This Upcoming ETF Hedges Both Bitcoin And Gold Against Inflation

Fund manager 21Shares is set to launch a new exchange-traded product (ETP) that will track both Bitcoin and Gold under one instrument. The ETP is set to begin trading on the SIX Swiss Exchange this week.

Timeline of Bitcoin

Bitcoin and Ethereum have always been at the forefront for institutional investors. This is with good reasons too as not only are these the largest cryptocurrencies by market cap, but they are also the most popular with the best prospects.

Bitcoin is finally moving away from what many consider its Achilles heel, its reliance on non-renewable sources of energy. According to the Bitcoin Mining Council's latest quarterly survey, the bitcoin mining industry is increasing its dependence on electricity from sustainable sources, significantly reducing its dependence on non-renewables.

Brazil just became the latest country to regulate its crypto industry. The countrys Senate just passed a bill, also known as the Bitcoin bill, that will regulate digital currencies in the country.

A survey has found that Salvadorans are using the state-run Chivo bitcoin (BTC) app and wallet sparingly if at all, with most simply downloading it to receive a USD 30 worth of bitcoin as a golden hello before returning to using the dollar.

Despite the Bitcoin (BTC) price action being firmly bearish, technical indicators suggest a significant rebound could occur soon. The post Bitcoin (BTC) Negates Recent Gains With Bearish Candlestick appeared first on BeInCrypto.

The month of April has been very harsh on the cryptocurrency market. Since the start of the month, the cryptocurrencies are struggling to find a stable bull run and with this the global cryptocurrency market has plunged by 4.48% over the last 24hrs. Along Bitcoin, the Altcoins too have been dragged where most of these …

Researchers from the Queensland University of Technology recently published a study on the dark tetrad personality and cryptocurrency attitudes. The post A response to the claim “dark tetrad” personality types are drawn to Bitcoin appeared first on CryptoSlate.

Bitcoin (BTC) slumped on Wednesday, sinking below a key support level and triggering mass liquidations across the crypto market. The token's latest slump appears to be directly tied to a drop in major U.S. technology stocks.

Bitcoin price again registered one of the steepest bearish candles in the previous day after being rejected at $40,000. The price corrected more than 6% and still finding strong bullish support to recover from the losses. Despite the bearish trend, the price holds above the trend line manifesting its strength. The strength of the USD, …

America's largest retirement savings plans 401(k) provider, Fidelity Investments, is set to permit the allocation of some of its client's funds into Bitcoin, a move it said was based on popular demand.