Stock Market | ForkLog

ForkLog 5 21.02.2022

South Korea’s largest financial group to launch a retail-focused crypto fund

KB Financial Group, the largest financial conglomerate in South Korea, announced the launch of a retail-focused fund with a crypto-product tilt in the form of indices and {{AOPEN_1}}ETF{{ACLOSE_1}}.

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ForkLog 10 18.02.2022

Brazil launches world’s first DeFi token-focused ETFs

Asset managers Hashdex and QR Capital announced listing on the B3 stock exchange (São Paulo) ETFs tracking the CF DeFi Composite Index and the Galaxy DeFi Index, respectively.

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ForkLog 12 18.02.2022

Gary Gensler explains why spot Bitcoin ETF applications were rejected.

The SEC did not come close to approving a spot Bitcoin ETF because the applications did not meet the Securities Act's anti-fraud and manipulative-practice standards. This was stated by SEC chair Gary Gensler in response to a request from Congressman Tom Emmer.

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ForkLog 14 17.02.2022

Nvidia CMP chip sales fall 77% in Q4

In the fourth quarter of fiscal 2022, Nvidia's revenue from selling cryptocurrency mining processors (CMP) fell to $24 million. This is 77% below the $105 million in the prior period, according to the SEC filing.

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ForkLog 5 16.02.2022

NYSE applies to register trademark focused on NFTs

The New York Stock Exchange has filed to register a trademark mentioning a marketplace for non-fungible tokens (NFTs) and virtual goods. The Block reports.

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ForkLog 14 15.02.2022

Fidelity International secures bitcoin-ETP listing on two European exchanges

The SIX Swiss Exchange and Xetra, part of Deutsche Börse, added Fidelity International's bitcoin-ETP with physical backing to the listing. CoinDesk reports.

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ForkLog 4 15.02.2022

Russia weighs creation of cryptocurrency funds

Russian authorities should allow financial institutions to create funds tied to cryptocurrencies, and for exchanges to create derivatives on them, says Alexey Timofeyev, president of NAUFOR.

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ForkLog 5 15.02.2022

Grayscale’s Bitcoin ETF gains public support

The U.S. Securities and Exchange Commission (SEC) requested public comments regarding Grayscale Investments' spot Bitcoin ETF. According to Bloomberg Intelligence analyst Eric Balchunas, 95% support launching the instrument.

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ForkLog 26 14.02.2022

Valour gains Polkadot- and Cardano-based ETP listing on the Frankfurt Stock Exchange

The Frankfurt Stock Exchange has added to its listing an ETP based on Polkadot (DOT) and Cardano (ADA) from Valour, a subsidiary of DeFi Technologies.

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ForkLog 7 10.02.2022

Binance Invests $200 Million in Forbes

Binance, the cryptocurrency exchange, announced a $200 million strategic investment in Forbes, the media group. The funds will support Forbes's plans to go public through a merger with the SPAC Magnum Opus Acquisition in the first quarter.

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ForkLog 8 08.02.2022

SEC approves Valkyrie’s mining-focused ETF

Asset-management firm Valkyrie Investments has received approval from the SEC to launch an ETF based on the stocks of companies that derive at least 50% of their profits from mining Bitcoin.

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ForkLog 5 07.02.2022

Tesla posts $101 million loss from impairment of Bitcoin held in reserves

Tesla recorded a $101 million loss for 2021 from the impairment of Bitcoin held on its balance sheet, which totalled $1.5 billion. The figures are disclosed in the SEC filing.

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