The Upside of Bitcoin’s Upside (It’s Not What You Think)

Noelle Acheson is a veteran of company analysis and member of CoinDesk’s product team. The following article originally appeared in Institutional Crypto by CoinDesk, a newsletter for the institutional market, with news and views on crypto infrastructure delivered every Tuesday. Sign up here. The rally last week in cryptocurrency prices sent tremors of excitement through the mainstream press…

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Societe Generale-Owned Bank Launches Blockchain ETN

Kleinwort Hambros, a Societe Generale-owned private bank and wealth manager, has launched an actively managed exchange-traded note (ETN) targeting the blockchain sector. The London-based bank announced the news on Monday, saying its Luxembourg-listed ETN will invest in companies that could “profit most” from the development and increasing uptake of blockchain technology. ETNs are unsecured debt securities that,…

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Markets Update: Crypto Assets See Fresh Gains

The cryptocurrency economy has seen further gains, as the entire market capitalization jumped to $179 billion during the early morning trading sessions on Sunday. Moreover, global trade volume spiked significantly, capturing roughly $61 billion in trades over the last 24 hours. Also read: Bitcoin Cash Markets and Network Gather Strong Momentum in Q1 Crypto Bulls…

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