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Global Financial Indexes Provider MSCI Plans to Launch Crypto Indexes

Jun 18, 2021Blockchain News

Global Financial Indexes Provider MSCI Plans to Launch Crypto Indexes Global securities index publisher MSCI is considering launching cryptocurrency indexes, Reuters report Thursday. Henry Fernandez, CEO of MSCI- a global securities index issuer, stated that MSCI is considering launching cryptocurrency asset indexes, which will be another step towards mainstream companies accepting digital currencies and related transactions. The crypto

BTC & ETH Have Been the Best Risk-Adjusted Assets over the Last Year

Jun 18, 2021Blockchain News

BTC & ETH Have Been the Best Risk-Adjusted Assets over the Last Year Bitcoin (BTC) and Ethereum (ETH) have been the best risk-adjusted assets over the last year based on the Sharpe Ratio. According to data science firm IntoTheBlock: “The Sharpe Ratio is one of the most used metrics in traditional finance to assess the

BTC & ETH Have Been the Best Risk-Adjusted Assets over the Last Year

Jun 18, 2021Blockchain News

Blockchain Intelligence Startup TRM Labs Raises $14M Investment Round from PayPal & Salesforce

Jun 18, 2021Blockchain News

Blockchain Intelligence Startup TRM Labs Raises $14M Investment Round from PayPal & Salesforce San Francisco-based blockchain intelligence platform TRM Labs announced the company completes a Series A funding with a total value of $14 million on June 17. It is reported that the A-Round led by Bessemer Venture Partners, a venture capital firm with 130 IPOs.

World Bank Refuses El Salvador’s Request to Assist Bitcoin Currency Adoption

Jun 17, 2021Blockchain News

World Bank Refuses El Salvador’s Request to Assist Bitcoin Currency Adoption On Wednesday, June 16, the World Bank announced that it rejects helping El Salvador to implement its Bitcoin adoption agenda given environmental and transparency concerns. “We are committed to helping El Salvador in numerous ways, including for currency transparency and regulatory processes,” the World Bank spokesperson

The Number of Ethereum Deposits on Crypto Exchanges Hit a 5-Month Low-What This Mean

Jun 17, 2021Blockchain News

The Number of Ethereum Deposits on Crypto Exchanges Hit a 5-Month Low-What This Mean Ethereum (ETH) has been consolidating ever since the second-largest cryptocurrency plummeted to lows of $2,000 before returning to $2,410 from an all-time high (ATH) of $4,350. Nevertheless, the number of ETH deposits on crypto exchanges continues to diminish, as disclosed by

U.S. SEC Postpones VanEck’s Bitcoin $BTCUSD ETF Application Again

Jun 17, 2021Blockchain News

U.S. SEC Postpones VanEck’s Bitcoin $BTCUSD ETF Application Again U.S. Securities and Exchange Commission (SEC) Wednesday once again postponed to decide the application of VanEck Bitcoin $BTCUSD Trust’s proposed Bitcoin ETF. This move is the second time delay to extend the review period on the application of Bitcoin $BTCUSD ETF since April. According to Bloomberg’s

DeFi Derivatives Platform SynFutures Raises $14M in Series A Funding Led by Polychain

Jun 17, 2021Blockchain News

DeFi Derivatives Platform SynFutures Raises $14M in Series A Funding Led by Polychain Singapore-based Decentralized finance (DeFi) derivatives exchange-SynFutures announced Wednesday completed a Series A funding with a total value of $14 million. It is reported that Polychain Capital led the financing, a company specialising in investing in cryptocurrency protocols and companies, and other companies included Framework,

India Consults Stakeholders Related to Cryptocurrency Ban

Jun 17, 2021Blockchain News

India Consults Stakeholders Related to Cryptocurrency Ban Indian central government and its monetary authority, the Reserve Bank of India (RBI), is reportedly taking steps to analyse the clause of the previous plans to ban digital currencies in the country. According to BloombergQuint, the central government talks to key stakeholders to review the “Cryptocurrency and Regulation

Digital Euro Will Pull Out Traditional Bank Deposits by 8%, Says Morgan Stanley

Jun 17, 2021Blockchain News

Digital Euro Will Pull Out Traditional Bank Deposits by 8%, Says Morgan Stanley American investment bank Morgan Stanley analysts evaluate the potential impact of the proposed Digital Euro on the Eurozone member countries. According to a Reuters report, it was estimated that the launch of the Central Bank Digital Currency (CBDC) would significantly reduce traditional

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