Author: btcadmin

Asset manager Bitwise has unveiled an exchange-traded product (ETP) tracking bitcoin (BTC) and gold. The Bitwise Diaman Bitcoin & Gold ETP (BTCG), which commenced trading on Euronext Paris and Amsterdam on Thursday, replicates the Diaman Bitcoin and Gold Index. Story continues Don’t miss another story.Subscribe to the Crypto for Advisors Newsletter today. See all newsletters…

Emirates NBD, the bank owned by the government of Dubai, is starting to offer crypto trading through its digital banking subsidiary Liv. Liv is allowing customers to buy and sell cryptocurrencies in its new app Liv X, according to an emailed announcement on Thursday. Story continues Dubai has been establishing itself as a crypto hub…

Deribit, the leading crypto options exchange, has launched a Block Request-For-Quote (RFQ) interface, allowing traders to execute large over-the-counter (OTC) trades with improved efficiency and liquidity. The feature, available to all users but tailored for high-volume traders, enables direct negotiation of block trades without impacting public order books, according to a press release. Story continues…

Hex Trust, a cryptocurrency custodian and trading platform, has secured a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS), the firm said on Thursday. The license, granted on March 1, allows the firm to provide cross-border money transfers and digital payment token services under Singapore’s regulatory framework. STORY CONTINUES BELOW Don’t…

The past few weeks have been highly volatile for bitcoin (BTC), with price action reflecting sharp swings. In the past two weeks bitcoin traded on an open-high, lower-close candlestick pattern with double-digit percentage differences. The week beginning Feb. 24 saw bitcoin drop to a low of $78,167 and climb to a high of $96,515, a…

Bitcoin rose above $92,000 in Asian morning hours Thursday, with majors jumping as much as 5%, as traders await the first-ever White House Crypto Summit scheduled for Mar.7 for cues on future positioning. BTC rose to $92,700 before profit-taking saw it decline to $90,800 in European morning hours. Dogecoin (DOGE) surged as much as 10%…

The President of Belarus, Aleksandr Lukashenko, raised the possibility yesterday that the Eastern European country could begin mining cryptocurrencies. “Look at this mining. More and more people are turning to me. If it is profitable for us, let’s do it. We have excess electricity. Let them make this cryptocurrency and so on,” Lukashenko told Alexei…

DoubleZero Foundation, a startup building a “new internet” to improve blockchain performance, raised $28 million at a $400 million valuation, according to three people familiar with the matter, and is now searching for “strategic partners” to invest more at $600 million. Dragonfly and Multicoin Capital lead the initial funding round, two of the people said.…

Canary Capital, the digital asset-focused investment firm founded by former Valkyrie Funds co-founder Steven McClurg, is planning on launching an exchange-traded fund (ETF) tracking the price of Axelar (AXL). STORY CONTINUES BELOW Don’t miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters Sign me up By signing up, you will receive…

In the latest whipsaw of headlines this week, Donald Trump’s tariff delay Wednesday eased investor worries with bitcoin (BTC) leading the crypto market higher. STORY CONTINUES BELOW Don’t miss another story.Subscribe to the Crypto for Advisors Newsletter today. See all newsletters Sign me up By signing up, you will receive emails about CoinDesk products and…