Cryptocurrency Analysis and News Portal
In a report published on Saturday, the International Monetary Fund (IMF) has warned that an ongoing war in Europe and associated sanctions will have a “severe impact on the global economy.” The IMF’s report says there is “extraordinary uncertainty” in the air, and the international financial institution believes “economic consequences
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Sberbank, one of Russia's largest state-controlled banks, is dropping out of almost all European markets citing Western sanctions. Source
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Europe is seeing an increase in the number of issuers launching crypto ETPs as more investors are doing due diligence and choosing to invest in crypto. Source
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Fidelity International is to list its first bitcoin exchange-traded product (ETP) on the Deutsche Börse in Frankfurt and SIX Swiss Exchange in Zurich. Source
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Crypto exchange Bitmex is acquiring a German bank to create “a regulated crypto powerhouse.” The company plans to establish “a one-stop shop for regulated crypto products in Germany, Austria, and Switzerland.” Bitmex Plans to Become a Regulated Crypto Powerhouse Cryptocurrency exchange Bitmex announced Tuesday a purchase agreement of Bankhaus von der Heydt,
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The acquisition, which is step one in 2TM’s plans to expand into Europe, still needs approval from Portugal's Central Bank, 2TM told CoinDesk in a written statement, although the company expects that to occur “within the next couple of months.” Source
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Key trend 2021: traders tend to trade on multiple markets to find more arbitrage opportunities across Asia and Europe in particular. During the event we will:- talk about the current market structure: how it changed to support institutional participants- highlight market access challenges and issues around connectivity- discuss liquidity and
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BCB Group, the crypto-dedicated payments services provider, has acquired fintech-focused Sutor Bank, gaining control of a German bank to drive its expansion in the European Union.Terms of the deal, which requires approval from the German regulator, BaFin, were not disclosed. BCB said it expects the transaction to be cleared by
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On Friday, WisdomTree, a financial institution with over $76 billion in assets under management, announced it had created four cryptocurrency indices in the United States and Europe to provide diversified portfolio exposure to investors. The move comes in collaboration with Ritholtz Wealth Management, OnRamp and Gemini.WisdomTree will launch the RWM
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BLOC offers exposure to the most established crypto assets, which represent around 70% of the cryptocurrency market cap, such as bitcoin, ether, bitcoin cash and litecoin. To avoid overexposure to bitcoin and ether, however, the combined allocation to the two is capped at 75%. Original Source
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