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 […]
Ubisoft Unveils Blockchain RPG at Paris Blockchain Week
Ubisoft is making significant strides in the blockchain gaming space with the debut of its first gameplay trailer for Champion Tactics Grimoria at Paris Blockchain Week. The game, a tactical player-vs-player RPG, represents a pioneering venture for the AAA game studio into blockchain-based gaming. The lead developers showcased how players can craft unique blockchain-based figurines. […]
Paris Blockchain Week: Future Insights
Paris Blockchain Week concluded its fifth annual event, featuring a series of influential panels and discussions led by global industry leaders. The event unfolded over three days, teeming with insights and forecasts that have stirred the crypto community. Venture capitalist Tim Draper, known for his early investments in companies like Tesla and Coinbase, shared an […]
Trump NFT Interest Cools Amid Trial
The allure surrounding former U.S. President Donald Trump’s initial foray into the digital realm with his NFT collection seems to be waning. After a significant debut in late 2022, which saw the launch of 45,000 NFTs featuring cartoonish depictions of Trump, recent data from OpenSea shows a dramatic 99% drop in trading volume over the […]
Crypto Market Tumbles, $200M in Longs Liquidated
The cryptocurrency market is experiencing a significant downturn, with major cryptocurrencies including Bitcoin and Ethereum seeing substantial drops in value. Over the past 24 hours, the market has witnessed over $200 million in long positions being liquidated, reflecting the volatile nature of this digital asset space. Bitcoin, the leading cryptocurrency, has declined to just under […]
BlackRock’s IBIT ETF Surpasses $18 Billion
BlackRock’s iShares Bitcoin Trust (IBIT) has emerged as a monumental success in the world of cryptocurrency investments. Since its launch on January 11, IBIT has amassed over $15 billion in investments. This remarkable achievement highlights the growing interest and trust in Bitcoin as a viable asset class among traditional investors. The spot Bitcoin exchange-traded fund […]