Bloomberg analyst calls Hong Kong spot ETF approval ‘child’s play’

Bloomberg analyst Eric Balchunas commented on the news about the approvals of Hong Kong spot ETFs. Balchunas acknowledged that the exchange-traded fund (ETF) located at the designated spot has received approval for launch, but it hasn’t been made publicly available yet. The listing is anticipated to take place in the upcoming week. However, all the … Read more

Core Scientific Registers 10.8M Shares Pre-Bitcoin Halving

Core Scientific, Inc., which is known for supplying specialized digital technology for creating profitable computing projects and bitcoin mining, made an announcement today about the submission of a registration statement for selling 10.8 million of their existing shares. Core Scientific may be attempting to sell more shares in order to collect extra funds. These funds … Read more

Miner moves nearly $3.3m in Bitcoins for first time in 14 years

The miner first moved the Bitcoins received as a reward for the mined block on April 23, 2010. Based on Lookonchain’s information, an unidentified large Bitcoin holder transferred $3.3 million worth of BTC (approximately 50 coins) on April 15. Sixteen and a half coins wound up at an address connected to Coinbase withdrawals, while the … Read more

Bitcoin dominance back at 2021 high, boosted by ETFs

The significance of Bitcoin in the world of cryptocurrencies is currently at its highest point in the last three years, largely due to increased demand for US-based Exchange Traded Funds (ETFs). Based on data from CoinMarketCap, Bitcoin (BTC) made up around 55% of the total $2.4 trillion value in the virtual currency market during April … Read more

Vitalik Buterin’s 100 ETH Railgun deposit sparks discourse

Members of the cryptocurrency community pondered the reason behind Vitalik Buterin, the co-founder of Ethereum, transferring $330,000 worth of crypto into Railgun’s private transaction system. On April 15, according to Scopescan’s blockchain monitoring, Ethereum co-founder Vitalik Buterin moved 100 Ether (ETH) to the decentralized finance platform Railgun. He conducted this transaction through his ENS-labeled wallet … Read more