New Approach: VanEck Files For Digital Asset Mining ETF

The SEC has not crushed VanEck’s hopes of expanding indirect exposure to the crypto industry. Following a failed attempt at a spot Bitcoin ETF, the fund manager has filed for a fund linking to digital asset mining companies. The ETF will be 80% invested in securities from crypto mining businesses. Exposure To The Mining Industry According to VanEck’s application with the SEC yesterday, the mining companies included must generate at least 50% of their revenues from mining activity. Furthermore, the…

NSAV On the Road To Become U.S. Second Public Cryptocurrency Exchange

Net Savings Link, Inc. (OTC Pink: NSAV, a digital asset technology company aiming to provide software solutions, e-commerce, advisory services, financial services, and information technology, plans to launch its crypto exchange on August 9. The development will make it the second U.S. publicly traded crypto exchange within the global $2 trillion markets, following the Coinbase IPO in April. The company noted that they are genuinely pleased to be right on schedule to launch their own Cryptocurrency Exchange, which is momentous…

Bitcoin Exit Strategies: An In-depth Guide

Entering a Bitcoin trade at an opportune moment can be a hassle at its best. But exiting a trade can be far more challenging, especially if you lack a solid exit strategy. Not knowing when to exit a market can result in taking premature profits or becoming an unwilling Bitcoin holder. If you're thinking of taking some of your Bitcoin profits and reinvesting it in other sectors or paying some bills, you really need to develop an effective exit strategy.…

Diginex Places $38.6 Million on its Growing Digital Asset Ecosystem

Diginex (EQOS), the Hong Kong-based digital assets group, has entered into definitive agreements with particular institutional investors to scale up aggregate gross proceeds of about $38.6 million via the private placement of its equity securities. Diginex will trade an aggregate of 2,571,669 of its ordinary shares together with warrants to acquire up to a total of 2,571,669 ordinary shares at $15.00 per share and accompanying warrant. The contracts should take effect straight away with a term of three years and…

Kraken Rededicates To Digital Asset Offerings Bringing India A New Crypto Era

On the 9th of March 2020, The Crypto exchange Kraken made a revelation that it plans to increase its offerings and services in the Indian financial market. This 9th of March 2020 announcement follows the recent ruling that lifts a ban on crypto trading by India's Supreme Court.  The March 4th ruling has created a much-needed breathing space for India's crypto community. The Supreme Court lifted a long-standing crypto ban by the Reserve bank of India (RBI) on the trade…