HashKey, a licensed cryptocurrency exchange in Hong Kong, has completed product features and related infrastructure services for a potential spot Bitcoin exchange-traded fund in Hong Kong, and the region could reportedly approve such an ETF as early as next week.Livio Weng, CEO of HashKey Exchange, told The Block that the fund issuer, in collaboration with HashKey, has finalized the development of a spot Bitcoin ETF. HashKey is set to provide infrastructure support for the ETF and has entered the “integration and functional testing” phase.“As a fund provider applying for ETFs in Hong Kong, HashKey provides basic infrastructure support covering trading,…
Author: Crypto Flexs
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UNI price went into the red and fell below the $10.00 support line. Uniswap is showing many bearish signs and a recovery may face a hurdle near $10.00. UNI began a new decline below the $10.00 support zone. The price is trading below $9.50 and the 100 simple moving average (4-hours). On the 4-hours chart of the UNI/USD pair, there is a major bearish trendline forming with resistance near $10.25 (data source from Kraken). The pair may recover, but the upside may be limited above $10.00. UNI prices take a hit After the SEC news, UNI began a big decline.…
We have seen all kinds of things happening in the cryptocurrency world. Some of the best meme coins can capture a large portion of the market, while fundamentally powerful projects remain in the dark. DOGE, with its massive community support, is an example of how hype can affect the price of a token. Some traders are already seeing it reach the $1 mark sooner rather than later, but this will depend on a number of factors. While we wait to see how the new ICO goes, incubeta, It competes with Chainlink and Monero. Can Dogecoin hit $1? Dogecoin has gained…
A widely respected trader said he is bullish on leading memecoin Dogecoin (DOGE) despite the market-wide correction. The trader, known by the pseudonym Sherpa, told his 214,200 followers on social media platform X that he planned to accumulate Dogecoin. “DOGE: I think it would be a good idea to buy until $0.15 and hold it there for the rest of this cycle. “I remain very optimistic about DOGE doing something stupid later this year.” source: Altcoin Sherpa/X Dogecoin is trading at $0.167 at the time of this writing, which is close to the accumulation level of Altcoin Sherpa. Next, the…
join us telegram A channel to stay up to date on breaking news coverage Artificial intelligence (AI) is driving a global shift from traditional to digital methods, changing the way we approach and execute work. Cryptocurrencies are deeply involved in these technological advancements, incorporating innovations such as IoT and blockchain technology. AI cryptocurrency coins, which leverage artificial intelligence to improve user experience, scalability, and security across blockchain networks, are demonstrating their far-reaching impact. This article highlights the top five AI cryptocurrency projects that are reshaping the market. Internet Computer (ICP) The Internet Computer Protocol revolutionizes on-chain activities by supporting unlimited…
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Almost three months after the C++ team was “rebooted,” I’d like to give you an update on the team itself, what we’ve done, and what we’re planning. team update The so-called C++ team currently consists of Paweł Bylica (@chfast), Greg Colvin (@gcolvin), Liana Husikyan (@LianaHus), Dimitry Khokhlov (@winsvega), Yann Levreau (@yann300) and Bob Summerwill (@bobsummerwill) . , me (@chriseth) and (kindly “donated” by Eris Industries) RJ (@VoR0220). Paweł is the original author of the llvm-based EVM-native just-in-time (JIT) compiler. He joined us back in April and will continue to improve JIT. Greg joined in February and has already achieved significant…
Gopax, a Korean cryptocurrency exchange backed by Binance, reported a net loss of 51.3 billion won ($37 million) in 2023 compared to a net loss of 90.6 billion won in 2022 as of the end of the year. financial report From parent company Streami. The trading platform, one of the five official cryptocurrency exchanges in Korea, recorded improved performance last year compared to the previous year. Sales increased by 97% to KRW 3.1 billion, and net operating loss decreased by 78% to approximately KRW 17 billion.Gopax’s stronger results came as bullish cyclical sentiment emerged in South Korea in 2023. South…
Bitcoin, the largest cryptocurrency on the market, is great as a store of value, but falls short in certain respects, most notably as an efficient means of transmitting value or functioning as a payment system. Given these shortcomings, there is a need for altcoins with unique abilities and features. Among the altcoin pools on the market, three stand out for their unique use cases and features. Experts believe that three altcoins – Bitgert, BEFE, and Centcex – have what it takes to dominate the market in 2024. Are Bitgert, BEFE and Centcex hidden gems to buy with crypto this week?…
The price of Ripple (XRP) is likely to break out of the potential downtrend that we will inevitably witness. This is likely to happen with the help of Bitcoin, which is expected to rise ahead of this month’s halving event. Ripple is likely to rebound. XRP price follows signals from Bitcoin, the largest cryptocurrency on the planet. This is because the latter is expected to have a big rally due to the halving event scheduled for the end of this month. As the price of Bitcoin rises, highly correlated assets will also strengthen and increase. XRP is one altcoin that…