The news follows Bitwise withdrawing its SEC application for a Bitcoin Exchange-Traded Fund earlier this year. U.S. retail investors will be able to get exposure to Bitwise’s new crypto index fund — albeit indirectly. According to a Dec. 9 statement from Bitwise Asset Management, shares of its crypto index fund will begin public quotation on […]
Continue Reading
As Bitcoin dropped below $18,000, major altcoins including XRP and DeFi tokens fell by 10% to 30%. The price of several big-name alternative cryptocurrencies fell especially hard following a Bitcoin (BTC) pullback to $17,650 on Dec. 9. Namely, XRP and top decentralized finance (DeFi) tokens, YFI and AAVE, dropped by as much as 10% to 20% in […]
Continue Reading
Bitcoin price continues to meet resistance at $19,500, a signal that further sideways action in BTC and altcoins is on the cards. Recent news reports suggest that U.S. lawmakers may announce a new round of economic stimulus worth about $908 billion before the end of today. This second package, if announced, will add to the existing […]
Continue Reading
Hauck & Aufhäuser’s Digital Asset Fund I will reportedly cover 85% of the total crypto asset market. German private bank Hauck & Aufhäuser announced its first crypto fund, the HAIC Digital Asset Fund I, launching Jan. 1, 2021. According to a report on FundView, the initiative, a collaboration with Berlin fintech Kapilendo, will target institutional and semi-institutional […]
Continue Reading
The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — one week on Cointelegraph in one link! Coming every Saturday, Hodlers Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much […]
Continue Reading
Ripple could be forced to burn its entire XRP holdings if the community votes for it, the company’s CTO David Schwartz has confirmed. Ripple chief technology officer David Schwartz has admitted the company could be forced by validators to burn its 48 billion XRP tokens, regardless of if it agrees with the decision or not. […]
Continue Reading
Bitcoin price has overtaken its 2017 high, but should investors expect the top-ranked altcoins to do the same? After a rather lengthy wait, Bitcoin price is finally back to the same price range it was in 3 years ago. Back in 2017, when the Bitcoin (BTC) price peaked near $19,900, most altcoins also posted 200% […]
Continue Reading
Select DeFi tokens have outperformed Bitcoin and altcoins as investors cheer the news of mutually beneficial partnerships. Yearn.finance has been busy announcing a slew of mergers in the past week, and these have the decentralized finance space buzzing once again. Just after the Yearn and Pickle Finance merger, Yearn has announced a partnership with Cream […]
Continue Reading
Bitcoin reclaimed the $19,000 level, but charts suggest BTC and altcoins may consolidate for a few days before starting the next trending move. Bitcoin price hit a new all-time high above $19,892 on Dec. 1. This is a significant event because it proves that the rally in 2017 was ahead of fundamentals but not a […]
Continue Reading
Ether price has rallied 322% year-to-date and its $67 billion market cap now surpasses General Motors and CME Group. 2020 has been an impressive year for the Ethereum network and Ether (ETH) price. In November the Eth2 deposit contract quietly launched and before the end of the month the contract had reached capacity with 524,288 […]
Continue Reading