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Asia’s First Bitcoin Inverse ETF Set for Hong Kong Launch


Hong Kong is still emerging as a major player in the cryptocurrency market. On July 23, Singapore will launch the China Southern Asset Management Co., Ltd. (CSOP) Bitcoin Future Daily (-1x) Inverse Product, Asia’s first inverse Bitcoin ETF. This new financial instrument is designed to help...

Polygon’s MATIC to POL Transition Set for September


Polygon, the popular Altcoin, is gearing up for a major network change. On September 4, 2024, the network will undergo a mainnet upgrade, replacing its native MATIC token with a new token called POL. This move is a part of the “Polygon 2.0” roadmap. What Does This Mean for Polygon...

Binance tax evasion verdict set for October


Binance's lawyer urged the judge to dismiss all charges, just as the charges against the detained executive were previously dropped, arguing that the case lacks substance

Germany’s Bitcoin Stash Runs Low – Are BTC Prices Set to Soar?


The German government has been on a Bitcoin-selling spree for about a month now. The BTC dumping, followed by Mt. Gox client repayment, has been a huge pain for crypto investors. At the beginning, the German government had 50,000 BTC. Now, they have 6,000 BTC left – an amount not worthy...

Bitcoin mining difficulty set for another drop following FTX collapse


The resilience of Bitcoin miners is currently being tested, and miners anticipate a 5% drop in Bitcoin’s mining difficulty. Bitcoin mining refers to the process of creating and distributing Bitcoin for circulation. Mining difficulty is a metric that determines how hard it is for a miner...

Spot Ethereum ETFs are set to debut very soon


The launch of spot Ethereum ETFs is highly anticipated because there are many rumors that they will be heavily loaded. The Chief Investment Officer of Bitwise believes that projecting Ethereum as a major participant in the technological space is the best course of action. He continues by saying...

Cardano (ADA) price set for recovery with strong investor optimism


Cardano, one of the most popular cryptos, is showing signs of recovery. To complete the shift, the token will need support from investors and the market. If Cardano manages to register a hike, its unprofitable supply of 1.7 billion tokens can turn profitable. According to the latest ADA forecast...

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