Hong Kong newly launched six spot-crypto ETFs are expected to receive about $300 million in initial investments, with Bitcoin-focused funds leading the preference.
Bitcoin and Ethereum ETFs started poorly in Hong Kong with low trading volumes compared to the US debut in January 2024.
MicroStrategy has acquired 25,250 more bitcoins, totaling 214,400 BTC worth $13.6 billion, despite a $53.1 million loss in Q1.
Hong Kong is launching Bitcoin and Ethereum spot ETFs tomorrow, with one participating company making a significant claim.
US spot Bitcoin ETFs are facing outflows, whereas Hong Kong is expanding its cryptocurrency funds, introducing new Bitcoin and Ethereum ETFs.
EigenLayer announces allocation of EIGEN token supply, with 45% going to the community, 29.5% to investors, and 25.5% for early contributors.
MicroStrategy, led by Michael Saylor, continues its commitment to Bitcoin, expanding its investment portfolio with a new purchase. This move reinforces the company's strategy in digital currencies, reflecting Saylor's transformation from skeptic to Bitcoin proponent.
Samourai Wallet co-founder Keonne Rodriguez has pleaded not guilty to charges of money laundering and operating an unlicensed money transmitting business, as the U.S. targets privacy-focused crypto services.
The article analyzes the effect of the imminent launch of Hong Kong spot crypto ETFs on the stabilization of Bitcoin's price and general market disposition.
Ripple forms a strategic partnership with Tokyo-based HashKey DX to implement XRP Ledger-powered enterprise solutions in Japan. This led to a 1.9% rise in XRP price, which later settled to a 1.1% increase. The move leverages HashKey Group's success in supply chain finance in China.
Ripple collaborates with HashKey DX to bring XRP Ledger blockchain solutions to Japan, aiming to innovate supply chain processes.
Ava Labs has announced integration of Avalanche's C-Chain with Stripe's payment services, enabling Stripe users to purchase AVAX easily and transfer to wallets.
Circle's stablecoin, USDC, has surpassed Tether's USDT in transaction volume, yet USDT retains a 68% share of the stablecoin market.
The article discusses the malpractices of North Korea’s Lazarus Group in the cryptocurrency space, focusing on their involvement in money laundering using digital currencies.
Bitcoin price drops to $62,000 amid disappointing performance of newly launched ETFs in Hong Kong, contrasting with the market's expectations.
Ex-Binance CEO Changpeng Zhao faces a potential 3-year prison sentence in a US legal controversy, putting both his future and the crypto industry's stability at stake.
Terraform Labs and Do Kwon are disputing the SEC's proposed $5.3 billion fine, suggesting a $1 million penalty instead, while challenging the $4.7 billion disgorgement and interest demand.
Bitcoin ETFs launch in Hong Kong, stirring excitement, but analysts warn of precarious market conditions as BTC struggles to hold $63K.
Court filings reveal the SEC and its chairman Gary Gensler consider Ethereum an "unregistered security" under the Howey Test, seen as outdated by crypto supporters.
Tether's venture capital arm, Tether Evo, has made a strategic $200M investment in a neural implant company, marking a significant move into neurotechnology.
EigenLayer confirms plans for a token airdrop, excluding US and VPN users after much speculation.
The cryptocurrency market has shown significant fluctuations recently, with Bitcoin's value notably surpassing $63,000.
Hong Kong's new crypto ETFs may enable mainland Chinese investors to enter the market, according to fund issuers and experts.
Alliance Resource Partners, a NASDAQ-listed coal mining company, produced 425 Bitcoins through Bitcoin mining utilizing excess power from its operations.
The cryptocurrency market is witnessing a decrease in Bitcoin's value, falling below $62,000, with potential for further decline. Investors are recommended to be cautious given the market's uncertainty.
An individual claimed responsibility for a Bitcoin testnet attack that created three years of blocks in a week, causing developer frustration.
Omnity protocol introduces a new integration for trading Runes tokens without using cross-chain bridges and eliminating gas or transaction fees.
Ripple Labs is in a legal battle with the SEC over a motion to strike the Andrea Fox declaration. Both parties have presented strong arguments in this pivotal stage of the multi-year trial.
A lawsuit by Consensys uncovers that the SEC covertly deemed Ethereum (ETH) a security since April 2023.
Despite the challenging mining environment, with reduced block rewards and record-high network difficulty, a solo bitcoin miner successfully mined block 841,286.
Jameson Lopp, notable in the Bitcoin scene, intentionally disrupted a Bitcoin testnet, producing a massive number of blocks in one week to expose a flaw, angering developers. His test used minimal code and low energy costs to underline the vulnerability.
Australia is set to launch Bitcoin ETFs by the year's end at the Sydney Stock Exchange.
Bitcoin's price drop to $61,000 has caused a market-wide liquidation, leading to substantial financial losses for investors.
Bitgert has experienced a significant uptrend, achieving over 25,000% in returns. As it continues to rise, investors speculate it might reach $0.0001, attributed to its impressive utilities.
Bitcoin remains below $63,000, indicating waning buyer momentum; Hong Kong's crypto market is expanding.
Despite a 30% drop in price, Cardano (ADA) whales are actively accumulating, with $13 billion ADA purchased daily. However, the asset does not seem primed for an immediate price rally.
Crypto analyst Cold Blooded Shiller highlighted PEPE/USDT as a promising chart on Binance, citing a key support zone and potential breakout or fakeout scenario. A successful rally could increase PEPE's value by 47.47%, with market sentiment shifting favorably for the meme coin.
A crypto analyst from TradingView, 'TradingShot,' has forecasted a possible surge for Bitcoin up to $300,000 based on technical indicators and patterns, indicating Bitcoin is on the cusp of an aggressive bull cycle.
In May, over $3 billion in tokens will unlock from prominent DeFi projects such as Pyth, a DeFi oracle provider, and Aevo, a decentralized crypto derivatives platform.
AVAX sees a 50% price drop forming a bearish channel pattern, aiming to prevent further corrections below $30 and possibly setting up for a breakout.
An FTX-Voyager settlement has been approved by a bankruptcy judge, with FTX forfeiting all rights to $450 million claimed by Voyager Digital from the crypto exchange.
Binance is under scrutiny by the SEC, which demands the exchange to list only registered digital assets.
Ethereum's transaction fees have dropped by 50% and the transaction counts on Layer 2 solutions are rising, indicating a potential shift in usage patterns and impact on ETH's price.
Indonesia's presidential election sparked controversy, but industry watchers believe the outcome may be favorable for cryptocurrency.
In Hong Kong, ETFs have begun trading with confidence despite potential US actions classifying Ethereum as a security, as stated by OSL Digital Securities head Wayne Huang.