TL;DR Green Bitcoin ETF Initiative: HashKey Group has partnered with GreenBTC.Club to launch the “Bitcoin ETF Greening Initiative,” aiming for sustainable development and carbon neutrality in the Bitcoin ecosystem. Carbon Neutral Fund Holdings: The initiative includes greening Bitcoin blocks of the ETFs and purchasing renewable energy certificates to make the fund holdings carbon neutral. Bosera […]
Australia gears up to join the global trend with potential ASX listings of crypto ETFs from Van Eck and BetaShares by late 2024. Despite lower success rates and AUM in the APAC region, Australia’s large superannuation balance could significantly impact these ETFs. Hong Kong is launching its own Bitcoin and Ethereum spot ETFs, with hopes […]
Digital assets manager CoinShares says institutional investments in crypto products suffered their third consecutive week of outflows last week. In its latest Digital Asset Fund Flows report, CoinShares says crypto investment products lost $435 million in outflows last week, the largest week of outflows since last month. “Trading volumes in ETPs (exchange-traded products) fell to […]
The 1inch network 1INCH, known for its decentralized protocol aggregation, experienced a further decline of 5% in its token value today. This downtrend comes amidst ongoing market volatility affecting various cryptocurrencies. According to on-chain reports, Wallet 0xde9, likely associated with Wintermute Trading, recently deposited 7.44 million 1INCH tokens, valued at approximately $3.14 million, to Binance […]
Ethereum price struggled to recover above $3,350 and corrected gains. ETH is consolidating near $3,200 and facing many hurdles. Ethereum started another decline and tested the $3,120 zone. The price is trading below $3,220 and the 100-hourly Simple Moving Average. There is a short-term rising channel forming with support at $3,170 on the hourly chart […]
A widely followed crypto strategist says that Ethereum (ETH) is likely gearing up for a big upside move as the leading smart contract platform shows “serious strength” in the charts. Pseudonymous analyst and trader Bluntz tells his 257,000 followers on the social media platform X that ETH is looking strong both in its USD and […]
Seasoned trader Peter Brandt believes there’s a one in four chance that Bitcoin (BTC) will top out at $160,000 this cycle. Brandt tells his 724,700 followers on the social media platform X that he expects the current Bitcoin bull market to endure until Q4 of 2025. “Note that I assigned a 25% probability to my […]
dWallet Network – the infrastructure for programmable native Bitcoin – announced adding support for EVM-compatible Layer 1 blockchain, Monad The latest integration unveiled on April 30th aims to solidify Monad’s position as the leading ecosystem for EVM builders, utilizing dWallet technology to introduce native multi-chain capabilities. Multi-Chain DeFi Integration According to the official press release […]
Hong Kong’s debut of six spot bitcoin and ethereum exchange-traded funds (ETFs) garnered HK$87.5 million ($11 million) on their first day, April 30. However, these ETFs underperformed compared to their U.S. counterparts, which had attracted a much larger sum of $4.6 billion on their initial day. Despite High Hopes, Hong Kong’s Bitcoin ETFs Start Slow […]
XRP showing good dynamic, but it’s simply not enough
Cryptocurrency is a high-risk, complex investment. Investors should exercise caution despite financial influencers' encouragement to engage in the …
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. Introduction: The Bitcoin Volatility Premium AMC, an innovative investment product, has quickly become the largest actively […]
Ripple has partnered with HashKey DX to introduce XRP Ledger-based blockchain solutions to the Japanese market.
