Bitcoin Hits All-Time High, Lotte World Opens in Metaverse
Bitcoin hits all-time high. Korea’s Lotte World opens in the metaverse. Hong Kong-based Animoca Brands closes $65 million capital raise. We’ll have more on those stories — and other news shaping the cryptocurrency and blockchain world — in this episode of The Daily Forkast.
Jacobi Asset Management Wins Approval to Launch Bitcoin ETF in Guernsey
Newcomer digital assets manager Jacobi Asset Management has won approval from regulators on the island of Guernsey to launch a physically backed bitcoin ETF. CEO Jamie Khurshid shares insights into the prospective listing, this week’s crypto market activity, and outlook for bitcoin.
Houston Firefighters Pension Fund Makes Bitcoin, Ether Purchase
The fund has invested $25 million in crypto in what appears to be a first for a U.S. public pension plan.
Crypto Market Cap Surges to Record $2.7T
The record high comes as the world’s two largest cryptocurrencies continue to rally.
How Does Crypto Fit Into a Passive Investment Strategy?
And how should advisors approach it as an investment for their clients?
Bitcoin Futures ETFs Are Here. Is a Physical ETF Soon to Follow?
The bitcoin ETF marketplace is rapidly evolving, with a futures-based ETF most recently receiving SEC approval. When can investors expect a physical ETF?
Crypto Miner Hut 8 Buys 12,000 New MicroBT Miners for $58.7M
The company expects to start taking delivery in January 2022.
Bitcoin Holds Above $66K, but Elevated Funding Rates Call for Caution
Elevated funding rates often pave the way for temporary price pullbacks
Options Traders Bet Big Ether’s Turn for an ETF Is Coming Soon
Crypto options market indicates some traders have become more bullish on ether’s price next year.
Bitcoin All-Time High Breakout Could Target $86K, Price Charts Suggest
The world’s largest cryptocurrency’s price has now fully recovered from a near 50% correction earlier this year.
