Hong Kong’s Securities and Futures Commission (SFC) has officially approved several spot Bitcoin and Ethereum exchange-traded funds (ETFs), a decision that marks a significant development in the region’s burgeoning cryptocurrency market. These approvals have been granted to prominent asset managers including China Asset Management, Bosera Capital and HashKey Capital Limited, along with in-principle approval for Harvest Global Investments. Hong Kong SFC approves Bitcoin and ETH ETFs China Asset Management’s Hong Kong division press release, received SFC approval to launch spot Bitcoin and Ethereum ETFs. The initiative is part of a collaboration with OSL Digital Securities Limited and BOCI International and…
Author: Crypto Flexs
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The Nigerian government has sought Binance executive Nadeem Arjarwalla in Kenya for allegedly manipulating the Nigerian naira. Nigeria is cooperating with Interpol and Kenyan authorities to secure the extradition. Nadeem Arjarwalla, a senior Binance official, escaped detention in Nigeria, and Nigerian authorities were able to track him down in Kenya. Arjarwalla was accused of participating in an operation that caused major disruption in the Nigerian Naira exchange rate market. Arjarwala’s identity was revealed after he arrived in Kenya, and the Nigerian government quickly arranged his extradition so he could face the charges against him. The Nigeria Police Force, Kenya Police…
Solana plummeted, falling towards $110. SOL price is currently correcting losses above $140 and faces a hurdle near the $160 resistance zone. SOL price gained bearish momentum and fell below $150 against the US dollar. The price is currently trading below $160 and the 100 simple moving average (4-hours). On the 4-hours chart of the SOL/USD pair, there is a major bearish trend line forming at $160 resistance (data source from Kraken). A break above the $150 and $160 resistance levels could continue the recovery for the currency pair. Solana price recovery begins Solana price started to decline significantly below…
The Solana-based decentralized exchange (DEX) has seen a significant increase in trading activity, with trading volume exceeding the $1 billion threshold. According to DEX Screener, current trading volume is $1.23 billion, up significantly from last week’s average volume of $1 billion. Interestingly, this surge is largely due to the growing popularity of meme coins within the Solana ecosystem. Solana DEX trading volume rebounds due to Meme Coin This resurgence in Solana DEX trading volume is particularly noteworthy as it coincides with increased regulatory scrutiny of the decentralized finance (DeFi) sector. Recently, the SEC issued a Wells Notice to Uniswap, one…
Bitcoin BTC +2.40% Ethereum prices rose in Asia on Monday afternoon after Hong Kong gave preliminary approval to an application for a local spot cryptocurrency exchange-traded fund. According to the Hong Kong market, over the past 24 hours as of 4:15 p.m., the price of Bitcoin rose 2.8% to $66,425, and Ethereum rose 5.2% to $3,252. This is The Block’s price page.The two largest cryptocurrencies and most other tokens recovered following Iranian drone attacks on Israel sparked a massive sell-off in crypto assets over the weekend. Bitcoin briefly fell below $62,000, and Ethereum also momentarily fell below $3,000.Meanwhile, the GMCI…
A cryptocurrency strategist who follows closely believes Bitcoin (BTC) is positioned to surge to all-time highs after falling to around $60,000 last week. Cryptocurrency analyst Kaleo told his 634,700 followers on social media platform At the time, the market expected approval of a spot BTC exchange-traded fund (ETF). According to the trader, he believes Bitcoin will set a new record around the halving, when BTC miners’ rewards will be cut in half. However, he predicts that BTC will see a major correction before triggering a steep uptrend following the rally. “Of the price structure comparisons I am looking at right…
Quantum Cats is a collection of 3333 Ordinals Inscriptions that evolve over time, to reveal different artwork. This is the first ever collection of Inscriptions that will evolve over time, and was created in a time of high fees and an unpredictable future fee market. This is not an article about the aesthetic virtues of the artwork (I think they look cool) or reasons to participate in the market for them; this is an article about the technical implementation of Quantum Cats. I think the engineering challenges we faced and the techniques we implemented to meet those challenges are interesting…
HashKey and Bosera International have received conditional approval from Hong Kong regulators for two spot cryptocurrency ETFs, marking a significant moment for Asian investors. HashKey Capital and Bosera International have received conditional approval from Hong Kong’s Securities and Futures Commission (SFC) to offer spot Bitcoin and Ethereum exchange-traded funds (ETFs) in the region. HashKey said in an April 15 blog announcement that the ETF “bridges the gap for traditional institutions to invest in virtual assets,” and that the move would “significantly expand” mainstream and retail investors’ exposure to cryptocurrencies. He added that it would be so. “We are truly grateful…
After two months of additional work since Serenity’s first Python proof-of-concept release, we are excited to announce Serenity PoC2. Now Available. Although the release is far from a testnet-ready client, and much less a production-ready client, PoC2 brings a number of important improvements. Above all, the goal of PoC2 was to implement a complete protocol, including the basic corner cases (bet and deposit cuts), to understand all the details of the protocol and ensure that it actually works in any case. In a very limited testing environment. This goal has been achieved. PoC1 includes only the bare minimum features required…
In the ever-expanding world of cryptocurrency, Dogwifhat (WIF) stands out as a prominent player alongside Shiba Budz (BUDZ) and Bonk (BONK). As investors delve deeper into the realm of dogcoins and explore their potential and utility, these three tokens have emerged as frontrunners in the race for dominance. Let’s take a closer look at each dog-themed cryptocurrency, examining its unique characteristics and market dynamics. Dogwifhat Exploration (WIF) Dogwifhat (WIF) has garnered attention for its innovative approach to decentralized finance (DeFi) and its active community of supporters. Focused on social trading and governance, Dogwifhat (WIF) provides users with a platform to…