Hong Kong to launch Asia’s first inverse Bitcoin ETF
CSOP’s new inverse Bitcoin ETF aims to profit from BTC price declines following their successful 2022 launch of the firm’s Bitcoin Futures ETF.
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American regulators to investigate Genesis and other crypto firms
Alleged securities violations and connections with retail investors are being investigated by the State of Alabama and several other states. 614 Total views 3 Total shares Cryptocurrency lending firm Genesis Global Capital and other crypto firms are under investigation by securities regulators in the United States, according to reports on Nov. 25. Joseph Borg, Alabama Securities…

Russia aims to limit crypto purchases by non-accredited investors
The Bank of Russia also wants to slow down transactions to crypto exchanges to prevent “emotional” crypto purchases. 114 Total views 3 Total shares Anatoly Aksakov, chairman of the Russian State Duma Committee on Financial Markets, argued that Russia needs to adopt new laws to protect retail investors from the potential losses of investing in…

At Least 12 $50 Million+ ICOs Still Haven’t Launched Tokens, Says BitMEX Research
At least twelve Initial Coin Offering (ICO) projects that raised over $50 million in their token sales have yet to launch, new data by cryptocurrency trading platform BitMEX revealed Nov. 21.In a mailing list circular, CEO Arthur Hayes identified well-known projects such as Telegram, Filecoin and Overstock’s tZero among the twelve big ticket ICOs still…

Cuba set to recognize and regulate cryptocurrency
The country had to temporarily stop accepting cash bank deposits in United States dollars due to tighter restrictions set by former U.S. President Donald Trump. 683 Total views 7 Total shares The Cuban government is reportedly planning to recognize and regulate cryptocurrencies for payments.According to Aljazeera, the Caribbean nation’s central bank will establish rules for…

Spanish La Liga Club Atlético Madrid Is Launching a Fan Token
Spanish soccer team Atlético de Madrid — which plays in the top professional division of Spain’s soccer league, known as La Liga — is partnering with blockchain platform Socios.com to launch a fan token ecosystem. The news was revealed in a press release shared with Cointelegraph on Sept. 6.Atlético’s fan tokenAs previously reported, Socios has described…

SEC opposes Richard Heart’s bid to dismiss $1B securities lawsuit
The SEC hit back at Richard Heart’s bid to dismiss its lawsuit, claiming it has sway over him as his alleged illicit securities sales targeted the US.

Citibank analyst makes tentative $318K Bitcoin prediction for December 2021
However improbable this seems, it would represent the “weakest” major rally so far, at a 102 times increase from low to high. 1435 Total views 15 Total shares A recent Bitcoin (BTC) technical analysis prepared by CitiFX for its institutional clients points to a potential high of $318,000 sometime in December 2021.As highlighted by Twitter…

Korea’s Jeju to issue NFT tourist cards to boost Gen Z visitors: Report
South Korea’s Jeju Island, a self-governing tourist hotspot, will reportedly trial NFT tourist cards in a bid to attract the country’s younger generation.