Diversification is one of the most popular strategies among investors for improving resilience and capturing a broad range of market opportunities. However, for crypto traders, true diversification beyond the digital asset class introduces several challenges. Most notably, the complexity of engaging with TradFi platforms in addition to crypto exchanges to
An updated spot Bitcoin ETF application was filed to the United States SEC on Friday by VanEck, a mutual fund and ETF management firm. The “HODL” ticker symbol will designate the VanEck spot Bitcoin ETF on the exchange. According to an S-1 filing with the United States SEC on December 8,
The Chicago Mercantile Exchange (CME), a world leader in derivatives, has seen open interest in Bitcoin futures approach $5.2 billion, just $200 million short of the record high set in late October 2021. According to statistics compiled by Coinglass, the open interest in Bitcoin futures offered by CME has increased
Spot Bitcoin ETF applicants are still on high alert as of Monday night, when BlackRock and Bitwise filed a new ETF S1 prospectus. This change occurred during the week’s strong start, when the price of Bitcoin surged beyond $42,000. Bloomberg ETF Strategist James Seyffart recently updated his readers on the
The year 2023 has been an exhilarating journey in the Web3 industry, marked by significant milestones and pivotal shifts. From the launch of Bitcoin ordinals to the much celebrated Arbitrum airdrop, the landscape has seen unprecedented growth and engagement. The recent surge in the industry, accompanied by a notable bull
Private investors have contributed $2 million to Jelly Labs AG and Fintonomy LTD, the companies developing the foundational protocols underpinning Jellyverse. Based on DeFiMetaChain, Jellyverse is a platform providing advanced decentralized financial services. The money raised will be used by Jelly Labs AG and Fintonomy LTD to further accelerate the
New data from Bybit Research suggests that institutional investors are suspicious about altcoins, have mixed feelings about ether, and are positive on bitcoin. Institutional investors almost doubled their Bitcoin (BTC) holdings in the first three quarters of 2023. Due to bullish market mood and the expectation that the U.S. SEC
Solana (SOL) has emerged as the epicenter of the latest market frenzy, drawing attention for its unprecedented growth in Non-Fungible Tokens (NFTs). The Solana blockchain ecosystem has experienced a remarkable surge, with a notable rise in the value of its native token, SOL. In a recent revelation, Solana NFTs witnessed
Trulioo Person Match Delivers Industry-Leading Match Rates, Highest Assurance to Ensure Investment Platform’s Worldwide Compliance VANCOUVER, British Columbia–(BUSINESS WIRE)–Trulioo, a leading global identity verification platform, today announced its partnership with Public, a U.S. investing platform for stocks, ETFs, crypto, Treasury bills and alternative assets that is allowing U.K. investors access
In a recent report by the British multinational bank Standard Chartered, a bold prediction has emerged regarding the trajectory of Bitcoin’s value. The bank projects a staggering surge in Bitcoin’s worth, estimating it to reach an impressive $100,000 by the close of 2024. This forecast stands as a reaffirmation of
