Morning Brew has added bitcoin to its markets section, replacing the price of gold.
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Digital Assets News
What is a Digital Asset?
A Digital asset is a non-tangible asset that is created, traded, and stored in a digital format. In the context of blockchain, digital assets include cryptocurrency and crypto tokens.
Cryptocurrency and tokens are unique subclasses of digital assets that utilize cryptography, an advanced encryption technique that assures the authenticity of crypto assets by eradicating the possibility of counterfeiting or double-spending.
The key differentiation between the two classes of digital asset is that cryptocurrencies are the native asset of a blockchain — like BTC or ETH — whereas tokens are created as part of a platform that is built on an existing blockchain, like the many ERC-20 tokens that make up the Ethereum ecosystem.
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HIGHLIGHTS Avanti has raised a total of $44 million since its inception.Investors in the firm include a global mix of institutional investors, cryptocurrency companies, and others.Institutional…
The report states that big players who buy and sell bitcoins have considerable market-moving power, and Bitcoin prices could continue to rise as long as asset managers and companies continue to enter the market.
Morgan Stanley becomes the first big U.S. bank to offer its wealth management clients access to bitcoin funds.
Canada, Feb 26, 2021 /AlexaBlockchain/ – CI Global Asset Management has filed and obtained a receipt for a preliminary prospectus for CI Galaxy Ethereum ETF (“ETHX” or the “ETF”). When…
United Arab Emirates, Feb 26, 2021 /AlexaBlockchain/ – Dubai-based FD7 Ventures, a global crypto investment fund with $1 Billion management, has planned to sell off $750 million worth of their…
VersaBank Partners with Stablecorp to develop VersaBank digital currency VCAD.
United States, Feb 25, 2021 /AlexaBlockchain/ – MicroStrategy said it will continue buying Bitcoin using “excess cash” and may issue more debt to finance the purchases. Shares of MicroStrategy jumped…
United Kingdom, Feb 24, 2021 /AlexaBlockchain/ – CoinShares, Europe’s largest digital asset manager with $4 billion in AUM, will launch a new physically backed Exchange Traded Ethereum Product, CoinShares Physical Ethereum…
United States, Feb 24, 2021 /AlexaBlockchain/ – Bitwise Asset Management, a provider of crypto index funds, achieved another major milestone on Tuesday, as total assets under management (AUM) for its…