Six Bitcoin funds set to debut in Israel following regulatory approval
On Dec. 31, Israel’s asset managers will launch six mutual funds tracking Bitcoin’s price movements.
On Dec. 31, Israel’s asset managers will launch six mutual funds tracking Bitcoin’s price movements.
Israel is set to introduce six Bitcoin-linked mutual funds on Dec. 31, marking a significant step in the country’s crypto investment landscape. local media outlets Calcalist and Globes reported.s The funds were introduced by Migdal Capital Markets, More, Ayalon, Phoenix Investment, Meitav, and IBI. According to the report, the Israel Securities Authority (ISA) approved these … Read more
Crypto hacks in 2024 caused nearly $3 billion in damages, with access control flaws driving 78% of the losses, data shows. 2024 proved to be another challenging year for blockchain security, with nearly $3 billion lost to crypto hacks, according to Hacken’s latest research report. Although the total financial impact was on par with 2023, … Read more
Twas the night before Christmas, and all on the chain, Bitcoin was soaring, with no hodler in pain. The bulls had returned, sleighing bears left and right, now six figure Bitcoin was an everyday sight. All miners were buzzing, hash rates on the rise, securing the network under wintery skies. Our Lambos were gleaming, parked … Read more
Turkey is raising the bar on cryptocurrency regulations by implementing stricter anti-money laundering (AML) measures effective February 2025. This new regulation requires individuals to disclose identification when transacting amounts exceeding 15,000 Turkish Liras, or approximately $425, signaling a shift towards greater financial transparency in the crypto sector. According to COINOTAG, “These measures reflect a growing … Read more
The “Santa Claus rally” seems to be behind the broader crypto market’s rebound today. Bitcoin (BTC) soars from $93,835 to $98,441, and altcoins follow suit, with Bitget (BGB) recording some of the most impressive weekly gains among the top 25 coins. Bitget’s partnership with TRON, which saw it invest $10 million into TRX and announce … Read more
With institutional investors piling in and market sentiment turning bullish, it’s no wonder all eyes are on Bitcoin as it teeters on the edge of a potential breakout. Meanwhile, JetBolt sets another astronomical milestone after it sold over 200 million tokens since its presale launch. Could JetBolt sustain its massive presale momentum? And can Bitcoin … Read more
As the market stages recovery this week, XRP’s price remained relatively calm due to recent choppy price actions. While the asset remains under correction, the price looks weak following an 8% drop in 7 days. Unlike many top altcoins, XRP has not seen much change since last week because of low trading volatility. The price … Read more
Shiba Inu took the crypto market by storm, and it is almost hard to fathom how quickly its success reached global dimensions. Investors’ ability to locate the next Shiba Inu-like asset remains a marketable skill and motivation. First, Ethereum, then later Shiba In, tagged themselves as “Doge-killers,” and this quite resonated with many enthusiasts in … Read more
The XRP Ledger (XRPL) has reached a noteworthy milestone by closing over 93 million ledgers, showcasing its robust network capabilities and ongoing adoption in the crypto space. This impressive achievement not only reflects the XRP Ledger’s endurance since its inception in 2012 but also its unique offerings, including low transaction costs and rapid processing times … Read more