Bitcoin Price Touches the $37K Zone, Crypto Economy’s Market Cap Hits $1 Trillion
The price of bitcoin smashed through the last all-time high again jumping above the $37k zone to $37,400 per coin. The crypto asset’s market valuation is around $689 billion at the time of publication, as it has seen $26 billion in trade volume worldwide....
Trump Bans Chinese Payment App Giants Alipay and Wechat- Order Could Steer Billions of Dollars Toward Bitcoin
Cryptocurrencies may see a boost between China and the U.S., as the American president Donald Trump has signed an executive order banning financial transactions with eight China-based payment applications. Following the signing of Trump’s new executive order,...
Regulated Bitcoin ETPs Skyrocket, Coinshares Cites ‘Unprecedented Interest from Institutional Investors’
The Sweden-based XBT provider Coinshares saw roughly $202 million in XBT certificates swap hands on the market’s first day of trading in 2021. Meanwhile, on the same day, the bitcoin exchange-traded product BTCE saw $100 million in trade volume. Coinshares Group...
Israeli Regulator Designates Utility Tokens Issued by Companies as Securities
The Israel Securities Authority (ISA) recently ruled that utility tokens issued by companies are securities and, therefore, cannot be classified as assets. The ISA’s decision comes after Israeli tech startup Kirobo sought to convince the regulator that its...Interesting 13
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