Cryptocurrency Analysis and News Portal
Total assets under management in cryptocurrency funds tracked by CoinShares have been climbing – and could swell further as one or more U.S. bitcoin futures exchange-traded funds launch this week.Oct 18, 2021 at 4:50 p.m. UTCUpdated Oct 18, 2021 at 5:10 p.m. UTCCrypto funds assets under management and net new
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Nonfungible token (NFT) marketplace Rarible has introduced a new functionality titled “lazy minting” that promises users the ability to create nonfungible tokens at zero cost — all while enhancing environmental sustainability on the platform.Instead of the traditional method whereby data is stored on the blockchain immediately after minting, Rarible announced
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Bitcoin whales are not slowing down on their accumulation tour despite rising prices. Bitcoin has now hit $62K for the first time in five months and the market has rejoiced over this milestone. With more growth expected in the coming weeks, investors are making sure that they do not miss
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Furthermore, Canaccord’s Joseph Vafi said “after adding 600 petahash of new hydro-driven mining capacity in Quebec during Q2, all the pieces are coming together for the company to further, materially expand its hash rate capacity in 2022, leverating 200MW of cheap, Texas wind power and recently placed orders for new
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Ethereum's native token Ether (ETH) has rallied by more than 415% this year to over $3,800, and two major bullish patterns developing on its charts highlight the scope for another upside move, ultimately toward the $6,200-$6,500 price range.ETH price eyes $4K resistance breakoutThe first decisive break above the psychological $4,000-mark,
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The actions have been taken by the OAG in accordance with New York’s Martin Act, an anti-fraud law that gives the Attorney General authority to investigate any company deemed to be trading securities in the state. For the purposes of the Martin Act, cryptocurrency is classed as a security, and
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Institutional asset manager Grayscale has announced it will be converting its GBTC Trust into an exchange-traded fund (ETF) once the United States Securities and Exchange Commission (SEC) has “comfort” with recently-approved Bitcoin futures ETFs.In a Monday Twitter thread, Grayscale communications director Jennifer Rosenthal said the asset manager would proceed with
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Cryptocurrency exchange Bakkt, which is majority-owned by Intercontinental Exchange (ICE), was trading down 2.4% in its first day of trading after completing a SPAC transaction with VPC Impact Acquisition Holdings.Bakkt, based in Alpharetta, Georgia and founded in 2018, began trading Monday under the ticker symbol “BKKT” on the New York
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Crypto fraud has accounted for losses of over £146 million ($200 million) in the U.K. this year, according to the City of London Police.The figure is 30% higher than for all of 2020, the City of London Police said Monday.The U.K.’s national reporting center for fraud and cyber crime, Action
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The Shiba Inu (SHIB) market is in a very strong bull market in 2021, and one major continuation pattern on its longer timeframe charts highlights the scope for an additional 90% upside move ahead.In detail, SHIB rose over 1,250% year-to-date (YTD) to establish the yearly high at $0.00003528 (data from
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