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Around 4,000 institutional funds with almost 2 trillion euros in assets under management in Germany can now invest 20% of their portfolios in cryptocurrency, including bitcoin. The highly anticipated Fund Location Act (Fondsstandortgesetz) went into effect on July 1 in Germany. The German federal parliament, the Bundestag, cleared the legislation on April 22. Under this … Read more
Cardano (ADA) becomes the third-largest component of the GDLC basket after Bitcoin and Ethereum Go to Source Powered by WPeMatico
The latest CME futures gap is filled within hours on Monday, with an attractive gap nearer $50,000 providing a frame of reference for bulls. Go to Source Powered by WPeMatico
However, SNX withdrawals from Synthetix pools picked up momentum during the price boom. Go to Source Powered by WPeMatico
While the American economy witnesses small business failures across the nation, historical unemployment rates, major issues with the supply chain, countless product shortages, and the cost of goods and services inflating, the stock market continues to rally. The CEO of the Forward Thinking Group UK, Neil McCoy-Ward, thinks the current stock market is “completely disconnected … Read more
Monobank is seeking approval from the National Bank of Ukraine to launch its Bitcoin debit card later this month. Go to Source Powered by WPeMatico
An article appearing on the World Economic Forum website has made the case for blockchain adoption to fight corruption and wastage of resources in government activities. Go to Source Powered by WPeMatico
The diversified location of Bitcoin mining facilities following China’s crackdown is great news for the rest of the world, iMining CEO Khurram Shroff says. Go to Source Powered by WPeMatico
Vietnamese news outlets have reported that the country’s prime minister, Phạm Minh Chính, has tasked the State Bank with studying and conducting a pilot for a digital currency. Go to Source Powered by WPeMatico
A total of 8,000 bitcoins belonging to Mirror Trading International (MTI) have been traced while an additional 29,000 bitcoins could soon meet a similar fate. The traced coins, which are valued at over $280 million (4 billion rand), represent a potential breakthrough for beleaguered MTI investors. Liquidators Want Court to Declare MTI a Ponzi Scheme … Read more
