms can now use the digital yuan to pay into employee housing funds, as the nation’s banks look for new CBDC applications. Per the Guangzhou Daily (via the Guangzhou government’s website), the Guangzhou Housing Provident Fund Management Center has “launched digital yuan remittance...
Will Bitcoin Futures ETFs Crumble After Spot ETF Approval? Interview With ProShares
2.12.2023
Source: Adobe Stock As Bitcoin (BTC) surged passed $38,000 in November, the ProShares Bitcoin Strategy ETF (BITO) has tapped a new all-time high for assets under management (AUM). On Tuesday, the fund’s Bitcoin futures contracts reached a record $1.47 billion in value. That’s up from $1.1 billion...
Blockchain Experts Meet With Colombian President to Discuss Technology’s Use Cases
1.12.2023
Samson Mow, CEO of JAN3, and other blockchain experts, met with Colombian President Gustavo Petro to discuss the possible uses blockchain and bitcoin tech could have to help modernize the management of certain institutions of the Colombian state. Colombian President Gustavo Petro Discusses...
World's Largest Bitcoin Futures ETF Breaks 2021 Record Highs for Assets Under Management
30.11.2023
ProShares' BITO now has $1.47 billion in holdings, as a flurry of bitcoin ETF applications in the U.S. seemingly spurs institutional interest in the asset
Grayscale Proposes GBTC Fund Amendment as Spot Bitcoin ETF Looms
30.11.2023
Source: Adobe / Ascannio Grayscale, the manager of the Grayscale Bitcoin Trust (GBTC), has proposed amendments to the trust’s agreement in preparation for a potential uplisting to a spot Bitcoin (BTC) exchange-traded fund (ETF). The move aims to align GBTC’s structure with other...
VeChain expands its status in food security & waste management
29.11.2023
VeChain recently tweeted about being featured in another academic paper. The network was showcased as a prime example of blockchain use cases. The network has made significant progress in the domains of food security and waste management and has published a scholarly article titled “A...
Nine Blocks Relocates HQ to Dubai, First Crypto Hedge Fund to Obtain VASP License from VARA
27.11.2023
Nine Blocks Capital Management has become the first crypto hedge fund to obtain a Virtual Asset Management and Investment Services license from Dubai’s Virtual Assets Regulatory Authority (VARA), the company announced in a press release Monday. The next global hub Established in February...
Digital Asset Funds Record $346 Million Inflows as Assets Under Management Surge Past $45.3 Billion
27.11.2023
Source: Adobe / Luisa Cryptocurrency products recorded a massive $346 million in weekly inflows, marking the highest figure in the past nine weeks of consecutive gains. A CoinShares Digital Asset Fund Flows Weekly Report shows a growing bullish sentiment in the market after positive signs from...
Immediate GPT Review – Scam or Legitimate Trading Software
27.11.2023
Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content Immediate GPT is a recently launched crypto trading system that promises to help people streamline their trading experience via a portfolio management platform. This platform, the website...
Hong Kong’s Victory Securities to Offer Digital Asset Services in Retail Markets
24.11.2023
Source: Pixabay Hong Kong’s investment management firm, Victory Securities has obtained approval to offer digital asset services to retail clients expanding the country’s number of cryptocurrency licences. In a Nov 24 press release, the company made the announcement that it obtained a license from...
Tokenization of Investment Funds Now Permitted in the UK – Adoption on the Rise?
24.11.2023
Source: Pexels UK investment funds have received the green light for tokenization, marking a strategic move to harness blockchain technology within the asset management sector. This approval was disclosed in a press release by The Investment Association, a renowned trade body in the industry,...