Blockstream CEO Adam Back Highlights Unique Aspects of Hong Kong's Bitcoin, Ethereum ETFs

Adam Back, CEO of Blockstream, recently detailed the unique characteristics of Hong Kongs newly launched Bitcoin and Ethereum ETFs on X, emphasizing their in-kind redemption model, which sets them apart from their U.S....

Binance's CZ Partners with OpenAI's Altman on AI Investment Venture

Changpeng Zhao, the former CEO of Binance, is engaging in strategic talks with OpenAI CEO Sam Altman to explore potential investments in artificial intelligence. This collaboration comes as Zhao faces significant legal...

Hong Kong's First ETFs Underperform Expectations as Bitcoin Falls Below $62K

In a disappointing debut, Hong Kongs inaugural Bitcoin and Ether ETFs attracted minimal trading volume, contributing to a sharp 2% drop in Bitcoin prices to just under $62,000 and a 2.8% decline in Ether, as investors...

FxWirePro- Ethereum Daily Outlook

ETHUSD lost its shine and followed in the footsteps of BTC. It hit a low of $3014.30 at the time of writing and is currently trading around $3016.70. Six whales including FTX/Alameda dumped almost 44000 ETH, according...

FxWirePro- TRXUSD (chart of the day)

TRON is an ambitious project dedicated to the establishment of a truly decentralized Internet and its infrastructure. The TRON Protocol, one of the largest blockchain-based operating systems in the world, offers public...

Shiba Inu Price Forecast: Historical Data Predicts May Movement

As April ends, the Shiba Inu cryptocurrency faces crucial market trends, with historical data indicating a possible continuation of its recent price declines into May. Past performance suggests a trend of downturns during...

MicroStrategy Acquires 122 More Bitcoins, Total Holdings Soar to 214,400 BTC

In a bold move underscoring its commitment to digital currency, MicroStrategy announced the acquisition of an additional 122 bitcoins this April, taking its total holdings to 214,400 BTC. This acquisition, valued at...

Spot Bitcoin ETFs Begin Trading in Hong Kong, Marking New Investment Era

In a significant development, Spot Bitcoin exchange-traded funds (ETFs) commenced trading today in Hong Kong. This launch, eagerly anticipated by domestic and international investors, positions Hong Kong as a key hub for...

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Bitcoin Traders Unfazed by 20% Drop: 'Pretty Ordinary Stuff' Wed, 01 May 2024, 09:52 am UTC
As Bitcoin endures its fourth 20% correction in 12 months, dropping to $59,730, market veterans see it as nothing unusual. Leaders in the crypto industry, like Raoul Pal and Thomas Fahrer, reassure that such fluctuations...
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Ethereum Scaling Solution AltLayer Launches With $100 Million Airdrop Fri, 26 Jan 2024, 13:26 pm UTC
AltLayer recently became the first of at least three protocols to go live with an impressive $100 million token airdrops scheduled for the upcoming week. The launch marks a milestone in the field of blockchain technology,...
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FxWirePro- BTCUSD Daily Outlook Wed, 01 May 2024, 03:00 am UTC
BTCUSD pared most of its gains ahead of FOMC monetary policy. It hit a low of $61447 at the time of writing and is currently trading around $61586. Hongkong BTC and ETH ETF goes live today. Australia plans to...
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Bitcoin Miners Brace for Post-Halving Profit Challenges Fri, 26 Jan 2024, 13:05 pm UTC
According to financial services firm Cantor Fitzgerald analysts, eleven of the largest publicly traded Bitcoin miners may face profitability challenges. Their research suggests that if the price of BTC fails to...
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