Australia’s Crypto ETF Market Heating Up As 2 More Funds Set To Debut
Australia isn’t stepping on the brakes this time as it took a huge step of enlisting their first ever ETF to invest in Bitcoin and Ethereum. And it’s going live on April 27. 21Shares and ETF Securities have recently teamed up to launch two funds that are to be listed in Australia’s CBOE Exchange Trading […]
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Crypto exchanges Coinbase and OKX are closing in on Australia’s self-managed superannuation funds (SMSF), according to a Bloomberg report. The move will enable everyday Australians to add digital assets to their retirement fund and further increase the country’s pension funds’ crypto exposure. With cryptocurrencies getting more mainstream, this could be a huge plus in boosting […]
A harsh winter looms ahead, and a creative New Yorker has found a brilliant solution to mounting heating costs: fill your place with ASICs and start mining Bitcoin. Perhaps you won't become the next Bitcoin millionaire, but you will certainly save a lot of money on heating. The blogger analyzes the cost of all options for heating - natural gas, oil and electricity - and concludes that electricity is the worst of the three options. But sometimes electricity is the only heating source available, because some apartments are only equipped for electricity. Therefore, it's important to find ways....
Three funds tracking Bitcoin, Ethereum, and FileCoin have been issued interim stop orders by Australia’s market regulator due to "non-compliant" target market determinations. Australia’s chief financial market regulator has placed interim stop orders on three cryptocurrency-related funds set to be offered to retail investors, due to non-compliant target market determinations (TMDs).In a media release dated Oct. 17 local time, the Australian Securities and Investments Commission (ASIC) said it has placed interim stop orders on three of Australian asset manager Holon's crypto funds — which....
Ethereum futures ETFs, touted as the next big thing in the world of cryptocurrency investments, made their much-anticipated debut on Oct. 2. These exchange-traded funds were designed to track futures contracts linked to the value of Ethereum’s native currency, Ether. However, the initial trading activity suggests that market enthusiasm did not translate into significant investment […]
Ripple and SWIFT’s battle for dominance is heating up, with an executive at the latter taking a dig at XRP, the bridge currency for the crypto firm’s payment service. The executive also explained why businesses are unlikely to trust Ripple despite the conclusion of the SEC lawsuit. SWIFT Executive Makes Criticism Against Ripple and XRP […]