ETH bonanza as three North American Ethereum ETFs approved in one day

Canadian stock market investors will soon have a wide range of options to choose from when it comes to Ethereum ETFs. While gaining exposure might still be difficult south of the US-Canada border, Canadian investors will shortly have a host of options to choose from to gain exposure to Ethereum (ETH) via an ETF as regulators have approved three different Ethereum ETFs in a single day.  Purpose Investments, Evolve ETFs, and CI Global Asset Management were all approved by Canadian regulators to launch Ethereum-backed ETFs today. The ETFs will be…

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Jim Cramer cashes out half his ‘phoney money’ Bitcoin to pay off mortgage

CNBC host Jim Cramer says he’s “won,” cashing out half of his Bitcoin portfolio to pay off his mortgage, stating that it’s “phoney money paying for real money.” Business TV personality and converted Bitcoin proponent Jim Cramer has sold half of what he calls his “phoney money” Bitcoin portfolio to pay off his mortgage. .@jimcramer discloses that he bought a lot of bitcoin when it was around $12K. He says he sold half of it to pay off his mortgage yesterday. “It was like phony money paying for real money……

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5 Mistakes to Avoid in Cryptocurrency Trading

Even with knowledge, newcomers can make bad decisions under emotional pressure, and we can implement this rule to everything, especially when we’re talking about money, for example, start online betting or trading cryptocurrencies. In addition to the technical and fundamental analysis, the correct psychological attitude is essential. Emotional pressure can lead to ill-considered deals that usually cause serious losses. Often beginners make the same mistakes which do not let them conduct the deals and get the profit. These are the worst ones everyone should avoid. Player Syndrome Newcomers to cryptocurrency…

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You can already invest in hundreds of ETFs with exposure to Bitcoin

Despite the lack of United States-based Bitcoin ETF, hundreds of funds have made significant investments into the blockchain and crypto industries. Numerous U.S.-traded exchange-traded funds, or ETFs, are loading up on shares in the world’s top crypto firms. According to ETF.com, hundreds of funds have invested in publicly-listed companies that are holding BTC on their balance sheets. As of this writing 88 ETFs hold MicroStrategy shares, while 144 ETFs hold Square, and 222 ETFs hold Tesla. Sixteen ETFs have direct exposure to Bitcoin mining stocks. Almost 200 ETFs hold shares…

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South Korea’s largest bank joins Hedera Governing Council

Shinhan Bank plans to use Hedera’s infrastructure to bolster the efficiency of many of its internal processes. Shinhan Bank, South Korea’s largest financial institution by total assets, has joined the governance council overseeing the Hedera network. In an April 14 announcement, Shinhan announced it had become the latest member of the Hedera Governing Council to expand its efforts in the field of “digital transformation.” Hedera touts its hashgraph as an enterprise-grade blockchain platform capable of processing thousands of transactions per second. Shinhan representatives emphasized growing client demand for enhanced efficiency…

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USDT, USDC, and BUSD represent 93% of stablecoin market cap

The three largest stablecoins represent a combined capitalization of $60 billion. Research from on-chain analytics provider Glassnode has revealed that the top three stablecoins represent more than 90% of the sector’s entire market cap. Glassnode’s April 13 “Week On-chain” report found that the top three stablecoins — Tether (USDT), USD Coin (USDC), and Binance USD (BUSD) — have seen significant growth over the past six months to represent a combined capitalization of more than $60 billion, equal to 92.75% of the stablecoin market. By contrast, six months ago the combined…

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Solana (SOL) price rises as airdrops attract new users to the network

Solana price has rallied more than 50% this month as new projects conduct airdrops on SOL blockchain and high Ethereum fees push investors to seek cheaper alternatives. Over the past six months blockchain projects that have issued token airdrops have re-emerged. Most notably, the airdrops by Uniswap (UNI) and MEME will be remembered as recipients were rewarded with gains ranging from $20,000 to $600,000 simply for holding the tokens. One Ethereum (ETH) competitor that has seen numerous projects launch with airdrops in the past three weeks is Solana (SOL), an open-source…

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How to spend bitcoin?

In connection with the entry into the cryptocurrency market of several large investors and traders, the cost of bitcoin has increased significantly. This led to the fact that those users who previously preferred the classic currency became interested in virtual money. There are no problems with storing digital money. A multi-currency wallet such as https://bitmarket.network/ is best suited for this. The resource is characterized by advanced functionality that allows you to safely and profitably conduct transactions related to cryptocurrencies. Although the service is only an alpha version of the wallet, it already…

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Ripple becomes tidal wave, leads weekend pump and notches legal victories

As Ripple fends off SEC lawyers, XRP enjoys an explosive weekend pump Amid a weekend pump carrying multiple cryptocurrencies higher, Ripple’s XRP looks to be leading the way with a push as high as 30% on the daily — carried on the back of a string of legal victories and rumors of relisting at some exchanges.  Where Bitcoin and Ethereum are up merely 2.7% and 3.4% respectively on the day, XRP climbed to $1.36 before retreating to $1.32, where it sits at the time of publication. The digital currency is…

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Enterprise-level partnerships send VeChain (VET) price to new highs

Real-world use cases and enterprise-level partnerships are just a few factors behind VeChain’s recent breakout to a new all-time high. Real-world partnerships and integrations into thriving industries are some of the best forms of validation for blockchain projects that are seeking long-term sustainability and widespread adoption. They also have the ability to spark rallies that trigger long-term price appreciation as brand awareness spreads.  Since February enterprise-level adoption and a wide array of use cases have worked in favor of VeChain (VET), a blockchain-powered supply chain platform that seeks to use…

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