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Monochrome Asset Management is preparing to launch Australia's first spot Ethereum exchange-traded fund on Cboe following the asset's long-awaited approval in the US market.The Monochrome Ethereum ETF (IETH) is scheduled to begin trading on Monday (Tuesday 10am AEDT) and is the largest Bitcoin ETF (IBTC) that has gained $15 million (US$10.1 million) since its launch in August 2023. ). Although this is significantly less than the billions held in the US, the fund positions itself as the first in the world to offer physical Ethereum subscriptions and redemptions.This is a feature that has the potential to improve tax efficiency, CEO…
This Ethereum whale chose RCOF over PEPE or NEIRO because this pre-sale token provides access to the RCO Finance ecosystem. RCO Finance is an emerging DeFi platform that aims to simplify investing by democratizing access to cutting-edge investment tools and strategies.RCO Finance is Utilizing AI and blockchain architecture to achieve this goal. This robust architecture allows RCO Finance to support over 120,000 assets. The product is comprised of cryptocurrencies and tokenized real-world assets (RWA) such as real estate and commodities, allowing investors to easily adjust their portfolios.However, the most prominent feature of the RCO Finance platform is its AI-powered robo-advisor…
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“I moved on to other things.'' So in April 2011, after announcing the existence of a mysterious figure named Satoshi Nakamoto in a cryptic email, he disappeared from the face of the earth and became “the biggest figure in the Internet age.'' gave rise to something called a mystery.That's because Nakamoto was the pseudonym of the creator of Bitcoin, a multi-billion dollar cryptocurrency that revolutionized the way the world does business and has the potential to become a global currency.Nakamoto's accomplishments give him more than just bragging rights. That's because he currently holds around 1 million Bitcoins worth £48 billion,…
On Friday, Republican Sen. Mike Lee of Utah outlined three outcomes that could endanger the nascent cryptocurrency industry: (1) the creation of central bank digital currencies, and (2) patchwork by states. regulation, (3) coercive federal regulation;Speaking at the Permissionless III crypto conference in Salt Lake City, Lee said these three possibilities pose significant risks to the burgeoning digital asset sector. Lee and fellow Republican Rep. John Curtis were particularly critical of federal and state regulations on digital assets, likening them to financial surveillance that could stifle the cryptocurrency industry.”Instead of chasing you, we should be protecting you,” Curtis said of…
Michael Saylor is one of the most influential people within the Bitcoin community. threw A “Bitcoin Collection” was presented to Portuguese soccer player Cristiano Ronaldo. This was in response to a social media post in which Ronaldo flaunted a luxury watch created in partnership with American jeweler Jacob & Company.Ronaldo's collaboration with undisclosed jewelry was originally announced in 2022. Two watches, the Flight of CR7 and the Heart of CR7, both highlight some of the most famous soccer players. Saylor, who has emerged as a leading Bitcoin evangelist, regularly pitches the leading cryptocurrency to a variety of influential figures. Earlier…
The cryptocurrency and NFT gaming space is more crowded than ever these days, as high-profile games start releasing, token airdrops pile up, and a variety of other things seem to be happening all the time. There's a lot to take in!Fortunately, decryptionGG is displayed on the entire surface. And if you want a quick way to keep up with the latest developments in crypto video games, we'd be happy to introduce you to our Crypto Game of the Week.In our weekend roundup, we bring you the biggest news from the past week and some other trivia you may have missed.…
Bitcoin ETFs rebounded on October 11th with a staggering $253.6 million in inflows, led by large funds from Fidelity and ARK 21Shares. Ethereum ETFs, on the other hand, showed little movement, highlighting the stark contrast in investor interest. Bitcoin ETFs recover with large inflows The US Spot Bitcoin Exchange Traded Fund recorded net inflows of $253.6 million on October 11, after three consecutive business days of withdrawals. According to data provided by Farside Investors, the ARK 21Shares Bitcoin ETF received $97.6 million and the Fidelity Wise Origin Bitcoin Fund received $117.1 million, marking the best performance among…
Bitcoin ETFs rebounded on October 11th with a staggering $253.6 million in inflows, led by large funds from Fidelity and ARK 21Shares. Ethereum ETFs, on the other hand, showed little movement, highlighting the stark contrast in investor interest. Bitcoin ETFs recover with large inflows The US Spot Bitcoin Exchange Traded Fund recorded net inflows of $253.6 million on October 11, after three consecutive business days of withdrawals. According to data provided by Farside Investors, the ARK 21Shares Bitcoin ETF received $97.6 million and the Fidelity Wise Origin Bitcoin Fund received $117.1 million, marking the best performance among…
advertisement     According to CoinShares According to the latest weekly report, inflows into crypto products increased significantly last week. These inflows coincided with a recovery in crypto prices, with Bitcoin (BTC) and most altcoins rising. These inflows mark the third consecutive week of positive data for crypto investment products. The report attributes the positive trend in data to U.S. macroeconomic events. Interest in risk assets increased after the US Federal Reserve cut interest rates earlier this month. Dovish monetary policy led to a 6.2% increase in total crypto assets under management last week. Bitcoin had the most inflows, reaching…