Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
ETNs
Positive News For Bitcoin As ETNs Hit The LSE While These Top Coins Dominate Investor Portfolios
The post Positive News For Bitcoin As ETNs Hit The LSE While These Top Coins Dominate Investor Portfolios appeared first on Coinpedia Fintech News With the upcoming Bitcoin ETNs trading on the London Stock Exchange, enthusiasts anticipate a positive momentum for Bitcoin. Meanwhile, Ethereum, Cardano, Stellar, and the meme coin KangaMoon are dominating investor portfolios amid their positive price increases. Let us look into more detail. KangaMoon (KANG): One Of The Promising Meme Coins To Watch Due to the recent…
1 year ago
Bitcoin and Ether ETNs to Debut on London Stock Exchange in May – Triggers BTC and ETH Price Rally
On May 28, the London Stock Exchange will launch ETNs tracking the price of Bitcoin and Ether, with applicants urged to express interest from April 8. The announcement boosted the price of both cryptos, with BTC soaring past $70,000 for the first time in two weeks as Ether surged over 8% to trade above $3,600. The London Stock Exchange will debut Bitcoin and Ether exchange-traded notes in two months, an announcement that has sparked price rallies for the two largest…
1 year ago
London Stock Exchange (LSE) Reportedly Launching Crypto ETNs on May 28
The London Stock Exchange (LSE) plans to list crypto exchange-traded notes (ETNs) by May 28, after a regulatory shift by the Financial Conduct Authority (FCA). According to reports, the LSE signalled its intent to start accepting proposals for physically backed-bitcoin- and ether-related ETNs, i.e. debt securities that would trade on the exchange during London trading hours. LSE Lays Out the Next Steps On Monday, in a notice, the LSE clarified the next steps for those looking to issue such products;…
1 year ago
Deutsche Boerse Introduces Solana, Tron and Polkadot ETNs through VanEck
Deutsche Boerse has added three new crypto exchange-traded notes (ETNs) in its exchange. It further expands to the previously listed ETNs like BTC, ETH, BCH, and LTC. According to Deutsche Boerse, it officially announced on Tuesday that anyone could trade its three new ETNs. The ETNs, Tron (TRX), Solana (SOL), and Polkadot (DOT), will be available on the Frankfurt Stock Exchange and Xetra. The three ETNs launched by the German stock market operator, Deutsche Boerse, are an addition to the other cryptocurrencies on the…
4 years ago