Category Archive: Cryptocurrency, No picture
Asia’s first inverse Bitcoin ETF to launch in Hong Kong amid crypto market volatility
Key Takeaways Hong Kong’s inverse Bitcoin ETF launch showcases the city’s ambition to become a leading crypto financial hub. The new ETF reflects growing demand for sophisticated crypto investment tools amid political-driven market volatility. Hong Kong is set to introduce Asia’s first crypto-linked inverse exchange-traded fund (ETF), allowing investors to bet against Bitcoin amid market […]
Mt. Gox reactivates Bitcoin wallet, makes small transfer to Bitstamp
Key Takeaways Mt. Gox sent 0.021 Bitcoin to Bitstamp early today, following Kraken’s Bitcoin and Bitcoin Cash distribution last week. Bitstamp is identified as one of the exchanges handling Mt. Gox’s creditor repayments. Mt. Gox, the once-prominent crypto exchange, initiated a minor Bitcoin transaction on Monday. According to data from Arkham Intelligence, a wallet associated […]
‘Asia’s MicroStrategy’ Metaplanet buys another ¥200 million worth of Bitcoin, shares jump 13%
Key Takeaways Metaplanet’s share price increased by 13% following its new Bitcoin acquisition. The company’s total Bitcoin holdings now exceed 245 BTC, valued at around $16.7 million. Metaplanet, a company listed on the Tokyo Stock Exchange and often compared to MicroStrategy, saw its shares increase by 13% following its announcement of acquiring 20.381 Bitcoin (BTC), […]
Elon Musk goes laser eyes after Biden quits presidential race
Key Takeaways Elon Musk updates his logo to include laser eyes, aligning with crypto culture. The laser eye meme has been adopted by high-profile figures and institutions such as Michael Saylor, US Senator Cynthia Lummis, and Franklin Templeton. Elon Musk has recently updated his profile picture on X (formerly Twitter) to feature laser eyes, a […]
Bitcoin tumbles on news of Biden’s withdrawal from election race
Key Takeaways President Joe Biden has officially withdrawn from the 2024 Presidential election. Speculation about Vice President Kamala Harris as the potential Democratic nominee increases. Bitcoin prices fell as low as $65,800 on Binance after news broke that US President Joe Biden would not be running for re-election in 2024. At the time of reporting, […]
US Bitcoin ETFs attract over $2 billion inflows in two weeks amid renewed market optimism
Key Takeaways US spot Bitcoin ETFs saw strong inflows this week, with funds collectively capturing over $1 billion. Crypto market sentiment is turning positive, with the Crypto Fear and Greed Index hitting 74. US spot Bitcoin exchange-traded funds (ETFs) have drawn in over $2 billion from investors over the past two weeks amid renewed market […]
Ethereum breaks through $3,500 as spot Ethereum ETF progress nears finish line
Key Takeaways Ethereum’s price has surged 11% in a week, driven by anticipation of spot Ethereum ETFs. Ethereum ETF issuers have released fee structures, with a competitive range between 0.19% and 0.25%, excluding Grayscale’s higher fee. The price of Ethereum (ETH) has surged past $3,500, marking an 11% increase over the past week, TradingView’s data […]
DC Comics debuts Catwoman phygital comic at San Diego Comic-Con
Key Takeaways DC and Candy Digital launch “Catwoman: The Legacy Cowl” at SDCC 2024, continuing the blockchain-based comic series. The new comic features a fan-created villain and will be available both physically at SDCC and digitally on Candy Digital’s platform. DC and Candy Digital are set to release “Catwoman: The Legacy Cowl” at San Diego […]
WazirX reports $230M hack to police and cyber unit, implements recovery efforts
Key Takeaways WazirX has collaborated with relevant authorities to trace the attackers following a $230 million hack. The exchange is working on recovering stolen funds with help from other exchanges. WazirX has filed a police complaint and is pursuing additional legal actions in response to a recent cyberattack that resulted in over $230 million loss, […]
Bitcoin surges past $65,000 and sparks rally in Solana meme coins
Key Takeaways Bitcoin nearly reached $66,000 today, marking a significant price movement. Solana’s meme coins experienced substantial growth, with PressDog and Cafe leading the surge. Bitcoin (BTC) nearly touched the $66,000 price level today after leaping almost 4% in six hours, according to data aggregator CoinGecko. Notably, BTC must perform a daily close above $65,000 […]
