"Hong Kong's approval of a crypto spot ETF is another channel to unlock pent-up investment demand," said Jamie Coutts, crypto market analyst at Bloomberg Intelligence. "Hong Kong's crypto spot ETFs account for 0.18% of total crypto assets under management. Stocks and real estate are the worst...
The accusations and noise against Worldcoin are frequent. According to Cryptoslate, the city government of Buenos Aires, Argentina, has issued an official statement of condemnation, stating that "Worldcoin (WLD) violated consumer laws with abusive clauses in its user agreement." The city says it...
The Hong Kong Securities and Futures Commission (SFC) has conditionally approved the proposed Bosera-Hashiki Bitcoin Spot ETF and Bosera-Hashiki ETH Spot ETF from Chinese asset managers Harvest Fund, Bosera Asset Management and Hashiki Capital, according to Foresight News. The asset managers'...
According to LookOnChain's analysis of Etherscan data, "USD297.9 million worth of USDT was transferred from Tether Treasury to Kraken and Bitfinex during the recent dip. The market has since started to rebound. The market has since started to rebound." However, it's unclear who this money is from...
"It's time for traders with a high ETH weighting in their portfolios to start rebalancing," crypto analyst Alex Krüger told X. "Personally, I thought ETH was going to surpass its all-time high, but the recent price action is not convincing. "Personally, I thought ETH could surpass its all-time...
Vietnam's Minister of Justice Cao Dang Vinh has said that the country has not banned cryptocurrencies, according to foreign media. However, it is necessary to establish a minimum legal framework for their legitimate development and risk prevention." "Cryptocurrencies are currently not considered...
Crypto data provider Alternative's self-estimated "Fear-Greed Index" rose two points from the previous day to 74. The greed stage was maintained. The index indicates extreme fear in the market, with readings closer to zero indicating extreme fear, and readings closer to 100 indicating extreme...
"The alleged address of Ethereum (ETH) creator Vitalik Buterin (starting with 0x220) currently holds 243,000 ETH (worth $758 million) in a privately owned SAFE (formerly Gnosis SAFE) multisig wallet," O'Daly said, citing Etherscan data.
In an interview with CNBC, Guy Ficco, director of criminal investigations at the U.S. Internal Revenue Service (IRS), said the agency is preparing for cryptocurrency tax evasion ahead of the tax filing deadline, according to Cointelegraph. "We expect to see a spike in 'title 26' cases using...
Brian Dixon, CEO of Off The Chain Capital, a hedge fund specializing in cryptocurrency, told CoinDesk that "this halving may have a limited impact on the market unlike past halving events." "The basic logic is that when bitcoin halving occurs, the supply will decrease and the price will increase....
"Stablecoins will become legal in the U.S. as BlackRock and Wall Street private banks get more involved in the market," Ryan Sean Adams, a prominent cryptocurrency investor, told X. "The U.S. has no political will to create a CBDC. "The U.S. does not have the political will to create a central...
Expectations for the Federal Reserve (Fed) to cut its benchmark interest rate further diminished as U.S. underlying inflation beat market expectations for a third straight month. Market participants now see two rate cuts this year, with a growing number expecting just one. The likelihood of the...