Hong Kong has made headway in the realm of cryptocurrency by approving the trading of Bitcoin and Ethereum Exchange-Traded Funds (ETFs). This puts Hong Kong at the forefront, as no other place currently offers Ethereum ETFs for investment. The US is still deliberating on this matter. Approval of an HK ETF for Bitcoin and Ethereum … Read more
According to CoinMarketCap’s data, Toncoin (The Open Network’s native cryptocurrency) experienced a significant increase of 18%, reaching a new peak price of $7.22 during market instability. Toncoin’s value significantly increased, causing it to rank as the eighth largest cryptocurrency and go past Dogecoin with a market capitalization over $24 billion. This surge in value can … Read more
Two crypto exchange-traded funds (ETFs) proposed by HashKey and Bosera International have been given provisional green lights from Hong Kong’s regulatory body. This significant step forward is expected to bring excitement to Asian investors in the digital currency market. HashKey Capital and Bosera International have received tentative approval from Hong Kong’s Securities and Futures Commission … Read more
According to market analyst Markus Thielen from 10x Research, approximately $5 billion in Bitcoin could be sold by miners following the upcoming halving event on April 20th. #Bitcoin Might Trade Sideways for 6 months As Miners Could Sell $5bn of BTC -> Here is why: — 10x Research (@10x_Research) April 13, 2024 Based on historical … Read more
According to a new report from KPMG, there’s been a notable increase in enthusiasm among DACH region investors for cryptocurrencies, specifically surrounding the upcoming Bitcoin halving event. Based on a survey of 2,400 private investors, this research highlights shifting perspectives regarding crypto investment opportunities. Germans are actively preparing to take advantage of price changes in … Read more