City Amsterdam Financial News

Olivia Dean, the rising British music star known for her exceptional debut album, «Messy,» has exciting news for her fans across the UK and Europe. She's embarking on a headline tour in spring 2024, aptly named the "Messy Tour," to celebrate her album's remarkable success and its well-deserved Mercury Prize nomination.

By Nick Carey and Toby Sterling

Bitcoin (BTC) has broken its downward trend and surged above the $27,000 mark, marking an impressive comeback after two weeks. However, this surge can be attributed to a legal victory for Grayscale in the United States. 

One airline is betting that passengers will pay extra to sit away from babies and young children

Jacobi Asset Management has unveiled Europe's inaugural spot Bitcoin ETF on Euronext Amsterdam. This ETF, named the Jacobi FT Wilshire Bitcoin ETF and trading under the ticker BCOIN, stands out as the first digital asset fund in compliance with SFDR Article 8, thanks to its decarbonisation strategy.

A London-based money manager has just attached an ESG label to a Bitcoin exchange-traded fund, in a move that has environmental experts doing a double take.

The first-ever spot Bitcoin exchange-traded fund (ETF) launched on the European market has been classed as an Article 8 fund by its issuer firm, London-based Jacobi Asset Management. Funds included under Article 8 of the European Sustainable Finance Disclosure Regulation (SDFR) are those that “promote environmental and/or social characteristics.” 

Dutch airline (CD), will implement exclusive “Only Adult” zones on its flights. By introducing this feature, Corendon aims to provide a tailored experience for travellers who prefer a child-free environment. The airline will pilot the no kids area on its 10-hour flights between Amsterdam and the Caribbean island of Curacao, charging passengers an additional 45 euros ($49) for a standard seat or $100 for an XL seat, for the privilege of sitting in the “Only Adult” zone. They will block the first 12 rows of the airline and will comprise of 93 standard seats and nine extra-large seats, curtained off from the rest of the aircraft, with a strict over 16s rule. “This zone in the aircraft is intended for travelers traveling without children and for business travelers who want to work in a quiet environment,” the airline said in a press release, adding that it would also benefit parents of young children who may worry less about upsetting other passengers. This is not the first time that an airline has introduced such rule.

Narendra Modi extended his greetings to all sportspersons on the occasion of Major Dhyan Chand's 118th birth anniversary and the 12th National Sports Day. National Sports Day is celebrated across India as a tribute to the legendary Major Dhyan Chand. In a post on social media platform X (formerly twitter), he expressed pride in sportspersons' contributions to the nation and paid his respects to India's hockey legend.

Oil prices fell slightly in early Asian trade on Friday, on track for a weekly decline as weak manufacturing activity hurt the global demand outlook and the dollar remained buoyant. Brent crude fell 16 cents, or 0.2%, to $83.20 a barrel by 0013 GMT, while U.S. West Texas Intermediate crude fell 18 cents, or 0.2%, to $78.91 a barrel. Crude prices are set to fall between 2%-3% for the week, a second consecutive week of decline. Oil settled modestly higher in the previous session after Dutch consultancy Insights Global posted data showing gasoil stocks held in independent storage in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub declined by 3% in the latest week. Investor caution ahead of remarks from Federal Reserve Chair Jerome Powell at the Jackson Hole Symposium lifted the safe-haven dollar to a 10-week high, its biggest rise in a month, as markets waited for word on how long rates would stay high.

Two more developers who worked on Tornado Cash, an Ethereum network-based privacy protocol designed to obfuscate the link between sending and receiving addresses, are being charged by the US Depart of Justice.

AMSTERDAM (Reuters) — Johnson & Johnson (NYSE:JNJ)'s Dutch business Janssen, which helped to develop the single-dose COVID-19 vaccine, will close almost its entire vaccine division, the company said on Wednesday, confirming Dutch media reports.

travel to European towns, even those without airports.Air India has unveiled its plans to establish an intermodal interline agreement in collaboration with AccesRail, an IATA travel partner, to bolster connectivity options for its passengers traveling to European cities lacking airports. This strategic agreement is poised to offer Air India customers a convenient means of travel by enabling them to embark on a unified intermodal journey using a single ticket. This ticket will grant them access to bus and train connections spanning approximately 100 cities and towns across Austria, Belgium, Germany, and other destinations. These intermodal connections will be facilitated through Air India's European gateways, which include key locations like Amsterdam, Birmingham, London Heathrow, London Gatwick, Milan, and Vienna. AccesRail, in partnership with Air India, has curated a comprehensive network of rail and bus operators under this agreement. This network encompasses prominent names such as Avanti West Coast (UK), Great Western Railways (UK), London North Eastern Railways (UK), National Express (UK), Trenitalia (Italy), ÖBB Austrian Railways (Austria), SNCB Belgian Railways, and Thalys (Netherlands/Belgium).

By Shashwat Chauhan

A mysterious Bitcoin wallet has surged up the ranks to become the third largest holder Bitcoin (BTC) in the world in just over three months, with the timing sparking some wild theories about its owner.

In this article

Meanwhile, the global cryptocurrency market cap was trading lower, around $1.15 trillion, falling 1.43% in the last 24 hours. «Bitcoin has been trading above the $29000 level. This might be attributed to the U.S. retail sales report for July, which indicates a growth of 0.7%, surpassing the predicted rise of 0.4%. Additionally, Europe’s First Spot Bitcoin ETF Listed in Amsterdam yesterday,» said Edul Patel, Co-founder and CEO at Mudrex. On Wednesday, the market cap of Bitcoin, the world's largest cryptocurrency, was around $566 billion. Bitcoin's dominance is currently 49.06%, according to CoinMarketCap.

AMSTERDAM (Reuters) -Economic growth in the Netherlands will be much slower than earlier expected this year, as a recession in the first half of 2023 ended a strong post-COVID 19 boom, government policy adviser CPB said on Thursday.

Asset management firm Valkyrie Funds has filed for an Ethereum Strategy exchange-traded fund (ETF) that will invest in Ether futures.

AMSTERDAM (Reuters) — Shares in Dutch payments processor Adyen NV fell by more than 20% on Thursday after first-half earnings missed analysts' estimates and the company's own targets.

In the latest episode of Cointelegraph’s The Market Report, analyst Marcel Pechman discusses the first spot Bitcoin exchange-traded fund (ETF) approved in the European Union, which went live on the Euronext Amsterdam exchange on Aug. 15. Despite the seemingly unconventional choice of the Guernsey regulator for its constitution, the fund’s listing on Euronext suggests a strategic maneuver, though its meager 1 million euro launch and unfamiliar management casts a shadow over its appeal.