Harvest Global CEO and CIO Tongli Han ‘does not rule out’ applying to offer Bitcoin and Ether exchange-traded funds through the Stock Connect program for mainland Chinese investors within the next two years “if all goes well” He said.Harvest Global is one of Asia’s first spot Bitcoin and Ether ETF issuers, along with China Asset Management (ChinaAMC) and Bosera/HashKey. Bosera/HashKey listed on the Hong Kong Stock Exchange last month as part of the city’s plans to become a global cryptocurrency. hob.Han’s remarks were made at the two-day Bitcoin Asia conference, which began in Hong Kong on Thursday, the South China…
Author: Crypto Flexs
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Dubai, United Arab Emirates, May 10, 2024, Chainwire Bybit, one of the world’s top three cryptocurrency exchanges by trading volume, has announced its Proof of Reserves audit, which includes the most comprehensive 40 cryptocurrencies in the sector, reiterating its commitment to transparency and trustworthiness. Cryptocurrencies more than 100% supported include: BTC, ETH, USDT, USDC, AGI, AGLA, APEX, APT, ATOM, AVAX, BEAM, BLUR, COMP, CRV, DAI, DOGE, DOT, DYDX, EOS, FET, FTM, GALA, IMX, LDO, LINK, LTC, MANA, MATIC, MNT, OP, PEPE, RNDR, SAND, SHIB, SHRAP, SOL, SUSHI, UNI, WLD and XRP. The reserve ratios of major cryptocurrencies are BTC: 116%,…
The initial investor who made $8 million on dogwifhat is back for more WIFs. dogwifhat has over $1.2 billion in daily trading volume in the derivatives market. A chart analyst examines the potential for a bullish pennant on WIF’s 4-hour chart. The Solana meme coin craze has made an unexpected comeback after being quiet for a while. A massive shift in investor sentiment was discovered by popular cryptocurrency whale tracking agency LookOnChain, which informed its X audience of an unusually large acquisition of dogwifhat (WIF) in the early hours of Friday, May 10, 2024. To elaborate, one Solana (SOL) whale…
Ark Invest and 21shares have revised their offerings for a spot Ethereum exchange-traded fund (ETF), removing the staking option it previously included. This change represents a significant shift from previous submissions that had considered the involvement of a trusted staking provider to manage a portion of the trust’s assets. Ark Invest and 21shares revise Ethereum ETF proposal, omit staking (…)
Understanding the Polygon Amoy testnet Polygon Network has introduced a new testnet known as Polygon Amoy. This testnet platform is designed to allow developers and users to test transactions using MATIC tokens before making real transactions on the mainnet. How to Earn Amoy Testnet MATIC Tokens Users can now earn MATIC tokens for the Polygon Amoy testnet. By acquiring these tokens, users can perform test transactions, which will help ensure smoother operations on the mainnet. This guide will walk you through the process of earning these tokens and adding them to your wallet. Integrate tokens…
The cryptocurrency environment is constantly evolving through constant innovation and adaptation. In September 2022, Ethereum, one of the leaders in the cryptocurrency space, made a groundbreaking move by switching from Proof of Work (PoW) to Proof of Stake (PoS) with The Merge. This transition not only promises improved scalability and efficiency, but also significant reductions in energy consumption – a pivotal step towards a more sustainable future. However, as Ethereum celebrates its technological leap forward, a new challenge has emerged: the high barrier to entry for individual stakers. Traditional staking methods require significant initial capital, limiting participation to a select…
I am a firm believer in judging the present through knowledge of the past. One of the biggest trends in business and technology over the past 25 years or so has been what can loosely be called the open source revolution. the concept of it good business Sharing source code may not yet be firmly entrenched in the eyes of many traditionalists, but the idea of leveraging existing open source software is. We’re quickly reaching a point where almost all important non-niche software is public in some way. Any Android phone, any Mac computer, almost any mainstream web technology (servers,…
One analyst said the dollar reacts negatively to rising U.S. unemployment claims, benefiting Bitcoin along with the stock market.The U.S. Dollar Index (DXY), which measures the dollar against the world’s major currencies, fell 0.45% to 105.25 from a high of 105.73 on Thursday, according to TradingView data.Meanwhile, the S&P 500 traded within 1% of its all-time high following the US unemployment rate announcement. By the end of trading Thursday, the Dow Jones was up 0.85%, the S&P 500 was up 0.51% and the Nasdaq Composite was up 0.27%. Additionally, according to The Block’s price page, the price of Bitcoin is…
Over the past few weeks, the price of VeChain (VET) has struggled to live up to the promise and exuberance it showed at the start of the year. This has been the story for much of the cryptocurrency market, with several large altcoins experiencing double-digit declines over the past month. However, the VeChain token has been a hot topic of discussion among cryptocurrency analysts and experts. Popular cryptocurrency analyst Ali Martinez is one of the latest to offer future predictions for the token. Can VeChain price reach $0.6 by December 2024? The cryptocurrency expert took to the X platform to…
join us telegram A channel to stay up to date on breaking news coverage In a contentious interaction, leading stablecoin operator Tether has issued a report calling into question the viability of stablecoins, including Tether’s own USDT, from Deutsche Bank. Bank) was fiercely criticized. A May 7 report speculated on the possibility of a destabilizing “peso moment” similar to Terraform Lab’s TerraUSD (TUSD) collapse in 2022, which wiped about $40 billion from the market in just a few days. Stability issues and transparency analysis of Tether operations highlighted in Deutsche Bank report A Deutsche Bank analysis that reviewed 334 currency…