HK’s Ether, Bitcoin ETFs may Struggle to Reach $500 Million

In Hong Kong, there’s been a lot of buzz following the approval of three new Bitcoin and Ether ETFs (Exchange-Traded Funds). Crypto fans are thrilled about this development. But, Eric Balchunas, a senior ETF analyst at Bloomberg, urges caution against overzealous anticipation. In a recent article, Balchunas cautions against the excessive excitement surrounding these ETFs. … Read more

BlackRock Bitcoin ETF Sees $73.4M Inflows Despite Drop

On April 15, BlackRock’s iShares Bitcoin Trust (IBIT) saw net investments of $73.4 million, even though this was a decrease from the $110.1 million inflow experienced the day prior, based on information from Farside Investors. Over the last two days, IBIT was the sole U.S. Bitcoin fund to attract investments, while other ETFs, with the … Read more

Trust Wallet Warns Apple iOS Users to Disable iMessage Now

Trust Wallet, which provides crypto wallet services, has issued a caution for Apple users regarding a suspected unpatched vulnerability in iMessage that could be exploited by hackers. For iOS users, be cautious: Important information indicates a dangerous zero-day vulnerability is being sold on the Dark Web that specifically affects iMessage. This threat can penetrate your … Read more

OKX Launches X Layer on Public Mainnet to Onboard 50M Users

OKX, a well-known cryptocurrency exchange, introduced X Layer on the mainnet for the first time to the public, with the goal of bringing its large user base of 50 million people into the world of blockchain technology. Hello innovators, architects, and pioneers! 👩‍💻👨‍💻 🚧 We’re making X Layer Mainnet publicly available 🚧 Over 200 dApps … Read more

Spot Bitcoin Price ails to rattle BTC Options Traders

Between the 12th and 13th of April, Bitcoin (BTC) prices dropped by a significant 13.3%. This steep decline forced numerous leveraged traders to sell off their holdings. The result was approximately half a billion dollars in liquidations and a decrease of over $5 billion in open interest. Despite the recent bounce back in Bitcoin’s price … Read more