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UK crypto ETNs see low trading volumes; retail access would be a 'game changer,' says 21Shares
UK crypto ETNs see low trading volumes; retail access would be a 'game changer,' says 21Shares

Since launching on May 28, crypto ETNs have had a slow start to trading in the UK, generating around $500,000 in total volume.With the bitcoin and ether products currently available only to professional investors, opening them up to the retail market would be a “game changer,” according to 21Shares.

The Block·2024/06/10 13:13
Top 4 Altcoins to Watch Next Week
Top 4 Altcoins to Watch Next Week

Cryptodnes·2024/06/10 10:49
Spot Ethereum ETFs could capture up to 20% of Bitcoin ETF flows, analyst predicts
Spot Ethereum ETFs could capture up to 20% of Bitcoin ETF flows, analyst predicts

Ethereum spot exchange-traded funds (ETFs) could capture between 10-20% of the flows currently directed towards bitcoin ETFs, Bitfinex head of derivatives said.

The Block·2024/06/10 10:07
Crypto investment products saw $2 billion in inflows last week amid rate cut anticipation: CoinShares
Crypto investment products saw $2 billion in inflows last week amid rate cut anticipation: CoinShares

Global digital asset investment products saw net inflows for the fifth consecutive week, adding $2 billion.

The Block·2024/06/10 09:49
Three Things That Could Rattle Crypto Markets This Week
Three Things That Could Rattle Crypto Markets This Week

A busy week lies ahead on the United States economic calendar and a key Federal Reserve interest rate decision could rattle crypto markets.

Cryptopotato·2024/06/10 07:55
Meme Coin Madness Continues, Bitcoin Price Corrects, and Much More: Bits Recap June 10
Meme Coin Madness Continues, Bitcoin Price Corrects, and Much More: Bits Recap June 10

BTC consolidated at around $69,500 after severe turbulence, while BRETT is up a whopping 400% on a monthly scale.

Cryptopotato·2024/06/10 07:55
Flash
17:33
BNY CEO Robin Vince announces cooperation with the U.S. Treasury Department, Robinhood, and ND Studio
BNY CEO Robin Vince announced a partnership with the US Department of the Treasury, Robinhood, and ND Studio aimed at promoting the implementation of Trump Accounts. (Cointelegraph)
17:28
A certain exchange suspends BONK deposit and withdrawal services
Due to signs of a security incident involving BONK at a certain exchange, Solana network BONK deposit and withdrawal services have been suspended. The time for resuming services will be announced separately.
17:26
A spokesperson for Nvidia responded that the company's product roadmap has not been affected.
Previously, research firm SemiAnalysis stated that NVIDIA’s next-generation AI computing architecture, Kyber, may face a 12-month delay in release to 2028 due to research and development setbacks. This architecture was originally planned for the next-generation Rubin Ultra GPU. Mizuho Securities analyst Jordan Klein noted that the market has frequently seen similar rumors of new NVIDIA products being delayed, and such news is more like “attention-grabbing noise.” The impact of these rumors is limited, and NVIDIA shares still rose about 1.2% during Monday’s trading. Kyber is regarded as a significant upgrade to NVIDIA’s data center architecture, featuring an all-new vertical rack design to improve computing density and reduce network latency, and is also expected to drive demand for the data center co-packaged optics (CPO) industry chain.
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