CoinShares Launches a $75 Million Physically-Backed Ethereum (ETH) ETP

A month after launching a Bitcoin ETP on Switzerland’s SIX Exchange, CoinShares has released a physically-backed exchange-traded product following the performance of the second-largest cryptocurrency – Ethereum.  Describing itself as “Europe’s largest digital asset investment house,” CoinShares is a cryptocurrency-oriented manager with over $4 billion in AUM. The company, headquartered in London, announced the launch … Read more

Investment Firm Launches the First ‘Crypto Hedge Fund’ in Spain- Plans to Expand Across Europe, Latin America – Finance Bitcoin News

In Spain, an investment company has begun to promote what they called the “first crypto hedge fund.” The product has been registered in Malta by Avenue Investment Crypto, headed by a crypto advocate, Martin Huete. Investments Allocated Mainly in Bitcoin and Ethereum According to Infobae, the hedge fund “exclusively” targets qualified investors whose minimum investment … Read more

Cardano’s $35 Billion Market Cap Is Not Justified, Says Ethereum Proponent

Cardano (ADA) is once again in the spotlight as its price fails to follow the current downtrend in the cryptocurrency market. In fact, ADA is currently up on almost all time frames, and it has managed to once again claim the third spot in terms of market capitalization. However, Anthony Sassano, one of Ethereum’s well-known … Read more

Dubai Based Crypto Investment Fund to Convert $750 Million Worth of BTC Into ADA and DOT Tokens – Altcoins Bitcoin News

A Dubai based crypto-based investment fund, FD7 Ventures says it will offload bitcoins worth $750 million and will use the proceeds to increase positions in Cardano and Polkadot tokens. According to FD7 Ventures, this switch to the two altcoins will help the fund to better serve the interests of investors who are looking to diversify … Read more

Poolin Empowers Ethereum Miners With New Payout Scheme and International ETH Node

Poolin, one of the largest mining collectives just finalized an upgrade to their global Ethereum infrastructure by completing the installation of an international Etherum node in the United States. In addition to the node, Poolin switched its payment method from PPLNS to PPS+, which will enable Ethereum miners to begin earning … Read more

Ethereum Price Breaks the Channel, Will it Heal-Up or Drop Below $1K?

Ethereum Price Bounced back! The crypto space is witnessing a severe roller-coaster ride in the recent days by coiling to certain levels yet plunge back. Ethereum price also hit the milestone of smashing $2000 levels yet feared to roll down to the lower levels. Currently, the ETH price chart currently appears to have broken the … Read more

The Crypto Roundup: 26 February 2021 | CryptoCompare.com

Hashbon, established in 2016, is a B2B/B2C payment service provider, compliant with the European KYC policies. The platform supports over 30 cryptocurrencies and charges 0% commissions on all crypto payments. Buyers and sellers receive exactly the same amount of transferred funds, minus the compulsory mining fees, with no additional taxes or surcharges.  Integration of Hashbon`s … Read more

More Aussies invest in cryptocurrency than in gold and silver: Survey – CryptoNewsPipe.com

A new poll has found that more Australians invest in cryptocurrencies than in gold and silver …. but only by a tiny margin. Source: More Aussies invest in cryptocurrency than in gold and silver: Survey About Author Luke Bailey Luke has had a long interest in financial technology, especially cryptocurrency and blockchain. With a Bachelors … Read more

Robinhood Reports 6 Million New Crypto Traders in 2021

In a blog post on Feb. 26 titled “Crypto goes mainstream” the retail trading app revealed that it had seen six million new customers on Robinhood Crypto so far this year. The number of new monthly customers buying from its crypto platform in 2021 is 15 times the 2020 average. “By comparison, this number peaked … Read more

1inch announces expansion to Binance Smart Chain, plans to run BSC node – CryptoNewsPipe.com

The highest-profile team to make the move so far, 1inch is also planning to become an infrastructure provider for the layer-1. Source: 1inch announces expansion to Binance Smart Chain, plans to run BSC node About Author Luke Bailey Luke has had a long interest in financial technology, especially cryptocurrency and blockchain. With a Bachelors degree … Read more