VanEck Europe has launched an exchange-traded note (ETN) physically backed by Bitcoin. The ETN will be listed on the German trading venue Xetra.
Cryptocurrencies represent an internet-based medium of exchange that takes advantage of cryptographical functions in order to conduct financial transactions. They leverage blockchain technology to achieve decentralization, immutability, and transparency.
According to the latest crypto news, there are thousands of cryptocurrencies in existence. However, the most popular ones include Bitcoin, Ethereum, Ripple, Binance Coin, Bitcoin Cash, Tezos, Tron, Litecoin, and EOS, acquire more than 80% of the total market cap.
Decentralized cryptocurrencies such as Bitcoin, have one substantial advantage - no single authority can control them. Instead, they are governed by an algorithm that’s pre-programmed and defined. This takes away the human factor and makes the entire network transparent and immutable.
Cryptos can be sent directly between two parties, in a rapid and cheap process, compared to traditional bank transfers. Since there is no central authority or a middleman, the users can go through the process without having to worry about complying with different rules.
The Latest Crypto News
The US-based cryptocurrency exchange Coinbase Pro will suspend margin trading entirely starting from December to comply with CFTC guidance.
CNBC's Fast Money trader Brian Kelly reveals several reasons why Bitcoin and the crypto market could experience a short-term correction.
Large-cap altcoins have stalled following the recent gains, while Bitcoin surged to its new yearly high of $19,450. It since corrected and recovered almost immediately.
Ethereum is on fire right now, both in exchanges and in Google. But does it affect the price or is it just a strange coincidence?
Bitcoin prices came within just 3% of their all-time high during late trading on Tuesday as analysts scramble to predict the next peak.
XRP surged another 25.8% today against the USD. Against Bitcoin, XRP also surged higher as it hit 4300 SAT. However, it struggled to close a 4HR candle above resistance at 3800 SAT (October 19’ Highs).
What would be the potential effect on Bitcoin if the open BTC critic Janet Yellen takes the US Treasury secretary position in the Biden administration?
Bitcoin price has managed to shake off fears of a correction today and is continuing to print new highs. During the start of the European trading session this morning between 08:00 -10:00 (UTC), BTC surged over $700 as a further
Open interest in Binance's bitcoin futures market registered an all-time high along with daily BTC futures volumes, which are currently the highest on the platform.