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UK Financial Watchdog Limits UK Crypto ETNs to Professional Investors Only
11.3.2024
The UK's financial regulator will allow recognized exchanges to launch crypto asset exchange-traded notes. Only professional investors, like investment firms and authorized credit institutions, will have access to these products.
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Crypto Billionaire Arthur Hayes and BRC-20 Creator Domo Invest in Bitcoin Ordinals Wallet Oyl’s $3M Raise
8.3.2024
BitMEX founder and American crypto billionaire Arthur Hayes joined anonymous developer Domo, creator of the Bitcoin BRC-20 token standard, in a $3 million pre-seed funding round for Bitcoin Ordinals wallet Oyl. Crypto asset manager Arca led the round. Other backers include Kanosei and FlamingoDAO....
Pantera Capital in Quest for Funds to Acquire Solana from Bankrupt FTX Estate
8.3.2024
Crypto asset manager Pantera Capital is seeking funding from major investors to purchase Solana (SOL) tokens at a discounted rate from the bankrupt FTX estate.
The post Pantera Capital in Quest for Funds to Acquire Solana from Bankrupt FTX Estate appeared first on Cryptonews
Crypto Asset Manager 21Shares Surpasses $5 Billion in AUM
6.3.2024
Crypto asset manager 21Shares has surpassed $5 billion in Assets Under Management (AUM) amid market rebound.
The post Crypto Asset Manager 21Shares Surpasses $5 Billion in AUM appeared first on Cryptonews
Corporations Haven’t Even Begun Buying Bitcoin ETFs: Bitwise
6.3.2024
Demand for Bitcoin ETFs is only beginning to ramp up, with some of the market's largest players yet to begin buying, according to crypto asset manager Bitwise.
The post Corporations Haven’t Even Begun Buying Bitcoin ETFs: Bitwise appeared first on Cryptonews
Grayscale’s Bitcoin Holdings Drop by 33%, Totaling $9.26 Billion Since ETF Conversion
5.3.2024
Grayscale, the world's largest crypto asset manager, has experienced a significant decrease in its Bitcoin (BTC) holdings since converting its Grayscale Bitcoin Trust (GBTC) into an exchange-traded fund (ETF) in mid-January.
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Portofino Technologies Obtains FCA’s Approval to Offer Crypto Services
28.2.2024
Portofino Technologies has announced that its UK entity received the regulatory permit to act as a registered crypto asset firm.
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Ether is Now the Largest Institutional Crypto Asset: Bybit Research
26.2.2024
Ether is now the largest single asset held by institutions, with Bybit speculating that this may be because of an upward swing from the Dencun upgrade
South Africa Regulators to Unveil Document Categorizing Stablecoins as a ‘Particular Type of Crypto Asset’
26.2.2024
In 2024, the Intergovernmental Fintech Working Group, a consortium of South African regulators that unveiled a position paper on crypto assets in 2021, is expected to “publish additions to include stablecoins as a particular type of crypto asset.” The consortium is also considering...
Japanese Blockchain Gaming Community Seeks Political Support to Boost Crypto Liquidity
21.2.2024
The Japanese blockchain gaming community has reached out to the Liberal Democratic Party (LDP) in an effort to enhance liquidity in Japan's crypto asset market.
The post Japanese Blockchain Gaming Community Seeks Political Support to Boost Crypto Liquidity appeared first on Cryptonews
Digital wallets: Empowering crypto asset management & security
15.2.2024
Cryptocurrencies have gained tremendous popularity worldwide, providing secure storage solutions and payment systems across different sectors, industries, and nations. In cryptocurrencies and digital assets, wallets play a crucial role in safeguarding and managing cryptocurrencies. A digital wallet...
Binance Payments Partner Banxa Makes Debut on UK Crypto Register
13.2.2024
The Financial Conduct Authority (FCA) added another crypto-focused firm to its famous crypto register on February 9. This time, it’s Banxa (BNXA)—the international fiat-processing payment company. Here’s what you need to know: Banxa UK Gets Greenlight from FCA for Crypto Activities...
Historic Inflows: Spot Bitcoin ETFs Attract Over $1 Billion in a Single Week
13.2.2024
The recent US SEC-approved Bitcoin ETFs collectively netted $1.1 billion in inflows last week, according to a new report by European crypto asset manager CoinShares. Total inflows into spot Bitcoin ETF products now amount to $2.8 billion since they hit the market on January 11. Institional hoarding...
Why Europe’s MiCA Raises the Barrier to Entry for Stablecoin Issuers
8.2.2024
The Markets in Crypto Assets Regulation (MiCA), due to take effect this year, is the European Union’s comprehensive crypto law. The legislation promises legal certainty, compliance challenges and global implications. MiCA’s primary goal will be to establish a unified rulebook for regulating...
FINRA-Registered Digital Asset Platform Prometheum to Launch Ether Custody Services
7.2.2024
Prometheum, the first U.S. special purpose broker-dealer authorized to custody, clear, and settle digital asset securities, disclosed that it is now providing custodial services for the cryptocurrency ethereum. This announcement arrives amidst a period where the prominent crypto asset, ethereum...
Weekly Crypto Roundup: Standouts From FLR, LINK and Stumbles From MANTA, and CFX
5.2.2024
In the span from Jan. 29 to Feb. 5, 2024, while bitcoin and ethereum have remained stagnant within their trading ranges, a selection of cryptocurrencies have enjoyed significant weekly upsurges, registering double-digit gains against the U.S. dollar. Specifically, flare, chainlink, and bittensor...
Digital Asset Investment Fund Record $708 Million Inflows as AUM Hit $53 Billion
5.2.2024
Digital asset investment funds have seen an increase in inflows across seven days following a market rebound after days of sell-offs. A new CoinShares Weekly Crypto Asset Flows Report shows massive inflows into Bitcoin (BTC) and other cryptocurrencies, raising yearly entries to $1.6 billion....
Bitcoin Technical Analysis: BTC Holds Steady Above $43K as Bulls Defend Support
5.2.2024
Bitcoin’s price is holding above the $43,000 range after bulls defended key support levels over the weekend. The leading crypto asset is up 2% week-to-date and 5.6% over the past two weeks. Bitcoin On the 1-hour chart, bitcoin’s price action shows a short-term uptrend, with higher lows...
Veteran Investor Jim Rogers on Crypto: Bitcoin Unlikely to Become Money, Governments Favor CBDCs
3.2.2024
In a new interview, Jim Rogers, who helms Rogers Holdings Inc. and was a co-creator of the Quantum Fund alongside George Soros in the 1970s, shared his observation of “various signs that something is going to go wrong soon” within the U.S. economy, predicting an impending recession....
Study: BTC Is the Most Popular Crypto Asset, Crypto Exchanges Among the Least Trusted Service Providers
29.1.2024
The data from the latest Coinover study suggests that 17% of the participants own cryptocurrency and 30% plan to do so in the coming year. About 50% of those interviewed said they were positive about their financial earnings, while 20% expressed dissatisfaction with the returns. More Than Half...