Day: April 15, 2024

Hong Kong Advances with Bitcoin and Ethereum ETFs

Hong Kong’s Securities and Futures Commission (SFC) has granted conditional approval to several spot Bitcoin and Ethereum ETF applications. This move signals a growing institutional acceptance of digital assets within the region. China Asset Management and Harvest Global Investments initially announced these approvals. However, Harvest retracted its statement shortly afterwards, likely awaiting a formal announcement […]

Crypto Market Rallies Amid Global Tensions

After a dramatic weekend that saw Bitcoin’s value dip below $63,000, the crypto market is exhibiting signs of resilience and recovery. As of now, Bitcoin (BTC) has risen by 3.6% for the day, trading around $66,610, although it still shows a 7% decline over the week from a high of over $72,000. The rebound isn’t […]

Busy Week in Crypto and NFT Gaming

The world of crypto and NFT gaming is as bustling as ever, showcasing everything from game releases and token airdrops to a constant stream of activities. For those looking to stay abreast of the latest developments in crypto video games, our weekly roundup, “This Week in Crypto Games,” offers a comprehensive look at the biggest […]

Crypto.com Navigates Growth Amid Regulatory Challenges

Crypto.com, though not the largest in trading volume, is unmistakably one of the most recognizable names in the cryptocurrency exchange realm. This prominence is bolstered by high-profile sponsorships, such as naming rights for the arena where Lebron James plays, and partnerships with the Philadelphia 76ers, Formula 1, and the Ultimate Fighting Championship (UFC). These strategic […]

Avalon Game Studio Secures $10M for MMO Venture

Avalon, a burgeoning crypto gaming studio, has successfully raised $10 million in a funding round co-led by Bitkraft Ventures and Hashed. This capital injection is set to bolster the development of their flagship project—a massively multiplayer online (MMO) game also named “Avalon”. The studio is harnessing the expertise of veterans from major web2 gaming companies […]

Bitcoin Miners Optimistic Despite Challenges

As the Bitcoin halving event approaches, top executives at leading Bitcoin mining firms maintain a positive outlook, despite not outperforming Bitcoin itself this year, according to Bernstein research and brokerage firm. This underperformance is attributed to strong U.S. spot Bitcoin exchange-traded fund (ETF) flows, which have diverted retail liquidity away from miner stocks, alongside concerns […]

TeleportDAO Boosts Bitcoin Layer 2 Interoperability

The Bitcoin blockchain is evolving beyond its initial purpose as a platform solely for BTC transactions. With the advent of Ordinals and ideas for creating fungible tokens like BRC-20s and running smart contracts, Bitcoin’s role in the digital ecosystem is expanding significantly. These innovations have given rise to the concept of Bitcoin layer 2 solutions, […]

LBBW Embraces Crypto with Bitpanda Partnership

Germany’s Landesbank Baden-Württemberg (LBBW), the largest federal bank in the nation, has taken a significant step into the world of digital assets. In a groundbreaking move, LBBW announced its collaboration with Austrian-based Bitpanda to launch “investment-as-a-service” for cryptocurrencies aimed at institutional and corporate clients. This service includes both the procurement and secure storage of digital […]