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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The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision.Market data is provided by the HitBTC exchange.The crypto markets are eagerly awaiting the launch of institutional trading…
US Court Reconsiders Blockvest Acquittal Over Unlicensed Securities Offer
The United States Securities and Exchange Commission (SEC) announced it had gained an injunction against initial coin offering (ICO) operator Blockvest, overturning a 2018 court order. The regulator reported the development in a press release published on Feb. 14.Blockvest, which the SEC suspects of offering and attempting to sell unregistered securities via its BLV token…
South Korea Will Keep ICO Ban, Says Financial Services Commission
South Korea will continue to ban initial coin offerings (ICOs) in the country, state financial regulator the Financial Services Commission (FSC) confirmed in a press release Jan. 30.Unveiling the results of a survey undertaken from September 2018, the body said it had discovered that firms conducting ICOs were making use of foreign jurisdictions, but still…
Avalanche to power Alibaba Cloud’s infrastructure services in Asia
Avalanche’s partnership with Alibaba Cloud will see the development of tools that enable users to launch validator nodes on Avalanche's public blockchain platform in Asia. 8 Total views 1 Total shares Own this piece of crypto history Collect this article as NFTAlibaba Cloud, a.k.a Aliyun, a subset of Chinese e-commerce giant Alibaba, announced an integration…
Fundstrat’s Tom Lee Predicts Bitcoin Recovery, But Lowers End-Year Target to $15K
Wall Street analyst and cryptocurrency bull Tom Lee has nearly cut his end-year Bitcoin (BTC) price target in half from $25,000 to $15,000, CNBC reported Nov. 16.According to Lee – the co-founder of market advisory firm Fundstrat Global Advisors – the key factor behind his new target is Bitcoin’s “break-even point,” or the level at…
Meet the 21-Year-Old Entrepreneur Trying to Sell His Failed ICO on Ebay
The bear market has not been easy on the crypto market, especially when it comes to initial coin offerings (ICOs). The demand for small-value tokens issued by relatively unknown projects — some of which eventually might or might not turn out to be viable investments — has been dying out, and the days of “to…
Goldman Sachs reportedly looking to buy crypto firms after FTX collapse
Goldman Sachs executive Mathew McDermott said that their firm is already doing its due diligence on some crypto firms. Own this piece of crypto history Collect this article as NFTAs crypto company valuations are affected by the recent FTX debacle, financial services firm Goldman Sachs is looking to swoop in and invest millions to purchase…
Inverse Finance seizes tokens, ships code: Launches stablecoin lending protocol
Shortly after culling its community of inactive members, one of decentralized finance’s (DeFi) strangest experiments is launching a new stablecoin lending product.On Wednesday Inverse Finance revealed the Anchor Protocol, a money market built around DOLA, a protocol-native synthetic stablecoin. Based on “a modified fork of Compound,” in a blog post Inverse Finance founder Nour Haridy…