Bitcoin within touching distance of all-time high following successful ETF launch – CityAM : CityAM October 20, 2021 Bitcoin is currently hovering just below record levels, the day after ProShares rung the bell on the first ever Bitcoin futures exchange-traded fund in the US, which has now officially launched on the New York Stock Exchange. The leading cryptocurrency is currently up three per cent over the past 24 hours, changing hands for just [...]
Watchdog blames social media ‘hype’ and competitiveness for younger investors’ bets on crypto October 20, 2021 Three quarters of younger investors in the UK who place their bets on high-risk products, such as cryptocurrencies, say they are driven by “competition” with friends and their own past investments, according to new research from the FCA. Of the 1000 UK younger investors that the FCA surveyed between the ages of 18 and 40 [...]
Will users of digital assets need traditional custody providers? October 19, 2021 The ability to hold data in a very structured manner means that machines can easily track and trace who owns what, and where the assets are held, in ‘real-time’, writes Jonny Fry.
‘Bitcoin Bankathon’ looks to find El Salvador’s financial future October 19, 2021 Banco Hipotecario has today announced it will be running the first Bitcoin Bankathon next month.
Total value of cryptocurrency market breaks $2.5 trillion as Bitcoin ETF set for launch October 19, 2021 The first US futures-based Bitcoin exchange-traded product (ETF) is set to launch today - a milestone that some believe could spark a fresh wave of institutional investors and usher in a new era for cryptocurrency
Grayscale will convert Bitcoin fund into a spot ETF, confirms CEO October 18, 2021 Barry Silbert, founder and CEO of Grayscale's parent company, has confirmed the investment firm will convert its trust to a spot ETF.
UK crypto fraud pulls more than £146m out of fooled investors’ pockets October 18, 2021 The amount of money that has reportedly been lost to cryptocurrency fraud so far this year is already a third higher than for the whole of 2020, according to new figures. Crypto fraud has racked up a more than £146m tab, Action Fraud has found, which has seen the average loss per victim climb to [...]
Bitcoin ETF expectations, coupled with increasing crypto bets, lead to rally October 18, 2021 Data from CryptoCompare shows that the price of Bitcoin started last week above $56,000 and moved sharply upward to surpass the $62,000.
Bitcoin ETF anticipation puts all-time high in sight October 18, 2021 Anticipation of the first Bitcoin ETF in the United States launching this week saw the largest cryptocurrency by market cap firmly establish itself above the $60k mark over the weekend.
A leap of faith into the ethics of a DeFi world October 18, 2021 Khalid Howladar is the Chairman of MRHB DeFi, the world’s first ethical and faith-based decentralised finance platform.