Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $1,070 trillion. Bitcoin is down by nearly 2% after intense seesawing this week. Ethereum increased by almost 2% over the past seven days. XRP lost more than 1% in value this week. Almost all altcoins are trading in the red, with a few exceptions. The DeFi sector decreased the total value of protocols (TVL)…
VanEck
VanEck to Showcase Real-World Utility With First NFT Collection
Asset management company VanEck has taken its first steps in the virtual world with the release of its first collection of non-fungible tokens. Co-founder Matt Barlett revealed that the tokens would likely grant holders exclusive access to various perks. However, VanEck is trying to set its NFTs apart from existing ones as much as possible. VanEck’s Vision for NFTs The New York-based investment firm has dubbed the newly-launched collection the VanEck Community NFT. It comprises 1000 Ethereum-based tokens that feature…
9 months ago 
1.1 k views
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…
1 year ago 763 views
