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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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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Tether, USD Coin, and Binance USD have posted triple-figure market cap growth this year. Crypto market data aggregator Messari reports that the market cap of leading stablecoin Tether (USDT) has surpassed $10 billion for the first time. Alongside Bitcoin (BTC) and Ethereum (ETH), Tether is now one of three crypto assets with an eleven-figure capitalization. […]
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The Washington DC Bar Association became the fourth to issue an opinion endorsing crypto as an acceptable form of payment. Four bar associations across the United States have now issued opinions stating they are not opposed to cryptocurrency or digital currency as a form of payment for an advance or services rendered. The District of […]
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The Ethereum/Bitcoin flippening is more than half complete, according to a new metric. A new metric from German site The Blockchain Center suggests that the long awaited ‘flippening’ — where Ethereum overtakes Bitcoin — is more than halfway complete. The newly created ‘Flippening Index’ currently stands at 53.3%. Backtested, it shows this is the first […]
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Bitcoin price has stalled below $9,200 but on-chain data, investor sentiment, and BTC’s strong quarterly performance are bullish signals. Earlier today Cointelegraph reported that “Bitcoin (BTC) price recorded its strongest second quarter performance in history” despite a startling crash to $3,750 on March 13. Data from Skew also shows that Bitcoin currently has a quarter-to-date […]
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