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Bitcoin News Roundup for Feb. 3, 2021

Bitcoin News Roundup for Feb. 3, 2021

FromMarkets Daily Crypto Roundup


Bitcoin News Roundup for Feb. 3, 2021

FromMarkets Daily Crypto Roundup

ratings:
Length:
7 minutes
Released:
Feb 3, 2021
Format:
Podcast episode

Description

With BTC trading in its recent range and a look at DeFi in a post-WallStreetBets world, CoinDesk’s Market Daily is back with the latest news roundup.Add Markets Daily to your Alexa Flash Briefing here.This episode is sponsored by Nexo.io.Today's stories:Crypto Bulls Are Back as Ether Hits All-Time High, Bitcoiners Hoard GameStop comedown shows appeal of social media-fueled trading. Dogecoin chatter in Reddit reveals cryptocurrency analogue.Bitwise Asset Management said Tuesday it's seeking U.S. regulatory approval to publicly trade shares of its bitcoin fund on the over-the-counter marketplace OTCQX. “There is significant growth in interest from professional investors in accessing bitcoin as a tool to hedge their portfolios against rising inflationary risk,” says Matt Hougan Bitwise’s chief investment officer.Grayscale Investments reopened its Ethereum Trust earlier this week to accredited investors. (NOTE: Grayscale is a unit of Digital Currency Group, which also owns CoinDesk.) Switzerland's 21Shares (formerly known as Amun) is launching the world's first exchange-traded product for the cryptocurrency polkadot (DOT), to be traded on the Swiss SIX Exchange under the ticker symbol PDOT. Prices for DOT have doubled this year, for a market capitalization of about $15 billion.The investment firm Accelerate Financial Technologies is seeking approval from Canadian securities regulators to list a bitcoin exchange-traded fund on the Toronto Stock Exchange, CoinDesk's Tanzeel Akhtar reported Wednesday. Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Get started at nexo.io.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Feb 3, 2021
Format:
Podcast episode

Titles in the series (100)

Tune in as CoinDesk Editor Adam B. Levine and Associate Producer Adrian Blust run down daily action in crypto markets and some of the most important recent industry developments.