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Fidelity Bitcoin ETF Sees Strongest Daily Inflow Since Launch


The Fidelity Wise Origin Bitcoin Fund (FBTC) recorded its largest number of daily inflows on Monday, absorbing $404.6 million in funds used to buy more Bitcoin (BTC). The post Fidelity Bitcoin ETF Sees Strongest Daily Inflow Since Launch appeared first on Cryptonews

Bitcoin Hit a Record High. Here's What Might Happen Next


Bitcoin hit a record $69,325, its highest level since November 2021 on a flurry of volatility buoyed by demand from spot BTC exchange-traded funds (ETFs). Unlike previous cycles, it almost instantly fell back as bearish traders wrangled for control

Hong Kong to Kickstart New Web3 and Digital Yuan Initiatives This Year


The city of Hong Kong has detailed the advancement of new Web3 and digital yuan initiatives as part of its 2024-2025 budget. In a speech, Hong Kong Financial Secretary Paul Chan stated that the city would expedite a Web3 sandbox for stablecoins and expand the digital yuan pilot as part of...

BRICS to Develop Digital Currencies and Blockchain-Based Payment System


BRICS nations announce plans to collaborate to launch an independent blockchain-based payment system, introducing their own digital currencies to streamline cost-effective transactions. The post BRICS to Develop Digital Currencies and Blockchain-Based Payment System appeared first on Cryptonews

Russian Digital Ruble Pilot ‘on Track,’ Registers About 25K Transactions


Elvira Nabiullina, Governor of the Bank of Russia, stated that the current pilot test of the Russian digital ruble was “on track,” with several operations being tested, including opening wallets, and interactions with smart contracts. Nabiullina revealed that over 25,000 transactions...

US SEC Delays Decision on BlackRock’s Spot ETH ETF


The U.S. Securities and Exchange Commission (SEC) has delayed a decision to approve the BlackRock spot Ethereum exchange-traded fund (ETF). The post US SEC Delays Decision on BlackRock’s Spot ETH ETF appeared first on Cryptonews

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