Crypto Finance Receives 4 Licenses From German Regulator BaFin
BaFin, the German Federal Financial Supervisory Authority, has granted four licenses to the German subsidiary of Crypto Finance. As its parent company, Deutsche Börse prepares to establish a digital exchange. Crypto Finance (Deutschland) is a provider of investment products, custody, and trading in digital assets that meet the standards of institutions. The Swiss Financial Market […]
Bitcoin ETF Launch Clocks One Month, Trading Volume Soars
According to a Bloomberg report, the Bitcoin ETF launch has been deemed “successful” seeing it has attracted considerable interest, witnessed a gradual stabilization of inflows and trading volume has reportedly surpassed milestones. The election to approve Bitcoin ETFs was a watershed moment in the history of digital assets. Since their inception, Bitcoin ETFs. The trading […]
Web3 Platform Analog Closes $16M Funding Round
Analog has obtained $16 million in funding to advance its cross-chain communication tools for developers. The round brings the startup’s valuation to a fully diluted state of $120 million. Several Web3 funds and cryptocurrency initiatives contribute to the round, including Wintermute, Orange DAO, Benqi Finance, and Quantstamp. In addition to venture capital firms Tribe Capital, […]
Google Launches €25M AI Skill Development Fund
Google has declared its intention to establish a support fund of 25 million euros ($26.9 million) to facilitate artificial intelligence (AI) skill development for European citizens. Europe is currently in a “leading-edge” position regarding the economic utilization of AI; as such, the AI Opportunity Initiative for Europe seeks to provide training that will enable individuals […]
Bitcoin ETFs Make Over 10% of BTC Spot Trading — Analysts
U.S. spot Bitcoin ETFs now account for “only 10-15%” of the total Bitcoin spot trading volume across centralized exchanges (CEX) worldwide and possess approximately 650,000 BTC or 3% of the outstanding Bitcoin supply. Short-term attention towards spot Bitcoin exchange-traded funds (ETFs) could potentially divert attention away from the more significant crypto trends emerging in the […]