UK liquidity provider GHCO is planning to venture into the cryptocurrency exchange-traded product (ETP) market with the launch of a new product in February. The business is set to initiate market making ETPs for Swiss bank SEBA, but senior company representatives say the firm is also holding talks with a number of other market players.…
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Bitcoin price failed to recover above USD 35,000, and started a fresh decline. BTC broke the USD 34,000 and USD 33,200 support levels to move further into a bearish zone. The price is currently (13:00 UTC) trading well below USD 33,000 and it remains at a risk of more losses below USD 32,000. Similarly, most…
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Japan’s central bank, the Bank of Japan (BoJ) is reportedly gearing up to move into the second phase of its three-part digital yen project- as the nation edges closer to rolling out a central bank digital currency (CDBC). Officially the BoJ still remains firmly on the fence on the matter of CBDC issuance. But, per…
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Crypto spring got a touch of the chills today, as, in the midst of what many have called altseason, the markets turned red. However, altcoins may be set to receive some of the money going into bitcoin (BTC) and ethereum (ETH), according to data from the crypto analytics firm Coin Metrics. In the past 24…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Bitcoin news CoinShares, Europe’s major digital asset manager, today announced the launch of a new physically-backed ETP, CoinShares Physical Bitcoin (Ticker: BITC). BITC will be the first product released on Read more »Pay,…
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Bitcoin price remained in a range below the USD 37,500 and USD 38,000 resistance levels. BTC seems to be consolidating, while many altcoins gained bullish momentum. It is currently (13:00 UTC) trading well above USD the 36,050 support, but it is facing many hurdles. Most major altcoins started a strong rally. ETH/USD gained over 15%…
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Source: Adobe/Дмитрий Ногаев Trading crypto in person is becoming increasingly risky in Hong Kong – with a second trader this month robbed by violent thugs after agreeing to swap cash for tokens offline. Per the South China Morning Post and Apple Daily’s Hong Kong site, the latest victim was attempting to make an offline tether…
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Bitcoin price stayed above the USD 34,200 support zone and started a fresh upward move. BTC broke the USD 36,500 resistance level to move into a short-term positive zone. It is currently (13:00 UTC) trading near USD 37,000, with major hurdles near USD 37,200, USD 37,800 and USD 38,000. Besides, most major altcoins are trading…
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As bitcoin (BTC) fell from its recently reached new all-time high, and with the ongoing market volatility over the past week, the market sentiment dropped out of the positive zone it had reached just a week ago. The combined moving 7-day average crypto market sentiment score (sentscore) for the top 10 coins fell from the…
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Fed Chairman Jerome Powell. Source: a video screenshot, Youtube, NBC News Jerome Powell, the chairman of the US Federal Reserve (the Fed), has suggested that the United States is in no rush to issue a central bank digital currency (CDBC), opining that the dollar’s status as the de facto world reserve currency will provide the…
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