London-based digital asset manager CoinShares has introduced an algorithmic trading platform called HAL that could revolutionize retail crypto investing. In a press release, CoinShares revealed that HAL is the only product of its kind that allows retail crypto traders “easy access” to strategies designed or curated by professionals with proven experience in crypto trading. … Read…
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Meltem Demirors, the chief strategy officer at publicly traded digital asset manager CoinShares, has called for the cryptocurrency industry to put its house in order and embrace regulations. Speaking on the Chain Reaction podcast, she opined that the infighting by crypto market participants, especially between people who self-identify as “Bitcoin maximalists” and others that are staunch…
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CoinShares’ head of research James Butterfill said the outflows come despite “the improved certainty of the Merge.” Institutional investors may be wavering ahead of the Ethereum Merge, with digital asset investment products seeing an outflow of $61.6 million of Ether (ETH), signaling concerns about the success of the upgrade. In its digital asset fund flows…
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Bitcoin investment products, which include ETFs, ETPs and Grayscale’s GBTC, saw a third consecutive week of outflows. Crypto investment products registered minor weekly outflows last week as volumes plunged to their second-lowest levels of the year, signaling weak demand among institutional investors during the tail end of summer. Outflows from digital asset investment products totaled…
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The firm’s book-making took a huge hit after being exposed to the TerraUSD collapse. On Tuesday, European cryptocurrency investment firm CoinShares posted its interim Q2 2022 results. Compared to the prior year’s quarter, the firm’s revenue declined from 19.6 million pounds ($23.89 million) to 14.2 million pounds ($17.31 million). At the same time, its net…
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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. __________… Read More: Fasset Collaborates with Mastercard, New York Yankees’ Bitcoin Deal, Tencent Shutters NFT Platform, Crypto Industry Donates to US Senator + More News Read more »Pay, Trade, Buy Bitcoin with Credit…
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The new Algorand ETP joins a family of CoinShares’s staked ETPs featuring cryptocurrencies DOT, XTZ, ADA, SOL, ATOM and MATIC. Major European cryptocurrency investment firm CoinShares is expanding its exchange-traded products (ETP) with a new physically-backed ETP based on Algorand (ALGO). CoinShares on Thursday announced the listing of its physically-backed staked Algorand ETP on Xetra,…
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Professional investors are warming to Ethereum again as ETH-based funds see a third consecutive week of inflows. Ether (ETH) prices may have dipped again on Wednesday, but there are signs that professional investors are warming to the asset as the highly anticipated Merge draws closer. In its digital asset fund flows weekly report, fund manager…
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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. __________… Read More: Singapore Mulls New Crypto Rules, KuCoin Denies Rumors, Meta Closes Novi + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
CoinShares previously agreed to acquire the entire issued share capital in Napoleon Crypto SAS for $14.5 million in November 2021. Major European digital asset manager CoinShares is finalizing the acquisition of the French fintech firm Napoleon Group despite the ongoing market decline. CoinShares announced on July 4 that the firm has acquired Napoleon Asset Management,…
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