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“# South Korean pension fund to invest in Bitcoin ETF: Report ” South Korea’s public pension fund, the Korean Teachers’ Credit Union (KTCU), is reportedly looking to gain exposure to Bitcoin (BTC) via a crypto exchange-traded fund (ETF). KTCU, one of the largest institutional investors in South Korea, is considering investing in a pure Bitcoin…
“# Dubai regulator announces new regulations for investment tokens ” The Dubai Financial Services Authority (DFSA) has established a regulatory framework for investment tokens as part of its efforts to stimulate the digital financial and technological environment while also meeting market players’ demands and requirements. The DFSA is an independent regulatory body in Dubai that…
“# Valour Uniswap exchange-traded product to increase UNI exposure ” Valour, a Zurich-based exchange-traded products (ETP) issuer, announced the launch of a fully-backed investment product to increase exposure to Uniswap decentralized exchange’s native token, UNI. The UNI token serves as the underlying asset within the Valour Uniswap ETP offering available as a fully-backed passive investment…
“# SuperRare has fewer buyers, but they purchase more expensive NFTs, data shows ” NFT marketplace SuperRare has set a new monthly record of $31.4 million for total sales volume with a week to spare until the end of October, according to Dune Analytics. SuperRare is a single-edition Ethereum (ETH) NFT marketplace, where collectors can…
“# Stellar partners tap USDC for remittances between Europe and Africa ” The Stellar Development Foundation (SDF) has announced that it will facilitate a new remittance channel between Europe and Africa using the USD Coin (USDC) stablecoin. On Oct. 25, the SDF announced that global payments technology company Flutterwave will use the USD Coin (USDC)…
“# Okcoin reports altcoins drove institutional interest in crypto for 2021 ” Cryptocurrency exchange Okcoin has reported the number of and trading volume of institutions surged significantly in the last year, driven largely by stablecoins and tokens in decentralized finance. In a report released on Oct. 26, Okcoin said it had seen a 450% increase…
“# Bakkt shares skyrocket after partnering with Mastercard and Fiserv ” The share price of the Intercontinental Exchange-backed crypto services company Bakkt ($BKKT) has surged as it unveiled two partnerships with major global payments firms. On Monday 25 Oct., Mastercard announced it would be working with digital asset platform Bakkt to allow its customers based…
“# Telsa hints it may soon resume support for crypto payments ” Tesla, the majo electric vehicle manufacturer headed by Dogecoin proselytizer Elon Musk, has hinted that it may soon look to restore support for crypto payments. In a September quarterly filing with the U.S. Securities and Exchanges Commission (SEC), the firm stated it “may…
“# 3 reasons why Harmony (ONE) rallied to a new all-time high ” Ecosystem development funds have become one of the latest market-moving trends in the crypto sector and protocols with large treasuries have discovered that reward and incentive programs are one of the best ways to attract new users and protocols to a project. …
“# Bitcoin price action in 2021 so far mirrors 2017 — Will it continue? ” Bitcoin’s (BTC) recent rally has finally broken through to reach widely anticipated new all-time highs. With September being left behind and “Uptober” delivering on high hopes, many analysts are increasingly confident that the year will play out in the same…