Report: Hong Kong to Begin Trading of First Metaverse ETF On Feb. 21
Hong Kong’s first metaverse-themed exchange-traded fund was launched by CSOP Asset Management and will be listed on February 21 on the Hong Kong Stock Exchange. CSOP has indicated that in order to meet its investment goal, it would pursue an active management approach that will primarily invest in publicly traded firms in the Metaverse industry […]
Baby Doge Reaches 35% All-time High Following Huobi Listing
Baby Doge, another memecoin inspired by Dogecoin’s friendship with Elon Musk soared by 35% earlier today. This comes on the heels of Huobi, the world’s largest cryptocurrency exchange, announcing the adoption of the token to its platform. Baby Doge , which was launched in the midst of the memecoin frenzy last year, skyrocketed in popularity […]
As new competitors appear, Ethereum’s supremacy may tail off, says Morgan Stanley
According to a new analysis from Morgan Stanley’s Global Wealth Management Investment Office, Ethereum’s supremacy may wane if robust market competition emerges. Morgan Stanley’s Report Findings The report is titled “Cryptocurrency 201: What Is Ethereum ?” and it gives a full explanation of the ecosystem, as well as its benefits and drawbacks when compared to […]
Bitcoin Mining difficulty reaches an all-time high in 6 months
The Bitcoin network has reached yet another all-time high in mining difficulty. This is the second time in three weeks after a steady climb since last July’s lows. On February 18, CoinWarz, an on-chain analysis tool reported that mining difficulty had reached a new high of 27.97 trillion hashes (T). Bitcoin (BTC) has now reached […]
US DOJ appoints a lead for the newly formed National Cryptocurrency Enforcement Team
The US Department of Justice (DOJ) has appointed Eun Young Choi as Director of the National Cryptocurrency Enforcement Team, according to her, the unit will target both crypto exchanges, cybercriminals, nation-states and mixers involved in illicit finance. Eun Young Choi, a cybersecurity prosecutor, was recently named to lead the Justice Department’s newly formed “National Cryptocurrency […]