The new index Bitwise 10 Crypto Index Fund (BITW) It is the first to be listed on the stock exchange in the United States, and already handles a volume of more than 60 million dollars. These and more news in this practical daily summary so that you are always informed with the most recent events that occur within the crypto world.
📍 The cryptocurrency investment company Bitwise He launched a new diversified index for cryptocurrencies, which broke the record set by Grayscale in 2019. In this sense, Bitwise's new investment fund, called Bitwise 10 Crypto Index Fund (BITW), reached a trading volume of $67 million in its first 3 days, surpassing Grayscale's investment fund's mark of $9 million at its inception in 2019.
The press release also states that BITW becomes the first publicly traded Crypto Index fund in the United States, although it specified that it is an open-ended publicly traded legal trust, not an exchange-traded fund or closed-end fund.
📍 In the second public test carried out at the CBDC from China, the DCEP or digital yuan, the e-commerce giant in China, JD.com, revealed that citizens of Suzhou Province who received the digital red packet made more than 20.000 transactions through this platform during the first 24 hours that the digital yuan was enabled.
In this second public test of the DCEP, the Chinese government gave away a total of 20 million digital yuan, equivalent to about 3 million dollars, to 100.000 citizens living in Suzhou province.
📍 On the other hand, Zhou Xiaochuan, Chairman of the China Financial Association and former Governor of the People's Bank of China (PBoC), said The nation's intention in launching its CBDC for the digital yuan is not to replace existing currencies, such as the US dollar. The executive stressed that the potential of the new digital currency lies in its ability to process more effective and efficient payments and improve the overall capabilities of the financial system, which could transform cross-border trade.
📍 According to a note The U.S. Treasury Department, one of the most secure government agencies in the world, appears to have been hacked and accessed by a group of sophisticated foreign hackers, Reuters reported. The outlet reported that computers at the Treasury Department and the Commerce Department may have been under the control of the hackers, who have been monitoring internal email traffic at these departments.
Although the agencies have not given further details on the issue, John Ullyot, spokesman for the National Security Council, assured that government authorities and the Council are taking the necessary measures to mitigate the situation and discover the impact of these possible accesses. Thus, while an investigation is being carried out to confirm the possible vulnerabilities in these federal agencies, several personalities from the crypto world they took advantage to highlight the extreme security of the Bitcoin network, which has never been hacked to date.
📍 Through its portal Market IntelBlockchain intelligence and analytics firm Chainalysis noted that the narrative that institutional investors are increasingly entering the Bitcoin and cryptocurrency ecosystem, driving its price higher, can be verified with on-chain data.
The firm highlights that the number of Bitcoin whales, as entities and/or people who own more than 1.000 BTC are known, increased to a new high of 2.052, a 17% increase compared to previous figures. Likewise, the firm points out that more than 10,3 million BTC are held as a store of value; one of the highest figures in the last 60 weeks.
📍 At press time, the price of Bitcoin remains above the $19.000 USD level, with a total price of $19.146 USD per unit. Several analysts point out that the recent institutional investments announced by MassMutual and MicroStrategy, the initiatives of several traditional banks to provide services with cryptocurrencies and even exchanges Cryptocurrency and the arrival of new investors who see great potential in the ecosystem are the possible causes of the new rise in prices; although the value of Bitcoin is not yet at a safe level and may see another setback.
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