Spot Ethereum ETFs post $107M net inflows on first day
The newly launched spot ETH funds posted positive net inflows despite being weighed down by $485 million of bleeding from Grayscale’s Ethereum Trust.
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A few lessons I learned as an institutional trader
As an institutional trader, I learned not to borrow too much in leverage from the exchange I was trading on, and to be right more often than I was wrong.
Coinbase CEO ponders banking features after Silicon Valley Bank crisis
Coinbase CEO Brian Armstrong says the exchange has previously considered adding features to become a neo-bank of sorts. 540 Total views 4 Total shares Own this piece of history Collect this article as an NFTThe wider cryptocurrency community continues to debate the ongoing fallout following the closure of three major American banks, with calls for…
3 reasons why Ethereum can hit $3K in the short term despite overvaluation risks
Ethereum’s native asset, Ether (ETH), dropped after reclaiming its two-month high in the previous session, suggesting that its recent bullish rally was nearing exhaustion. In detail, the ETH/USD pair topped out at $2,699 on Sunday for the first time since June 7. The pair’s peak level also pushed its relative strength index (RSI), a momentum-gauging indicator,…
Bitcoin Price Loves Valentine’s Day as Historic Data Favors Bulls
Bitcoin (BTC) has reached a record-high price for the year, and as the run-up to $10,000 occurred, Weiss Crypto Rating updated the asset to an A-. Recent news has also hinted at the possibility of the crypto market making a new bull run, which some analysts believe could lead Bitcoin’s price to reach a new…
Algo VC Fund Raises $200 Million to Fast-Track Ethereum Rival
Algo Capital has raised $200 million — double its original goal — for its venture capital fund. According to a news release shared with Cointelegraph on Aug. 27, the new fund will invest in businesses helping to build infrastructure for the Algorand blockchain — an open-source public ledger and cryptocurrency payment system that utilizes a Byzantine Agreement…
Litecoin Halving Aftermath: LTC Price, Hash Rate, Community Reaction
Litecoin (LTC) has just experienced an event that happens once in four years: the second halving. On Aug. 5, 2019, Litecoin rewards for producing a block were halved from 25 LTC to 12.5 LTC. At a speed of 2.5 minutes per block produced, halvings occurs every 840,000 blocks.Ahead of the event, Cointelegraph discussed the features…
Central African Republic court says new $60,000 citizenship-by-crypto-investment program is unconstitutional
The move comes one month after the CAR rolled out the new incentive to boost crypto innovation in the country. 423 Total views 9 Total shares According to Reuters, the Constitutional Court of the Central African Republic (CAR) said on Monday that the purchase of citizenship, e-residency and land using its government-backed Sango digital currency is unconstitutional…
Twitter Hack Shows That Crypto Is Easier to Investigate Than Fiat, Say Industry Law Experts
A panel of compliance experts from the crypto industry agreed that law enforcement and institutional finance have been hearing more positive narratives about crypto. During an Aug. 4 panel on legal compliance within the cryptocurrency industry, major figures noted recent shifts in public perception of the industry, pointing to arrests within weeks of the Twitter…