According to sources speaking with Bloomberg, Hong Kong regulatory bodies are nearing the completion of their review process for Bitcoin and Ethereum spot Exchange-Traded Funds (ETFs). These ETFs could potentially receive approval as soon as next week. Harvest Fund Management Company’s subsidiary is projected to obtain authorization to manage funds investing in Bitcoin and Ethereum. … Read more
Among all countries globally, the U.S. government holds the most significant amount of Bitcoins, valued at around $14.7 billion. Based on Arkham’s information, the U.S. government owns approximately 212,847 Bitcoin in its treasury wallets. This puts them second only to MicroStrategy, which holds 214,246 Bitcoin, currently worth around $14.8 billion. Our team developed a user-friendly … Read more
Discover the importance of Bitcoin Pizza Day, which represents the initial use of Bitcoin for purchasing tangible items in a transaction that is historically recorded, and its influence on the cryptocurrency market. Annual commemoration among crypto enthusiasts: Bitcoin Pizza Day! Marking a pivotal moment in crypto history, but when does this observance fall, and why … Read more
Amidst another blackout for Solana, crypto.news explores the repercussions with industry insiders and ponders over potential implications for the platform’s future. Starting from its beginning, Solana network has become a major contender in the blockchain industry, known for its quick transactions and affordable fees. Yet, this impressive growth has been accompanied by several outages that … Read more
On the Blast network, a branch of the Aave protocol called a fork, mistakenly triggered liquidations of user positions valued at approximately $26 million due to an incorrect adjustment in a threshold setting. On April 11, Pac Finance, which is built on top of decentralized finance platform Aave but runs on Coinbase’s layer-2 chain Blast, … Read more