Monochrome confident as it files for Australia's first ETF to hold Ether directly
Monochrome’s CEO says the firm’s Bitcoin ETF has seen growth off the back of its in-kind subscription mechanism and hopes an Ether ETF could see similar inflows.
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Invictus Capital AUM reaches $112M as crypto adoption booms
The company’s Crypto20 index fund registered 221% growth quarter-over-quarter. 1898 Total views 14 Total shares Cryptocurrency asset manager Invictus Capital saw significant growth in assets under management during the first quarter, highlighting the rapid uptake of digital assets among institutional investors. Assets under management surged by 50% to $112 million in the quarter ending March 31,…

3 reasons analysts say Ethereum may replicate Bitcoin’s 2016 bull run
Several prominent analysts say Ether (ETH) is on the cusp of a major bull run despite already gaining nearly 65% in 2021. Ethereum has seen explosive growth in decentralized finance and other areas, causing user activity on the blockchain to surge.Ether performance in 2021. Source: Digital Assets DataRaoul Pal, CEO of Real Vision Group, pinpointed…

Huobi Meets ‘Loud and Clear’ Demand for Crypto Savings Accounts
Huobi makes a pitch to those who ”want to earn a good profit worry-free.” Singapore-headquartered exchange Huobi Global is rolling out cryptocurrency savings accounts tomorrow.The new product will go live at 7:00 a.m. UTC on Aug. 20, with availability restricted to certain jurisdictions. Residents of China, Hong Kong Japan, Singapore, the United States, Germany, and…

Bitcoin due new local low? Watch these BTC price levels as $28K rejects
Bitcoin (BTC) rejected at $28,000 after the Oct. 5 Wall Street open as a return toward six-week highs failed.BTC/USD 1-hour chart. Source: TradingViewBitcoin sees swift comedown after new $28,000 retestData from Cointelegraph Markets Pro and TradingView followed BTC price action as bulls attempted to match levels from earlier in the week.This encountered problems just above

Grayscale CEO: BlackRock ETF filing a ‘moment of validation’ for Bitcoin
BlackRock’s commitment to advancing its crypto efforts only lends to the validity of Bitcoin as an asset class, said Michael Sonnenshein. The recent tsunami of spot Bitcoin (BTC) exchange-traded fund (ETF) filings should be seen as a “moment of validation” for Bitcoin, says Grayscale Investments CEO Michael Sonnenshein.During a July 12 interview on CNBC’s Last…

Celebs and crypto in 2020: Blockchain cities, Bitcoin newbies and Twitter trolling
Celebrities have long been used to promote brands, products and services to varying degrees of success, and the cryptocurrency space has been no exception to this practice. In years gone by, the biggest names in the world of entertainment have made waves in the crypto space for endorsing or investing in projects, tokens and companies.…

Japanese Banking Giant Mizuho to Launch Its Yen-Pegged Stablecoin in March
Japan’s banking giant Mizuho Financial Group will launch its bespoke stablecoin for payments and remittance services on March 1, local financial newspaper Nikkei Asian Review reports on Feb. 21.In a partnership with around 60 counterpart financial institutions — which together reportedly host 56 million user accounts — Mizuho’s new “J-Coin” digital currency platform will reportedly…

How to understand and interpret ChatGPT’s output
ChatGPT is a cutting-edge language model powered by the GPT-3.5 architecture, which can generate human-like text and engage in conversations on a wide range of topics, including cryptocurrencies. As the crypto space gains traction, exploring artificial intelligence (AI)-generated insights can offer valuable perspectives and ideas. However, comprehending ChatGPT’s output on crypto-related matters requires a nuanced…