21Shares introduces S&P risk-controlled Bitcoin and Ether ETPs
Despite the collapse of the cryptocurrency markets this year, the Swiss cryptocurrency ETP company 21Shares has witnessed new crypto inflows reach new all-time highs YTD. With its new risk-adjusted cryptocurrency investment products, 21Shares is attempting to match the benchmarks of the S&P Dow Jones Indices despite the over 50% decline in the cryptocurrency markets this […]
Japan’s “experiment” with crypto self-regulation is failing
According to reports, JVCEA, a self-regulation entity, has been issued strong warnings to get its act together as the Japan Financial Services Agency presses for the organization to accelerate the adoption of its AML regulations. Local government officials and business professionals claim that Japan’s self-regulation “experiment” for the cryptocurrency sector is not succeeding as anticipated. Since 2018, the […]
BTC Mining Council: Sustainable Bitcoin mining power mix reaches 59.5 %
The most recent Q2 report from the Bitcoin Mining Council describes the increasing energy efficiency of Bitcoin miners. According to the most recent Q2 2022 report from the Bitcoin Mining Council, nearly 60% of the electricity utilized to run Bitcoin mining equipment originates from environmentally friendly sources (BMC). The BMC discovered that the global Bitcoin […]
Lummis-Gillibrand crypto bill will likely be put off until next year
Senator Lummis stated that it will take some time for senators who are unfamiliar with crypto to comprehend and process the crypto bill. According to the two U.S. Senators Cynthia Lummis (Republican) and Kirsten Gillibrand (Democrat), the significant bipartisan crypto bill would likely be postponed until next year. The Senators said there is a remote […]
Bitcoin longest run of “extreme fear” ends
After 73 days of “extreme fear” for bitcoin on the Crypto Dread and Greed Index, investors can now breathe a small sigh of relief. After a record 73 days, Bitcoin (BTC) officially left the “extreme fear” zone on Tuesday. This was accompanied by a 19 percent weekly rise in Bitcoin (BTC) as bulls started to […]