Financial services company Etc Group on Tuesday launched its centrally-cleared ethereum exchange-traded product (ETP) on the Deutsche Borse’s Xetra marketplace. Etc Group Launches Ethereum Exchange-Traded Product The listing follows the success of the firm’s bitcoin ETP, which was launched on the same exchange in June 2020. That bitcoin exchange-traded product now has $1 billion assets under management (AUM), it said. […]

Some Ethereum miners are trying to drum up support for a demonstration of force to show their opposition to the impending implementation of EIP-1559. Amid the backdrop of ever-escalating Ethereum fees, the Ethereum Improvement Proposal seeks to replace the network’s existing bidding-based fee market with a fixed price and burn mechanism. However, EIP-1559 — which is scheduled to go live […]

In October 2020, the entertainment software company Atari launched a digital currency and later revealed plans to join the Ethereum virtual reality game Sandbox. On March 8, Atari announced that the company is now launching a casino in Decentraland, another metaverse built on Ethereum. According to the announcement, the firm’s gaming platform in Decentraland will showcase classic video games and […]

U.S. banking giant Goldman Sachs recently decided to restart its cryptocurrency trading desk. This has reportedly led to an increased demand for digital assets among its customer base. According to a Reuters report, Goldman Sachs chief operating officer John Waldron said the firm is exploring how to meet an increasing demand from clients looking to invest in Bitcoin (BTC). The […]

The CEO of Galaxy Digital Micheal Novogratz, in a recent tweet, expressed his curiosity about Cardano. Asking the Twitter population about its use cases, if anyone builds on it, and the reason behind the high market cap. The billionaire in his tweet even mentioned that Cardano(ADA) is one of the few cryptos he has never traded in his life. In […]

Goldman Sachs is seeing substantial demand for digital assets from its clients, but the banking giant is not sure how to meet that while still staying on the right side of regulation. “Client demand is rising. We are regulated on what we can do. We continue to evaluate it and engage on it,” Reuters quoted John Waldron, president and COO […]

Six months after its first response to the European Commission’s crypto legislative proposal, the International Association for Trusted Blockchain Applications, or INATBA, has released a detailed report on key issues regarding the planned regulations. According to the recently published document, INATBA argued that the commission’s Markets in Crypto Assets regulations do not favor emerging cryptocurrency and blockchain firms. Instead, the […]

A textbook bullish indicator whose last appearance in mid-February contributed to Bitcoin’s price rise to its record high has flashed again. Dubbed as MACD Bull Cross, the signal develops when the output of the difference between an asset’s 26-period and 12-period exponential coverage surges above its 9-period exponential moving average known as a signal line. Traders interpret the crossover as […]