What Is a Crypto Index Fund?
A crypto index fund simply takes the idea of a traditional index fund and replaces the underlying assets with cryptocurrency tokens instead of company shares. Crypto index funds, however, are still a new development, with very few currently available.
Coingecko 2022 Annual Crypto Industry Report
Our comprehensive 2022 Annual Crypto Industry Report covers everything from the crypto market landscape to analyzing Bitcoin and Ethereum, deep diving into the Decentralized Finance (DeFi) and Non-Fungible Token (NFT) ecosystem and reviewing the Centralized Exchanges (CEX) and Decentralized Exchanges (DEX) performance. The key highlights have been summarized below, but be sure to dig into the full 49 slides below.
Token Unlocks Estimates $102B Worth of Unlocks in 2023
Token Unlocks’ 2022 Annual Report estimates that $102 billion worth of tokens will be unlocked in 2023. The data points out that December 2022 ended with $102.1 billion worth of tokens remaining locked, with a $570.8 billion Fully Diluted Value (FDV)and $468.7 billion market cap. Dividing the market cap by FDV, the report concludes that 82.1% of all tokens with fixed supply are already in free circulation in the market. (cryptoslate)
Crypto Could Solve Venture Capital's Due Diligence Problem — VC Exec
Venture capitalists battling with the difficulties of a proper crypto firm due diligence should be looking at getting back to the basics — to "trust the chain," a crypto-focused venture fund executive argues. John Lo, head of digital assets at Recharge Capital — a $6 billion fund with crypto and decentralized finance (DeFi) projects on its portfolio — said that FTX shook the "confidence in this industry." "There will be a lot of soul-searching," he said. According to Lo, due diligence has always been a problem in the venture space, even outside of crypto. (Cointelegraph)
Markets: Bitcoin Bounces Back Above US$21,000, Cardano Gains on CoinDesk Speculation
Bitcoin and Ether rebounded Friday morning in Asia along with all of the top 10 non-stablecoin cryptocurrencies. Cardano and Ripple led the gains. Investors seemed to see lower-price opportunities in the declines on Thursday when weak retail data renewed concerns about a recession in the U.S., mixed in with hawkish comments from the Federal Reserve and the possibility of more bankruptcies in the industry amid the woes of Digital Currency Group. The total crypto market capitalization over the 24 hours grew 1.21% to US$979.67 billion, while trading volume fell 33% to US$41.05 billion. (forkast)
Ukraine to Be Best Crypto Jurisdiction With New Tax Rules, Digital Minister Says in Davos
Ukraine will become the world’s best jurisdiction for crypto assets, the minister overseeing the country’s digital transformation promised. Speaking with media at the World Economic Forum in Davos, Mykhailo Fedorov praised the support from the crypto community for his war-struck nation.
Kava Price is 9% Higher at $1.03 Despite Red Day for Most Coins
The KAVA price has risen to $1.03 today, representing a 9% jump in the past 24 hours, as the wider cryptocurrency market suffers its first notable drop in over a week. KAVA's current price also represents a 38% gain in seven days and 52% jump in the last 30, with the layer-one coin surging mostly because of yesterday's announement that Coinbase will be listing it.
How 2022’s Biggest Cryptocurrency Sanctions Designations Affected Crypto Crime
In this section, we’ll look at how the U.S. government’s crypto-related sanctions strategy has evolved over time, examine the types of entities that it has sanctioned so far, and analyze the impact of those sanctions on the entities themselves and the wider crypto crime ecosystem.
Top 6 Forecasts On Cryptos And Blockchain In 2023
Following are the Top 8 Forecasts on Cryptocurrencies and Blockchain Technology in 2023 that you should watch out for.
S. Korean City Busan To Launch Digital Commodities Exchange, Shelves Crypto
Busan, South Korea’s second-largest city, announced Thursday that it will launch a digital commodities exchange in the second half of this year, shelving its initial plan to pursue a city-backed cryptocurrency trading platform.
