Day: December 30, 2021

Russian bank Sber launches blockchain ETF tracking Coinbase, Galaxy Digital

Sber, the Russian government-backed company and the largest bank in the country, is launching a blockchain exchange-traded fund (ETF) to track the performance of major crypto companies such as Coinbase and Galaxy Digital. Sber Asset Management officially announced the news on Thursday, stating that the new ETF is linked to various blockchain and crypto industry firms, including hardware and software providers for mining and issuing crypto assets. Called “Sber — Blockchain Economy,” the fund is set to trade under the ticker SBBE and will track the eponymous index developed by…

First US Bitcoin ETF a ‘dud’ in 2021 as GBTC discount stays near record lows

Bitcoin (BTC) institutional demand is conspicuously wanting at the end of the year as data flags the “underperformance” of the United States’ first Bitcoin futures exchange-traded fund (ETF). As noted by markets commentator Holger Zschaepitz on Dec. 29, the ProShares Bitcoin Strategy ETF (BITO) is now trading at nearly 30% below its launch price. Anticlimax rounds out 2021 for ProShares ETF In a sign of the times regarding Bitcoin sentiment, the hype that accompanied BITO’s launch in Q3 has died down considerably. Going from record-breaking volume on its first day…

First US Bitcoin ETF a ‘dud’ in 2021 as GBTC discount stays near record lows

boss

Bitcoin (BTC) institutional demand is conspicuously wanting at the end of the year as data flags the “underperformance” of the United States’ first Bitcoin futures exchange-traded fund (ETF). As noted by markets commentator Holger Zschaepitz on Dec. 29, the ProShares Bitcoin Strategy ETF (BITO) is now trading at nearly 30% below its launch price. Anticlimax rounds out 2021 for ProShares ETF In a sign of the times regarding Bitcoin sentiment, the hype that accompanied BITO’s launch in Q3 has died down considerably. Going from record-breaking volume on its first day…

Cardano, Avalanche Lead Crypto Decline in Volatile Trading Session

Cryptocurrencies continued this week’s slide on Thursday, with tokens of some of the largest blockchains by market capitalization falling as much as 6% in Asian hours before recovering slightly in early European hours. The move came ahead of a $6 billion options expiry for bitcoin (BTC) on Friday during a low-volume holiday period marked by volatility and range-bound price movement for large-cap cryptocurrencies. Options are hedging instruments that allow investors the right, but not the obligation, to buy the underlying asset at a predetermined price on or before a specific…

London Stock Exchange Sees Expansion in FX Business during 2021

boss

London Stock Exchange (LSE) experienced a jump in FX business during the last 12 months. In a recent report released by the exchange, LSE highlighted key FX developments this year. To facilitate its customers in efficient trading, the exchange introduced new capabilities in FXall and Matching. Moreover, LSE strengthened its position in Asia through the launch of a global electronic trading matching service in Indonesia. LSE also announced several investments in the last 12 months to expand its global presence. In addition to strong FX business, LSE also witnessed a…

Ertha to Prime Listing Huobi on January 4th

boss

ERTHA’s Listing and TGE will be hosted on Huobi as a Prime List on the 4th of January, 2022. Listing on Huobi ensures that ERTHA Metaverse becomes the leading token in the GameFi & NFT space. Gaining a Primelist brings new levels of visibility and prestige to the project, introducing us to a wider demographic of investors and supporting the value and longevity of the token. It also provides the community with a convenient way to access the $ERTHA token. Huobi is the industry’s leading digital asset exchange in both…

BOSAGORA(BOA), signs business partnership with PIST TRUST

boss

BOSAGORA signed a business partnership with PIST TRUST, a blockchain-based digital asset management platform. BOSAGORA, a public blockchain platform specialized in Metaverse, launched the MetaCity Forum in May, has signed partnerships with promising companies such as AIITONE, BRI (Canada), IBK Securities, KB Capital, Finger, Crowdy, etc. to build an expanding ecosystem. The ‘Global ESG Metacity Summit 2021’ with Namyangju City was successfully held at the same time at ‘The Wider Agora’, a Metaverse platform developed by the MetaCity Forum, and at the Jeong Yak-Yong Library in Namyangju. The summit attracted…

Interview with Crypterium CEO Vladimir Gorbunov about Choise.com and CHO token

Vladimir Gorbunov is the founder and CEO of the Crypterium wallet and neo bank app, which supports over 600,000 registered clients across 170 countries. The company has recently launched Choise.com alongside a new token, the CHO token. Choise.com will enable users to swap between centralised (CeFi) and decentralised  (DeFi) finance at the press of a button, meaning they can harness the power and benefits of both digital asset worlds. We recently spoke with Gorbunov regarding Crypterium’s new product launch and learned all about the exciting plans for Choise.com. Q: What…

Over 20,000 Bitcoin ATMs Installed in a Year – Bitcoin News

boss

The number of cryptocurrency ATMs around the world has grown exponentially in 2021, with over 20,000 new installations made since last December. That’s more than the total of all crypto teller machines put into operation in the previous seven years. Close to 34,000 Crypto ATMs Available Globally ATM locations offering users options to buy and exchange cryptocurrencies with fiat money are increasing at an unprecedented pace. Data compiled by Coin ATM Radar shows that their number towards the end of 2021 is nearing 34,000. In a year that saw crypto…