A widely followed crypto analyst believes that Ethereum (ETH) and other altcoins are on the verge of a major market correction. In a new video update, crypto strategist Benjamin Cowen tells his 800,000 YouTube subscribers that Ethereum against Bitcoin (ETH/BTC) may be making one final move to the upside before a market capitulation. “In order […]
TL;DR Massive Crypto Unlock: In May 2024, approximately $3.58 billion worth of tokens from various digital assets like Pyth Network (PYTH), Aevo (AEVO), Memecoin (MEME), Aptos (APT), and Avalanche (AVAX) are set to be released into circulation, potentially causing market volatility. Token Release Details: Key releases include 2.13 billion PYTH tokens, 827.6 million AEVO tokens, […]
TL;DR Tether acquires $200 million majority stake in Blackrock Neurotech. The investment will boost the commercialization of medical devices based on brain signals. Paolo Ardoino, CEO of the company, highlights the transformative potential of Blackrock Neurotech’s brain-computer interfaces. Tether, known for issuing the USDT stablecoin, has announced a significant investment of $200 million to acquire […]
Bitcoin is currently in a consolidation phase, oscillating between US$60k and $70k, struggling to find a clear direction. Going forward, important to see how the Federal Reserve reacts to inflation data, Swissblock analysts say. Expect ongoing market volatility as BTC approaches key support at US$60k, with a risk of falling to $52k. Analysts at wealth […]
The Depository Trust and Clearing Corporation (DTCC) has updated its annual line-of-credit policy, walking back support for using crypto-based funds as collateral. This may impact those with short-term borrowing plans that are using BTC ETFs as collateral. However, the overall effects of this decision will hopefully be marginal, as brokerages and stock traders should remain […]
The governance token of the Maker DAO protocol, $MKR, faced a significant decline of up to 11% today, reflecting the ongoing volatility in the cryptocurrency market. Spotonchain, an on-chain analytics platform, provided insights into whale activity surrounding MKR tokens, revealing notable movements to centralized exchanges (CEX). Whale address 0x09e/0xdbb made a substantial deposit of 1,480 […]
XRP price is struggling to recover above the $0.520 resistance. The price could gain bearish momentum if it breaks the $0.50 support. XRP is attempting a fresh increase and facing hurdles near $0.520. The price is now trading near $0.5150 and the 100 simple moving average (4 hours). There is a major bearish trend line […]
PRESS RELEASE. Casinobello.com, a Curacao-licensed online casino, is thrilled to gain the biggest popularity in its history and become one of the leading destinations for crypto-savvy iGaming users. With a strong presence in Germany, Austria, Switzerland, Italy, New Zealand, Canada, and Australia, Casinobello is pioneering the integration of cryptocurrency into the online gaming world to […]
On-chain sleuth ZachXBT has published a report on the history of Lazarus Group – the infamous North Korean hacking group responsible for some of the largest crypto thefts in the industry’s history. The article tracks 25 hacks affecting individuals and companies in crypto through which Lazarus laundered $200 million from digital assets to fiat between […]
Two cryptocurrency titans, Ripple’s David Schwartz and Cardano’s Charles Hoskinson, have ignited heated debate over regulatory fate of XRP, with accusations of ETHGate conspiracy
A cryptocurrency is a digital asset that exists on a network of computers running in a ledger of transactions built on blockchain technology. These …
Spot Bitcoin exchange traded funds (ETFs) have officially gone live in Hong Kong as its stock market opens. OFFICIAL: SPOT #BITCOIN ETFS COMMENCE TRADING IN HONG KONG 🇭🇰 pic.twitter.com/yI8HsqRECf — Bitcoin Magazine (@BitcoinMagazine) April 30, 2024 The approval, eagerly awaited for months, signals a new era for the Bitcoin industry in the region. Major asset […]
Cointelegraph asked professionals working with zero-knowledge technology to get their insights on the current state of ZK.
Financial services titan Franklin Templeton has listed its new spot market Ethereum (ETH) exchange-traded fund (ETF) with the Depository Trust and Clearing Corporation (DTCC). In its products offering page, the DTCC has listed Ethereum-based exchange-traded products (ETPs) from key financial giants, including Franklin Templeton’s Ethereum TR Ethereum ETF (EZET). The DTCC, founded in 1999, is […]
Coolcoin has emerged as the second hottest trending token on Dex screener, experiencing an astronomical surge of 700,000% in the past 24 hours. With a market capitalization of $32.1 million and a current trading price of $0.032, Coolcoin has captured the attention of traders and investors alike. However, amidst the unprecedented price surge, Lookonchain data […]
Cardano (ADA), the smart contracts platform known for its energy-efficient Proof-of-Stake consensus mechanism, has been generating buzz lately. On-chain data reveals a significant uptick in large transactions, hinting at a potential return of the whales – major investors who can significantly impact cryptocurrency prices. Whales Making Waves On The Cardano Sea IntoTheBlock, a blockchain analytics […]
TL;DR Omnity introduces cross-chain transfer functionality for Runes tokens. Runes users can move assets between layer 1 and layer 2 networks. The integration of Omnity with Runes seeks to reduce congestion on the Bitcoin network. Omnity, an “omnichain” interoperability protocol based on the Internet Computer Protocol (ICP), has launched an integration that allows Runes token […]
Tokenised financial assets represent a trillion-dollar opportunity in the next decade, according to a new Deloitte report. Risks to realising tokenisation’s commercial benefits include a range of collaborative, technical, regulatory and risk management challenges. Tokenisation of assets via the blockchain is being pioneered in the financial services sector—with big names like BlackRock’s Larry Fink heralding […]
While bitcoin mining has become increasingly difficult and block rewards have dropped from 6.25 bitcoins to 3.125 bitcoins, a solo miner discovered block 841,286. Bitcoin’s Harsh Mining Climate Yields Treasure for One Solo Entity Mining bitcoin (BTC) has become significantly challenging, with the network’s difficulty reaching an all-time high of 88.10 trillion. This complexity, coupled […]