Digital assets suffered hefty losses on Friday (April 23), a drop attributed to U.S. President Joe Biden’s proposed tax hike for capital gains on the wealthiest Americans, with Bitcoin dropping below $US50,000 and most altcoins suffering double-digit losses. The tax hike news triggered a selloff on Wall Street on Thursday (April 22) where stocks and shares in technology companies all retreated. The proposal would increase the tax
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Hashdex will officially launch the world’s first crypto ETF (Exchange Traded Fund), the Brazilian asset manager announced on Feb.9. The fund, named the Hashdex Nasdaq Crypto Index ETF, is available for trading on the Bermuda Stock Exchange (BSX) for accredited non-US investors (non-tradable shares are available through private placement for Accredited US Investors and Non-US Investors). The product is a regulated and
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S&P Dow Jones Indices (S&P DJI) is launching global cryptocurrency asset index capabilities with Lukka, a New York City-based crypto asset software and data company, making it the latest major finance company to enter the nascent asset class. S&P DJI will provide S&P DJI-branded and customized indexing and benchmarking solutions supported by Lukka’s proprietary crypto asset pricing data in 2021. As the
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