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US-Based Invesco Investment Firm Launches Physical Bitcoin ETP In Europe

Invesco investment management firm is moving into the crypto Exchange-Traded Product (ETP) space with its launch of a physical bitcoin exchange-traded product in Europe. This comes after the investment company dropped a filing for a Bitcoin futures Exchange-Traded Fund (ETF) in the US.  Deutsche Börse, a German company providing marketplace organizing for the trading of

Bitcoin cools from 1-week highs with key long-term metric echoing $44K

Bitcoin (BTC) returned to cement higher support on Nov. 30 after the latest BTC price comeback halted near $59,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView RSI sees “bullish engulfing” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reversing to local lows of $55,920 on Bitstamp overnight. The pair then recovered to circle $56,500 at

WildWorks Joins Crypto Games, Launching Tokenized Avatars and Virtual Worlds in Jan

Interactive game company WildWorks said it will enter the field of encrypted games and establish a new department focused on the development of the NFT virtual game community. Wildworks has 18 years of experience in building games and online virtual worlds. From January, the Wildworks team began preparing for the new blockchain native metaverse called Cinder. Users

United Arab Emirates to Issue its First NFT-Backed Stamps

The United Arab Emirates, through the Emirates Post Group (EPG), is set to launch the region’s first Non-Fungible Token-backed postage stamps. As reported by TradeArabia, the NFT-backed postage stamps will be officially launched by Thursday, December 2. According to the EPG, the NFTs will have a dual identity, one as an NFT and the other

MicroStrategy Acquires Extra 7,002 Bitcoins, Bringing its Portfolio to over 121K BTC

Ever since institutional investments started trickling into the Bitcoin market, the leading cryptocurrency has experienced exponential growth, with its market capitalization topping $1 trillion. One of the notable institutional investors includes American business intelligence firm MicroStrategy that has continuously accumulated Bitcoin to 121,044 BTC over the past year. The firm’s CEO Michael Saylor confirmed the

DeFi TVL hits new highs while Metaverse tokens show signs of exhaustion

Sentiment in the cryptocurrency market is back on the rise on Nov. 29 as the recent dip down into the “extreme fear” zone on the Crypto Fear and Greed Index improved slightly after Bitcoin (BTC) recovered above the $57,000 support, lifting the index higher into the “fear” zone. Fear & Greed Index. Source: Alternative.me Despite the

Kelly Strategic Management files for Ethereum futures ETF

Denver-based investment firm Kelly Strategic Management has filed for an exchange-traded fund (ETF) offering exposure to Ethereum (ETH) futures contracts. The move comes just three months after VanEck and ProShares suddenly withdrew their ETH futures ETF applications on the same day in August. According to a Nov. 29 filing with the U.S. Securities and Exchange

Litecoin and One Under-the-Radar Altcoin Could Be Carving Out Bottoms, Says Crypto Analyst Michaël van de Poppe

Popular crypto strategist and trader Michaël van de Poppe is looking at two altcoins that he says are potentially flashing reversal signals. In a new strategy session, Van de Poppe tells his 149,000 YouTube subscribers that Litecoin could be forming a bullish higher-low setup against Bitcoin (LTC/BTC) at 0.0033 BTC or $190.38. “Even Litecoin might