FinixytaUntitled post
Fed Whispers, ECB Echoes, and Bitcoin’s Low-Key Rebellion The past forty-eight hours have been an exercise in central-bank monotony—punctuated only by bond traders shrugging and crypto speculators holding their breath. If you tuned out after the Fed’s ritualistic pause on Thursday, here’s everything you actually need to know. The Fed held the federal-funds rate at 5.25–5.50%, citing “moderate further progress” on 3.1% core PCE. Translation: inflation is stubborn, but they’d rather stall than ...
FinixytaCentral Banks Play Chicken, Crypto Toasts Champagne, and Markets Shrug
Central Banks Play Chicken, Crypto Toasts Champagne, and Markets ShrugOh, the holidays are here, and what better gift than another central bank rate cut wrapped in dovish ribbon? The Bank of England slashed its benchmark to 3.75% yesterday—13 basis points lower than whispers suggested—citing "progress on inflation" while pretending the UK's productivity black hole isn't widening. MPC minutes drip with caveats: wage growth stubborn at 5%, services inflation lurking above 4%. Translation? They'...
FinixytaEURC: Circle’s Euro Stablecoin Now Available on Base
EURC: Circle’s Euro Stablecoin Now Available on Base Key Points Circle Expands EURC to BaseNew Listing: Circle has listed its Euro stablecoin, EURC, on the Ethereum Layer-2 solution, Base. This follows the listing of Circle’s USDC on Base last year.Supporting Platforms: The launch is supported by multiple crypto exchanges and DeFi protocols, including Aerodrome, Coinbase, Coinbase Wallet, and Uniswap Labs.Market PositionCurrent Market Cap: EURC has a market capitalization of $38 million, rank...
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FinixytaCrypto Fund Manager on the Rise: Bitwise Acquires ETC Group and Expands into Europe
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FinixytaCrypto Fund Manager on the Rise: Bitwise Acquires ETC Group and Expands into Europe
FinixytaUntitled post
Fed Whispers, ECB Echoes, and Bitcoin’s Low-Key Rebellion The past forty-eight hours have been an exercise in central-bank monotony—punctuated only by bond traders shrugging and crypto speculators holding their breath. If you tuned out after the Fed’s ritualistic pause on Thursday, here’s everything you actually need to know. The Fed held the federal-funds rate at 5.25–5.50%, citing “moderate further progress” on 3.1% core PCE. Translation: inflation is stubborn, but they’d rather stall than ...
FinixytaCentral Banks Play Chicken, Crypto Toasts Champagne, and Markets Shrug
Central Banks Play Chicken, Crypto Toasts Champagne, and Markets ShrugOh, the holidays are here, and what better gift than another central bank rate cut wrapped in dovish ribbon? The Bank of England slashed its benchmark to 3.75% yesterday—13 basis points lower than whispers suggested—citing "progress on inflation" while pretending the UK's productivity black hole isn't widening. MPC minutes drip with caveats: wage growth stubborn at 5%, services inflation lurking above 4%. Translation? They'...
FinixytaEURC: Circle’s Euro Stablecoin Now Available on Base
EURC: Circle’s Euro Stablecoin Now Available on Base Key Points Circle Expands EURC to BaseNew Listing: Circle has listed its Euro stablecoin, EURC, on the Ethereum Layer-2 solution, Base. This follows the listing of Circle’s USDC on Base last year.Supporting Platforms: The launch is supported by multiple crypto exchanges and DeFi protocols, including Aerodrome, Coinbase, Coinbase Wallet, and Uniswap Labs.Market PositionCurrent Market Cap: EURC has a market capitalization of $38 million, rank...
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Bitwise Asset Management has announced its acquisition of the ETC Group, the London-based issuer of the largest physically-backed Bitcoin ETP (BTCE) in Europe. This strategic move allows Bitwise to expand its operations across the Atlantic and strengthen its foothold in the European market.
By acquiring the ETC Group, Bitwise adds nine European-listed crypto ETPs to its diverse range of crypto investment products. The ETC Group’s offerings include the largest and most traded physically-backed Bitcoin ETP (BTCE), as well as other products like Ethereum with staking (ET32), Solana (ESOL), XRP (GXRP), and the MSCI Digital Assets Select 20 (DA20) ETPs.
An ETP, or Exchange-Traded Product, is a general term for investment products that are traded on exchanges like stocks, including the well-known ETFs (Exchange-Traded Funds). The ETC Group's ETPs will continue to be physically backed, with only the product names being rebranded under the Bitwise label.
With this acquisition, Bitwise's assets under management have surged to an impressive $4.5 billion. Earlier in 2024, Bitwise aggressively expanded its crypto ETP offerings in the U.S. and is now setting its sights on the European market.
Matt Hougan, CEO of Bitwise, remains extremely bullish on Bitcoin’s value prospects, as he indicated in a recent report by BTC-ECHO. Bitwise plans to strategically enhance the ETC Group’s offerings in Europe, aiming to further solidify its position as a global crypto asset manager.
For more Content check out our Blog: https://finixyta.com/crypto-craze-in-turkey-a-golden-opportunity-or-fools-gold/
Bitwise Asset Management has announced its acquisition of the ETC Group, the London-based issuer of the largest physically-backed Bitcoin ETP (BTCE) in Europe. This strategic move allows Bitwise to expand its operations across the Atlantic and strengthen its foothold in the European market.
By acquiring the ETC Group, Bitwise adds nine European-listed crypto ETPs to its diverse range of crypto investment products. The ETC Group’s offerings include the largest and most traded physically-backed Bitcoin ETP (BTCE), as well as other products like Ethereum with staking (ET32), Solana (ESOL), XRP (GXRP), and the MSCI Digital Assets Select 20 (DA20) ETPs.
An ETP, or Exchange-Traded Product, is a general term for investment products that are traded on exchanges like stocks, including the well-known ETFs (Exchange-Traded Funds). The ETC Group's ETPs will continue to be physically backed, with only the product names being rebranded under the Bitwise label.
With this acquisition, Bitwise's assets under management have surged to an impressive $4.5 billion. Earlier in 2024, Bitwise aggressively expanded its crypto ETP offerings in the U.S. and is now setting its sights on the European market.
Matt Hougan, CEO of Bitwise, remains extremely bullish on Bitcoin’s value prospects, as he indicated in a recent report by BTC-ECHO. Bitwise plans to strategically enhance the ETC Group’s offerings in Europe, aiming to further solidify its position as a global crypto asset manager.
For more Content check out our Blog: https://finixyta.com/crypto-craze-in-turkey-a-golden-opportunity-or-fools-gold/
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