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Swiss crypto ETP issuer 21Shares has increased its managed crypto ETP assets from $500 million to $1 billion in less than two weeks. 2403 Total views 6 Total shares 21Shares, a Switzerland-based provider of cryptocurrency exchange-traded products, or ETPs, has recorded a 100% growth in assets under management over the past two weeks.The company announced…
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Lithuania to Regulate Cryptocurrency Exchange Sector With Obligatory ID Checks
Lithuania is preparing new rules to govern cryptocurrency transactions, requiring businesses to prove the identity of clients, local daily news outlet Delfi reported on June 12.As part of its obligations to impose European Union anti-money laundering (AML) regulations, Lithuania’s finance ministry will seek to completely formalize crypto-based exchange operations.Parliament approved the move during a sitting…
NFT sales and blockchain games continue to grow despite the recent market slump: Report
Gen Z and growing interest throughout Asia have helped NFTs to shine brightly amidst volatility, according to a report from DappRadar. 596 Total views 11 Total shares January 2022 continues to be rough for crypto investors as current markets see turbulent fluctuations in the price of Bitcoin and other cryptocurrencies. Some have attributed the slump to…
Crypto users split on taking out loans to buy Bitcoin dips
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Genesis bankruptcy case scheduled for first hearing
The first hearing in Genesis Capital’s bankruptcy case will be held on January 23, according to court filings. 13673 Total views 16 Total shares Own this piece of history Collect this article as an NFTThe first hearing in Genesis Capital’s bankruptcy case will be held on Jan. 23 at 2:00 pm Eastern Time, according to…
Bitcoin Is Using Less Energy Despite Record Hash Rate, New Data Shows
Bitcoin (BTC) energy consumption is becoming rapidly more efficient, new data shows as hash rate continues to hit record highs.Record hash rate with less powerData from aggregator Statista accessed on Sept. 5 showed that despite more computing power being dedicated to Bitcoin mining, less electricity is required to fuel it. According to one chart, energy consumption…
Ethereum traders expect volatility ahead of Friday’s $820M options expiry
Ether (ETH) will face a critical $820 million monthly options expiry on Friday, Aug. 27. That will be the first time that $3,000 and higher options will have a real fighting chance, even though bulls seem to have missed a good opportunity to dominate the expiry because they were too optimistic about Ether’s price potential.It…