The Canadian Purpose Group Ether ETF has breached 50,000 ETH worth $122.7 million in AUM even when the price of the second largest cryptocurrency has registered a 50% decline from the top during the recent market correction. The Ether ETF was launched by the firm on April 20 and in just over a month it
The cryptocurrency market has declined from $2.501 trillion to $1.725 trillion in just two weeks, indicating a fall of about 31%. However, hedge funds are interested in cryptocurrency despite the drop.
The chief executive of crypto consulting firm Parallax Digital is predicting the massive expansion of the US dollar supply in the next ten years, which he says will ignite Bitcoin’s meteoric rise to $12.5 million. In a new interview with Kitco NEWS, Robert Breedlove addresses the issue of Bitcoin’s volatility after the leading crypto asset […]
A new research report out of Wall Street banking giant Goldman Sachs predicts Ethereum overtaking Bitcoin as a store of value asset. Santiago Roel Santos, General Partner at blockchain-focused investment firm ParaFi Capital, published a series of tweets showing excerpts from relevant sections of a 41-page report (titled: “Crypto: A New Asset Class?”) by Goldman’s […]
A Securities and Exchange Commission (SEC) civil lawsuit has been filed against five individuals allegedly involved in promoting BitConnect’s “lending program.” BitConnect shut down its main lending platform operations in 2018 after regulatory warnings and allegations of fraud. In a press release issued today on the SEC website, the financial regulator alleges that the individuals contributed to […]
A popular pseudonymous trader known in the industry as Flood says three altcoins will generate a massive amount of wealth for investors. The analyst tells his 146,000 followers that the three crypto assets to watch are FTX Token (FTT), Solana (SOL) and Nerve Finance (NRV). Over this decade the followers and speculators of @FTX_Official will […]
Cardano May Hit $3 Soon! Cardano price rally is among the most favoured rally since the beginning of 2021, which escorted the price more than 1500%. However, after reaching its peak, most of the assets slided down at greater pace amid the market slash. ADA prices too experienced a similar trend revisiting much lower levels …