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Asset management firm Skybridge Capital has launched an ethereum fund, CEO Anthony Scaramucci has confirmed. He added that the asset manager will be filing for an ether exchange-traded fund (ETF). Skybridge Capital CEO Anthony Scaramucci revealed in the latest episode of The Scoop, published Tuesday, that his asset management firm has launched a private ethereum … Read more
Statistics show that the Ethereum 2.0 deposit contract has exceeded 6 million ether this week as more than $12.4 billion worth of ethereum is held in the contract today. Onchain metrics show that Ethereum has seen some significant drawdowns in recent times and decentralized finance (defi) activity has slowed compared to last summer’s statistics. Despite … Read more
Enjin successfully auctioned all tokens available for sale for the new Efinity NFT marketplace it has developed for the Polkadot ecosystem. Latest Sale Brings Total Marketplace Funding to $38.9 Million Given the concerns about Ethereum’s high costs and sluggish transaction throughput, competition amongst NFT marketplaces is heating up fast. More platforms are launching daily to … Read more
Despite China’s undermining, Bitcoin still exists and survives in lots of ways, Galaxy Digital’s CEO says. Go to Source Powered by WPeMatico
Bitcoin and altcoins are witnessing selling near key overhead resistance levels, but a shallow pullback may suggest further upside is in store. Go to Source Powered by WPeMatico
The gains also appear amid an overall crypto market recovery following Bitcoin’s sharp rebound from $30,000-support. Go to Source Powered by WPeMatico
Crypto investments in India have been gaining significant traction over the past year, blockchain data indicates. Despite the ambiguous regulatory situation in the country, more than 15 million Indians have bought or sold digital currencies. Indian Crypto Investments Increase Amid Regulatory Uncertainty A growing number of Indians have put money into cryptocurrencies in the past … Read more
Bitcoin is staging a comeback, but the lingering threat of regulation continues to weigh on DeFi tokens and select altcoins. Go to Source Powered by WPeMatico
Double-figure returns not uncommon for altcoins on Tuesday, with Bitcoin facing major resistance on its way towards $40,000. Go to Source Powered by WPeMatico
While there’s been a lot of concentration on bitcoin mining crackdowns in China and Bitcoin’s recent hashrate loss on Monday, many other digital assets have seen hashrates drop significantly as well. Some of the largest digital currencies, in terms of market valuation, lost considerable dedicated hashpower over the last few days. PoW Chains Feel the … Read more