Tag Archives: VanEck

Various analysts are warning traders that they shouldn’t expect a bitcoin exchange-traded fund (ETF) this year. Despite bitcoin doing better than ever – it’s now trading in the high $30,000 range – such a product is still likely to carry several red flags wherever it goes.A Bitcoin ETF May Not Happen This YearTodd Rosenbluth – head of ETF and mutual fund research at CFRA Research – explained in a recent interview that the Securities and Exchange Commission (SEC) is becoming even pickier when...

In yet another leg up, Bitcoin recorded a brand new all-time high just shy of $35,000. While this may have seemed surprising a few weeks back, at this point, most are somewhat used to it. The cryptocurrency is charting consecutive highs daily, and it shows no signs of slowing down.The spike may bring some 2017 flashbacks when Bitcoin was going up with no apparent limits, only to plummet nearly 70% the following year. And considering we’re already in a new year after a super bullish December...

Die Deutsche Börse AG betreibt heute am Standort Frankfurt am Main im Kassamarkt-Geschäftsbereich Deutsche Börse Cash Market zwei Handelsplätze basierend auf der Handelstechnologie von Xetra. Die Börse Stuttgart verkauft bereits echte Bitcoins via Bison Smartphone App und im digitalen Exchange BSDEX. Doch der Kauf und vor allem die sichere Aufbewahrung von Bitcoin ist immer...

Founded in 1955, VanEck is among the world’s largest investment management firms. Its European branch, VanEck Europe, announced today the official release of an ETN, physically-backed by Bitcoin.The statement came from the company’s digital asset director – Gabor Gurbacs. He noted that releasing such a service has been a “top priority for VanEck.”The ETN will be listed on the Frankfurt-based exchange Xetra. Its price performance will reflect the MVIS CryptoCompare Bitcoin VWAP Close index,...

Gold has crossed the $1,700 mark for the first time since 2012 as traders and investors seek wealth security in these times of economic uncertainty — headlined by the COVID-19 outbreak. The recent gains in the gold market coincide with pressures on Bitcoin, which has dropped from nearly $7,500 to about $6,800 within seven days.As of writing these lines, gold’s daily high lies at $1,722 following a 16% increase since the monthly low of March 16, 2020, at $1,450.Gold, since 1971....

Metro Toronto Convention Centre Der Investmentfirma 3iQ aus Kanada ist es gelungen, den ersten öffentlich zugänglichen Bitcoin-Fonds an der Toronto Stock Exchange zu platzieren. Anleger können für 11 US-Dollar in den Fonds einsteigen. Auch die Gemini-Krypto-Exchange der Winklevoss-Zwillinge ist Teil des Bitcoin-Fonds. Sie nehmen die Funktion ein, die im Fonds verbrieften...

Normally, this ongoing drop in prices, which comes only a month after a 42% expansion in a day, pushed the bulls to their limit. An eminent Twitter trader, Bitlord, said he had left the Bitcoin business due to the ongoing tumult in the market, denoting an indication of capitulation.Over the past day, the Bitcoin bulls have finally been granted a reprieve, with the BTC going from a weekly minimum of $6,526 to $7,378.13, which represents a massive increase of more than 10%. With this reprieve...

Exactly nine months after opening its doors for business, DX.Exchange, a trading platform powered by Nasdaq, has thrown in the towel due to financial difficulties. Currently, the platform is looking for a buyer or better still a merger.The news was released via an announcement on Nov. 3, telling the world that the cost of operating the platform in the aspects of security, support and technology is too much to bear.Good Intention, Bad ExecutionThe original idea for DX.Exchange was to become a...

Photo: 3iQ Corp / Twitter3iQ Corp (3iQ), Canadian investment fund manager received approval from the Ontario Securities Commission (OSC) to launch a closed-end Bitcoin fund to retail investors. OSC panel has not placed any conditions on the Bitcoin fund, such as restricting the entities with whom the fund could purchase and sell Bitcoin, and addressing insurance requirements for the fund’s bitcoin held in wallets.3iQ has taken reasonable steps to mitigate the risks associated with the fund...

It looks like the love and hype surrounding a bitcoin exchange-traded fund (ETF) hasn’t dissipated completely. A gold fund company has gone crypto and is now developing a new bitcoin ETF that’s currency being reviewed by the Securities and Exchange Commission (SEC).Is Another Bitcoin ETF Heading Our Way?The company bringing the ETF proposal this time around is Kryptoin, a gold-based enterprise situated in Delaware. At the head of the operation is the Jason Toussaint, the former managing...