Crypto asset manager 21Shares will use Coinbase Custody to secure the Bitcoin backing its ETP launch tomorrow. 21Shares, an asset manager specialized in cryptocurrencies, has chosen the custody service offered by crypto exchange Coinbase for its Bitcoin (BTC) exchange-traded product. According to a July 1 Coinbase announcement, 21Shares will use Coinbase Custody to secure the […]
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Cryptocurrency funds have some key differences from traditional investment funds, and we’ve laid them all out along with how you can get involved. Cryptocurrency funds are a new type of investment vehicle that parallels traditional portfolio investments, like hedge funds, but are composed entirely out of digital assets. Because of this, they play by slightly […]
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The number of crypto and blockchain-related companies in Japan increased by more than 30% this year, data from Monex Group’s Monex Crypto Bank shows. The number of cryptocurrency and blockchain-related companies in Japan increased by more than 30% this year. Monex Group’s Monex Crypto Bank told Cointelegraph Japan on June 30 that there are 430 […]
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Binance Coin is now the third crypto to receive a branded hashtag on Twitter, which appears to be in preparation for its three year anniversary. Binance and its eponymous cryptocurrency, Binance Coin (BNB), is the third entity to receive a branded emoji hashtag following Bitcoin (BTC) and Crypto.com. This was announced by Binance’s CEO, Changpeng […]
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The latest update of Bitcoin’s S2FX price model shows July is beginning exactly as required for a long-term bullish trajectory to continue. Bitcoin (BTC) may be struggling to hit $10,000, but its progress is right on track, new stock-to-flow data confirms. Adding a new update to his model on July 1, stock-to-flow model creator PlanB […]
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White supremacist Stefan Molyneux received roughly $100,000 in donations following the removal of his YouTube channel. Online supporters have donated nearly $100,000 in cryptocurrency to white supremacist and alt-right activist Stefan Molyneux following his removal from YouTube for “fomenting violence and hatred.” After Molyneux posted a video to his Twitter account on June 29 stating […]
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New data shows Bitcoin accumulation by retail investors continues to surge despite the economic downturn and increasing inflows from institutional investors. The latest research from ZUBR derivatives exchange published June 29 found that participation from retail investors is increasing despite the longstanding narrative that institutional adoption would be required to propel crypto prices higher. With […]
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China’s capital city has unveiled an ambitious plan to transform Beijing into a global hub for private blockchain innovation and leader in public DLT deployment. The municipal government of Beijing has unveiled a 20-point plan to accelerate the development and deployment of distributed ledger technologies (DLT) and turn Beijing into both a global and national […]
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Crypto data platform CoinGecko has partnered with cybersecurity firm Hacken to incorporate the security of crypto exchanges into its Trust Score metric. Cryptocurrency market data aggregator CoinGecko has updated its Trust Score algorithm to consider the cybersecurity standards of the more than 400 cryptocurrency exchanges listed on its platform. From July 1, 20% of CoinGecko’s […]
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Nvidia has filed for the dismissal of a complaint alleging it fraudulently attributed over $1 billion in sales to gaming markets amid the 2017 crypto bubble. Major manufacturer of graphics processing units (GPUs) and computing hardware Nvidia has filed a motion to dismiss a proposed class-action lawsuit alleging that the firm misrepresented more $1 billion […]
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