Following its previous successes with Bitcoin and Ethereum ETFs, asset manager Purpose Investments filed a preliminary prospectus with Canadian securities regulators on Thursday. The filing intended to launch what would become the world’s first XRP ETF in Canada and provide…
Bitcoin mining difficulty has recorded its first decline in four months, marking the end of a streak that saw it rise eight consecutive times. According to data from Cloverpool, the mining difficulty fell 2.12% in its latest adjustment on January…
Grayscale Investments launched the Grayscale Bitcoin Miners exchange-traded fund (MNRS) on NYSE Arca on Thursday, providing investors with another way to gain exposure to Bitcoin mining firms. Introducing the Grayscale Bitcoin Miners ETF (ticker: $MNRS) ⛏ $MNRS offers investors targeted,…
The U.S. has added Sophgo Technologies, the AI chip firm owned by Bitmain co-founder Zhan Ketuan, to its trade blacklist. The U.S. has blacklisted Sophgo Technologies, the AI chip company founded by Bitmain co-founder Zhan Ketuan, over concerns its chips…
Liquidity in the cryptocurrency market has surged, with the total market capitalization of stablecoins recently surpassing $200 billion. This increase has historically preceded price rallies. When the liquidity impulse grows, a rally usually follows. USDT’s 30D market cap just turned…
Bitcoin (BTC) miners Bitdeer Technologies (BTDR), CleanSpark (CLSK) and Core Scientific (CORZ) were initiated with an outperform rating by KBW, the investment bank said in a report Monday. The three bitcoin mining companies offer varying degrees of exposure to the…