Spot Bitcoin Exchange Traded Fund (ETF) was officially listed in Hong Kong with the opening of the stock market. Formula: Spot #Bitcoin ETF trading begins in Hong Kong đź‡instagram 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 managers are gearing up for the event after the Hong Kong Securities and Futures Commission approved three spot Bitcoin ETF applications earlier this month. China Asset Management, Harvest Global Investments, Bosera International, and HashKey were all among the asset managers that received regulatory approval to…
Author: Crypto Flexs
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After unlocking the token’s transferability, the price of the safety token plummeted 42%, from $3.26 on the day of unlocking to $1.88 on April 30. Safe’s token contract was released on April 23rd. activate Holders transfer their tokens. The token has been locked for two years after the project’s Decentralized Autonomous Organization (DAO) decided to implement locking in 2022.This follows SafeDAO’s vote on the token transfer proposal where 99.1% of participants voted to ratify the proposal. A Safe spokesperson told Cointelegraph that the DAO delayed the token launch to “allow for gradual decentralization.” The DAO worked together to create a…
If we do the research, you can get alpha!Get exclusive reports and key insights on airdrops, NFTs, and more! Subscribe to Alpha Reports now and enjoy the game!Go to Alpha ReportHong Kong’s six new spot Bitcoin and Ethereum ETFs traded more than $80 million Hong Kong dollars (HKD), or about $10 million worth of shares, when they debuted on Tuesday, according to Hong Kong exchange data.Accordingly, Hong Kong, a special administrative region of China, became the first in Asia to allow trading of virtual asset ETFs. The Hong Kong Exchange said in a press release that investor interest in virtual…
Ripple partners with SBI Group and HashKey DX to introduce XRPL solutions to Japan. HashKey DX leverages the power of XRPL for an innovative blockchain solution in Japan. SBI Group Pioneers Use of XRPL Technology in Supply Chain Management in Japan Ripple has formed a groundbreaking partnership with SBI Group and HashKey DX to bring innovative blockchain solutions to the Japanese market. This collaboration marks an important milestone in the adoption of XRP Ledger (XRPL) technology into corporate environments in Japan. HashKey DX introduces XRPL to Japanese companies Recognizing XRPL’s enterprise capabilities such as fast payment speeds, low costs, and…
Milky Way, Celestia Tia -1.17% Liquid Stake Protocol has raised $5 million in a seed round co-led by Binance Labs and Polychain Capital, MilkyWay co-founder and CEO JayB Kim told The Block.Other investors in this round include Hack VC, Crypto.com Capital and LongHash Ventures, Kim said. Binance Labs said in a separate statement that it has invested in MilkyWay to help it become a leading liquid staking protocol within the modular blockchain ecosystem, including Celestia.MilkyWay began raising money for the round last December and closed it about a month ago, Kim said. CEO Kim added that this round consisted of…
There are many layer 1 blockchains on the market. This means that there is fierce competition in this field, which also means it creates a healthy environment. Remember that only the strong survive. But who are those survivors? There are several ways to determine which criteria make a difference. Lucas, a senior intern at Bankless, wrote: twitter thread About 5 indicators to evaluate blockchain. We think they will be helpful. So, let’s take a look and find out what we need to pay attention to. Bitcoin, Ethereum, Solana, Avalanche, Cosmos, Polkadot… The Layer 1 environment is highly competitive. How do…
Cardano’s price is at $0.45 after a downward trend over the past month. Santiment analysts say ADA could see a potential upside reversal as whale activity surges. KANG is a new cryptocurrency project that is receiving a lot of attention in pre-sale. Cardano (ADA) fell below a key level and could face fresh downward pressure as Bitcoin struggles to regain $64,000. However, on-chain data shows a surge in whale activity, suggesting a potential reversal. In this article, we take a look at Cardano’s price prediction and what it means for the broader market outlook for KangaMoon (KANG). What is KangaMoon?…
Altcoins, which are essentially any cryptocurrency that is not Bitcoin, have been seeing some interesting trends recently. Here’s a look at what’s happening in the altcoin world and what experts think will happen next.Altcoin market statusAltcoins are gaining traction, especially after the 2021 bull run that saw Ethereum, Cardano, and other altcoins hit record highs. Since then, the market has experienced some ups and downs, but many believe we are headed for another wave of growth.What influences altcoin trends?Wide adoption: Altcoins are used for more than just transactions. Ethereum’s smart contracts and DeFi ecosystem, Cardano’s sustainable blockchain model, and Solana’s…
Cobra, the pseudonymous owner of the Bitcoin.org domain, has expressed concerns about future actions by the U.S. government regarding Bitcoin ownership. He anticipates the possibility of banning self-storage of Bitcoin, even in cases where its application and enforcement may be impractical. Bitcoin.org owner Cobra: Bitcoin’s self-custody in the US could be at risk.
Binance founder Changpeng Zhao appears to be eyeing investments in AI-focused data centers as part of his exploration of new investment opportunities. Former Binance President Changpeng Zhao (CZ) has held multiple discussions with OpenAI CEO Sam Altman despite facing a possible three-year prison sentence for allowing various money laundering schemes on his exchange, The New York Times. It is known that He learned this by quoting people familiar with the matter. Details about Zhao and Altman’s conversation remain sparse, with sources only saying that the former Binance representative is particularly interested in artificial intelligence. According to the report, Zhao first…