Page 2 - Alkyrie C News Today

The crypto economy is increasingly diverse and expansive. No longer does it revolve solely around directly owning bitcoin.

Amid escalating geopolitical tensions between Russia and Ukraine, plenty of riskier assets recently endured bouts of weakness.

One of the drivers of bitcoin evolution is corporate-level adoption of the largest cryptocurrency.

Earlier this week, Valkyrie Investments announced that it had crossed $1 billion in assets under management.

Geopolitical issues, including the specter of possible imminent invasion of Ukraine by Russian forces, have been weighing on bitcoin prices.

Count bitcoin miners among the names that were dragged lower by the dual headwinds of retrenchment by growth equities and a recent pullback in prices.

Valkyrie Funds LLC, an emerging investment manager focused on the digital asset class, announced the launch of the Valkyrie Bitcoin Miners ETF (WGMI).

Digital asset investment manager Valkyrie Funds LLC has applied to launch an ETF with exposure to bitcoin mining firms.

Federal regulation regarding cryptocurrencies looks like it’s one step closer, with the Biden administration preparing to release an executive order.

The bitcoin futures market may be signaling impending volatility with open interest for BTC currently above 250,000.