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Franklin Templeton is considering launching a cryptocurrency ETP product in Europe

22 hours ago

On April 2nd, as per ETF Stream, asset management firm Franklin Templeton, which manages $1.6 trillion in assets, is contemplating the launch of a cryptocurrency exchange-traded product (ETP) in Europe. A spokesperson for Franklin Templeton indicated that although there are no immediate plans to introduce a crypto ETP in Europe at present, the company is "monitoring and keeping in line with the continuously evolving regulatory framework in Europe and other regions in order to create cryptocurrency products that best fulfill the needs of our clients."
Relevant content

The Impact of Trump's Tariffs on the Bitcoin Mining Industry Supply Chain

On April 3rd, according to Bloomberg, Trump's announcement of imposing additional tariffs has had an impact on the Bitcoin mining industry. Many large mining companies are located in the United States but have supply chains in Asia. Bitmain Technologies based in Beijing has production lines in Indonesia, Malaysia, and Thailand. Lin, the hardware director at Bitcoin mining software and services company Luxor Technology, said that she had to move about 5600 Bitcoin mining machines from Thailand to the United States within less than 48 hours. Trump announced on Wednesday that starting from April 5th, a minimum of 10% tariff would be levied on all goods exported to the United States, along with additional tariffs on the 60 countries with the largest trade imbalances with the United States. Thailand and Malaysia will respectively face harsher tariffs of 36% and 24%, which will come into effect on April 9th.

6 minutes ago

Glassnode: Since the 2022 cycle low, XRP active addresses have increased by 490%

On April 3rd, Glassnode presented data on social media, stating that "XRP has been favored by retail investors in this cycle. The trend is different from Bitcoin, which is more institutionally driven. Since the 2022 cycle low, the active addresses of XRP have increased by 490%, while BTC has only grown by 10%—a clear indication of retail speculative demand."

6 minutes ago

Barclays believes the risk of a recession in the United States this year is "very high".

On April 3rd, Barclays holds the view that the risk of a recession in the U.S. economy during this year is "quite high". (Golden Ten)

6 minutes ago

After 3 years of silence, a whale has moved 624.4 ETH to Kraken

On March 3rd, as per the monitoring of Onchain Lens, a significant whale, having remained silent for 3 years, deposited the remaining 624.4 ETH (valued at $1.14 million) into Kraken. Eight years ago, this whale spent $25,000 to obtain 3,271 ETH from Kraken and The DAO, achieving a profit of $4.24 million.

6 minutes ago

First Digital Statement: Did not participate in any coordination scheme or fund misappropriation, executed the transaction as per the instructions of Techteryx and its authorized representative

On April 3rd, First Digital issued an official statement on the social media platform: "Today, Justin Sun's accusations against FDT at the press conference are unfounded. We categorically deny any claims that FDT is involved in a coordination scheme or fund misappropriation. We wish to emphasize that these accusations are completely baseless and factually incorrect. FDT merely acts as an intermediary, carrying out transactions in accordance with the instructions of Techteryx and its authorized representative. FDT has not, nor is it obligated to independently evaluate or provide advice on Techteryx's investments. We have never moved or invested funds without explicit written instructions from Techteryx or its authorized representative. All reserve assets are strictly deployed based on the written instructions provided by Techteryx and its authorized representative at the time. We have records of all written instructions as evidence. Regarding Techteryx's request to redeem funds, ARIA

6 minutes ago

Gate.io Lists StakeStone (STO) Spot Trading

On April 3rd, according to an official announcement, Gate.io will list StakeStone (STO) spot trading on April 3, 2025, at 6:30 PM (UTC+8).

6 minutes ago