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ETC Group Launches Ethereum-Tracking ETP on Deutsche Börse Xetra


ETC Group, a prominent provider of digital asset-backed securities, has expanded its cryptocurrency product range by introducing an Ethereum (ETH) staking exchange-traded product (ETP).  The post ETC Group Launches Ethereum-Tracking ETP on Deutsche Börse Xetra appeared first on Cryptonews

Republican Senators Propose Legislation to Prohibit CBDC: The Hill


U.S. GOP legislators have proposed a bill to ban Federal Reserve-backed central bank digital currencies, citing concerns over privacy and government access to citizens’ spending data. The post Republican Senators Propose Legislation to Prohibit CBDC: The Hill appeared first on Cryptonews

ICE-Backed Bakkt Alerts of Possible Closure, Cites Cash Crisis


Bakkt, the cryptocurrency platform backed by the Intercontinental Exchange (ICE), has issued a warning about its financial health. In a recent document filed with the U.S. Securities and Exchange Commission (SEC), Bakkt outlined its financial challenges, stating concerns over its ability to operate...

Canada Market Favors Crypto and Blockchain Investments Over Others in 2023


Although investments in Canadian fintechs slowed down in 2023, crypto and blockchain-related investments dominated the scene. KPMG’s global Pulse of Fintech report published Tuesday found that VC-backed investments comprised over three-quarters of all deals, totaling 83 transactions valued...

Inflows of US Digital Asset ETFs Hits Total of $7.7B in Four Weeks


Digital asset management funds are still on a record rise. So far, the crypto-backed investment products have recorded $7.7 billion in total inflows in the US, according to a February 6 CoinShares report on crypto-backed investment funds. CoinShares Head of Research James Butterfill shared...

Fintech Provider Monei Kicks-Off EURM Stablecoin Pilot in Spain


Fintech firm, Monei has launched trials of the euro-backed stablecoin EURM in Spain in collaboration with major financial institutions in the country. In a recent press release, the company announced the commencement of tests under the supervision of the Bank of Spain’s Financial Sandbox. The tests...

3 Crypto Investments with Strong Fundamentals to Watch in 2024


As crypto markets brace for an anticipated bull-run this year, investors are increasingly looking for the best crypto to buy in 2024. In this article, deep-dive three investment opportunities backed by strong crypto fundamentals for the year ahead. Indeed, 2024 is an anticipated bull run year, with...

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