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Bitcoin Shows Resilience Compared to Broader Crypto Market Despite Sell-Off: Fineqia
15.4.2024
Bitcoin has shown resilience in comparison to the broader digital assets market, maintaining a dominance metric of 55.3%, the highest level since April 2021.
The post Bitcoin Shows Resilience Compared to Broader Crypto Market Despite Sell-Off: Fineqia appeared first on Cryptonews
First Mover Americas: Hong Kong Spot Bitcoin ETF Applicants Claim Approval
15.4.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for April 15, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Investor Caution Persists as Digital Asset Investment Products See $126M in Outflows
15.4.2024
Digital asset investment products witnessed minor outflows amounting to $126 million in the past week as investors displayed hesitancy amidst a stalled positive price momentum.
The post Investor Caution Persists as Digital Asset Investment Products See $126M in Outflows appeared first on Cryptonews
DeFi-Focused Berachain Raises $100M in Funding Round Led by Brevan Howard Digital
15.4.2024
Decentralized finance (DeFi) -focused Layer 1 blockchain platform Berachain, announced it has secured $100 million in a funding round led by Brevan Howard Digital and Framework Ventures.
The post DeFi-Focused Berachain Raises $100M in Funding Round Led by Brevan Howard Digital appeared first...
Bitcoin vs. Gold: The great digital vs. physical showdown
15.4.2024
In the last few years, Bitcoin and Gold have amassed unmatched growth in the market. The original crypto, Bitcoin, has become synonymous with explosive growth. On the other hand, gold has maintained its status as a safe haven against market volatility. However, Bitcoin’s stable performance during...
BTC, ETH Rise as Hong Kong Bitcoin ETF Applicants Say They've Been Approved
15.4.2024
The Securities and Futures Commission, Hong Kong's markets regulator, has not made an official announcement
Hong Kong SFC Approves Spot Bitcoin and Ethereum ETFs as Market Rebounds
15.4.2024
Hong Kong SFC has approved first spot Bitcoin and Ethereum ETF applications filed by China Asset Management, Harvest Global, Bosera Capital and HashKey Capital.
The post Hong Kong SFC Approves Spot Bitcoin and Ethereum ETFs as Market Rebounds appeared first on Cryptonews
Bitcoin Back in Green as Crypto Market Awaits Hong Kong Spot ETF Decision
15.4.2024
The market has shaken off concerns of escalations between Iran and Israel as the U.S. appears to have talked Israel out of a counter-attack
Digital Ruble Rollout Will Cost Russian Banks $536m a Year – Experts
15.4.2024
Digital ruble rollout plans could cost the Russian banking sector a total of $536 million per year, financial analysts have claimed.
The post Digital Ruble Rollout Will Cost Russian Banks $536m a Year – Experts appeared first on Cryptonews
US Spot Bitcoin ETFs See $55.1M Outflow; GBTC Divests 2,048 BTC Amid Market Volatility
14.4.2024
Data shows that U.S. spot bitcoin exchange-traded funds (ETFs) experienced negative outflows on Friday, totaling $55.1 million, with Grayscale’s Bitcoin Trust (GBTC) seeing another notable decrease. Metrics from Thursday reveal GBTC held 316,193.43 bitcoins, but after a decline of 2,048.23...
Crypto Markets Crash as Iranian Drone Attack on Israel Sparks Sell-Off
14.4.2024
The cryptocurrency market experienced a significant downturn following an Iranian drone attack on Israel, leading to a widespread sell-off of digital assets.
The post Crypto Markets Crash as Iranian Drone Attack on Israel Sparks Sell-Off appeared first on Cryptonews
USDE and FDUSD Experience Brief Depegs Amid Saturday’s Crypto Market Shake-Up
14.4.2024
The fifth-largest stablecoin in the crypto economy by market capitalization, Ethena’s USDE, temporarily detached from its peg on Saturday amid market declines. Data reveals that the token, designed to mirror the U.S. dollar’s value, declined to $0.965 each. Similarly, the market...
Robert Kiyosaki Explains Why He Won’t Buy Bitcoin ETF
14.4.2024
Rich Dad Poor Dad author Robert Kiyosaki has explained why he won’t invest in a spot bitcoin exchange-traded fund (ETF). “Just as I own gold and silver coins and mines and own apartment houses, I do not own gold or silver ETFs,” he stressed. The famous author stated this week...
$10.5 Trillion Asset Manager Blackrock’s Spot Bitcoin ETF Now Holds 270K BTC
13.4.2024
Blackrock, the world’s largest asset manager, shattered its record for assets under management (AUM), reaching a staggering $10.5 trillion. This financial behemoth also continues to dominate the U.S. spot bitcoin ETF market with its Ishares Bitcoin Trust (IBIT), which has amassed nearly 270K...
Robert Kiyosaki Says No to Spot Bitcoin ETF Investments
12.4.2024
Prominent author of "Rich Dad, Poor Dad," Robert Kiyosaki, stated on April 12 that he would never participate in exchange-traded funds (ETFs) that track Bitcoin spot prices or in any other "Wall Street financial products."
The post Robert Kiyosaki Says No to Spot Bitcoin ETF Investments appeared...
Payment Use Cases Fuel Increasing Stablecoin Growth
12.4.2024
The global stablecoin supply currently stands at over $150 billion, demonstrating new demand for relatively stable digital assets. The stablecoin market has also grown more competitive. For example, XRP issuer Ripple recently announced plans to launch a United States dollar-backed stablecoin. ...
Stablecoin Market Expands by $4.46 Billion in 12 Days
12.4.2024
In the last 12 days of April, the stablecoin sector expanded by $4.46 billion, reaching a current valuation of $155.86 billion. Additionally, the top five dollar-pegged cryptocurrencies experienced an increase in their supplies over the last 30 days. Top Dollar-Pegged Cryptos See Growth Amid...
Hong Kong Set to Approve Bitcoin and Ether ETFs as Early as Monday
12.4.2024
The potential approval of Bitcoin and Ether ETFs in Hong Kong could occur as soon as Monday, with asset management firms like Harvest Fund Management anticipating the green light. Collaborating with Hong Kong Exchanges & Clearing Ltd, the Securities and Futures Commission seeks...
US inflation rises, BTC fluctuates, and Asia gears up for Bitcoin ETF
12.4.2024
Three updates have taken the market by storm. First, the US inflation figure is above the expected amount. Second, BTC has started experiencing fluctuations in its value ahead of Halving. Third, Hong Kong is very likely to approve the Spot Bitcoin ETF and become the first Asian country to do...
Digital Renaissance: Global Market of Artification Brings Rubens and Rembrandt Artworks to Global Blockchain Show
12.4.2024
PRESS RELEASE. Dubai, April 12, 2024: The Global Blockchain Show is pleased to announce Global Market of Artification (GMA) as its diamond sponsor at the upcoming two-day conference, set to take place at the Grand Hyatt, Dubai. Artworks by renowned masters like Rubens and Rembrandt will be featured...