Tag: bitcoin trader

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Purpose Bitcoin ETF adds 1.1K BTC as data hints investors want to ‘buy the dip’

The world’s flagship Bitcoin spot ETF is back buying Bitcoin after spending four weeks reducing its holdings. The world’s first Bitcoin (BTC) spot price exchange-traded fund (ETF) is buying BTC again after a month of selling. Data from on-chain monitoring resource Coinglass confirms that on April 27, Canada’s Purpose Bitcoin ETF added 1,132 BTC to…
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Gibraltar rolls out new virtual asset regulation to combat market abuse

The document will require crypto companies to seek and prevent insider trading and market manipulation. The British overseas territory of Gibraltar introduced a new regulatory package for distributed ledger technology (DLT) service providers. The document elaborates on the responsibilities of crypto businesses in regards to threats of market manipulation and insider trading.  On April 27,…
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21Shares launches hybrid Bitcoin and gold ETP to enable inflation hedge

Launched in cooperation with ByteTree, the new BOLD ETP by 21Shares comprises 18.5% of BTC and 81.5% of gold at launch. 21Shares, a major issuer of cryptocurrency exchange-traded products (ETP), is launching a new ETP tracking a mix of Bitcoin (BTC) and gold. The Switzerland-based firm on Wednesday announced the launch of the 21Shares ByteTree BOLD…
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Cuban central bank makes it official: VASP licensing coming in May

The Gazette further determines that this decision will enter into force 20 days after its publication, which is May 16. In a move that could potentially foster the growth of Cuba’s nascent tech industry, the Banco Central de Cuba (BCC), the country’s central bank, will begin issuing licenses for Bitcoin (BTC) and other virtual asset…
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Bank of Spain Report Warns About Cryptocurrency Usage and Its Effect on Financial Stability

The Bank of Spain has issued a new report that touches on the subject of the popularity of cryptocurrency usage and the possible effects it might have on the financial stability of the nation. In the document, the bank explains that these assets — which ostensibly don’t have any kind of support behind them —…
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Argentinian Tax Agency Supports Creation of Global Crypto Report System to Avoid Evasion

The AFIP, the Argentinian tax agency, is supporting the creation of a centralized system that serves as a registry for cryptocurrency holders. According to statements from its head, this would make it easier for tax agencies all over the world to curb evasion. The organization has already made use of financial information to collect taxes…
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Bitcoin Tests USD 38K, Ethereum Struggles, Altcoins in Red

  Bitcoin price struggled to extend gains above the USD 40,500 level and started a sharp decline below the USD 39,000 level. It even spiked below USD 38,000 and is currently (04:09 UTC) consolidating losses near USD 38,400. BTC is down 5% in a day and almost 8% in a week…. Read More: Bitcoin Tests…
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Uncollateralized DeFi mortgage taken out on Austin condo via Teller

An Austin resident is a proud homeowner after securing a loan denominated in USDC stablecoin over the Polygon network by using their credit score. A new homeowner has bought an apartment in Austin, Texas through a program that allows crypto holders to take out traditional uncollateralized mortgages based on their credit scores. The USDC.homes crypto…
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Former Jefferies FX brokers launching institutional crypto exchange

Crossover Markets Group Inc. is being launched by two former Jefferies FX brokers, and aims to make a splash in the institutional crypto investment scene. Two former Jefferies Financial Group executives are set to launch a new cryptocurrency exchange designed for institutional investors.  Named Crossover Markets Group Inc. the exchange is set to debut in…
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Failure to launch: Australia’s first 3 crypto ETFs all miss launch day

Three cryptocurrency exchange-traded funds (ETFs) scheduled to launch on the Cboe Australia exchange today were delayed due to “checks” still being undertaken. The launch of Australia’s first three Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETF) scheduled for today, has been delayed as a result of further “checks” needing to be completed. The exchange listing…
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