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Crypto Market Surge & New Developments
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Market OutlookThe top five largest crypto assets saw a mid-week resurgence following a period of dampened volatility. As one can remember, news around the Chinese government's involvement with Bitcoin and blockchain technology has been the key driver of the market's volatility over the last month. We can expect this to subside as more certainty develops around the People's Bank of China's digital currency project — BTC (0.30%), ETH (-1.13%), XRP (2.00%), BCH (-2.69%), and LTC (-2.70%).Adjusted transaction volumes continued the general week-on-week downward trend ($2.30B to $1.79B for the weeks' averages), though Bitcoin's transaction volume did experience a noticeable spike yesterday — BTC ($1.44B), ETH ($172M), XRP ($66.7M), BCH ($93.1M), and LTC ($17.3M).21Shares Receives Approval of A Base Prospectus under The EU Prospectus RegulationWe are pleased to announce that the Finansinspektionen, the Swedish Financial Supervisory Authority (SFSA), has approved the Base Prospectus filed by 2...
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