Hong Kong Set to Launch Spot Bitcoin ETF in Q1 2024.
Venture Smart Financial Holdings plans to debut a spot Bitcoin ETF in Hong Kong early this year.In December, Hong Kong outlined the requirements for licensed firms to launch spot Bitcoin…
Court Orders Independent Examiner in FTX Bankruptcy Case.
Ruling of Judge John Dorsey of the U.S. Bankruptcy Court was overturned. The court found that prospective investors would benefit from more clarity.An independent examiner was ordered to be appointed…
NFT Market Surges? $42.8M Trading Volume Signals Comeback
Ethereum NFT market hits a 7-month high, reaching $42.8 million. Blur dominates with 82% volume, and PudgyPenguins surges 65% in 7 days.The Ethereum NFT market experienced a remarkable uptick on…
Bitcoin Price Crash Forces Traders to Withdraw Over $250 Million
Crypto Market Sees $250 Million Liquidations amid Bitcoin’s price Dip, Grayscale’s aggressive BTC sales add to Bearish Sentiment. More than $250 million worth of forced liquidations rocked the cryptocurrency market…
Ethereum Dips Below $2500. Will ETH Fall More?
Ethereum faces resistance at $2,520, crucial for bullish momentum. Santiment highlights Ethereum’s +22.4% dominance over Bitcoin in one week. Ethereum, the second-largest cryptocurrency, is at a crucial crossroads as it…
BlackRock’s Spot Bitcoin ETF Hits $1 Billion AUM in First Week.
January 12 marked the beginning of trading for the asset manager’s iShares Bitcoin Trust. Statistics reveal that out of IBIT’s total assets, 99% are bitcoin. With $1 billion in assets…
Singapore Strikes Out Spot Bitcoin ETFs for Retail Investors.
Singaporean retail investors may still participate in Spot Bitcoin ETFs listed elsewhere. The regulatory body also cautioned those buying Bitcoin ETFs in foreign markets. After receiving clearance from the U.S…
Donald Trump Opposes CBDC in Latest Campaign Address.
Trump is worried about the dangers of debanking and political weaponization. Bitcoin and other cryptos were strongly opposed by Trump when he was president. There has been some talk about…
Ethereum Faces Bearish Pressure as Brief Correction Underway.
At the time of writing, ETH is trading at $2517, down 0.98% in the last 24 hours.If the price manages to go above $2611 level, then it will likely test…
Fidelity Sees Recent BTC Sales as Short-Term ‘Hangover’ Post-Spot Bitcoin ETF Launch.
Timmer believes the situation is a “sell-the-news moment” where participants may have “equitized” future spot positions via futures markets.Jurrien Timmer, Fidelity’s Director of Global Macro, has expressed the view that…