Bitcoin News Roundup for Feb. 3, 2021
With BTC trading in its recent range and a look at DeFi in a post-WallStreetBets world, CoinDesk’s Market Daily is back with the latest news roundup. Add Markets Daily to your Alexa Flash Briefing here. This episode is sponsored by Nexo.io. Today's stories: Crypto Bulls Are Back as Ether Hits All-Time High, Bitcoiners Hoard GameStop comedown shows appeal of social media-fueled trading. Dogecoin chatter in Reddit reveals cryptocurrency analogue. Bitwise Asset Management said Tuesday it's seeking U.S. regulatory approval to publicly trade shares of its bitcoin fund on the over-the-counter marketplace OTCQX. “There is significant growth in interest from professional investors in accessing bitcoin as a tool to hedge their portfolios against rising inflationary risk,” says Matt Hougan Bitwise’s chief investment officer. Grayscale Investments reopened its Ethereum Trust earlier this week to accredited investors. (NOTE: Grayscale is a unit of Digital Currency Group, which also owns CoinDesk.) Switzerland's 21Shares (formerly known as Amun) is launching the world's first exchange-traded product for the cryptocurrency polkadot (DOT), to be traded on the Swiss SIX Exchange under the ticker symbol PDOT. Prices for DOT have doubled this year, for a market capitalization of about $15 billion. The investment firm Accelerate Financial Technologies is seeking approval from Canadian securities regulators to list a bitcoin exchange-traded fund on the Toronto Stock Exchange, CoinDesk's Tanzeel Akhtar reported Wednesday. Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Get started at nexo.io.
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Show Notes
With BTC trading in its recent range and a look at DeFi in a post-WallStreetBets world, CoinDesk’s Market Daily is back with the latest news roundup.
Add Markets Daily to your Alexa Flash Briefing here.
This episode is sponsored by Nexo.io.
Today's stories:
Crypto Bulls Are Back as Ether Hits All-Time High, Bitcoiners Hoard
GameStop comedown shows appeal of social media-fueled trading. Dogecoin chatter in Reddit reveals cryptocurrency analogue.
Bitwise Asset Management said Tuesday it's seeking U.S. regulatory approval to publicly trade shares of its bitcoin fund on the over-the-counter marketplace OTCQX. “There is significant growth in interest from professional investors in accessing bitcoin as a tool to hedge their portfolios against rising inflationary risk,” says Matt Hougan Bitwise’s chief investment officer.
Grayscale Investments reopened its Ethereum Trust earlier this week to accredited investors. (NOTE: Grayscale is a unit of Digital Currency Group, which also owns CoinDesk.)
Switzerland's 21Shares (formerly known as Amun) is launching the world's first exchange-traded product for the cryptocurrency polkadot (DOT), to be traded on the Swiss SIX Exchange under the ticker symbol PDOT. Prices for DOT have doubled this year, for a market capitalization of about $15 billion.
The investment firm Accelerate Financial Technologies is seeking approval from Canadian securities regulators to list a bitcoin exchange-traded fund on the Toronto Stock Exchange, CoinDesk's Tanzeel Akhtar reported Wednesday.
Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Get started at nexo.io.