The price of Bitcoin has climbed above $66,000, increasing by approximately 3% within the last 24 hours. This upward trend follows announcements from several Hong Kong-based firms that their applications for Bitcoin and Ethereum spot Exchange-Traded Funds (ETFs) have been given the green light by the Securities and Futures Commission. It was expected that the … Read more
The biggest German federal bank is planning to debut cryptocurrency custodial services in partnership with crypto platform Bitpanda. This offering is aimed at attracting institutional and corporate customers. In the second half of 2024, Landesbank Baden-Württemberg (LBBW), Germany’s largest government-supported financial institution managing over $350 billion in assets, plans to introduce crypto custody services for … Read more
The price of Bitcoin (BTC) picked up steam the day after dipping to a one-month low of $61,500, spurred by escalating tensions between Iran and Israel. Bitcoin has increased by 3.2% over the past 24 hours and is priced approximately at $66,450 as of now. The market value of this cryptocurrency has exceeded $1.3 trillion, … Read more
A new report by KPMG indicates that there’s been a resurgence of interest from German investors towards cryptocurrencies. After a difficult year for the sector, there’s been a recent surge in investments. This development occurs as the market prepares for the anticipated Bitcoin halving event scheduled for mid-April 2024. A survey of around 2,400 private … Read more
Over the past weekend, the price of PAXG, a digital asset backed by gold, peaked at a new record high. This occurred amidst rising tensions in the Middle East, leading some individuals to ponder if Bitcoin, frequently viewed as a hedge against geopolitical uncertainties, is a dependable choice in such situations. On April 13, the … Read more