The CEO of Skybridge Capital, Anthony Scaramucci, has announced that the firm will launch an Ethereum fund. The fund is planned to be a private fund. Alongside this, Skybridge Capital has filed for an Ether ETF with the SEC. The fund already has a pending Bitcoin ETF filed with the SEC. Anthony Scaramucci was on The Scoop podcast to talk […]

The Switzerland Stock Exchange (SIX) released its trading numbers on Thursday for June 2021. According to the report, the total trading turnover on the exchange in June hit CHF 113.7 billion, which is 21.1% more than in May, while transactions grew by 5.1% to set a figure of 4,786,124. Overall, the SIX has witnessed a trading turnover reached CHF 694.5 […]

Chairman and CEO of multi-billion Point72 American hedge fund Steven A Cohen is reportedly looking to recruit a ‘Head of Crypto’, in a move that has been seen as both short and long-term positive news for the crypto market. According to sources familiar with the matter, this development is a clear sign that Steven Cohen is gearing up to invest […]

While the value of stablecoins like Tether (USDT) and USD Coin (USDC) is designed to be pegged to another asset, such as the U.S. dollar, the crypto industry has fretted for years about the possibility of a major depegging — especially amid U.S. regulatory concerns about Tether, which has a current market capitalization of over $63 billion. Now one company intends […]

Many newcomers in cryptocurrency aim to make a kill fast once they start trading. However, before you plunge into the business, it’s critical to arm yourself with knowledge. The market is volatile, and trading without some background information is like groping in the dark. As such, beginners need to familiarize themselves with the fundamental strategies applicable in this market to […]

ETH/USD The Ethereum Project token ETH fell 12 percent during the last seven days but managed to stabilize around the weekly support zone around the February high of $1,930 – $1,950. This happened mainly thanks to the 15 percent increase during the weekend when ether dropped as low as $1,714, but then quickly recovered to $1,977 on Sunday evening. On […]

As Kazakhstan becomes increasingly popular for cryptocurrency mining, the country’s president has signed a new law introducing an extra levy for crypto miners. President of the Republic of Kazakhstan Kassym-Jomart Tokayev recently signed last a new law that imposes an additional tax fee for energy utilized by crypto miners operating in the country. The new fees will take effect starting in […]