Can Hong Kong’s spot Bitcoin ETFs boost BTC price?

What’s the difference between Bitcoin ETFs in Hong Kong and those leading in the US market, and might their arrival impact Bitcoin’s price positively? April 15 saw announcements on social media from China Asset Management, Bosera Capital, and other firms, indicating they had received conditional approval to introduce Bitcoin (BTC) and Ethereum (ETH) spot exchange-traded … Read more

OKX Launches X Layer: Polygon-Powered Layer 2 Network Goes Live

At the launch, OKX introduced X Layer – an efficient Layer-2 platform powered by Polygon. This new solution allows for a smooth connection between OKX’s exchange and Web3 wallet, aiming to boost the usage of decentralized apps and foster advancements in this domain. Seamless Integration To Bridge Assets OKX, a major cryptocurrency exchange, has made … Read more

Korean crypto markets hit 2-year trade volume peak

During the first quarter of 2024, the cryptocurrency markets in South Korea experienced their greatest trading activity in more than two years. The Korean Won (KRW) surpassed the US Dollar (USD) as the currency with the highest cumulative trade volume, according to Kaiko’s data. In the beginning of March, trading activity in South Korean cryptocurrency … Read more

10X Research anticipates significant correction for crypto and stocks

Based on the remarks of Markus Thielen, who leads the research team at 10x Research, there’s a strong likelihood for a notable decrease in value for riskier investments such as cryptocurrencies and stocks over the next few weeks. Thielen warned investors in an April 16 note that the cryptocurrency market may be nearing a critical … Read more

Cardano’s Key Upgrades Explained: ADA Sets for $1

Charles Hoskinson, a significant player in the development of Cardano (ADA), is thrilled about two major advancements: the implementation of the Chang hard fork and the adoption of the Ouroboros Samasika consensus algorithm. The improvements being made to Cardano aim to strengthen its base and respond to the changing requirements of the blockchain industry. Let’s … Read more